Burloak Technologies and MDA Partner for Additive Manufacturing for Satellite Applications

Burloak Technologies, Samuel, MDA | June 26, 2020

Burloak Technologies and MDA Partner for Additive Manufacturing for Satellite Applications
Burloak Technologies, a division of Samuel, Son & Co., Limited, and MDA today announced a five-year agreement to partner for additively manufactured parts and components for space-bound satellite antenna applications.

Under the terms of this agreement, Burloak and MDA will collaborate to optimize the design and manufacturability of a range of antenna technologies. The joint efforts accomplished to date by MDA and Burloak have led to an increased acceptance of additively manufactured parts for the harsh space environment, an outcome that is expected to yield significant benefits to both partners. 

"With challenging technological needs, it's important that we find the right partner to help us fully leverage the potential of additive manufacturing for space applications. We're confident Burloak Technologies is the ideal supplier to continue supporting our efforts," said Mike Greenley, Chief Executive Officer of MDA. "This collaboration is a perfect example of partnerships that MDA develops under its LaunchPad program."

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Most large enterprises struggle to digitize their complex legacy infrastructure. According the Jasmeet Singh, EVP and Global Head, Manufacturing, Infosys Ltd, the answer doesn’t lie in overhauling the entire infrastructure, but in identifying ways to connect siloed systems. This is the story of how we helped a large manufacturer connect 39 ERP systems, 12 B2B systems, 9 content management systems and 13 payment systems to eventually deliver better end-user experiences.

Spotlight

Most large enterprises struggle to digitize their complex legacy infrastructure. According the Jasmeet Singh, EVP and Global Head, Manufacturing, Infosys Ltd, the answer doesn’t lie in overhauling the entire infrastructure, but in identifying ways to connect siloed systems. This is the story of how we helped a large manufacturer connect 39 ERP systems, 12 B2B systems, 9 content management systems and 13 payment systems to eventually deliver better end-user experiences.

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Fathom Digital Manufacturing Has Completed Its Business Amalgamation with Altimar Acquisition Corp. II.

Fathom Digital Manufacturing | December 28, 2021

Fathom Digital Manufacturing Corp., a market leader in on-demand digital manufacturing services, stated today that the formerly announced business combination with Altimar Acquisition Corp. II ("Altimar"), a particular-purpose acquisition company, has been completed. The company’s merger was completed on December 23, 2021, following approval by Altimar's shareholders. Fathom was once a privately held portfolio company of CORE Industrial Partners ("CORE"), a Chicago-based private equity firm focusing on investing in and expanding middle-market manufacturing, industrial technology, and industrial services firms. The CORE will continue to be the merged business's major stakeholder. Fathom will remain managed by CEO Ryan Martin, Chief Financial Officer Mark Frost, Chief Commercial Officer Rich Stump, and Chairman of the Board TJ Chung, all of whom have extensive expertise in on-demand digital manufacturing services. Fathom provides a broad range of advanced manufacturing services through a differentiated technology-agnostic strategy that emphasizes speed, problem-solving, adaptive technical responsiveness, and manufacturing expertise, enabling businesses to iterate more quickly and shorten product development and production cycles. Additionally, Fathom helps companies consolidate and localize their supply chains due to the move to Industry 4.0, or industrial digitalization, creating enormous development prospects in the fragmented $25 billion low-to-medium volume manufacturing industry. By using its established business strategy, Fathom has obtained new business with significant innovative firms. This new business is helping to increase market penetration for its additive and traditional manufacturing technologies and boost its backlog of business. We are taking this step because we are a strong, profitable company, and believe our NYSE listing will accelerate Fathom’s growth, both organically and inorganically, by using our stock as a currency to advance our M&A strategy and investing in promising new technologies across the industry,” said Mr. Martin. “These new technologies will enable us to serve our target markets with greater efficiency and responsiveness than ever before. Our broad capabilities from rapid prototyping to low- to mid-volume production, proprietary software suite, engineering expertise and comprehensive support system are competitive advantages we expect will enable us to continue executing our strategic plan and deliver strong profitable growth. “Fathom offers an exciting new paradigm – fast, technologically sophisticated, flexible, and geared for rapid growth,This is an opportunity for us to increase our product offerings to better serve our clients and power their accelerating pace of new product development and manufacturing innovation while expanding both our geographic and strategic reach.” -Mr. Chung, Senior Partner at the CORE “With the completion of this transaction, Fathom has solidified its position at the forefront of the fast-growing on-demand digital manufacturing sector,The company’s unique on-demand platform and diverse offerings serve a broad variety of customers, ranging from the Fortune 500 to high-growth disruptive startups, and are perfectly suited to the challenges and opportunities facing manufacturers today. We are extremely proud of the incredible growth and innovation the Fathom team has achieved over the past three years since we initially partnered with the company, and we’re excited to remain Fathom’s largest investor. We are confident Fathom’s solid foundation will enable the company to achieve further success in the public markets.” -John May, Founder and Managing Partner of the CORE. *This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Multiple known and unknown risks, uncertainties, assumptions, and other critical variables, many of which are outside of Fathom's control, could cause actual results or outcomes to differ substantially from those mentioned in the forward-looking statements.

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