Massivit
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Massivit 3D Printing Technologies Ltd. (Massivit3D) is an Israeli public company traded on the Tel Aviv Stock Exchange (TASE:MSVT) Its headquarters are in Lod.[1] The company develops, constructs and sells Additive Manufacturing printers for production of large parts and develops printing materials for use in their printers.[2]
Massivit 3D was founded in 2013 by Gershon Miller, Igor Yakubov and Moshe Uzan.[2] In 1994, Miller established "Idanit" printing, acquired four years later by Scailex Corporation (formerly Scitex) for $60 million.[3] In 1998 he was one of three founders of "Objet", which in 2012 merged with its competitor Stratasys (Nasdaq: SSYS),[4] that had market value of $5.7 billion.[5] In February 2021, By IPO it had raised $50 million.[2] The CEO is Erez Zimerman and the chairman is Yaron Yechezkel. The CBO is Avi Cohen, whom was also working in both Objet and Stratasys for 16 years.[6] Investors includes: institutional investor (including Migdal and Mor Investment House),[7] Stratasys,[8] Yaskawa Electric Corporation[9] and Alpha hedge fund.[10] Among the investors in Masivit are: Tzur Daboosh,[11] the Owner and chairman of the Board Klil Industries, the Japanese electronics corporation, YASKAWA[12] and institutional bodies. Among the members of the company's board of directors is David (Dadi) Perlmutter, who was previously a vice president at Intel.