**Public Company Information:**
NASDAQ:
ADSK
SAN FRANCISCO—(BUSINESS WIRE)—Autodesk, Inc. (NASDAQ: ADSK) has recently announced plans to invest up to $100 million in 3D printing ventures over the coming years. This marks the creation of the Spark Investment Fund, a pioneering initiative within the 3D printing industry. Operated under Autodesk, this fund aims to support entrepreneurs, startups, and researchers who are pushing the boundaries of 3D printing technology and accelerating what many are calling the new industrial revolution.
Earlier this year, Autodesk unveiled Spark, an open-source and free* software platform designed to bridge digital information with 3D printers in innovative ways. Spark is built to be hardware-agnostic and adaptable to various materials, and the company is inviting the entire 3D printing community to collaborate, refine, and enhance both the platform and its associated Ember 3D printer.
Entrepreneurs and businesses working on cutting-edge hardware, software, materials, marketplaces, and maker spaces are encouraged to apply for inclusion in the Spark Investment Fund’s portfolio. Beyond financial backing, recipients will gain access to the Spark Partner Program, offering marketing resources and additional developer services. This unique blend of investment and partnership opportunities underscores Autodesk's commitment to fostering innovation and maturing the 3D printing ecosystem.
Samir Hanna, Vice President and General Manager of Consumer Products and 3D Printing at Autodesk, remarked, “The era of a closed, top-down approach to additive manufacturing is over. Many industries now recognize the importance of embracing fresh ideas and startups, and 3D printing is no different.†He continued, “With the Spark Investment Fund, we aim to empower creators while unlocking the vast potential of 3D printing.â€
For more details on the Spark Investment Fund or to apply as a candidate, visit spark.autodesk.com/fund.
**About Autodesk:**
Autodesk empowers individuals to envision, design, and create a better world. From professionals in fields like engineering and architecture to students and hobbyists, Autodesk’s tools inspire creativity and tackle critical challenges. To learn more, visit autodesk.com or follow @autodesk on social media.
*Note: Free products come with the standard end-user license and service agreements.
© 2014 Autodesk, Inc. All rights reserved.
**Safe Harbor Statement:**
This press release includes forward-looking statements that carry inherent risks and uncertainties. These include projections regarding Autodesk’s investment activities, the success of the Spark Investment Fund, anticipated benefits for participants, the timing of Spark’s availability, and broader market acceptance of 3D printing technologies. Based on current expectations, actual outcomes may differ significantly due to factors such as unanticipated expenses, market conditions, and performance issues. For further insights into these risks, refer to Autodesk’s filings with the SEC, including its Form 10-K for the fiscal year ending January 31, 2014, and subsequent quarterly reports. Autodesk assumes no obligation to update these forward-looking statements beyond their publication date.
Contact:
Autodesk, Inc.
Media Contact:
Angela Simoes, 415-547-2388
angela@autodesk.com
Investor Relations Contact:
David Gennarelli, 415-507-6033
david@autodesk.com
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In my opinion, this announcement signals a major shift in how traditional manufacturing industries embrace emerging technologies. By opening up the Spark platform and investing directly in innovators, Autodesk is setting a precedent for fostering collaboration across sectors. If you’re involved in 3D printing or know someone who is, this could be an incredible opportunity to get involved early.
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