Award-winning 3D printer manufacturer Robo 3D’s relaunch of its Robo 1+ 3D printer has exceeded expectations, driven by strong consumer demand for high quality entry level printers.
The relaunch of Robo 1+ 3D through Amazon during the December quarter netted revenue for Robo 3D of over A$750,000 for this period alone.
Robo 3D decided to relaunch the original Robo R1+ printer during September quarter 2017 due to rising demand for high quality entry level 3D printers as consumers adopt this new technology along with demand driven by key channel partner Amazon
The product was relaunched at the new price of US$499 following an extensive cost saving review. The first production units were completed in September 2017 and commenced selling in October 2017, through select online channels.
The Company has scheduled further production runs during the first half of 2018 to meet rapidly rising demand for its entry level 3D printer.
According to industry research group CONTEXT, the personal/desktop segment of the 3D printing industry showed year-on-year growth of over 65% through the first half of 2017.
Shares in Robo 3D were trading 11% higher at 5.1c in afternoon trading.
