| Market Capitalization (Millions $) |
165 |
| Shares
Outstanding (Millions) |
33 |
| Employees |
541 |
| Revenues (TTM) (Millions $) |
167 |
| Net Income (TTM) (Millions $) |
-366 |
| Cash Flow (TTM) (Millions $) |
-78 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Desktop Metal Inc. is a leading metal 3D printing company, founded in 2015 by Ric Fulop and Jonah Myerberg, with headquarters in Burlington, Massachusetts. The goal of Desktop Metal is to provide cost-effective and accessible metal 3D printing systems for manufacturers, engineers, and designers worldwide.
Desktop Metal offers two main metal 3D printing solutions for the market, the Studio System and the Production System. The Studio System is designed to produce metal parts in-house, it uses a three-part process: printing metal parts using FDM technology, debinding the parts, and sintering them. The Production System is an industrial 3D printer designed for high-throughput metal 3D printing for large-scale manufacturing uses, it uses a new technology known as Single Pass Jetting (SPJ).
Desktop Metal's studio system focuses mainly on the production of complex metal parts such as jigs, fixtures, and tooling. The Production System, on the other hand, is designed for the scalable production of end-use metal parts. The SPJ technology used by Production System builds parts in a layerless and continuous process that creates 3D printed isotropic parts with excellent mechanical properties.
Desktop Metal Inc. is one of the fastest-growing 3D printing companies in the world, with a team of more than 400 employees who work to develop, market, and support their 3D printing solutions worldwide. The company has already attracted over $450 million in funding, with notable investors such as Ford, BMW, and Google Ventures.
In conclusion, Desktop Metal Inc. is a leading company in the metal 3D printing industry, offering cost-effective and accessible solutions for in-house production of metal parts. They are continuously developing new technologies to advance the 3D printing industry and expand the application base for metal 3D printing.
Company Address: 63 3rd Avenue Burlington 1803 MA
Company Phone Number: 224-1244 Stock Exchange / Ticker: NYSE DM
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