SolidWorld Group strengthens defense sector offering: contract manufacturing begins of military-aerospace components through advanced 3d printing

Treviso, January 7, 2025 – SolidWorld Group S.p.A., a company listed on the Euronext Growth Milan market (ticker S3D) and head of the Group leader in the sectors of industrial 3D design and printing technologies, 3D bio-manufacturing and latest generation machinery lines for photovoltaic panel production, announces its strengthened position in the internationally fast-growing defense business. This decisive step has been made possible by the building of an Italian hub of technological excellence that integrates advanced skills and cutting-edge technologies for the defense-aerospace sector.

This operation is the result of a series of strategic decisions taken during 2024, all of which focused on developing the Group’s production and technological capacity. The first step was the purchase in the middle of the year from Tecnologia & Design s.c.a.r.l.’s “digital factory” of a best-in-class 3D printing printer which can deliver customized solutions for even the most demanding industries. In October of the same year, SolidWorld made another strategic move with the acquisition of Due Pi Greco S.r.l., which specializes in the design, engineering and 3D printing of high-performance industrial components.

In December 2024, the Group decided to optimize and restructure its resources by leasing to Due Pi Greco the Tecnologia & Design business unit dedicated to 3D prototyping for the aerospace industry. This was a major shift in strategy, allowing advanced technologies to be concentrated in a single hub and production capacity to be developed in a focused and effective way.

The strategy culminates in the start-up of specific production for the aerospace and military sectors, thus strengthening the Group’s leadership in the Italian market and laying the groundwork for international growth.

This project highlights SolidWorld’s ongoing commitment to optimizing its technological expertise in strategic and crucial sectors, such as aerospace in the service of defense, supporting organizations and institutions in anticipating the needs of a market geared toward highly-advanced technological solutions. The initiative seeks to ensure security and competitiveness, further consolidating the Group’s position in key sectors for economic and social progress nationally and internationally.

This further development is part of a particularly dynamic market environment for which it has been predicted that defense spending globally will exceed USD 3.3 trillion by 2030 (source: SIPRI – Stockholm International Peace Research Institute).

Defense investment market data

The defense sector is experiencing unprecedented growth. In Italy, military spending is estimated to reach Euro 32 billion in 2025, increasing 12.4% on 2024 (source: Il Sole 24 Ore). This trend is driven by geopolitical factors and the need to modernize the armed forces with new technologies, including unmanned systems and artificial intelligence.

At European level, the defense market is expected to grow from USD 173.97 billion in 2024 to USD 223.48 billion by 2029, with a CAGR of 5.14% (source: Italian Industry). This expansion is fueled by increased government and private investment, supported by strong demand for security.

The sector continues to significantly expand globally. Global military spending reached an all-time high of USD 2,443 billion in 2024, with steady growth from previous years. The United States remains in top spot with a defense budget of USD 886 billion, while Europe has seen an unprecedented increase in military spending (up 14% on 2022). It is also estimated that the space market, which is closely related to the defense sector, continues to grow rapidly due to increased government and private investment (sources: AlixPartners, Industria Italiana).

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Sources:

1. Mediobanca – Defense Sector Report, November 2024
2. Italian Industry – “Defense and Aerospace Spending: projected growth to 2029”, December 2024
3. AlixPartners – Aerospace, Defense and Aviation Outlook 2024
4. SIPRI – Stockholm International Peace Research Institute, April 2024

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SolidWorld Group S.p.A. . is the parent of a group of 10 companies operating in the industrial, biomedical and solar areas founded in the early 2000s by engineer Roberto Rizzo. Listed since July 6, 2022 on the Euronext Growth Milan segment of Borsa Italiana (ticker S3D), the Group is a leading developer and integrator of the latest and most comprehensive digital 3D software and hardware for manufacturing companies, supporting and accelerating their journey to Industry 5.0. Thanks to SolidWorld, all stages of production – as far as sale and recycling – are integrated using technologies that make the production process faster and more sustainable and efficient. It operates through 16 offices and 3 technology hubs and has over 220 employees and more than 10,000 client enterprises. In 2023, the Group began mass production of Electrospider, a 3D bioprinter capable of reproducing human cell tissues and organs. The acquisition of Valore BF 3d S.r.l. was finalized in 2023, which SolidWorld saw acquire a new client base. In 2023 it completed the transfer of a technology business unit from Formula E S.r.l., a company of the Vismunda S.r.l. Group, a world leader in automation for equipment focusing on the renewable energy sector which enabled SolidWorld Group to enter the solar market. In the first half of 2024, the SolidWorld Group reported revenues of Euro 30.9 million, value of production of Euro 40.1 million, and EBITDA of Euro 6.3 million.. www.solidworldgroup.it

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