Like PRNTing Money: More Big Opportunities for this 3D Printing ETF

Emerging from the shadows of other disruptive technologies, 3D printing is proving pivotal to an array of applications and end markets, highlighting long-term potential for the 3D Printing ETF (CBOE: PRNT).

Passively managed PRNT offers leverage to that department as its benchmark “is composed of equity securities and depositary receipts of exchange-listed companies from the U.S., non-U.S. developed markets and Taiwan that are engaged in 3D printing-related businesses within the following business lines: (i) 3D printing hardware, (ii) computer-aided design (“CAD”) and 3D printing simulation software, (iii) 3D printing centers, (iv) scanning and measurement, and (v) 3D printing materials,” according to Ark.

What bodes well for PRNT over the long haul is the sheer number of industries and markets where 3D printing is relevant. That includes governments and military use.

“Fitting soldiers with biological monitoring devices might sound like something right out of Cyberpunk 2077, but using 3D printing, the US Army is fast-tracking the technology into 2020,” reports 3D Printing Industry. “The ARL has developed novel multipurpose biosensors that, as well as physiologically tracking troops, have the potential to provide them with an enhanced awareness of situational threats in the field.”

PRNT Going Mainstream

PRNT debuted nearly three years ago as the first US-listed ETF dedicated to the 3D printing theme. The fund is one of two passively managed products from New York-based Ark Investment Management. ARK believes 3D printing will revolutionize manufacturing by collapsing the time between design and production, reducing costs, and enabling greater design complexity, accuracy, and customization than traditional manufacturing.

Once again, military use could be fertile ground for technologies purveyed by some PRNT components.

PRNT YTD Performance

“As modern warfare becomes ever more advanced, the US Army has increasingly developed methods of protecting its personnel from the spectre of biological weapons,” notes 3D Printing Industry. “Utilizing the ARL team’s 3D printed sensors, it could now be possible to detect weaponized toxins, bacteria or viruses on the battlefield, providing soldiers with the maximum possible chances of survival.”

3D printing is a disruptive technology, but it’s also becoming more mainstream. That bodes well for increased global access to its possibilities.

For more on disruptive technologies, visit our Disruptive Technology Channel.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.