Puget Technologies announced an updated memorandum of understanding (MOU) was signed with Weistek. The MOU is part of an ongoing collaboration to intensify domestic market distribution and services. It outlines additional terms between the two firms specific to the joint effort to develop new product and software enhancements to improve the consumer experience, including sales and support channels.

This step furthers Puget's plan to enter the U.S. 3D printer market in the coming fiscal quarter with an affordable high performance printer and related production parts. The terms of the agreement are not being disclosed at this time. Improvements to the printer and related software are expected to near completion in the coming months.

New features will include an enhanced "out-of-box experience" for all categories of consumers.