CHICAGO, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing company, today announced the successful closing of its previously announced business combination with ECP Environmental Growth Opportunities Corp. (NASDAQ:ENNV) ("ENNV"), a special purpose acquisition company. The combined company has been renamed "Fast Radius, Inc." and will be led by Fast Radius' existing management team. Fast Radius shares of common stock and public warrants are expected to begin trading on Monday, February 7, 2022, on Nasdaq under the ticker symbols "FSRD" and "FSRD.WS," respectively. The transaction, and the various proposals giving effect thereto, were approved by the

CHICAGO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing company, today announced the launch of its Early Access Program. The program includes a select group of manufacturing companies who receive early access to Fast Radius software and the ability to use pre-release features that allow their teams better collaboration on design and manufacturing processes. Program participants provide feedback on features and functionality to help guide future software development, a critical component of the Fast Radius Cloud Manufacturing PlatformSM. The Fast Radius Cloud Manufacturing Platform is a new approach to manufacturing. As part of Fast Radius' Platf

SUMMIT, N.J., Jan. 31, 2022 /PRNewswire/ -- ECP Environmental Growth Opportunities Corp. (NASDAQ:ENNV), a Delaware corporation ("ENNV"), today announced that it had entered into an amendment (the "Amendment") to the merger agreement relating to its previously announced business combination with Fast Radius, Inc., a Delaware corporation ("Fast Radius"). Pursuant to the Amendment, the parties agreed to, among other things, reduce the base purchase price from $1.0 billion to $750 million. As a result of the Amendment, ENNV will issue up to 75,000,000 newly issued shares of Class A Common Stock, par value $0.0001 per share, of ENNV ("ENNV Class A common stock") in connection with the business co

SUMMIT, N.J., Jan. 13, 2022 /PRNewswire/ -- ECP Environmental Growth Opportunities Corp., a Delaware corporation ("ENNV"), announced that the virtual stockholder meeting to approve the previously announced business combination with Fast Radius, Inc., a Delaware corporation ("Fast Radius"), has been set for Monday, January 31, 2022 at 9:00 a.m. Eastern Time. Holders of record of ENNV common stock at the close of business on January 5, 2022 will be entitled to vote at the virtual meeting to approve the proposed business combination and may cast their vote electronically by visiting www.virtualshareholdermeeting.com/ENNV2022SM. If you hold your shares through a bank or broker, then you should r

CHICAGO, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), today announced the opening of its newest manufacturing technology campus on Goose Island in Chicago, including a microfactory and software technology center. In 2018, the World Economic Forum (WEF) recognized Fast Radius' first Chicago microfactory as one of the nine best factories in the world, implementing technologies of the Fourth Industrial Revolution at scale—from design to manufacturing to fulfillment. The Goose Island facility replicates the award-winning microfactory operating model. It will offer cutting-edge CNC machining and industrial additive manufacturing (3D printing), including Carbon Digital L

CHICAGO, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing and digital supply chain company, has been invited to present at the 24th Annual Needham Growth Conference, which is being held virtually January 10-14, 2022. Fast Radius management is scheduled to present on Friday, January 14th at 2:45 p.m. Eastern time, with one-on-one meetings held throughout the day. The presentation will be webcast live and will be available to replay here and on the investor relations section of Fast Radius' website. To receive additional information or to schedule a one-on-one meeting, please contact your conference representative or Fast Radius' investor relation

CHICAGO, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing and digital supply chain company, today announced four nominees to the board of directors (the "Board") of ECP Environmental Growth Opportunities Corp. (NASDAQ:ENNV) ("ENNV"), a publicly-traded special purpose acquisition company, in anticipation of the previously announced proposed business combination between Fast Radius and ENNV. The Board nominees will serve on the Board of the combined company following the consummation of the business combination, subject to ENNV stockholder approval. The business combination is expected to be completed in the first quarter of 2022. The following indi

CHICAGO, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing and digital supply chain company, has announced that its Custom Microfactory Solution is now available to all manufacturers. The solution allows companies to partner with Fast Radius to design and stand up advanced microfactories. Each factory is designed to meet a customer's specific component manufacturing and technology needs, along with giving them access to proprietary software tools that provide visibility and insight into factory and supply chain operations. Microfactories require low capital expenditure and provide a smaller carbon footprint than traditional megafactories, givin

CHICAGO, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing and digital supply chain company, today announced it will host a virtual Investor Day to support its previously announced business combination (the "Business Combination") with ECP Environmental Growth Opportunities Corp. (NASDAQ:ENNV) ("ECP"). The event will be held on Tuesday, December 14, 2021, 1:00-2:30p.m. Eastern Time. Fast Radius' management team will present the company's recent financial results, as well as provide an update on recent business developments, growth strategies and product roadmap. Attendees will also have the opportunity to participate in a live Q&A session with th

CHICAGO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), a digital manufacturing and supply chain company, is working with Axial3D, an automated software company helping physicians visualize patient anatomy, to produce intricate surgical models. Leveraging Fast Radius' Cloud Manufacturing Platform™, Axial3D is creating customized 3D-printed models to improve surgical planning and patient outcomes. Axial3D's AI-enabled software allows physicians to transform two-dimensional medical images of a patient's anatomy into 3D-printed models. Fifty-three percent of physicians change their surgical plans when using one of Axial3D's personalized models, resulting in surgery ti