July 30, 2017

"Desktop Metal is an engineering-driven startup whose founders include several MIT professors, and Emanuel Sachs, who has patents in 3D printing dating back to the dawn of the field in 1989."

new atlas: The company has raised a ton of money in the last few months, including some US$115 million in a recent Series D round that brings total equity investments up over US$210 million. by Loz Blain

'That money has come from big players, too, including Google Ventures.

'The hype is real. And if Desktop Metal delivers on its promises – that it can make reliable metal printing up to 100 times faster, with 10 times cheaper initial costs and 20 times cheaper materials costs than existing laser technologies, using a much wider range of alloys – these machines might be the tipping point for large scale 3D manufacturing.

'The company is putting forward two systems: a studio system aimed at rapid, cheap metal prototyping for engineering groups, and a production system for mass manufacture.'

No comments: