Desktop Metal offers a range of metal 3D printers, and their prices can range from a few thousand to tens of thousands of dollars. For instance, the Desktop Metal Fiber LT 3D printer is a more affordable model that costs around $12,495. On the other hand, the Desktop Metal Fiber HT 3D printer is a high-end model that costs over $31,000.
While the cost of purchasing a Desktop Metal Fiber printer might seem high, businesses that use these printers can benefit from significant cost savings in the long term. With 3D printing technology, businesses can manufacture metal parts in-house, eliminating the need for outsourcing. This can lead to significant cost savings on tooling and shipping expenses.
Furthermore, 3D printing can reduce lead times and increase production flexibility, allowing businesses to respond quickly to changing market demands. Therefore, the investment in a Desktop Metal Fiber printer can provide numerous benefits to businesses in various industries, including aerospace, automotive, healthcare, and manufacturing.
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Why is metal 3D printing expensive?
Metal 3D printing is often considered expensive due to several factors that significantly affect the production cost. Firstly, the technology behind metal 3D printing is still relatively new and requires a high level of expertise, which translates into high overhead costs in terms of research and development, machine maintenance, and equipment upgrades.
This also means that the initial investment required to purchase metal 3D printers and other specialized tools is quite substantial, further driving up the cost.
Another factor that contributes to the high cost of metal 3D printing is the quality of the metal powders used in the printing process. Metal powders need to be highly refined and free of impurities to achieve high levels of accuracy and precision in 3D printing. This leads to an increased cost of raw materials and the cost of sourcing high-quality metal powders can further add to the overall production cost.
Furthermore, the manufacturing process of metal 3D printing involves several complex steps that require a high level of precision and complexity, which translates into higher labor costs. The intricate design of metal 3D printed parts demands highly skilled personnel to operate the printers, troubleshoot problems, and maintain the quality of the final product.
This increased labor cost also makes metal 3D printing more expensive than other methods of manufacturing.
Moreover, post-processing and finishing stages of the metal 3D printing process are critical to ensuring that the final product meets the desired specifications. Depending on the specific application, this may involve extensive post-processing steps such as polishing, heat treatment, surface finishing, and other treatments, which can be time-consuming and add to the overall production cost.
Finally, another significant factor that affects the cost of metal 3D printing is the volume of parts produced. Metal 3D printing is well-suited for low-volume production, and as the demand for production increases, it becomes more economical to use other methods of manufacturing. Therefore, while 3D printing may be the best method for producing a small number of high-precision metal parts, it may not be the most cost-effective option for larger-scale manufacturing.
Several factors contribute to the high cost of metal 3D printing, including the high cost of raw materials, complex manufacturing processes, skilled labor requirements, post-processing steps, and low-volume production. While advancements in the technology may eventually lead to more cost-effective metal 3D printing, for now, it remains a relatively expensive alternative to traditional manufacturing methods.
Is Desktop Metal worth investing in?
Desktop Metal is a Massachusetts-based company that specializes in metal 3D printing technologies. Its innovative metal 3D printers are designed to provide a cost-effective and efficient alternative to traditional manufacturing methods, such as casting and machining.
One of the key advantages of Desktop Metal’s 3D printers is their ability to print complex metal parts with high accuracy and consistency, which can be difficult or impossible to produce using traditional methods. This capability has significant implications for industries like aerospace, automotive, and healthcare, where customized and lightweight metal parts are in high demand.
Another factor that makes Desktop Metal an appealing investment product is its strong financial backing from strategic investors and venture capitalists, including Google Ventures, BMW, and GE Ventures. As of March 2021, the company has raised over $400 million in funding, indicating a high level of investor confidence in its capabilities and potential for growth.
Furthermore, Desktop Metal has demonstrated its commitment to continuous innovation and expansion by acquiring several complementary companies in recent years. For instance, in 2020, it acquired EnvisionTEC, a leading 3D printing technology company that specializes in printing jewelry, dental prosthetics, and other high-precision parts, adding to Desktop Metal’s portfolio of advanced 3D printing solutions.
However, it is worth noting that the 3D printing industry, in general, is prone to rapid changes and market fluctuations, which may affect Desktop Metal’s performance in the long-term. Moreover, the company faces strong competition from other established players in the industry, including Stratasys, EOS, and HP.
Whether or not Desktop Metal is worth investing in depends on various factors, including the investor’s risk tolerance, financial goals, and market analysis. It is advisable to seek professional financial advice before making investment decisions.
Is Desktop Metal overvalued?
Desktop Metal is an American company that specializes in the development of metal 3D printing technology for industrial and commercial use. The company went public via SPAC (Special Purpose Acquisition Company) merger in December 2020, and its current market capitalization is around $2.2 billion.
The valuation of a company depends on several factors such as revenue growth, profitability, market share, competitive advantage, innovation, and future growth prospects. From this perspective, one can argue that Desktop Metal is an innovative company with a disruptive technology that can potentially transform the manufacturing industry.
The company has a portfolio of patented technologies that enables the production of metal parts with high speed, quality, and cost-effectiveness. This technology has several advantages over traditional methods such as casting or forging, that involve high costs, long lead times, and limited design freedom.
Desktop Metal generated a total revenue of $15.7 million in 2020, which is relatively low compared to its market capitalization. However, the company’s revenue growth rate is impressive, reaching 168% YoY in Q1 2021. Furthermore, Desktop Metal has a broad customer base in various industries such as aerospace, automotive, healthcare, and consumer goods.
The company has partnerships with several major players such as Ford, BMW, and Jabil, which improves its market visibility and credibility.
Desktop Metal has some risks that investors should consider, such as competition from other 3D printing companies, dependence on industry adoption, and the uncertain regulatory environment. The 3D printing market is still relatively new and fragmented, and there are many players in the market, including established companies such as Stratasys and 3D Systems.
Moreover, the 3D printing industry’s growth is subject to changes in demand and supply, technological advancements, and regulatory changes.
The valuation of Desktop Metal depends on many factors, and it is not straightforward to determine whether the company is overvalued or undervalued. While the company has an innovative technology and impressive revenue growth, investors should also evaluate the competition, market trends, and potential risks to the company’s growth.
What happened to the ExOne company?
ExOne company, formerly known as Extrude Hone Corporation, was established in 2005 as a spin-off of Extrude Hone Corporation. ExOne is a leading company in the development and production of 3D printers and related technology, operating in a rapidly expanding market.
However, in recent years, ExOne has faced a number of challenges that have impacted its financial performance and reputation. In 2019, the company reported a net loss of $36.3 million, which was attributed to a decline in sales growth and a reduction in gross margins. In response, ExOne implemented cost-saving measures, including layoffs and the closing of certain facilities.
Additionally, the COVID-19 pandemic has had a significant impact on ExOne’s operations. The company experienced supply chain disruptions and a decline in demand from customers in the aerospace and automotive industries. As a result, the company’s revenue for 2020 was $60.1 million, a decrease of 36% compared to the previous year.
Despite these challenges, ExOne has made significant investments in research and development, as well as in expanding its product offerings. The company has introduced new 3D printers and materials, such as a stainless-steel material that is suitable for the production of medical instruments.
ExOne has also expanded its partnerships with industry leaders, such as Siemens and Ford, to develop new applications for its technology. The company has collaborated with Siemens to incorporate its software into ExOne’s 3D printing machines, and with Ford to develop a new method of producing automotive parts using 3D printing.
Although ExOne has faced challenges in recent years due to changing market conditions and the COVID-19 pandemic, the company remains a leader in 3D printing and related technology. With its continued investment in research and development, and partnerships with industry leaders, ExOne is well positioned to further expand its product offerings and grow its business in the coming years.
Who bought ExOne?
ExOne is a publicly-traded company, and as such, it is not owned by an individual or a single entity. However, there have been several notable investors in ExOne, including institutional investors like Vanguard and BlackRock, and private equity firms like Solidus and Kohlberg Kravis Roberts. Additionally, ExOne’s board of directors is composed of experienced business leaders and industry experts who help shape the company’s strategic direction and oversee its day-to-day operations.
While it may be tempting to look for a single owner of ExOne, the reality is that the company is owned by a diverse group of stakeholders, each with their unique interests, goals, and perspectives. ExOne’s success depends on its ability to meet the needs of its customers, investors, employees, and other stakeholders, and to deliver innovative solutions that drive growth and value for all involved.
When did ExOne go public?
ExOne went public on February 7, 2013, with its initial public offering (IPO) of 6,321,429 shares of common stock priced at $18 per share. The IPO raised approximately $95.4 million in gross proceeds. The company’s stock began trading on the NASDAQ Global Market under the ticker symbol “XONE.”
ExOne’s decision to go public was a significant milestone in the company’s history, reflecting its desire to expand its business and increase its visibility in the marketplace. The IPO marked a high point for the company, which had grown rapidly since its founding in 2005.
Over the years, ExOne has continued to build on its success as a publicly traded company, expanding its product offerings and developing new technologies. The company has also expanded its global footprint, with operations in North America, Europe, and Asia.
Today, ExOne remains a leading provider of 3D printing technology and services, serving a diverse range of industries and applications. While it faces competition from other 3D printing companies, ExOne has distinguished itself with its focus on industrial-grade solutions and its commitment to innovation and customer service.
Its continued success is a testament to the strength of its business model and the resilience of its team.
How high will Desktop Metal stock go?
It is essential to note that the stock market’s fluctuations and any stock’s performances are subject to several factors, ranging from the company’s financial growth and stability to global economic and political issues.
In the case of Desktop Metal, the company’s stock performance depends on several factors that can impact its growth, including their ability to execute their plans and strategies effectively, their financial performance, the competitive market, and other external factors.
Desktop Metal is a metal 3D printing company that provides innovative and advanced solutions to manufacture high-quality metal parts for various applications. They have a strong portfolio of patented metal 3D printing technologies and solutions, which can boost their business growth and help them capture a significant share of the 3D printing market.
The company has also shown impressive financial performance, with a net income of $143.46 million in 2020 compared to a net loss of $141.2 million in 2019. They also have a robust investor base, including several reputed venture capitals and investors. These factors put Desktop Metal in an advantageous position and may lead their stock to surge in the future.
However, stock market performances are subject to high volatility and unpredictable surprises. Therefore, it’s always essential to conduct careful research and analyze various aspects of a company’s business operations and the market before making any investments.
What is the future of desktop metals?
Desktop metal, a revolutionary 3D printing technology, has been introduced a few years back to make metal printing easier, faster and affordable. Over time, it has been gaining popularity in various industries like aerospace, healthcare, automotive, defense, and manufacturing because of its superior printing quality and cost-effective advantages.
The future of Desktop metal is exciting and promising. With the rapid development of technology and the increasing demand for 3D printing, Desktop metal is expected to play a significant role in the growth of additive manufacturing. The company has already launched various products like Studio System, Production System, and Fiber, which have been highly successful in the market.
Desktop metal has also been expanding its reach globally by partnering with various companies and introducing its products in different regions. The company has already secured significant funding to advance its technologies and expand its product portfolio, which suggests that it is committed to driving innovation in additive manufacturing.
Additionally, Desktop metal is continuously researching new methods to improve the speed, quality, and cost-effectiveness of metal printing. The company has been working on developing advanced materials that can help clients 3D print complex assemblies with superior properties, which can have a significant impact on different industries.
With its ongoing innovation and impressive success, it’s reasonable to expect that Desktop metal will continue to grow and expand its reach globally. The technology will likely become more reliable, efficient, and accessible, making it an even more attractive solution for businesses looking to advance their manufacturing capabilities.
The future of Desktop metal looks bright as it continues to enhance its technologies, products, and materials for industrial additive manufacturing. The company’s commitment to innovation, coupled with the rising demand for 3D printing, suggests that it will be able to establish itself as a leader in the field and drive the growth of advanced manufacturing.
What is the metal stock to buy?
The decision to purchase a metal stock would ultimately depend on several factors such as an individual’s financial situation, risk tolerance, investment goals, and market conditions. However, it’s worth saying that investing in metal stocks could be potentially profitable, assuming the investor has done thorough research and analysis.
Before making any purchase, it’s advised to consult a financial advisor or broker with expertise in metal stock investment. They can help evaluate the stock’s performance, growth potential, and any associated risks to make a more informed investment decision. Additionally, investors should consider the economic, political, and industry trends affecting the metal market, and how they could impact the value of their investment.
the decision to invest in a particular metal stock or the broader metal market should be made in consideration of the individual’s investment objectives and risk appetite.
What is the metal to invest in for the future?
One of the most sought-after metals for investment purposes is Gold. Gold has been a safe-haven asset for centuries and is highly valuable worldwide. It is considered to be a hedge against inflation, as its price tends to go up when the market is uncertain or volatile. Therefore, if you plan on investing for the long term, gold is probably one of the safest options.
Not only is it highly liquid, but it also has a proven track record of holding its value over time.
Another metal that has been gaining attention is Silver. Silver is often overlooked in comparison with gold but has proven to be a solid investment option as well. Silver has played a vital role in many industries, such as electronics, medical equipment, and solar energy. Thus, the demand for the metal is likely to remain strong in the future, making it a good option for investors.
It is worth mentioning that the demand for silver is largely driven by industrial growth, while gold has a more significant role as a store of value.
Platinum is another metal that can be considered for investment purposes. It is a rare metal that has a range of industrial purposes, such as catalytic converters, fuel cells, and jewelry. Platinum’s value is closely linked to the auto industry, and its demand is therefore affected by the global economy’s growth rate.
The value of platinum can also be influenced by factors such as supply disruptions or increased demand from countries like China and India.
Copper is another metal that is widely used across various industries, driving the demand for the metal. Copper is a vital component in the construction and electrical industries, making it a key metal for infrastructure development. Its value is often linked to the growth rates of emerging economies, such as China and India, making it a popular commodity among investors.
Overall, the choice of metal to invest in is dependent on your investment goals, budget, and risk tolerance. It is essential to conduct appropriate research and seek advice from financial advisors before making any investments. Furthermore, it is crucial to keep tabs on market trends and keep track of the commodity markets to make informed decisions.
Is Desktop Metal a good long-term investment?
Desktop Metal is certainly a company that has grabbed the attention of investors and the technology industry as a whole. The company is creating an innovative metal 3D printing technology that is capable of producing complex parts quickly and with high precision. This technology is expected to disrupt traditional manufacturing methods and could become an essential tool for many industries.
Desktop Metal has already secured partnerships with large manufacturing companies such as Caterpillar and BMW. This indicates that the company’s technology is being recognized as a valuable solution for industrial use. Additionally, the company has attracted significant investment so far, including a $275 million round of funding led by Koch Disruptive Technologies in 2019, which brings the total amount the company has raised to over $438 million.
In terms of financial performance, Desktop Metal is not yet a publicly-traded company, so it is difficult to gauge its long-term investment potential. However, the company is reportedly planning to go public via a special purpose acquisition company (SPAC) merger with special acquisition company Trine Acquisition Corp.
This could make it easier for investors to access shares in the company and could provide Desktop Metal with the capital it needs for expansion and development.
There are, however, some potential risks associated with investing in Desktop Metal. The company is operating in a highly competitive industry, and there are other players, such as Stratasys and Markforged, who are also developing metal 3D printing technologies. Additionally, there is always the risk that new technologies could emerge that render Desktop Metal’s technology obsolete.
While Desktop Metal appears to have a lot of potential for long-term growth and success, there are inherent risks associated with investing in any emerging technology. However, for investors who are looking for innovative opportunities in the tech sector and are willing to accept the risks associated with an early-stage company, Desktop Metal may be a worthy investment.
Why is Desktop Metal dropping?
Desktop Metal is experiencing a drop in their stock prices due to a combination of factors. One of the main reasons is the overall market sentiment towards the 3D printing industry. The industry as a whole has faced challenges and uncertainties due to the COVID-19 pandemic, economic slowdown, and supply chain disruptions.
These factors have resulted in a decline in demand for 3D printing technologies, which has had a significant impact on Desktop Metal’s revenue and growth prospects.
Furthermore, there have been concerns regarding Desktop Metal’s ability to compete with existing players in the industry, particularly in the metal 3D printing space. While Desktop Metal has built a strong reputation for its production-focused printing solution, there has been increased competition from established players such as Stratasys and 3D Systems, as well as newer entrants such as Markforged and XJet.
This has led to pricing pressure, reduced margins, and increased marketing costs for Desktop Metal.
Another factor contributing to Desktop Metal’s decline is its financial performance. The company has yet to achieve profitability since its inception, which has raised questions about its business model and ability to scale. The company has also experienced high levels of operating expenses, which has contributed to a negative cash flow in recent quarters.
In addition, there have been corporate leadership changes, including the departure of the company’s founder and CEO, which has raised concerns about strategy and direction. Finally, since becoming publicly listed, Desktop Metal has come under increased scrutiny from investors and analysts, who are expecting strong growth and performance metrics.
Desktop Metal’s declining stock prices can be attributed to a combination of macroeconomic factors, industry-specific challenges, intense competition, financial performance concerns, and changes in leadership. To bounce back, the company will need to address these challenges, focus on innovation, reduce costs, and improve profitability.
Who is investing in Desktop Metal?
Desktop Metal is a leading company in the field of 3D printing and metal additive manufacturing. The company has received a lot of interest and attention from investors in the past few years due to their innovative technology and unique approach to metal printing.
Some of the most notable investors in Desktop Metal include Ford Motor Company, Lowe’s Companies, Inc, and BMW Group. These major corporations have invested millions of dollars into Desktop Metal, demonstrating their confidence in the company’s potential for growth and success in the industry.
In addition, many venture capital firms have also invested in Desktop Metal, including GV, Lux Capital, and NEA. These firms have a history of investing in cutting-edge technology and disruptive businesses, which highlights the potential they see in Desktop Metal’s innovative approach to metal printing.
Furthermore, the company has also received investment from individuals such as Jonah Myerberg, the co-founder of Desktop Metal and one of the key figures behind its success. Myerberg has invested in the company alongside other prominent figures in the industry, such as Rick Smith, the CEO of Axon and co-founder of Taser International.
Overall, Desktop Metal has received a significant amount of investment from a diverse range of sources, including prominent corporations, venture capital firms, and individual investors. These investments demonstrate the high level of confidence and interest in the company’s potential and its ability to revolutionize the metal printing industry.
How much does it cost to start 3D printing?
The cost of starting 3D printing can vary depending on several factors such as the type of printer, materials, software, and accessories required for your project. Generally, the cost of 3D printing equipment can range from a few hundred dollars to several thousand dollars.
For beginners or hobbyists, a basic 3D printer that costs around $300 to $500 can be a good starting point. However, keep in mind that the quality of prints will be lower, and the build size will be smaller than that of more expensive models. Moreover, such printers may require more maintenance and have limited features.
In contrast, a high-end industrial-grade 3D printer can cost upwards of $10,000 or more. These printers feature larger build areas, faster printing speeds, and better precision, allowing for the production of complex objects with higher quality.
The cost of materials such as filament, resin or powder also affects the total cost of 3D printing. Initial packs of filament usually cost between $20 and $50, depending on the type and quality. These filaments can last for several prints, but if you plan on printing frequently, you will need to invest more in a bulk purchase.
Software is also an important consideration in 3D printing. The cost of software varies from free to hundreds of dollars for professional software. Some free software, such as Blender and Tinkercad, may be suitable for simple designs, while more advanced software, such as SolidWorks or Fusion 360, can cost up to $5000 annually.
Accessories such as a nozzle, bed, spool holder, and bed levelling device can also add to the total cost. Additionally, safety equipment and protective gear such as ventilation systems, gloves, and masks should be considered.
The cost of starting 3D printing depends on several factors such as the type of printer, materials, software, and accessories required for your project. Prices can range from $300 to $10,000 or more, depending on the complexity of the project and the quality of the equipment. However, with the increasing demand for 3D printing, the cost of 3D printing equipment is expected to go down in the near future, making it more accessible to everyone.
