P-50

Ellomay Capital Reports Results for the Three and Six Months Ended June 30, 2023

Retrieved on: 
Thursday, September 28, 2023

Revenues were approximately €25.5 million for the six months ended June 30, 2023, compared to approximately €29.2 million for the six months ended June 30, 2022.

Key Points: 
  • Revenues were approximately €25.5 million for the six months ended June 30, 2023, compared to approximately €29.2 million for the six months ended June 30, 2022.
  • Operating expenses were approximately €12 million for the six months ended June 30, 2023, compared to approximately €13.1 million for the six months ended June 30, 2022.
  • General and administrative expenses were approximately €2.9 million for the six months ended June 30, 2023, compared to approximately €3.3 million for the six months ended June 30, 2022.
  • Profit for the six months ended June 30, 2023, was approximately €4.6 million, compared to a loss of approximately €0.6 million for the six months ended June 30, 2022.

Ellomay Capital Reports Results for the Three Months Ended March 31, 2023

Retrieved on: 
Thursday, June 29, 2023

Operating expenses were approximately €6.5 million for the three months ended March 31, 2023, compared to approximately €6 million for the three months ended March 31, 2022.

Key Points: 
  • Operating expenses were approximately €6.5 million for the three months ended March 31, 2023, compared to approximately €6 million for the three months ended March 31, 2022.
  • Depreciation expenses were approximately €4.1 million for the three months ended March 31, 2023, compared to approximately €4 million for the three months ended March 31, 2022.
  • Net profit was approximately €2.8 million for the three months ended March 31, 2023, compared to net loss of approximately €3.4 million for the three months ended March 31, 2022.
  • EBITDA was approximately €3.6 million for the three months ended March 31, 2023, compared to approximately €3.8 million for the three months ended March 31, 2022.

Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2022

Retrieved on: 
Friday, March 31, 2023

The increase in depreciation and amortization expenses is mainly attributable to the commencement of recognition of results of Ellomay Solar upon connection to the Spanish grid in June 2022.

Key Points: 
  • The increase in depreciation and amortization expenses is mainly attributable to the commencement of recognition of results of Ellomay Solar upon connection to the Spanish grid in June 2022.
  • The average electricity price in Spain during the fourth quarter of 2022 was approximately €0.11/kWh, compared to an average price of €0.20/kWh during 2021.
  • Due to lower radiation during the fourth quarter of 2022, the electricity produced by the Talasol PV Plant was lower by approximately 24,000 MW compared to the fourth quarter of 2021.
  • Commencing the third quarter of 2022, this PV plant operated at full capacity and generated revenues of approximately €3.6 million during 2022.

Desktop Metal and TriTech Titanium Parts Qualify Titanium Alloy Ti64 for Binder Jet 3D Printing on the Production System™

Retrieved on: 
Wednesday, March 15, 2023

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, in collaboration with Detroit-based TriTech Titanium Parts LLC, today announced that Ti64 has been customer-qualified for binder jet 3D printing on the Production System™.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, in collaboration with Detroit-based TriTech Titanium Parts LLC, today announced that Ti64 has been customer-qualified for binder jet 3D printing on the Production System™.
  • View the full release here: https://www.businesswire.com/news/home/20230315005225/en/
    Desktop Metal today announced that titanium alloy Ti64 is now Customer-Qualified on the Production System™, in collaboration with TriTech Titanium Parts LLC in Detroit.
  • TriTech Titanium Parts LLC, which is ISO 9001:2015 certified, uses metal injection molding (MIM), investment casting, and now, binder jet 3D printing on the Desktop Metal Production System P-1 to produce titanium parts.
  • Production System users interested in working with titanium should consult their Desktop Metal sales representative on hardware and binder requirements.

Desktop Metal Qualifies Copper Alloy C18150 on the Production System™ with Sandvik Additive Manufacturing and Top Five Global Automaker

Retrieved on: 
Wednesday, March 15, 2023

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, in collaboration with Sandvik Additive Manufacturing, a world-leading producer of gas atomized metal powders, and a top five global automotive manufacturer, today announced that copper alloy C18150 has been DM Qualified for binder jet 3D printing on the Production System™.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, in collaboration with Sandvik Additive Manufacturing, a world-leading producer of gas atomized metal powders, and a top five global automotive manufacturer, today announced that copper alloy C18150 has been DM Qualified for binder jet 3D printing on the Production System™.
  • View the full release here: https://www.businesswire.com/news/home/20230315005176/en/
    These complex demonstration parts are binder jet 3D printed on the Desktop Metal Production System™ P-1 in C18150, also known as chromium zirconium copper.
  • The material has now been qualified for use on that high-speed printing platform in collaboration with Sandvik Additive Manufacturing, a world-leading producer of gas atomized metal powders, and a top five global automotive manufacturer, who is scaling a part design in C18150 for serial production on the Production System™ P-50.
  • It’s also able to withstand service temperatures up to 500°C, making it ideal for certain applications in the automotive industry.

Desktop Metal Announces Fourth Quarter and Full Year 2022 Financial Results and Initiates 2023 Guidance

Retrieved on: 
Wednesday, March 1, 2023

Desktop Metal, Inc. (NYSE: DM) today announced financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM) today announced financial results for the fourth quarter and full year ended December 31, 2022.
  • “Desktop Metal delivered record revenue for fourth quarter and full year 2022, fueled by our differentiated portfolio of AM 2.0 mass production solutions, our strong market position, and the team’s solid execution amidst an unsteady macro environment,” said Ric Fulop, Founder and CEO of Desktop Metal.
  • See “Non-GAAP Financial Information.”
    Desktop Metal will host a conference call on Wednesday, March 1, 2023 at 4:30 p.m.
  • Participants may access the call at 1-877-407-4018, international callers may use 1-201-689-8471, and request to join the Desktop Metal financial results conference call.

Nickel Alloy Inconel 625 Now Qualified on All Desktop Metal 3D Printing Systems, including the Shop System™

Retrieved on: 
Tuesday, September 13, 2022

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that nickel alloy Inconel 625 (IN625) has been qualified on the Shop System, the worlds best-selling metal binder jet system, making the material a qualified material across its entire portfolio.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that nickel alloy Inconel 625 (IN625) has been qualified on the Shop System, the worlds best-selling metal binder jet system, making the material a qualified material across its entire portfolio.
  • Shop System, a plug-and-play turnkey binder jet 3D printing system that reduces costs, shortens lead times and increases revenues for machine shops.
  • Studio System 2, a turnkey metal Bound Metal Deposition (BMD) platform that offers customers the easiest way to print high-performance metal parts in low volumes for pre-production and end-use applications.
  • In all, Desktop Metal systems now offer users 18 qualified materials, including stainless steels, tool steels, nickel alloys, precious metals, copper and more.

Desktop Metal Qualifies Sterling Silver on the Production System, Cementing Additive Manufacturing Leadership in Jewelry Industry

Retrieved on: 
Monday, June 6, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220606005677/en/
    Exquisite sterling silver chevron stacking rings designed by Christian Tse and 3D printed on the Desktop Metal Production System P-1.
  • The Production System now offers jewelry and luxury goods manufacturers the fastest way to directly 3D print high-quality sterling silver jewelry, watches, belt buckles, and decorative hardware for handbags.
  • Desktop Metal and its ETEC polymer brand have a longtime history of partnering with major jewelry producers around the world such as Cartier, Stuller, Shinola and Swarovski.
  • A new video released with Christian Tse showcases how this Monrovia, California-based luxury design and manufacturing house is using the Desktop Metal Production System P-1 to reimagine its jewelry manufacturing.

Desktop Metal to Showcase a Historic Collection of 300+ 3D Printed Production Parts Across the Industry’s Widest Portfolio of Materials at RAPID + TCT in Detroit

Retrieved on: 
Wednesday, May 11, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220511005615/en/
    Desktop Metal will showcase more than 300 3D printed parts across its metal, polymer, elastomer, ceramic, sand, and upcycled wood material portfolio.
  • The parts were 3D printed on the companys Additive Manufacturing 2.0 platforms.
  • (Photo: Business Wire)
    Desktop Metals parts and printer collection, which will greet attendees in Booth No.
  • A high-speed 3D printing system for end-use metal parts, the P-1 was designed as a gateway to the top-of-the-line Production System P-50 the worlds fastest system to 3D print metal parts at scale.

Desktop Metal Commences Shipments of Production System P-50 With Inaugural Customer Stanley Black & Decker

Retrieved on: 
Monday, February 28, 2022

Desktop Metal (NYSE:DM) today announced it has shipped its first Production System P-50 printer to Stanley Black & Decker (NYSE: SWK), marking the commercialization of the companys flagship additive manufacturing technology for mass production of end-use, metal parts.

Key Points: 
  • Desktop Metal (NYSE:DM) today announced it has shipped its first Production System P-50 printer to Stanley Black & Decker (NYSE: SWK), marking the commercialization of the companys flagship additive manufacturing technology for mass production of end-use, metal parts.
  • View the full release here: https://www.businesswire.com/news/home/20220228005320/en/
    Desktop Metal has shipped its first Production System P-50 printer, marking the commercialization of the companys flagship additive manufacturing technology for mass production of end-use, metal parts.
  • The P-50 is designed to mass produce high-performance metal parts with the repeatability and cost required to compete with conventional manufacturing.
  • The P-50 is designed to mass produce high-performance metal parts with the repeatability and cost required to compete with conventional manufacturing.