Staff Machine Learning Engineer

Xometry unveils AI model upgrades to improve manufacturing recommendations and pricing. July 20, 2026 Manufacturers increasingly rely on AI-powered software to accelerate quoting, identify the right production methods and connect with qualified suppliers. As custom manufacturing workflows become more complex, improving the accuracy of those decisions can reduce costs, shorten lead times and simplify procurement for both buyers and manufacturers. Xometry Inc. (NASDAQ: XMTR) has introduced a broad upgrade to the artificial intelligence models that power its digital manufacturing marketplace, rolling out a new architecture designed to improve process recommendations, pricing accuracy and supplier matching. The North Bethesda, Md.-based company said the enhancements are built on proprietary data spanning part geometry, manufacturability, pricing, supplier capabilities and production outcomes, creating a more connected intelligence layer across the manufacturing process. One of the most significant changes is an updated context-aware recommendation engine that helps customers determine the most appropriate manufacturing process as soon as a part is uploaded. Rather than relying primarily on a customer's order history, the model evaluates factors including a part's geometry, likely material selection and intended industry application. For example, the system can recognize when aerospace components may require tighter tolerances or specialized alloys before generating recommendations across Xometry's 20 supported manufacturing processes. The company said the approach addresses the "cold-start" challenge commonly encountered with first-time users and has resulted in buyers accepting the automated manufacturing recommendation more than 85% of the time during early deployment, with the strongest gains among new customers. Xometry has also introduced a new generation of cost-prediction models beginning with CNC machining. The upgraded models evaluate a broader range of manufacturing variables, including geometry, materials, surface finishes and whether a part is produced individually or as part of a larger manufacturing job. According to the company, live testing showed the models improved CNC cost-prediction accuracy by approximately 15%. The pricing models also generate calibrated confidence levels for each CNC quote, allowing the platform to assess pricing certainty before returning an estimate. Xometry plans to expand the upgraded models to additional manufacturing processes supported by its Instant Quoting Engine(R) while adding more CNC materials over time as additional historical production data becomes available. Supplier partners are also expected to benefit from new adaptive sourcing models that refine how manufacturing work is distributed across the marketplace. The updated system evaluates machine dimensions, specialized manufacturing capabilities, historical quality performance and on-time delivery records when matching jobs with suppliers. Instead of receiving broad notifications for available work, participating manufacturers are presented with a more targeted stream of opportunities aligned with their capabilities. Xometry said the improvements have significantly strengthened partner matching while accelerating sourcing decisions for buyers. "Across the millions of parts quoted through Xometry, our AI is constantly learning," said Vaidy Raghavan, the company's chief technology officer. "Our new models move beyond treating that knowledge as separate skills, where one model recommends how to build something, another prices it, another finds who should build it. Now, they are an intelligence layer that gets sharper every time a part moves through it." Raghavan added that the company's data models increasingly determine how parts are manufactured, what they cost and which suppliers are best suited to produce them, enabling customers to receive more accurate recommendations, pricing and supplier matches with each new project submitted through the platform. Xometry operates an AI-powered marketplace connecting buyers with manufacturing suppliers worldwide while also operating the Thomasnet(R) industrial sourcing platform and a suite of cloud-based manufacturing services. The company says its technology is designed to streamline procurement by providing real-time pricing and lead-time information while helping manufacturers secure production opportunities more efficiently.

Montgomery County companies attracted $368.3 million in investment in June. July 7, 2026 Montgomery County companies raised a combined $368.3 million across public offerings and private investment activity in June, more than triple the amount recorded that same month a year prior. This month, Forbright, a Chevy Chase-based bank holding company with 545 employees, successfully completed its initial public offering on the Nasdaq. The D.C. region's fastest-growing bank, Forbright raised $142.2 million, valuing the company at approximately $950 million, marking not only a major milestone for the company but also for Montgomery County's rapidly expanding financial services industry, which boasts companies spanning venture capital, private equity, financial technologies, and investment asset management. In other investment news, Bethesda-based Xometry announced a $225 million secondary public offering. The AI-powered manufacturing marketplace has become one of Montgomery County's homegrown innovation economy success stories, connecting businesses with manufacturing capacity around the world through its intelligent digital platform. The additional capital will allow the company to continue expanding and investing in advanced manufacturing innovation. Founded in Gaithersburg, Xometry has over 1,000 employees. From innovative financial institutions to AI leaders, Montgomery County continues to remain a place where companies can start and scale quickly.

Xometry launches Foundation, committing $1 million to advance engineering education, Community Impact and U.S. Workforce development programs. June 25, 2026 * The Xometry Foundation will support engineering education and community impact programs, in partnership with organizations including ASME, SAE, U.S. Space & Rocket Center and KID Museum * Additionally, workforce development initiatives will launch later this year NORTH BETHESDA, Md., June 25, 2026 (GLOBE NEWSWIRE) - Xometry, Inc. (NASDAQ: XMTR), the global AI-native marketplace connecting buyers and suppliers of custom manufacturing, announced the launch of the Xometry Foundation, its initiative dedicated to supporting STEM and manufacturing training programs that expand opportunity through education, community investment, and workforce development. The Foundation marks the next chapter of Xometry's philanthropic journey, evolving its pledge to contribute 1% of company equity toward scholarships into a high-impact initiative with national and regional partnerships. Xometry has committed $1 million per year to scholarships, grants, and hands-on engineering programs, designed to develop the next generation of engineers and manufacturing talent, as well as U.S. workforce development initiatives that will launch later this year. "As the industry undergoes a digital transformation, we must ensure the next generation of engineers and manufacturers has the access and resources to succeed," said Randy Altschuler, Co-founder and CEO at Xometry. "The Xometry Foundation is our commitment to strengthen the manufacturing ecosystem by removing barriers to education and fostering innovation at every level. We already have plans to expand this commitment with partnerships that will extend our reach deeper into the manufacturing workforce." Education and Community Impact: The Foundation's First Initiatives Xometry has launched its first initiative to build the next generation of innovators. In partnership with the ASME Foundation, Xometry is funding travel grants that expand access to ASME Engineering Festivals (E-Fests) and annual scholarships helping future engineers with financial support for their undergraduate education. "Our collaboration with Xometry opens doors of opportunity for next generation engineers. By combining our philanthropic reach with Xometry's resources we are actively working to build a more accessible and inclusive engineering ecosystem. Providing support like student travel grants and annual scholarships allows us to empower a diverse pipeline of emerging leaders who will be ready to solve complex global challenges. Together, we are ensuring that tomorrow's engineering workforce is exceptionally well-prepared, highly motivated, and representative of the communities they serve," said Stephanie Viola, Executive Director of the ASME Foundation. In partnership with the SAE Foundation, Xometry is funding the Student Access Program, providing undergraduate students with career development opportunities, financial assistance for the Collegiate Design Series events, and ongoing engineering education resources. "Xometry's support of the SAE Foundation to create the Xometry Student Access Program is doing more than supporting students - they are opening doors," said Jamie Ferguson, SAE Foundation Executive Director. "Their generous investment is helping remove financial barriers, expand access to hands-on engineering experiences, and connect students to the skills and careers that will define the future of mobility and manufacturing." The Xometry Foundation is funding community impact programs to provide STEM resources to organizations that inspire future engineers and manufacturers at the local level. Partners include the U.S. Space & Rocket Center - a Smithsonian affiliate and home to Space Camp in Huntsville, Alabama - through which the Foundation supports both Space Camp programming and curriculum sponsorships. Closer to Xometry's corporate headquarters in Maryland, the Foundation will continue supporting KID Museum, which empowers youth to become creative problem-solvers through hands-on maker education and STEM programming. Beyond the Foundation: The Xometry Innovators Program In addition to the Foundation initiatives, Xometry recently launched its Innovators Program, connecting student engineers and manufacturing innovators with the tools they need to bring their designs to life. Through this program, undergraduate student groups get access to exclusive parts discounts, educational resources, and dedicated engineering mentorship. Several universities including Lehigh University, Massachusetts Institute of Technology, Purdue University, the University of Pittsburgh, the University of Texas at Austin, and the University of Vermont are already benefiting from the Xometry Innovators Program. To learn more about the Xometry Foundation's current initiatives and upcoming workforce development programs, visit xometry.com/xometry-foundation. About Xometry Xometry's (NASDAQ: XMTR) AI-powered marketplace, popular Thomasnet(R) industrial sourcing platform and suite of cloud-based services are rapidly digitizing the manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their businesses and streamlines the procurement process for buyers through real-time pricing and lead time data. Learn more at xometry.com or follow Xometry on LinkedIn. Investor Contact Shawn Milne VP Investor Relations 240-335-8132 [email protected]