Desktop Metal News: Latest Developments in Additive Manufacturing Technologies

Introduction

Desktop Metal is an American technology company that specializes in additive manufacturing solutions. They offer a wide range of 3D printing systems that can print metal parts, including stainless steel and dense metal, using binder jet 3D printing technology. Their products cater to a variety of industries, including aerospace, automotive, and consumer electronics. In this article, we will cover the latest news and developments in the world of Desktop Metal.

Desktop Metal View: A Look at Their Latest Offerings

Desktop Metal has been making waves in the 3D metal printing industry with their production system, shop system, and software solutions. Here are some of the recent developments:

Production System

Desktop Metal's production system is designed for industrial manufacturing, with a focus on cost reduction efforts. It uses binder jetting technology to print complex metal parts, and it has a wide range of materials to choose from.

Shop System

The shop system is a consumer-centric system that offers a cost-effective solution for 3D metal printing. It is designed for production in office metal or consumer products, with a focus on cost reduction and ease of use.

Software Solutions

Desktop Metal also offers software programs to complement their printer systems. The software solutions provide a user-friendly interface for designing and printing metal parts.

Desktop Metal Announces Strategic Collaboration

In recent news, Desktop Metal announced a strategic collaboration with Ultra Safe Nuclear Corporation to develop advanced energy recovery systems. The collaboration will focus on using Desktop Metal's additive manufacturing technologies to produce technical ceramics that can be used in nuclear reactors.

Desktop Metal Launches X-Series Platform

One of the most exciting pieces of Desktop Metal news is the recent launch of the X-Series platform. This innovative platform includes the X1 160Pro and X1 25Pro, two industrial-grade metal 3D printers that use binder jetting technology to produce high-quality metal parts. With fast print speeds, high throughput, and easy post-processing, the X-Series is poised to revolutionize the way manufacturers create metal parts.

Certifications for Metal 3D Printing

Desktop Metal is also making strides in terms of certifications for metal 3D printing. The company recently announced that its Studio System 2 and Production System platforms have received several new certifications, including ISO 45001 for occupational health and safety, ISO 14001 for environmental management, and ISO 9001 for quality management. These certifications demonstrate Desktop Metal's commitment to producing safe, reliable, and sustainable metal parts.

Automotive Production Project

Another exciting piece of Desktop Metal news is the company's involvement in an automotive production project. Working with several partners, including Ford and Xometry, Desktop Metal is using its binder jetting technology to produce complex metal parts for use in the automotive industry. With the ability to create parts with fine details and intricate geometries, Desktop Metal's technology is ideal for producing components that might be difficult or impossible to make using traditional manufacturing methods.

Serial Production Binder Jet

In addition to its involvement in the automotive production project, Desktop Metal is also ramping up production of its binder jetting technology for serial production. The company recently announced that it has begun shipping its Production System platform to customers, with the goal of producing large quantities of metal parts quickly and efficiently. This move is a significant step forward for Desktop Metal, as it positions the company as a major player in the world of industrial-grade 3D printing.

Cost Reduction Plan

Desktop Metal is also making progress on its cost reduction plan. The company has been working to reduce the cost of its metal 3D printing technology, with the goal of making it more accessible to a wider range of customers. By streamlining its production processes and optimizing its supply chain, Desktop Metal is working to bring down the cost of its systems without sacrificing quality or performance.

Desktop Metal on Display

If you're interested in learning more about Desktop Metal's technology, you'll have plenty of opportunities to see it in action. The company frequently showcases its systems at trade shows and events around the world, giving engineers, designers, and other professionals the chance to see firsthand what its binder jetting technology can do. Desktop Metal's X-Series platform, in particular, has been

FAQs about Desktop Metal News

What is Desktop Metal?

Desktop Metal is an American technology company that specializes in additive manufacturing technologies. The company develops and manufactures 3D printers, printing systems, and software solutions for engineers and designers.

What are some of the products offered by Desktop Metal?

Desktop Metal offers a wide range of products, including the Production System, Shop System, and Studio System. The Production System is designed for industrial manufacturing and can print complex metal parts up to 100 times faster than conventional binder jet 3D printing. The Shop System is ideal for mid-volume production and offers a range of materials, including stainless steel and biocompatible materials. The Studio System is designed for office and consumer products and offers a range of materials for design engineers.

What are some of the recent news and updates from Desktop Metal?

Desktop Metal has been making headlines with recent announcements and collaborations. In April 2021, the company announced a strategic collaboration with Indo-MIM, a leading manufacturer of complex metal components. In May 2021, Desktop Metal announced a new focus on technical ceramic offerings and launched the Desktop Metal Furnace, which can sinter a wide range of materials, including technical ceramics.

How has Desktop Metal been performing in the stock market?

Desktop Metal went public in December 2020 and is listed on the New York Stock Exchange under the ticker symbol DM. The company's stock price has been volatile since its IPO, but it has been steadily climbing in recent months. Analysts have been bullish on the company, with some predicting significant revenue growth in the coming years.

What are some of the challenges faced by Desktop Metal?

Like any company, Desktop Metal has faced its share of challenges. In February 2021, the company announced layoffs as part of a cost reduction initiative. Some analysts have expressed concerns about the company's cost structure and its ability to reduce 3D printing costs. However, Desktop Metal has been making efforts to address these concerns, including partnering with Energy Recovery to reduce energy consumption in its production systems.

Conclusion

Desktop Metal is an innovative and exciting company in the 3D metal printing industry. With a wide range of products and a focus on additive manufacturing solutions, the company has positioned itself as a leader in the space. While there have been challenges along the way, Desktop Metal's recent announcements and partnerships suggest that it is well-positioned for continued growth and success in the years to come. Keep an eye on Desktop Metal News for the latest updates and developments in the industry.

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