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The originally Eindhoven-based 3D printing service Shapeways is bankrupt, both in the Netherlands and the US.

Shapeways began in 2007 as a spin-off from Philips. The company let users design and upload their own 3D files, after which Shapeways could print the objects.

As of 2021, the company had been listed on the U.S. stock exchange. At the time, revenue was expected to grow to $250 million by 2024, but that was not achieved. In 2023, the company turned a net loss of $43.9 million, compared with a loss of $20.2 million in 2022.

The company indicated to the U.S. Security and Exchange Commission back in May that it did not have sufficient liquidity.

In the Netherlands, the company was declared bankrupt July 3 by the East Brabant District Court.

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