3DEO, Inc., headquartered in Torrance, California, USA, has entered an insolvency process under California law, with substantially all of the company’s intellectual property assets, together with its remaining production machinery and equipment, being offered for sale by Insolvency Services Group, acting as assignee for the benefit of creditors.
According to auction documents issued by Insolvency Services Group, 3DEO has made an Assignment for the Benefit of Creditors (ABC), a California insolvency procedure under which a company’s assets are transferred to an independent assignee for sale, with the proceeds distributed to creditors.
The sale includes substantially all of 3DEO’s intellectual property assets, comprising a portfolio of nineteen issued patents and ten pending patent applications, together with trade secrets, engineering and process documentation, software and control systems, and the company’s brands, trademarks and domain names. The intellectual property, along with directly related proprietary machinery and equipment, is being offered as a single lot through a stalking-horse sale process.
The sale also includes the company’s remaining production machinery and equipment, which will be offered through a timed online auction. Brian Testo Associates (BTA) is marketing both the intellectual property offering and the machinery sale, with the timed online machinery auction conducted through the BidSpotter online auction platform.
According to the auction notice, the assets include metal Additive Manufacturing machines, debinding and sintering furnaces, CNC equipment, metal powder handling systems, inspection and metrology equipment, and laboratory tooling and support equipment. BTA has also made catalogues, photographs and additional information on both the intellectual property offering and the machinery sale available to prospective bidders.
The intellectual property sale has a bid deadline of August 5, 2026, with a live auction scheduled for August 7 should a qualifying overbid be received. The machinery auction is scheduled to open on July 15 and close on August 11.
Founded in 2016, 3DEO developed its proprietary ‘Intelligent Layering’ metal Additive Manufacturing process and operated as a contract manufacturer rather than selling AM equipment. According to the company, the technology combines metal powder deposition, binder application, precision machining and sintering to produce high-volume metal components for applications including the medical, aerospace, industrial and semiconductor sectors.
During 2024, 3DEO announced strategic investments from the Development Bank of Japan, Seiko Epson Corporation, IHI Aerospace and Mizuho Bank.
No public statement has been issued by either 3DEO or Insolvency Services Group explaining the reasons for the insolvency. As the Assignment for the Benefit of Creditors is a California state-law process rather than a federal bankruptcy proceeding, detailed financial information has not been made publicly available.
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