Fast Radius went public via a SPAC merger with ECP Environmental Growth Opportunities in a $995m deal.

Fast Radius, a cloud manufacturing and digital supply chain company, went public via a SPAC merger with ECP Environmental Growth Opportunities in a $995m deal. A SPAC was formed by Energy Capital Partners Management. "We are building a first-of-its-kind Cloud Manufacturing Platform that is providing a new infrastructure to design, make and move physical things in the digital age. As the Platform expands, we believe cloud manufacturing will have as great an impact on driving innovation in the physical world as cloud computing has had in the digital world. The benefits from the software and hardware powering cloud manufacturing are tangible and significant – the cloud brings improved speed, flexibility, cost, and accessibility to industry 4.0, all while providing a more sustainable model for global supply chains," Lou Rassey, Fast Radius Co-Founder and CEO.