Xometry, Inc.

Xometry, Inc. announced the launch of the Xometry Foundation, an initiative dedicated to supporting STEM and manufacturing training programs. The company has committed $1 million per year to scholarships, grants, and hands-on engineering programs, aiming to develop the next generation of talent. The Foundation has partnered with organizations such as the ASME Foundation, SAE Foundation, U.S. Space & Rocket Center, and KID Museum to expand its reach and impact. Additionally, workforce development initiatives are set to launch later this year.

Xometry, Inc. amended employment agreements for its new Chief Executive Officer, Sanjeev Singh Sahni, and Executive Chair, Randolph Altschuler, effective July 1, 2026. Mr. Sahni's annual base salary will increase to $600,000, and he will receive a $3.6 million RSU award and a $400,000 one-time cash bonus. Mr. Altschuler's annual base salary will decrease to $400,000, reflecting his transition to Executive Chair.

Xometry, Inc. announced new capabilities for its injection molding customers, focusing on enhanced accuracy, design confidence, and speed. The company expanded its auto-quotable materials catalog to include several new polymers like glass-filled Nylon and PBT. Additionally, customers can now schedule free on-demand Design for Manufacturability (DFM) consultations with manufacturing experts directly on the platform. A new one-click reordering feature simplifies the process for injection molded parts, automatically routing orders to the original supplier.

Xometry, Inc. entered into an underwriting agreement for a public offering of 2,647,059 shares of its Class A common stock at a public offering price of $85.00 per share. The company estimates net proceeds from the offering will be approximately $215.2 million. The closing of the offering is expected to occur on June 3, 2026, subject to customary conditions, and underwriters have a 30-day option to purchase up to 397,058 additional shares.

Xometry, Inc. announced the pricing of an underwritten public offering of 2,647,059 shares of its Class A common stock at $85.00 per share, aiming for total gross proceeds of approximately $225.0 million. The company has also granted underwriters a 30-day option to purchase up to an additional 397,058 shares. All shares are being offered by Xometry, with the net proceeds intended for working capital and general corporate purposes.

Xometry, Inc. announced the commencement of an underwritten public offering for $225.0 million of its Class A common stock. The company expects to grant the underwriters a 30-day option to purchase an additional $33.75 million in shares. All shares are being offered by Xometry, with the net proceeds intended for working capital and general corporate purposes. J.P. Morgan and Goldman Sachs & Co. LLC are serving as joint book-running managers for the offering.

Xometry, Inc. announced the appointment of Lukas Biewald, co-founder of Weights & Biases and SVP, AI Initiatives at CoreWeave, Inc., to its Board of Directors, effective May 20, 2026. Mr. Biewald will serve as a Class I director and join the Nominating and Corporate Governance Committee. His compensation package includes an initial restricted stock unit (RSU) award valued at $380,000, a prorated annual RSU award of $116,375 for 2026, and annual cash retainers totaling $55,000. The company highlighted Mr. Biewald's extensive experience in building AI platforms as a strategic asset for scaling Xometry's AI-powered manufacturing marketplace.

Xometry, Inc. announced the appointment of Lukas Biewald, co-founder and former CEO of Weights & Biases and current SVP, AI Initiatives at CoreWeave, Inc., to its Board of Directors. Biewald brings extensive experience in building AI platforms and scaling AI technologies, which aligns with Xometry's focus on digitizing the manufacturing industry through AI. His appointment comes as Xometry continues to launch new AI capabilities, such as personalized pricing and design-for-manufacturability intelligence, to enhance its autonomous procurement experience.

Xometry, Inc. is addressing critical bottlenecks in the data center industry by providing scalable, precision-machined, and molded components. The company highlights the unprecedented demand for custom-engineered components, driven by an expected doubling of global data center capacity by 2030 and nearly $3 trillion in infrastructure investment. Xometry, which already works with hundreds of data center OEMs, is uniquely positioned to meet this demand through its global supplier network and over 20 manufacturing processes.

Xometry, Inc. reported strong financial performance for the first quarter of 2026, with revenue increasing by 35.8% to $205.1 million compared to $151.0 million in the prior year. The company significantly narrowed its net loss attributable to common stockholders to $5.3 million, or $(0.10) per share, a substantial improvement from a $15.1 million net loss, or $(0.30) per share, in Q1 2025. This positive trend was further supported by a shift to $14.6 million in net cash provided by operating activities, reversing a $3.7 million outflow in the same period last year.