PRETTY FLAT DOWN TO TENTHS OF
A PERCENT AS THE SPACE RACE
HEATS UP COMPANIES LIKE SPACE X
ARE INCREASINGLY RELYING ON 3 D
PRINTING FOR CRITICAL ENGINE
PARTS THAT ARE KEY TO
SUCCESSFUL LAUNCHES BELLO 3 D
DOES JUST THAT AND TODAY
THEY'RE MAKING THEIR DEBUT ON
THE NEW YEAR STOCK EXCHANGE
THREW
US BACK BUSINESS COMBINATION
WITH JOBS. SPITFIRE A VENTURE
BACKED BY TENNIS LEGEND THE
GOAT
SERENA WILLIAMS JOINING US NOW
BENNY
BOWLER FOUNDER AND CEO LOW 3 D
BENNY WELCOME TO THE SHOW
CONGRATULATIONS
ON GOING. WHY GO PUBLIC THROUGH
US BACK WHY WAS NOW THE RIGHT
TIME.
>> AND OUR CUSTOMERS ARE YOU
MENTION SPACE X AND OTHERS.
THERE ARE
AND THEIR ARGUMENT AND NOT
ACKNOWLEDGE IT AND IT'S
IMPORTANT FOR THEM TO SEE THAT
THERE MAJOR AND
STABLE PARTNERS WITH WHICH THEY
CAN BUILD THOSE YOUR CHOICE SO
A GOOD BALANCE SHEET STRONGMEN
AND SHIP WITH JAPAN AND A LARGE
CASH IN THE BANK AND A VERY
LONG RUNWAY. AND THE ABILITY TO
SPEND IT IS GOING TO FOR MANY
OF THOSE CUSTOMERS TO PUT THE
FUTURE
>> ONE OF YOUR BIGGEST CLIENTS
OF COURSE IS SPACE X THEY
PREVIOUSLY TRIED TO ACQUIRE
VELO
3 D I'M CURIOUS WHY TO DEAL
FELL THROUGH IS IT BECAUSE YOU
GUYS WANT TO GO PUBLIC ON YOUR
OWN INSTEAD.
>> YOU KNOW THE SPACE X HAS
BEEN THERE FOR SOME PLASTIC
FATHER FOR YOU KNOW
THAT AS WHEN WHEN YOU LOOK
VELEZ REALLY AND WHAT WE'RE
TRYING TO DO AND HOW TO CLOSE
IT HAS IMPLICATIONS IN
MANY MANY BESIDES SPACE
YOU KNOW EVERY NATION AND AN
ENERGY AND
IN SEMICONDUCTOR. REALLY
COMPANIES IN ALL THOSE PLACES
TO INNOVATE IN A MUCH MORE
DESTRUCTIVE WAY. AND WE FELT
THAT IT UPON US TO BRING THIS
TO CLOSURE TO ALL THOSE
INDUSTRIES AND WE WILL CONTINUE
TO BE A CAN COMMIT THAT SUPPLY
OF THE
SPACE X. WE THOUGHT THAT IT
WOULD BE MUCH MORE BENEFICIAL
IF WE WILL KEEP IT AND THEN THE
COMPANY AND
BRINGING THIS TO A MUCH FROM
THE U.S..
>> MANY TELL US ABOUT YOUR
TECHNOLOGY AND I DO WANT TO ASK
ABOUT ONE OF YOUR FLAGSHIP
PRODUCTS THE SAPPHIRE XC
PRINTER WHAT KIND OF PARTS CAN
IT PRINT AND HOW QUICKLY CAN
THEY BE PRODUCED.
>> YEAH SO.
THE PUNCH WILL TYPICALLY THAT
KIND OF HIGH VALUE PRODUCTS
THERE ARE VERY LARGE
GENERALLY POUNDS.
THAT THAT WOULD OTHERWISE TAKE
TYPICALLY MONTH, IT'S SOMETIMES
CALLED OTHERS HAVE
TO PRODUCE IN USING 3 DIFFERENT
THINK DIFFICULT TIME TO PUT THE
U.S. THOSE PUNCHES.
2 TO 4 DAYS. THAT'S KIND OF THE
TYPICAL PRODUCTION TIME BUT FAR
EXCEED STILL US A FIRE. IT SAID
BUILT AS
A SCALLOP THAT'S A FAR LESS
FARM ALLOWING CUSTOMERS TO
DEVELOP THE
SET FIRE. BUT THEN AS THEY
GO TO PRODUCTION INSTEAD OF
BUYING A NUMBER OF STUFF OUT
THEY CAN BUY ONE SO FAR EXCEED
GIVING THEM MUCH MORE ECONOMY
OF SCALE ALLOWING THEM ABOUT 3
TIMES BUT OUR ECONOMIC SYSTEM
COSTS COMPELLED TO PRODUCING
THAT WAS SO FAR.
>> LIKE WE MENTIONED SPACE X IS
ONE OF YOUR MAJOR CLIENTS WHO
ELSE YOU WORK WITH BENNY WHAT
SORT OF PARTS TO THEY RELY ON.
>> WE HAVE BEEN WORKING
HONEYWELL. AND LOOK AT
>> MOST COMPANIES THAT ARE
ESTABLISHED INVEST FACES AS
WELL AS MOTION
AND COMPANIES. I MENTIONED THAT
THE NATION THAT OUR GENERATION
AND A J
AND THOSE ARE THE INDUSTRY IS
WE'RE SUPPORTING.
>> YOU SAID THAT YOU ANTICIPATE
THAT 3 D METAL PART
PRINTING WOULD BECOME A
35 BILLION DOLLAR MARKET WITHIN
THE NEXT DECADE. HOW MUCH OF
THAT MARKET ARE YOU AIMING TO
CAPTURE.
>> THIS IS A VERY LARGE MARKET
THE MARKET THAT WE ARE
ACTUALLY AND AND ADDRESSING IS
A SUBSET OF THAT MUCH BEING A
MARKET THE MARKET OF HAIFA AT
THE BOX THIS IS ABOUT A
100 BILLION
DOLLAR MARKET THAT WOULD GROW
TO ALMOST 200 BILLION BY THE
END OF THE DECADE AND ALL OF
THIS MARKET WE IT BE A MAKE THE
CAPTURE OF 20 BILLION DOLLAR BY
THE END OF THAT AND THEY COULD.
>> ANY PLANS TO WORK WITH OTHER
SPACE FLIGHT COMPANY'S BOARD
JEN BOEING ROCKET LAB'S MOVING
FORWARD. A LITTLE BIT ABOUT ALL
OF THE ABOVE.
>> WE HOPE YOU COME BACK TO
TALK ABOUT THAT BEFORE I LET
YOU GO WHAT'S YOUR OUTLOOK ON
GROWTH AT THIS.
>> SPACE RACE CONTINUES TO
EVOLVE AND JUST GROW.
>> SO I THINK THE ONE OF THE
THINGS THAT HAS BEEN A UNIQUE
ABOUT SPACE IS.
SPACE
HAS BEEN TRYING TO STREAM INTO
PRETTY EARLY IN THE LAST FEW
YEARS IT AND IF YOU LOOK AT THE
PRIVATE SPACE RACE.
RACE HAS BEEN ENABLED BY 3 D
PRINTING 3 D PRINTING OF THE
ENGINES HAS
IT REDUCED THE VERY OFTEN TREE
AND LOUD VERY INNOVATIVE
COMPANIES USING VERY LITTLE
RESOURCES TO BUT COME UP WAS
VERY INTERESTING AND INNOVATIVE
FOR THAT. I THINK WE'RE GOING
TO SEE SIMILAR DISRUPTIONS
THAT TIME ABLE TO EMPOWER AT
THE INTERSECTION IN OTHER AND
THE INDUSTRIES WHERE
THIS IS AND
AS THE NATION OR A HYDROGEN
ECONOMY OR SEMICONDUCTORS OR
WITH A CAPITAL EQUIPMENT WILL
SEE ALL
THOSE INDUSTRIES AND YOU KNOW
INNOVATIONS THAT ARE AS SPOTTED
BY A THE ACTOR IN A PLAY AND
TOOK FROM
YOU KNOW COMPANIES AND TO
DISRUPT AND IT DIDN'T
TAKE PLACE.
>> AND HOW DO YOU THINK THE
PRIVATE SPACE RACE SPECIFICALLY
WILL CONTINUE TO GROW.
>> I THINK THIS SOMETHING
THAT IS REALLY LIKES TO TELL
YOU WHY SPIRIT AS
I HAVE
THAT MY PREVIOUS AND TV
INTERVIEW
USING STARLING IT'S HAS BEEN A
FANTASTIC QUALITY FROM IT WILL
COME TO A LOOK HOW THAT
PREVIOUSLY IT WOULD BE
UNTHINKABLE. AND SO I THINK
THAT WE WOULD LIKE TO SEE AS
SATELLITE INTELLECT.
MAJOR DRIVING FORCE BEHIND THE
ECONOMY OF SPACE IN ADDITIONAL
TO AND I THINK
BEYOND THAT THERE WILL BE OTHER
APPLICATIONS BUT I THINK THAT
THE REDUCTION OFF LAUNCH COSTS.
FUELED
BY A OFFICIALS HERE BECAUSE AS
WELL AS THE USE OF ANYTHING AND
COMPETITION IN
THIS SPACE IS GOING TO DRI