(Alliance News) - SolidWorld Group Spa is a company that has invested the capital raised from the IPO last year and from the conversion of warrants this year in major investments: in the biomedical sector, patenting the world's first machine for the biofabrication of human tissue, and in the photovoltaic market, acquiring a major player in the sector for which we have specialized in the creation of production lines for new-generation, high-performance photovoltaic panels.

"This will lead to increased revenues and margins. Our goal is within 5 years to become a EUR200 million turnover company with high profitability precisely because of the technological differentiation we have in our sectors: industrial where we already have 10,000 clients, biomedical, and the energy sector," commented Roberto Rizzo, president, founder, and CEO of SolidWorld Group, who was met during the Next Gems event at the headquarters of Borsa Italiana in Milan, where Alliance News is a media partner.

3D technology is now indepensable in any company that makes product-a car, an airplane, a handbag-you have to design it by computer and optimize it. "Being a leader in the industry is a strength because Italy is the home of design and the country that has the widest range of product production, and we ourselves make all, beautiful and functional things," Rizzo added.

"Since 2017, what we have done is to take half of our profits and invest it in two new areas. And that is how we will go from EUR60 to EUR200 million in turnover."

In the short term, the company's interest is to consolidate-after the recent closing of the acquisition of Formula E and the BF 3D business-what has been done, make the acquisitions made productive, and then once everything is up and running it will proceed to new acquisitions, which is how the company has been able to grow.

By Claudia Cavaliere, Alliance News reporter

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