ROHSTOFF INTERNATIONAL

13:05 | 09.11.2017
Desktop Metal Announces International Expansion for Its Metal 3D Printing Systems

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 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171109005391/en/


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