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

Schlumberger Announces Third-Quarter 2018 Results Conference Call21.8.2018 17:05Pressemelding

Schlumberger Limited (NYSE:SLB) will hold a conference call on October 19, 2018 to discuss the results for the third quarter ending September 30, 2018. The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 288-8967 within North America or +1 (612) 333-4911 outside of North America approximately 10 minutes prior to the start of the call, and ask for the “Schlumberger Earnings Conference Call.” A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until November 19, 2018, and can be accessed by dialing +1 (800) 475-6701 withi

Amazon Game Studios Announces The Grand Tour Game21.8.2018 15:00Pressemelding

Amazon.com (NASDAQ: AMZN) today announced that Jeremy Clarkson, Richard Hammond, and James May are bringing high-jinks and hot laps to PlayStation 4 and Xbox One in The Grand Tour Game, an episodic racing game based on the hit Prime Original series, The Grand Tour. Created by Amazon Game Studios, The Grand Tour Game transports players to exotic locations, where they'll drive the world's most interesting cars, and participate in the show's outrageous challenges. New episodes of The Grand Tour Game will be added weekly during Season 3 of the show, capturing cars, locations, and surprises from each week's episode. Visit www.playthegrandtourgame.com for more information. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180821005353/en/ The Grand Tour Game puts players behind the wheel of the cars from Season 3, and brings them to the iconic locations the hosts will visit this season, including The Grand Tour's signature Eboladrome

Andersen Global Expands in Africa with Oliveira & Associados21.8.2018 13:30Pressemelding

Andersen Global continues its expansion in Africa through a Collaboration Agreement with Oliveira & Associados, a law firm based in Angola, founded by Formosa Oliveira in 2016. Andersen Global Chairman and Andersen Tax LLC CEO, Mark Vorsatz, commented, “The economy in Angola is one of the fastest growing in the world, and we are excited about adding this practice in a market that has a strong connection to Portugal and is strategic to our business in Portugal. Oliveira & Associados is an energetic and talented group, and with the addition of Isalcio Mahanjane e Associados in Mozambique last week, we have added key locations in our Portuguese and Iberian strategy.” With headquarters in Luanda, Oliveira & Associados provides legal services to both corporate and individual clients within Africa and globally. “Collaborating with Andersen Global will help us extend our reach as we develop and seamlessly deliver cross-border solutions,” remarked Formosa Oliveira. “With added tax and legal se

Mavenir Introduces RCS Business Messaging Partner Program to Enable MNO’s A2P Revenue Growth21.8.2018 13:00Pressemelding

Mavenir, the world’s #1 messaging systems provider and a leader in Rich Communication Services (RCS)—with an 85% market share in North America—today announced its RCS Business Messaging Partner Program with 15 confirmed partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180821005089/en/ Mavenir’s RBM Chatbot (Photo: Business Wire) The Mavenir RCS Business Messaging (RBM) solution enables brands, aggregators, content providers, enterprises and MNOs to monetize RCS messaging technologies and provide rich, multimedia end-user experiences from the native messaging application on mobile devices. This global partner program is focused on accelerating the adoption of RCS multimedia messaging by creating a community of industry leading messaging partners to provide MNOs with a compelling business-to-consumer (B2C) messaging channel and become the platform of choice for advertisers, brands, content providers and enterprises to

Dynacor Announces First Quarterly Dividend Payment21.8.2018 12:03Pressemelding

Dynacor Gold Mines Inc. (TSX: DNG) (OTC: DNGDF) (Dynacor or the Corporation) is pleased to announce today that its Board of Directors (Board) has approved the initiation of quarterly cash dividends to its shareholders and the declaration of the first cash dividend in the company's history. The dividend of CAD$ 0.01 per common share, is payable on October 1, 2018 to shareholders of record on September 20, 2018. Dynacor is one of the largest ore purchasing processors in Peru. With its new ore processing facility operating at near full capacity, the Corporation is forecasting 2018 to be its best year on record. Dynacor’s stable business model is proven to withstand the volatility of the gold price. The Corporation is free of debt, in a healthy financial situation and working towards its 30th consecutive quarter of profits. President and CEO Jean Martineau states, “Our team has worked very hard to build the Corporation to what it is today. Our solid financial situation and leadership posit

FAA Approves AerTrak for Boeing 757-200 Series Aircraft to Comply with Automatic Dependent Surveillance-Broadcast (ADS-B) Operations Mandate21.8.2018 12:00Pressemelding

The Federal Aviation Administration (FAA) has issued a Supplemental Type Certificate (STC) for installation of AerSale®’s AerTrak™ system on Boeing 757-200 series aircraft (ST04011NY), to comply with the Automatic Dependent Surveillance-Broadcast (ADS-B) Operations rule, a critical part of the agency’s Next Generation Air Transportation System (NextGen). Beginning January 1, 2020, the FAA has mandated that aircraft operating in airspace defined by 14 CFR § 91.225 must be equipped with an ADS-B Out system that meets the minimum performance requirements of 14 CFR § 91.227. The FAA approved AerTrak for Boeing 737 NG series aircraft (ST04009NY) earlier this year. ADS-B provides enhanced navigational accuracy using precise tracking via global positioning satellite (GPS) signals. Reducing risk and improving safety, the technology increases navigational coverage, especially in remote areas beyond radar range. Additionally, ADS-B enables more direct flight plans, thereby saving time, costs, an