Stratasys, a global leader in applied additive technology (3D printing) solutions, announced that it is forming a spin-off company to be based in located in Belton, TX. Stratasys' clients encompass a diverse set of industries including aerospace, automotive, healthcare, consumer products and education. A result of Stratasys' incubation activities, Vulcan Labs, Inc., aims to develop production-focused solutions based on Powder Bed Fusion technology, which will will assist in increased build efficiency, quality verification, and factory floor integration.
Reuters reported that the partners, Texas-based Noble Energy and Israel's Delek Drilling, operating in the Tamar and Leviathan natural gas site off Israel's coast are in talks to buy the rights to use the East Mediterranean Gas (EMG) pipeline to supply gas to customers in Egypt. Delek said there was no certainty a binding agreement would be signed. Just last month, Egyptian company Dolphinus Holdings said it would buy $15 billion of Israeli natural gas in two 10-year agreements from Leviathan and Tamar.