Shapeways Announces Transformative Software Releases

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May 03, 2023

Shapeways%2C+Inc. (NYSE: SHPW), a global leader in the large and fast growing digital manufacturing industry, announced today a significant milestone that accelerates the growth of its software tools and services offering with the release of their Orders and Transactions functionality via its MFG.com brand. The release of this suite of powerful new features enables Shapeways to increase customer acquisition, improve customer retention, and enhance customer lifetime value. These releases have led to record breaking SaaS sales growth in Q1 2023 which will convert to recognized revenue over the next 12 months.