Tooling company SyBridge Technologies has reportedly acquired ‘most of the operating assets’ of Fast Radius Inc, which makes manufacturing software.

Fast Radius was founded in founded in 2017 and is based in Chicago, Illinois, USA. Its software that integrates design, production and fulfillment operations across a single digital platform, accordind to Sybridge. 

“Combining Fast Radius’ leading cloud manufacturing and artificial intelligence platform with our global design, prototyping and manufacturing network materially accelerates our vision of being a leading global industrial technology company,” said Byron J Paul, CEO of SyBridge Technologies. “We will be able to support our customers throughout their product lifecycle – from product design, engineering and prototyping through tool production, supportive molding, and finally preventative maintenance and repair.”