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Additional Context
The second half of July brought major developments across Asia’s additive manufacturing sector. Highlights included India’s first private orbital launch powered by 3D printed engines, a billion-yuan ownership change at a Chinese cold-spray AM specialist, Korea’s first certification for metal AM repair, and continued momentum in consumer hardware and footwear.
China
Chaozhuo Aviation Technology’s founders agree to sell control to Taiyang Technology for RMB 1.02 billion
Chaozhuo Aviation Technology (超卓航科), a Shanghai-listed supplier of cold-spray additive manufacturing and aviation repair services, announced that its founding family will transfer a 26.58% controlling stake to Shanghai Taiyang Technology for RMB 1.02 billion (about US$140 million). The July 22 agreement prices shares at RM