Voxeljet (VJET) began trading on the NYSE on 18 October 2013

Voxeljet Celebrates IPO at NYSE (4 photos) German technology company Voxeljet (NYSE:VJET) began trading on the NYSE today, and executives celebrated the IPO on the Trading Floor. Voxeljet provides three-dimensional (3D) printers and on-demand parts services.

Revenue  $11.25M
Net Income  $273,849
2012 Sales Growth  10.8%
Employees  87

CEO Ingo Ederer and CFO Rudolf Franz of Voxeljet visit the New York Stock Exchange to celebrate the company's IPO on October 18, 2013 in New York City.

Voxeljet produces large-format 3D printing machines and on-demand parts services, which are sold to customers in automotive, aerospace, film, entertainment, art, architecture, engineering and consumer product sectors.

In February, 3D printer maker ExOne (XONE) launched at $18 a share, closed its first day at 26.52 and was trading near 54.30 Friday afternoon, up 2.5%.

The only other publicly traded 3D printer makers have also had top-performing stocks, as the manufacturing technology is fast gaining steam in business and even consumer markets. The largest, 3D Systems (DDD), was up 1% near 57, and is up more than 60% for the year. Stratasys (SSYS) stock was up 2% near 112, and it's up 40% in 2013.

In its IPO filings, Voxeljet said it has a global installed base of 52 printers. It said 2012 revenue rose 20% to 8.7 million euros, or $11.3 million. It said profit rose 393% to 212,000 euros, or $276,000.

In the first six months of the year ended June 30, Voxeljet reported revenue of 4.4 million euros ($5.8 million), down 3.5% from the year-earlier period. In that span, it said it swung to a loss of 376,000 euros ($489,000) from a profit of 319,000 euros.

Voxeljet plans to use the funds from the offering to expand its on-demand parts service center in Europe and build new on-demand parts service centers in North America and Asia. The company also expects to boost its R&D and marketing efforts and set some of the cash aside for acquisitions.