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Stratasys And Desktop Metal To Merge: A Milestone For Consolidation In Additive Manufacturing, Reports IDTechEx

Retrieved on: 
Thursday, June 1, 2023

Two 3D printing industry titans, Stratasys and Desktop Metal, announced their merger on May 25th, 2023, marking a significant milestone in the additive manufacturing industry.

Key Points: 
  • Two 3D printing industry titans, Stratasys and Desktop Metal, announced their merger on May 25th, 2023, marking a significant milestone in the additive manufacturing industry.
  • Subject to final approvals, Stratasys shareholders are expected to own 59% of the combined entity, with Desktop Metal shareholders owning the other 41%.
  • Desktop Metal CEO and Chairman, Ric Fulop, stated, "We believe this is a landmark moment for the additive manufacturing industry.
  • Desktop Metal and Stratasys will offer eight different additive technologies once merged, covering polymer, metal, ceramic, composite, wood, and sand materials.

Stratasys And Desktop Metal To Merge: A Milestone For Consolidation In Additive Manufacturing, Reports IDTechEx

Retrieved on: 
Thursday, June 1, 2023

Two 3D printing industry titans, Stratasys and Desktop Metal, announced their merger on May 25th, 2023, marking a significant milestone in the additive manufacturing industry.

Key Points: 
  • Two 3D printing industry titans, Stratasys and Desktop Metal, announced their merger on May 25th, 2023, marking a significant milestone in the additive manufacturing industry.
  • Subject to final approvals, Stratasys shareholders are expected to own 59% of the combined entity, with Desktop Metal shareholders owning the other 41%.
  • Desktop Metal CEO and Chairman, Ric Fulop, stated, "We believe this is a landmark moment for the additive manufacturing industry.
  • Desktop Metal and Stratasys will offer eight different additive technologies once merged, covering polymer, metal, ceramic, composite, wood, and sand materials.

Desktop Metal Launches Live Suite™, an End-to-End Software Hub that Delivers Generative AI Solutions for Additive Manufacturing 2.0

Retrieved on: 
Monday, March 6, 2023

“AM 2.0 is a digital manufacturing process that is ultimately powered by software, and we believe Live Suite offers the most intuitive and powerful AM software on the market,” said Ric Fulop, Founder and CEO of Desktop Metal.

Key Points: 
  • “AM 2.0 is a digital manufacturing process that is ultimately powered by software, and we believe Live Suite offers the most intuitive and powerful AM software on the market,” said Ric Fulop, Founder and CEO of Desktop Metal.
  • Live Build™ MFG is a desktop-based build preparation software that replaces and upgrades Desktop Metal’s Fabricate MFG application.
  • Live Studio supports slicing and build preparation for Desktop Metal’s Bound Metal Deposition™ systems, including the Studio System 2.
  • Desktop Metal (NYSE:DM) is driving Additive Manufacturing 2.0, a new era of on-demand, digital mass production of industrial, medical, and consumer products.

SmarTech Publishes Q2 2022 3D Printing Market Data: Additive Manufacturing Markets Totaled $3B for Second Consecutive Quarter, 27% Growth Year over Year

Retrieved on: 
Monday, October 3, 2022

Still others in the AM space reaffirmed their expectations, highlighting additive's value in innovating manufacturing during periods of extended supply turmoil.

Key Points: 
  • Still others in the AM space reaffirmed their expectations, highlighting additive's value in innovating manufacturing during periods of extended supply turmoil.
  • SmarTech's data finds that the Metal 3D printing market continues to grow at a faster rate than its Polymer market counterpart, and metals now account for 40 percent of the AM market.
  • We still expect 2022 to be a record-breaking year for the industry as we go into the second half of the year.
  • SmarTech analysis and data drives strategy development in the additive industry, and has been adopted and presented by many of the industry's largest firms.

Desktop Metal Announces Strategic Integration and Cost Optimization Initiative to Accelerate Additive Manufacturing 2.0 and Drive Value to Shareholders

Retrieved on: 
Monday, June 13, 2022

Todays announcement of our strategic integration and cost optimization initiative is the result of a comprehensive portfolio and business operations review conducted across all functions at Desktop Metal.

Key Points: 
  • Todays announcement of our strategic integration and cost optimization initiative is the result of a comprehensive portfolio and business operations review conducted across all functions at Desktop Metal.
  • We value the dedicated team at Desktop Metal, including our departing colleagues, for all their hard work and contributions towards this goal.
  • Key functions such as engineering, manufacturing, marketing, finance, legal, human resources and customer service will now be fully consolidated under Desktop Metal.
  • There is no guarantee Desktop Metal will achieve the cost savings it expects.

Bound Metal and Metal Binder Jetting Additive Market to Become Dynamic, Accessible Opportunity Producing $54B in Metal Parts through 2030

Retrieved on: 
Thursday, April 21, 2022

This report is the first full featured market study specific to bound metal additive manufacturing processes, defined as the combination of metal binder jetting and bound metal extrusion processes from SmarTech Analysis.

Key Points: 
  • This report is the first full featured market study specific to bound metal additive manufacturing processes, defined as the combination of metal binder jetting and bound metal extrusion processes from SmarTech Analysis.
  • These two wholly different, but inherently linked processes (due to the requirement for final stage sintering of a green bound metal part using powdered metal), represent an exciting potential future for metal additive manufacturing.
  • For more information about accessing this resource, visit https://www.smartechanalysis.com/reports/market-for-bound-metal-additive...
    Historically, metal binder jetting has been a process to produce specialized one-off parts or short runs for a variety of industries.
  • For several years, users of other metal additive technologies have sold solutions based not on cost per part, but on other value factors.

Desktop Metal Introduces the All-New S-Max® Flex, a Robotic Additive Manufacturing 2.0 System that Makes Sand 3D Printing Affordable to Foundries Worldwide

Retrieved on: 
Tuesday, April 19, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220419005064/en/
    The ExOne S-Max Flex is an affordable and easy-to-use robotic additive manufacturing system that foundries use to 3D print large and complex sand molds and cores for metalcasting.
  • (Photo: Business Wire)
    ExOne, which was acquired by Desktop Metal in late 2021, is the leading digital sand printing solution provider for foundries.
  • The S-Max Flex will debut at CastExpo 2022, North Americas largest metalcasting trade show, from April 23-26 in Columbus, Ohio.
  • Binder jet 3D printing is widely regarded as the fastest additive manufacturing method for the mass production of functional precision parts.

Metal Additive Manufacturing Rebounds to Hit $18 Billion by 2032, Reports IDTechEx

Retrieved on: 
Monday, March 21, 2022

The pandemic significantly impacted a key target market for metal additive manufacturing - aviation.

Key Points: 
  • The pandemic significantly impacted a key target market for metal additive manufacturing - aviation.
  • In IDTechEx's new report, " Metal Additive Manufacturing 2022-2032: Technology and Market Outlook ", the metal 3D printing industry's current state has been comprehensively analyzed.
  • IDTechEx finds that after the short-term loss caused by COVID-19, the metal additive manufacturing market has recovered to hit $18.5 billion by 2032.
  • Additionally, IDTechEx analyzes each metal printing technology and provides detailed discussion on the metal AM materials market.

AMUG Awards Scholarships to Akila Udage and Frank Marquette

Retrieved on: 
Wednesday, March 16, 2022

Frank Marquette, Professor of Practice at Troy University (Troy, Alabama), has been awarded the Randy Stevens Scholarship for educators in additive manufacturing.

Key Points: 
  • Frank Marquette, Professor of Practice at Troy University (Troy, Alabama), has been awarded the Randy Stevens Scholarship for educators in additive manufacturing.
  • As scholarship recipients, Marquette and Udage will attend the AMUG Conference, where they will engage with additive manufacturing users.
  • The scholarships recognize students and educators who demonstrate passion and vision for additive manufacturing to advance education and industry.
  • Akila Udage was exposed to additive manufacturing while pursuing his master's degree at the Lighting Research Center (LRC) at Rensselaer Polytechnic Institute (RPI).

Desktop Metal Welcomes X-Series Line of Additive Manufacturing Systems for Metal and Ceramics into Growing Portfolio

Retrieved on: 
Monday, March 7, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220307005356/en/
    Desktop Metal has launched the X-Series line of binder jet 3D printing systems for metal and ceramic powders in a wide range of particle sizes.
  • The newly branded Desktop Metal line of printers is derived from the acquisition of ExOne last fall and will soon be offered with Desktop Metals build preparation and award-winning sintering simulation software applications.
  • Desktop Metals X-Series printers give customers more choices than ever when it comes to binder jet additive manufacturing, said Ric Fulop, Desktop Metal Co-founder and CEO.
  • Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production.