Fast Radius, Inc.

Fast Radius, Inc.

FSRD
Fast Radius, Inc.US flagNASDAQ Global Market
0.14
USD
-0.07
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Full Time Employees
325
Sector
Technology
Industry
Software - Infrastructure
Address
113 North May Street Chicago IL United States of America 60607
IPO Date
Apr 6, 2021
Business
Fast Radius, Inc. Fast Radius, Inc. (Nasdaq: FSRD) operates as a cloud manufacturing and digital supply chain company, offering a Cloud Manufacturing Platform that enables engineers, product developers, and supply chain professionals to design, produce, and fulfill parts through an integrated digital infrastructure; its core services encompass application discovery, product design and testing, production-grade manufacturing via additive manufacturing including Carbon Digital Light Synthesis, HP Multi Jet Fusion, Stratasys Fused Deposition Modeling, and Formlabs Stereolithography, alongside CNC machining, injection molding, urethane casting, and sheet metal fabrication, as well as global fulfillment capabilities. The company manufactures industrial-grade metal and plastic parts serving industries such as consumer goods, medical devices, automotive, aerospace, industrial equipment, and electronics, with target customers including OEMs and contract manufacturers; it maintains facilities in Chicago, Illinois as its headquarters founded in 2017 through a UPS partnership, Atlanta, Georgia, Louisville, Kentucky at the UPS Worldport, and Singapore, leveraging a network of micro-factories and third-party suppliers for scalable on-demand production. In late 2022, Fast Radius filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware following financial challenges post its SPAC merger with ECP Environmental Growth Opportunities, culminating in the court-approved acquisition of most operating assets including its digital manufacturing and software business by SyBridge Technologies for approximately $15.9 to $17 million, with SyBridge assuming liabilities and extending employment offers to a majority of the roughly 132 employees at the time, allowing Fast Radius to continue under the Fast Radius brand as part of SyBridge Digital Solutions amid ongoing restructuring. SyBridge Technologies, a global provider of precision tooling and injection molding solutions with over 50 years of experience across 17 locations in five countries, integrates Fast Radius's additive and digital capabilities into its full-lifecycle services spanning design, pre-production and production tooling, validation, and post-production support for sectors including medical, consumer packaging, personal care, automotive, and industrial applications, enhancing SyBridge's position as North America's second-largest moldmaker.

Company News

APIChat
  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation into Fast Radius Inc.

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Initiates Investigation into Fast Radius Inc.

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation into Fast Radius Inc.

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into Fast Radius Inc.

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Informs Shareholders of an Investigation into Fast Radius Inc

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation into Fast Radius Inc.

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Informs Shareholders of an Investigation into Fast Radius Inc.

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Informs Shareholders of an Investigation into Fast Radius Inc.

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation into Fast Radius Inc.

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Informs Shareholders of an Investigation into Fast Radius Inc

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation into Fast Radius Inc

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Informs Shareholders of an Investigation into Fast Radius Inc.

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  • Fast Radius Sets First Quarter 2022 Earnings Call for Thursday, May 12, 2022 at 9:00 a.m. ET

  • Fast Radius, Inc.'s (FSRD) CEO Lou Rassey on Q4 2021 Results - Earnings Call Transcript