Desktop Metal to go public via reverse merger with a SPAC

Burlington-based Desktop Metal Inc. is the latest Massachusetts company to go public this year thanks to an accelerated procedure called a reverse merger.Not including more than a dozen life sciences IPOs this year, Desktop Metal is the fourth Massachusetts company to go public this year. Non-biotech companies that went public this year include daily fantasy sports betting company DraftKings Inc. (Nasdaq: DKNG) which also went public via a reverse merger, Duck Creek Technologies (Nasdaq: DCT) and Amwell.The 3-D printing company announced Wednesday it will become a publicly traded company through a merger deal with a special purpose acquisition company, or SPAC. In a release, Desktop Metal said early Wednesday it had signed a merger agreement with Trine Acquisition Corp. (NYS

Source: Desktop Metal to go public via reverse merger with a SPAC – Boston Business Journal

Startup Power Hydrant tests robotics for EV charging

Even as electric vehicle technology transforms the industry, most EV chargers still bear a strange likeness to the traditional internal-combustion world, plugging into a port on the car just like an old-fashioned gas pump nozzle.

Source: Startup Power Hydrant tests robotics for EV charging

Lockheed Scales Back F-35 Program

Lockheed Martin is making significant scheduling changes to hold on to employees while dealing with supplier delays impacting the F-35 program as a result of the COVID-19 pandemic.

Source: Lockheed Scales Back F-35 Program | Manufacturing.net

5 Reasons to Buy Directly from Manufacturers Online 

Whether a buyer wants to eliminate the middleman, have more direct interactions with product makers, get better pricing or gain access to high inventory Read More

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