Fast growing adoption of binder jet technology showcases the material flexibility and mass production capability of high-speed, area-wide 3D printing technology; and this is good news for companies like Desktop Metal, trading on the NYSE under the stock ticker DM.
Earlier this month, the leader in mass production additive manufacturing (AM) solutions announced the company has installed more than 1,100 3D printing systems for metal components worldwide. (We mentioned 3DX Industries Inc OTC:DDDX previously which has several ExOne additive manufacturing machines – now a subsidiery of Desktop Metal).
Desktop Metal’s portfolio now offers the widest selection of mass production 3D printing systems for the final production of metal components. Desktop Metal additive manufacturing systems currently process 30 metal alloys. An open house will be held on Jan. 25 to demonstrate the capabilities of the Production System P-50.
The company’s stock closed last Friday at $1.39 just above its 52 week low of $1.26.
