Xometry entered into a strategic collaboration agreement with Siemens to embed its AI-driven manufacturing tools into Siemens design-to-manufacturing software. Siemens is investing approximately $50 million in Xometry by purchasing 1,049,759 shares of Class A common stock. The share price was determined by a 20-day volume-weighted average price (VWAP) ending May 5, 2026. The partnership aims to create a continuous digital thread from design to delivery, allowing engineers to access pricing and sourcing data instantly. Integration includes Xometry's Thomas network and Siemens' Supplyframe for comprehensive Bill of Materials (BOM) sourcing.