Business Wire

Desktop Metal Announces International Expansion for Its Metal 3D Printing Systems

Del

Desktop Metal, the company committed to bringing metal 3D printing to engineers and manufacturers, today announced it will begin accepting international pre-orders of its metal 3D printing system, the Studio System™, from companies throughout Europe, Asia Pacific, Canada and Mexico. The announcement comes as Desktop Metal is experiencing tremendous interest and demand from manufacturers and strategic partners around the globe, including BMW Group, which will be the company’s first international early partner to receive a system.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171109005391/en/

The Studio System is the only end-to-end solution for metal 3D printing. The printer, debinder and f ...

The Studio System is the only end-to-end solution for metal 3D printing. The printer, debinder and furnace were designed together, making it possible for precise control of the entire workflow. (Photo: Desktop Metal)

To support its international expansion plans, Desktop Metal has forged strategic partnerships with authorized Desktop Metal international resellers to begin pre-selling its Studio System throughout Canada, Mexico, Germany, France, Italy, and the United Kingdom with availability beginning in mid 2018, and plans to expand more broadly throughout Europe and APAC. The company already has experienced strong demand with system reservations in the United States, with shipments to begin in the coming weeks. To provide superior customer service, the company now has a growing global network of 66 sales partners and resellers. Availability of the Studio System will vary by country and interested buyers should visit www.desktopmetal.com/international for more information.

“Our vision is to make Desktop Metal 3D printing solutions accessible to engineers and manufacturers around the world,” said Ric Fulop, CEO and co-founder of Desktop Metal. “We plan to begin offering our metal 3D printing technology internationally and will be accelerating production to meet worldwide demand, first for our Studio System and later for our Production System. Our partnerships with best-in-class resellers in each of these geographies bring us closer to making metal 3D printing solutions available to all who want to realize the benefits of rapid prototyping and mass production of metal parts.”

In anticipation of the international expansion, Desktop Metal also announced it will be working with a select group of strategic customers as early stage evaluators of its technologies, starting with BMW Group. These strategic partners will be a source of critical user feedback on benchmark parts, materials, training and system usage.

Fostering the startup ecosystem in order to take the automotive world to the next level is the mission of BMW Group’s independent venture unit: “As an early investor in Desktop Metal, we saw potential in its 3D printing technology and vision for redefining manufacturing,” said Uwe Higgen managing partner of BMW i Ventures.

BMW Group’s additive manufacturing team works closely together with Desktop Metal to accelerate market adoption. “Metal additive manufacturing has already impacted the automotive industry mainly in prototyping. Currently, we are further expanding the use of metal additive manufacturing in multiple applications. Starting with design to cost-effective mass production, which is the most challenging application where material and process qualification, design, performance and cost-per-part are crucial for our success. Together with Desktop Metal, we are working on challenging the status quo of metal additive manufacturing. We are looking into uncovering the potential for both the Studio System for functional prototypes and the Production System for high-speed prototyping and mass production of BMW Group automotive parts,” said Jens Ertel head of BMW Group’s Additive Manufacturing Center in Munich.

“It’s an honor BMW Group chose to both invest and now partner with Desktop Metal as an early pioneer of our metal 3D printing technologies,” said Fulop. “We look forward to learning and benefiting from BMW Group’s legendary engineering, manufacturing and production expertise.”

About the Studio System

The Studio System, which debuted in May 2017, is the first office-friendly metal 3D printing system for rapid prototyping and is 10 times less expensive than existing technology today. The Studio System is a complete platform, including a printer, a debinder, and a sintering furnace that, together, deliver complex and even impossible geometries of metal 3D printed parts right in an engineer’s office or on the shop floor. To manufacture metal 3D printed parts at scale, Desktop Metal also debuted the only 3D printing system for mass production of high resolution metal parts today, the Production System.

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. Desktop Metal has raised a total of $212 million in financing, with the Series D marking the largest round ever for an additive manufacturing company. In 2017, the company was selected as one of the world’s 30 most promising Technology Pioneers by World Economic Forum, and was recently named to MIT Technology Review’s list of 50 Smartest Companies. For more information, visit www.desktopmetal.com.

Contact information

Desktop Metal, Inc.
Lynda McKinney, 978-224-1282
Head of Communications
Lyndamckinney@desktopmetal.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Janssen receives positive CHMP opinion for ERLEADA™ (apalutamide) for patients with non-metastatic castration-resistant prostate cancer who are at high risk of developing metastatic disease16.11.2018 13:15Pressemelding

The Janssen Pharmaceutical Companies of Johnson & Johnson today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has issued a positive opinion for apalutamide, a next generation oral androgen receptor inhibitor for the treatment of adult patients with non-metastatic castration-resistant prostate cancer (nmCRPC) who are at high risk of developing metastatic disease.2 The CHMP’s positive opinion will now be reviewed by the European Commission (EC), which has the authority to grant approval for the use of apalutamide. The CHMP’s positive opinion is based on data from the pivotal SPARTAN Phase 3 clinical study which assessed the safety and efficacy of apalutamide versus placebo in patients with nmCRPC who have a rapidly rising prostate specific antigen (PSA) level despite receiving continuous androgen deprivation therapy (ADT). The SPARTAN clinical study showed that apalutamide, when added to ADT, significantly reduced the risk

Vertex Receives European CHMP Positive Opinion for ORKAMBI® (lumacaftor/ivacaftor) for Treatment of Children with Cystic Fibrosis Aged 2 to 5 Years Old with Most Common Form of the Disease16.11.2018 12:57Pressemelding

Vertex Pharmaceuticals (Europe) Limited today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion for ORKAMBI® (lumacaftor/ivacaftor) for the treatment of people with cystic fibrosis (CF) aged 2 to 5 years old who have two copies of the F508del mutation, the most common form of the disease. If the European Commission issues a favorable adoption of the EMA CHMP opinion for the extension of indication, lumacaftor/ivacaftor will be the first and only medicine approved in Europe to treat the underlying cause of CF for patients aged 2 to 5 years old who have two copies of the F508del mutation. “Cystic fibrosis is a chronic, progressive disease and it is important to treat early to ensure the best possible outcomes for patients,” said Reshma Kewalramani, MD, Executive Vice President, Global Medicines Development and Medical Affairs and Chief Medical Officer at Vertex. “Today’s announcement brings us one step cl

Dimension Data Global Delivery Centre (GDC) in Prague wins the ABSL 2018 Diamond Award for Business Innovation16.11.2018 08:00Pressemelding

Dimension Data, the USD 8 billion global technology integrator and managed services provider, today announced that its Global Delivery Centre (GDC) in Prague has won the 2018 ABSL Diamond award for Business Innovation. The main purpose of this centre is to provide innovative, global service delivery capabilities and deep technical expertise to support our clients. The ABSL Diamond awards recognise companies that implement innovative projects, enhancing their business and strengthening the position of the business services sector. Every year, the aim is to identify successful activities in this sector and promote best practices, ultimately encouraging and inspiring others to follow suit. The ABSL celebrates initiatives that push business services forward and stand out as exemplary projects. Bill Padfield, Group Chief Operating Officer for Transformation and Services at Dimension Data, said: “Winning another award for our Support Services is a fantastic achievement. This time the ABSL Di

FCC Grants LeoSat U.S. Market Access16.11.2018 06:00Pressemelding

LeoSat Enterprises, the dynamic young company which is launching a unique new data network comprised of a constellation of up to 108 low-earth-orbit communications satellites, has been awarded the authority by the U.S. Federal Communications Commission (FCC) to provide NGSO (non-geostationary satellite orbit) services in the United States. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181115005890/en/ LeoSat's Global Business Backbone in Space (Graphic: Business Wire) The increasing demand for business connectivity and with it, the need to move large quantities of data quickly and securely around the world, is fast outpacing the infrastructure in place to carry it. Existing networks are already carrying more than 1 Zeta Byte of traffic globally and this is set to grow exponentially. The FCC market access grant will allow LeoSat to address currently unmet demand for high-bandwidth, low-latency, high-security data transmissio

German Court Rules Huawei, ZTE Products Infringe AVC Patents16.11.2018 05:01Pressemelding

MPEG LA announced today that the District Court in Düsseldorf, Germany (“Landgericht Düsseldorf”) has ruled that Huawei Technologies Deutschland GmbH (“Huawei”) and ZTE Deutschland GmbH (“ZTE”) infringed patents of two patent holders in MPEG LA’s AVC Patent Portfolio License (“AVC License”) by using their technologies in mobile phones that implement the AVC/H.264 (MPEG-4 Part 10) Standard. The court also found that the license offered by the patent holders under those patents through the AVC License is fair, reasonable and nondiscriminatory. “The Landgericht Düsseldorf’s decision confirms the importance of respect for intellectual property, and offering everyone easy and affordable access to essential AVC technology under a single license is a cornerstone of the MPEG LA AVC License’s wide acceptance making that possible,” said Larry Horn, President and CEO of MPEG LA. “We continue to welcome Huawei and ZTE to join the nearly 2,000 Licensees who have entered into our AVC License.” Verdi

IFF-LMR Naturals Leads Industry with 90 Certified Vegan Natural Extracts15.11.2018 21:15Pressemelding

Regulatory News: IFF-LMR, a subsidiary of International Flavors & Fragrances Inc (NYSE:IFF) (Euronext Paris: IFF) (TASE: IFF) announced their industry-leading position of 90 natural extracts in their portfolio certified vegan by the EVE (Expertise Vegan Europe) VEGAN standards. The certified extracts include Rose EssentialTM, Rose UltimateTM, Blackcurrant Buds Absolute, Ylang Oil Complete, Vetiver Oil Haiti, Patchouli Oil Indonesia, and Geranium Heart Oil, among many others. Bertrand de Preville, General Manager, IFF-LMR said, “Our people are passionate about creating the finest ingredients and together, we are committed to delivering premium, 100% pure and natural extracts. We believe in transparency, environmental management and sustainable development.” Mr. de Preville continued, “This certification of 90 extracts is in line with IFF-LMR’s continuous dedication to our planet, people, plants and animals.” The EVE VEGAN label was selected because it is considered one of the most rigor