Fast Radius, Inc.
FSRDW
NASDAQ Global Market0.01
USD
- -
- -
CIK
0001832351
Return %
Stock
S&P500
1Y
-79.49
26.53
3Y
-98.57
76.60
5Y
-98.57
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Full Time Employees
- 303
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 113 North May Street Chicago IL United States of America 60607
- IPO Date
- Feb 7, 2022
- CIK
- 0001832351
- Website
- fastradius.com
- Similar Companies
- Business
- Fast Radius, Inc. is a digital manufacturing company specializing in industrial-grade metal and plastic parts production through additive manufacturing and traditional manufacturing technologies. Its core products and services include additive manufacturing using Carbon Digital Light Synthesis™, HP Multi Jet Fusion, Stratasys Fused Deposition Modeling, and Formlabs Stereolithography; CNC machining; injection molding; urethane casting; sheet metal fabrication; product design and testing; application discovery; global fulfillment; and prototyping and automation services. The company operates manufacturing facilities and microfactories in Chicago, Atlanta, Louisville, and Singapore, serving industries such as consumer goods, medical devices, automotive, aerospace, industrial equipment, and electronics. Founded in 2017 with headquarters in Chicago, Fast Radius provides cloud-connected manufacturing capabilities and a virtual warehouse for digital designs and product specifications. In the last two years, Fast Radius underwent significant corporate changes including a public listing via a 2022 SPAC merger with ECP Environmental Growth Opportunities Corp., enabling it to raise gross proceeds of $106 million despite initial expectations of higher fundraising. However, the company faced liquidity challenges leading to a Chapter 11 bankruptcy filing in late 2022. Subsequently, Fast Radius' assets were acquired by SyBridge Technologies through a Section 363 asset sale. Under SyBridge, Fast Radius continues to build its digital manufacturing and software business, retaining its brand name and expanding its capabilities through integration with SyBridge’s platform to enhance prototyping, additive manufacturing, and product lifecycle support. Fast Radius targets industrial and commercial customers requiring flexible, on-demand manufacturing capacity with quick turnaround times, leveraging advanced manufacturing technologies and a global supply chain network. The company aims to enable scalable production solutions from prototyping to mass production by utilizing its network of microfactories and third-party suppliers. This strategic positioning supports its vision to be a leader in cloud manufacturing and digital supply chain innovation. Overall, Fast Radius stands as a technology-driven contract manufacturer offering comprehensive digital and traditional manufacturing services worldwide, maintaining a strong presence in North America and Asia, with recent strategic repositioning under new ownership to fuel growth in industrial additive manufacturing and software-enabled production solutions.