Galileo Acquisition Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 06:12 am EDT
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Galileo Acquisition Corp. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating loss was USD 1.399 million compared to USD 75,232 a year ago. Net loss was USD 12.312 million compared to USD 1.301 million a year ago. For the half year, operating loss was USD 1.586 million compared to USD 275,269 a year ago. Net loss was USD 11.284 million compared to USD 9,894 a year ago.
Shapeways Holdings, Inc. is a digital manufacturing company. The Company offers customers an end-to-end digital manufacturing platform on which they can rapidly transform digital designs into physical products. Its manufacturing platform offers customers access to quality manufacturing from start to finish through automation and digitization. The Company supports customers through the design, pre-production, manufacturing, and delivery processes across a range of industries, materials, part volumes, and delivery options. Its software supports ordering, part analysis, manufacturing planning, pre-production, and manufacturing. Its software includes manufacturing preparation technology, 2D and 3D tray planning, and machine integration. The Company utilizes approximately 12 additive manufacturing technologies to produce parts in over 120 materials and finishes. It has manufacturing facilities in Livonia and Charlotte, Michigan within the United States and in Eindhoven, the Netherlands.