Desktop Metal Inc (DM) Sector
Information Technology

(Current) $0.63
0.03 (5%) Open Price: 0.61

 

Desktop Metal Inc. is a technology-driven 3D printing company that offers end-to-end solutions for manufacturers and engineers to produce metal parts at scale. Founded in 2015, the company is based in Burlington, Massachusetts and has offices in California, Germany, Italy, Switzerland, and Asia. Desktop Metal offers a range of metal 3D printing solutions, including its flagship Production System and Studio System printers, which use metal powders to produce high-quality metal parts.

 

Desktop Metal's Production System printer uses a patented process called Single Pass Jetting (SPJ) to create dense, complex metal parts up to 100 times faster than traditional manufacturing methods. The company claims that its technology allows for high-volume production of metal parts with a high degree of accuracy, reducing waste and costs. The Studio System, on the other hand, is a smaller, more affordable system designed for engineers and designers to create metal prototypes and small production runs.

 

In addition to its hardware solutions, Desktop Metal also offers software solutions to simplify the 3D printing process. Its cloud-based software, Fabricate, streamlines the process from design to production, allowing users to manage multiple printers and track part production in real-time. The company also provides training and support to its customers to help them maximize the potential of their 3D printing technology.

 

Desktop Metal has received significant investment from high-profile backers, including Ford, Google, and BMW, among others. In 2020, the company went public via a SPAC merger and is now listed on the New York Stock Exchange under the ticker symbol DM. The company has partnerships with a range of businesses and industries, including aerospace, automotive, and healthcare, and has received several awards for its innovative 3D printing technology.

 

The company's mission is to revolutionize the way metal parts are produced and create more sustainable, efficient, and cost-effective manufacturing processes. By providing end-to-end solutions for metal 3D printing, Desktop Metal aims to make the technology accessible and practical for a range of industries and applications.

 



 

(03/01/24) $0.61
(03/02/24) $0.60
(03/02/24) (Qty.)3,043,363
(03/01/24) $0.57
(03/01/24) $0.63
(02/18/24) $0.46
(03/05/23) $2.55
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