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Desktop Metal Accelerates Shipments of the Studio System, the World’s First Office-Friendly Metal 3D Printing System

March 29, 2019
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With expanded production capability, Desktop Metal is now shipping the Studio System at a rate of 550 complete systems per year, with a two-week delivery time for new orders to customers throughout the US and Canada. (Photo: Business Wire)

BURLINGTON, Mass.--(BUSINESS WIRE)--Mar 29, 2019--Desktop Metal today announced it has expanded production capacity of the Studio System™, the world’s first office-friendly metal 3D printing system. With expanded production capability, the company is now shipping at a rate of 550 complete systems per year, with a two-week delivery time for new orders to customers throughout the US and Canada.

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With expanded production capability, Desktop Metal is now shipping the Studio System at a rate of 550 complete systems per year, with a two-week delivery time for new orders to customers throughout the US and Canada. (Photo: Business Wire)

“Leading companies, such as Ford, Google’s ATAP, Goodyear, BMW, and ProtoLabs, are now benefiting from the ease of use and accessibility provided by the Studio System,” said Ric Fulop, CEO and co-founder of Desktop Metal. “To meet continued demand, we have scaled up production capacity to allow us to deliver complete systems for fast installation.”

Over the past six months, Studio Systems worldwide have fabricated more than 8,000 parts. Key use applications range from functional prototyping of extruder nozzles and shock absorber pistons; to jigs & fixtures including robotic end effectors and brake caliper fixture; to manufacturing tooling of zipper molds inserts and extrusion dies; and low volume production of gears and motor mounts. Each of these benchmark parts has shown drastic cost reduction – some by as much as 90 percent relative to machining and selective laser melting (SLM) – as well as speed in fabrication, producing parts in days instead of weeks or months.

Studio System for Metal Prototyping and Low Volume Production
The Studio System is designed to make metal 3D printing more accessible, enabling design and engineering teams to print metal parts faster, without the need for special facilities, dedicated operators, or expensive tooling. The three-part solution, including printer, debinder and furnace, automates metal 3D printing by tightly integrating through Desktop Metal’s cloud-based software to deliver a seamless workflow for printing complex metal parts in-house—from digital file to sintered part.

Early customer feedback on benefits they can now achieve includes:

  • Built to Scale: The Studio System offers a 10 times larger sintering volume than competitive systems, which enables cost-effective, low-volume production of metal parts. One Studio furnace supports up to five printers, allowing for batch processing for high throughput.
  • Superior Parts: Mechanical properties, material properties, surface quality, feature fidelity, geometry, size, dimensional accuracy – the Studio System considers each of these critical factors with expertly engineered features to ensure great parts.
  • Safe for the Office: A key differentiator of the Studio System is that it prevents exposure of solvents to users and does not require external ventilation. The system is designed for use in a range of environments — office, lab, shop — making it easy for any engineer to make metal parts in-house.

Customers of the Studio System span multiple industries and include such companies as Ford, Stanley Black and Decker, Goodyear, 3M, Google’s ATAP, BMW, ProtoLabs, Owens Corning, L3, TerraPower, Medtronic, Continental AG, Applied Materials, TECT Aerospace, US Department of Defense, Department of Homeland Security, MITRE and leading educational institutions such as MIT, University of Texas, Texas A&M and Diman Regional Vocational Technical High School, the nation’s first high school to install a metal 3D printer.

About Desktop Metal
Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with end-to-end metal 3D printing solutions. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make metal 3D printing an essential tool for engineers and manufacturers around the world. Since its inception, the company has raised $438 million in financing with a portfolio of strategic partners and investors including Ford Motor Company, GV (formerly Google Ventures), GE Ventures, BMW iVentures, Koch Disruptive Technologies, Lowe’s, New Enterprise Associates (NEA) and more. Desktop Metal was selected as one of the world’s 30 most promising Technology Pioneers by the World Economic Forum and named to MIT Technology Review’s list of 50 Smartest Companies. For more information, visit www.desktopmetal.com.

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CONTACT: Desktop Metal

Lynda McKinney, 978-224-1282

Head of Communications

Lyndamckinney@desktopmetal.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: TECHNOLOGY ELECTRONIC DESIGN AUTOMATION HARDWARE MANUFACTURING CHEMICALS/PLASTICS ENGINEERING STEEL OTHER MANUFACTURING

SOURCE: Desktop Metal

Copyright Business Wire 2019.

PUB: 03/29/2019 11:05 AM/DISC: 03/29/2019 11:05 AM

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