Desktop Metal

Desktop Metal

Metal 3D printing for mass production

About

Desktop Metal focuses on metal 3D printing, providing manufacturing solutions for various industries such as consumer goods, automotive, and education. Their technology enables high-speed mass production of metal parts, allowing manufacturers to quickly prototype and test new designs. This system supports low-volume production and customization, giving clients more design freedom. The company sells 3D printing systems, materials, and maintenance services, aiming to simplify manufacturing, reduce lead times, and lower costs. Desktop Metal's goal is to transform traditional manufacturing processes and help clients innovate in how they create metal parts.

Company Stage

IPO

Employees

201-500

Industries

Automotive & Transportation, Industrial & Manufacturing, Education

Total Funding

$424.9M

Headquarters

Burlington, Massachusetts

Founded

2002


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Simplify's Take

What believers are saying

  • Nano Dimension's acquisition could enhance Desktop Metal's resources and market reach.
  • The launch of PureSinter Furnace improves production efficiency and quality.
  • Live Inspect software enhances product quality and reduces waste in precision manufacturing.

What critics are saying

  • Legal issues with Nano Dimension could disrupt operations and finances.
  • Strategic shifts post-acquisition may affect Desktop Metal's market positioning.
  • Intense competition from major players like Stratasys and 3D Systems.

What makes Desktop Metal unique

  • Desktop Metal specializes in high-speed mass production of metal parts.
  • The company offers rapid prototyping for quick design testing and market feedback.
  • Desktop Metal's technology supports low-volume, regionally targeted production with design freedom.

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Growth & Insights
Headcount

6 month growth

↑ 0%

1 year growth

↓ -2%

2 year growth

↑ 0%

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