ScanUp launches with hundreds of dentist members nationwide using the program, including practices at several major DSOs Dentists who subscribe to ScanUp pay for the 36-month program with their routine dental lab expenses through work sent to member dental labs Members receive an iTero Element™ Flex certified pre-owned (CPO) intraoral scanner with access to a complete digital dentistry ecosystem with education, training, and... Read More

Revenue of $52.3 million, down from $60.6 million in the same quarter a year ago, and up 22% sequentially over the prior quarter Year-over-year improvements to net loss, adjusted EBITDA, gross margins, non-GAAP gross margins, operating expenses, and operating cash flow following more than $150 million in cost reduction efforts announced since June 2022 Net loss of $(323.4) million in 2023 compared to net loss of $(740.3)... Read More

BOSTON / Mar 12, 2024 / Business Wire / Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the fourth quarter and full year ended December 31, 2023 before the market opens on Friday, March 15, 2024. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com . Desktop Metal... Read More

Evonik INFINAM® ST 6100 L is now qualified for 3D printing on the ETEC Xtreme 8K and ETEC Pro XL from Desktop Metal INFINAM® ST 6100 L is one of the highest strength photopolymer resins on the market with high temperature, water, chemical, and UV resistance The ETEC Xtreme 8K is the world’s largest production-grade DLP printer... Read More

Flexcera Base Ultra+ is a 3D printable, light-curable resin used for the fabrication of the gingiva component of full and partial removable dentures 3D printing Flexcera Base Ultra+ helps dentists and dental labs reduce labor requirements and delivers a well-fitting and affordable solution for edentulous patients – all in... Read More

Latest cost-saving program anticipates additional annualized cost savings of $50 million, with the majority of those savings to be realized by the end of this month BOSTON / Jan 24, 2024 / Business Wire / Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced an additional $50 million cost-reduction plan that includes a 20% workforce reduction designed... Read More

New resins include Pac-Dent Rodin™ Sculpture, Desktop Health™ Flexcera™ Base, and Keystone Industries KeyGuard™, which will help dental labs diversify offerings, streamline workflows, and unlock new applications REDWOOD CITY, Calif. , Dec. 11, 2023 /PRNewswire/ -- Carbon , a leading product development and manufacturing technology company, announced the release of three breakthrough resins on its platform — Pac-Dent Rodin... Read More

The Figur G15 uses patent-pending Digital Sheet Forming (DSF) technology in which a software-driven ceramic toolhead on a gantry shapes standard sheet metal into parts with up to 2,000 lbs of force With a maximum sheet size of 1600 x 1200 mm (63.0 x 47.2 in), the Figur G15 delivers parts with a draw depth up to 400 mm (16 in)... Read More

Chicago-based Dimension Inx, a regenerative therapeutics company, has now had its innovative CMFlex material implanted in multiple patients CMFlex is an off-the-shelf, customizable bone graft material indicated for maxillofacial, mandibular, and dental bone defects The first 3D printed regenerative bone graft product cleared by the FDA, CMFlex has now been used in two patient jaw surgeries, an upper and lower, and several... Read More

BOSTON / Nov 29, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that it received notice from the New York Stock Exchange (the “NYSE”) on November 22, 2023, indicating that Desktop Metal is not in compliance with NYSE’s continued listing standards because the average closing price of Desktop Metal’s common stock was less than $1.00 over a consecutive 30 trading-day period. The notice... Read More

Completed $100 million in cost reductions announced in June 2022 ahead of schedule Revenue of $42.8 million compared to $47.1 million in the same quarter a year ago GAAP gross margin of 4.5%; non-GAAP gross margin increased 190 basis points to 21.9% Year-over-year improvements to non-GAAP gross margins, operating expenses, adjusted EBITDA, and operating cash flow in third quarter 2023 – with improvements expected to continue... Read More

The Company to host its earnings call earlier, at 7:00 a.m. ET on Thursday, November 9 BOSTON / Nov 07, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM) today announced that it will be holding its previously announced conference call five hours earlier to better coincide with timing of the Company’s earnings release. Company management will now host the conference call and webcast on third quarter 2023 financial results... Read More

BOSTON / Nov 02, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the third quarter ended September 30, 2023 before the market opens on Thursday, November 9, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com . Desktop Metal will host... Read More

An adult patient recently received the implant, produced on the Desktop Health 3D-Bioplotter® Manufacturer Series This project is highlighted in a new video showcasing how the Hannover Medical School’s ENT clinic uses the premium bioprinter at Team.DM.com/MHH The 3D-Bioplotter has now been used for two separate in-patient... Read More

Schaeffler has acquired Desktop Metal’s Belgium-based Aerosint and will integrate its multi-material Selective Powder Deposition technology for use with Schaeffler’s laser-based multi-material AM system Desktop Metal will continue to work with Schaeffler on developing the technology for binder jet 3D printing, where Desktop Metal retains an option for commercial use BOSTON / Oct 26, 2023 / Business Wire / Desktop Metal, Inc.... Read More

Now available below $40,000, the ETEC Pro XL delivers extreme accuracy, resolution, and surface finish in a large build area with the high throughput speeds for which area-wide DLP technology is known Additional updates to ETEC Pro XL include a 4K ultra high-definition projector and proven HyperPrint™ technology that... Read More

BOSTON / Oct 09, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM) announced today that, in connection with the termination of the merger agreement between Desktop Metal and Stratasys Ltd. (Nasdaq: SSYS) on September 28, 2023, the Desktop Metal board of directors approved the amendment of Desktop Metal’s rights agreement, which was previously scheduled to expire on July 24, 2024. Pursuant to the amendment, the plan has... Read More

Flexcera Smile Ultra+ is a next-generation nanoceramic resin for 3D printing a wide range of permanent and temporary dental restorations, including teeth for dentures, crowns, inlays, onlays, bridges, veneers, as well as full, monolithic, and partial dentures Users of Desktop Health, EnvisionTEC, and Carbon 3D printers will be... Read More

Live Monitor is an Industry 4.0 solution for users of select Desktop Metal printers and ancillary equipment to monitor and use real-time data from their equipment to improve efficiency BOSTON / Oct 03, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass... Read More

While Desktop Metal stockholders voted to approve the merger agreement, Stratasys announced its stockholders – faced with two alternative acquisition offers for its company – did not likely vote in favor of the merger agreement proposals Merger agreement with Stratasys has been terminated, with DM to be compensated agreed-upon fees Desktop Metal remains focused on continued improvements in non-GAAP gross margins, operating... Read More

Desktop Metal urges stockholder to vote "FOR" the pending merger BOSTON / Sep 21, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that leading independent proxy advisory firm Institutional Shareholder Services (ISS) recommends that stockholders vote “FOR” the merger with Stratasys Ltd. (Nasdaq: SSYS) at the upcoming special... Read More

ExOne, the digital casting brand of Desktop Metal, produces binder jet 3D printers for producing sand castings BMW Landshut casts aluminum parts using a fleet of four ExOne 3D printers for serial production of cores using inorganic binders that generate no odors or emissions ExOne’s binder jetting technology supports... Read More

DSB has adopted Desktop Metal’s complete X-Series metal binder jetting lineup, along with Live Sinter™ simulation and correction software, at its Wisconsin headquarters, which processes more than eight million pounds of powder into parts annually with both traditional and additive technologies The X-Series line from Desktop Metal features Triple Advanced Compaction Technology (ACT) and includes the entry-level InnoventX,... Read More

Pennsylvania-based FreeFORM now owns the world’s largest fleet of Desktop Metal binder jet 3D printers, which transform metal powder into complex end-use parts Founded in 2020, FreeFORM has a strategic partnership with Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals... Read More

Combination with Stratasys Presents Significant Growth Opportunities and Value Creation for Stockholders Proxy Materials for Special Meeting Mailed to Stockholders Desktop Metal Board Unanimously Recommends Shareholders Vote “FOR” the Merger Proposal Visit www.NextGenerationAM.com for More Information BOSTON / Sep 05, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing... Read More

SAN JOSE, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Vectra AI , the leader in AI-driven cyber threat detection and response, today announced the appointment of Scott Dussault as chief financial officer (CFO). An accomplished executive with a proven track record of driving financial performance and creating shareholder value, Dussault will lead Vectra AI’s financial operations as the company enters its next stage of growth.... Read More

Revenue of $53.3 million, up 29% sequentially GAAP gross margin of 11%; non-GAAP gross margin of 31% Best quarter of adjusted EBITDA since going public Year-over-year improvements to non-GAAP gross margins, operating expenses, adjusted EBITDA, and operating cash flow in second quarter 2023 Cash, cash equivalents, and short-term investments closed second quarter 2023 at $127.6 million, down $22.2 million from the close of... Read More

BOSTON / Jul 27, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2023 after the market closes on Thursday, August 3, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com . Desktop Metal will host a... Read More

The first Flexcera family resin validated for Carbon systems is Desktop Health’s Flexcera Smile Ultra+, an FDA 510(k) cleared Class II material for permanent, 3D printable dental restorations, followed closely by Flexcera Base BURLINGTON, Mass. & REDWOOD CITY, Calif. / Jul 26, 2023 / Business Wire / Desktop Health™, a brand of... Read More

An innovative add-on feature for the 3D-Bioplotter, the PrintRoll platform was designed to enable 3D printing of cylindrical medical solutions for adults and children and therefore offers a range of standard and custom drum diameters The PrintRoll platform further solidifies the 3D-Bioplotter’s premier position in the field of... Read More

FREMONT, Calif., June 14, 2023 (GLOBE NEWSWIRE) -- Engineered materials company Uniformity Labs announces the availability of its ultra-low porosity 17-4PH stainless steel powder UniJet™ SS17-4PH Performance for the Desktop Metal Production System™. Uniformity Labs continues to deliver on its promise of No Compromise Metal AM... Read More

ExOne will be celebrating its loyal base of foundry customers throughout the five-day GIFA event, which is held every four years. More than half of all ExOne systems installed globally are now located at customer sites with two or more printers Worldwide, ExOne also has a growing number of Super Fleet customers with three or... Read More

BOSTON / May 30, 2023 / Business Wire / The Board of Directors of Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or the “Company”) announced that it adopted a limited duration shareholder rights plan on May 26, 2023, which is scheduled to expire on the earlier of (i) July 24, 2024 and (ii) the effective date of the merger announced yesterday contemplated between the Company and Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”).... Read More

Revenue of $41.3 million, with a growing number of repeat purchases from customers with multi-machine fleets of our Additive Manufacturing 2.0 systems Cost reduction plan delivered significant year-over-year improvements to adjusted EBITDA and operating cash flow in first quarter 2023 Combined $100 million in annualized savings from cost reduction plans remain on-track in order to reduce expense structure, expand margins,... Read More

The first manufacturer to earn DNV’s AM manufacturer certification for binder jetting technology, Aidro was awarded the qualification using the Desktop Metal Shop System™ Aidro also achieved the highest level of DNV’s AM manufacturer certification for laser powder bed fusion, which included “part qualification for critical... Read More

BOSTON / Apr 06, 2023 / Business Wire / Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the first quarter ended March 31, 2023 after the market closes on Wednesday, May 10, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com . Desktop Metal will host a... Read More

Increased demand for mass production of ceramics with binder jet is being driven by applications in aerospace, automotive, energy, consumer electronics, and subtractive manufacturing Customers worldwide are currently 3D printing technical ceramics for commercial applications on Desktop Metal binder jet platforms at high... Read More

Also known as chromium zirconium copper, C18150 is a high-strength, high-conductivity copper alloy commonly used in thermal transfer applications, such as electrical connectors, welding electrodes, as well as other electrical and electronic components A global automaker is now testing a unique 3D printed part design, which is being developed for a future production application, in C18150 using Sandvik’s Osprey® metal powder... Read More

304L complements the suite of stainless steel materials now qualified on the Shop System mid-sized binder jet printer, which also includes 17-4PH and 316L Among stainless steels, 304L is noteworthy for high tensile strength, corrosion resistance, and durability DM and CETIM continue to collaborate on development and testing of 304L for food-processing equipment Desktop Metal, Inc. (NYSE: DM), a global leader in additive... Read More

Detroit-based TriTech is an experienced manufacturer of titanium parts for the commercial and industrial markets, including aerospace, marine, and automotive Ti64 is a popular material because of its excellent strength-to-weight ratio, corrosion resistance, and biocompatibility Binder jetting of Ti64 simplifies production of complex titanium parts, which can be challenging and expensive to fabricate using traditional... Read More

Live Suite is a new package of powerful software programs that allows users of Desktop Metal, Desktop Health, ETEC and ExOne 3D printing systems to seamlessly manage their build preparation, printers, accessories, and processes with success in one cloud-based location Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the launch of Live Suite™ — a... Read More

Record fourth quarter revenue of $60.6 million, up 6.8% from the fourth quarter of 2021 Record full year 2022 revenue of $209.0 million, up 86.0% from 2021 Cost reduction initiatives on-track to deliver $100 million in aggregate, annualized cost savings in 2023, prioritizing path to profitability Initiates full year 2023 revenue guidance of between $210 and $260 million Desktop Metal, Inc. (NYSE: DM) today announced... Read More

Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the fourth quarter and full year ended December 31, 2022 after the market closes on Wednesday, March 1, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com . Desktop Metal will host a conference call on the... Read More

Einstein Pro XL delivers precision DLP® printing of dental and orthodontic models, temporary and permanent restorations, and other dental and medical devices in the largest build volume in its price category 1 With high-speed 3D printing enabled by proprietary HyperPrint™ technology, Einstein Pro XL can print more than 330... Read More

Successful execution of June 2022 cost savings initiative delivered $50 million in annualized savings Plan announced today adds additional $50 million, to deliver an aggregate savings of $100 million per year, double the target outlined in 2022 Four facilities are slated to be closed and consolidated into hub locations in the United States, and a workforce reduction of approximately 15% is planned Reduction plan will improve... Read More

Fast growing adoption of binder jet technology showcases the material flexibility and mass production capability of high-speed, area-wide 3D printing technology Desktop Metal will host an open house on Jan. 25 to showcase the fastest binder jet metal 3D printing technology on the Production System™ P-50 Thirty metal alloys are... Read More

Desktop Metal (NYSE: DM), a leader in mass production additive manufacturing (AM) solutions, today announced the company has received a $9 million order from a major German automaker for binder jet additive manufacturing systems used for mass production of powertrain components. This is the second order from the same automaker... Read More

Multimillion-dollar contract awarded by the VA supports the development, testing and manufacturing of seat cushions, mattresses, and patient positioning devices, such as splints, that will also enable the VA to “make products at a fraction of their final size, minimizing storage and warehouse needs” FreeFoam is a revolutionary... Read More

Revenue of $47.1 million, up 85% from third quarter 2021 Announced strategic collaboration with Align Technology to bring digital dentistry and workflows for printing to the mass market Accelerating and expanding Strategic Integration and Cost Optimization Initiative to reduce expense structure, drive margin expansion, and prioritize path to profitability Desktop Metal, Inc. (NYSE: DM) today announced its financial results... Read More

Align and Desktop Labs to collaborate on advanced restorative workflows to be integrated with the Align Digital Platform™ to help drive adoption of digital restorative dentistry Align Technology, Inc. (“Align”) (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign® system... Read More

Integrated chairside technology will accelerate adoption of digital dentistry by providing a seamless workflow directly from the patient scan to a final manufacturing solution iTero Element™ Flex intraoral scanners will connect dentists directly to a suite of offerings from Desktop Labs, a subsidiary of Desktop Metal, that will simplify the digital design and manufacture of restorations with both traditional and digital... Read More

Shop System Forust Edition is the first commercially available 3D printing system to process upcycled sawdust into functional, end-use wood parts using high-speed binder jetting technology Based on the Shop System platform, the world’s best-selling metal binder jet 3D printer, the Forust Edition is modified to safely process... Read More

Cole will support the company’s continued growth as a leader in Additive Manufacturing 2.0 technologies for high-throughput production of metal, polymer, ceramic, and composite end-use parts. Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced Jason Cole will join the Company as Chief Financial Officer, effective November 10. He will report to Desktop... Read More

Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the third quarter ended September 30, 2022 after the market closes on Wednesday, November 9, 2022. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com . Desktop Metal will host a conference call on the same day at... Read More

Siemens’ portfolio of IoT-enabled hardware, software and digital services will further propel Desktop Metal’s accessible, reliable and easy-to-use additive manufacturing 2.0 solutions Siemens and Desktop Metal, Inc ., global leaders in digitalization and additive manufacturing technologies, announced today a multi-faceted... Read More

Desktop Health , a healthcare business within Desktop Metal, Inc. (NYSE: DM) committed to developing 3D printing solutions for personalized medicine, and Keystone Industries, a trusted dental manufacturer of biocompatible, cutting-edge, patented photopolymer resins, today announced a partnership to make a broad range of Keystone 3D printing dental resins available on Desktop Health’s Einstein printer, beginning with... Read More

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that nickel alloy Inconel 625 (IN625) has been qualified on the Shop System, the world’s best-selling metal binder jet system, making the material a qualified material across its entire portfolio. In all, IN625 is now qualified for: Production System™ models including the P-1 and P-50, metal binder... Read More

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing (AM) 2.0 technologies for mass production, today announced two upgrade packages on the successful Shop System, offering new flexibility, functionality, and value for the world’s best-selling metal binder jet system. First unveiled in November 2019, the... Read More

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced significant updates to Live Sinter — a powerful multi-physics sinter simulation software application that automates the generation of sinter-ready, printable geometries, as well as supports, setters, and inserts, to make repeatable, volume production of high-precision end-use metal parts through binder... Read More

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that it is expanding its partnership with Henkel on photopolymer material development, beginning with the qualification of Henkel’s Loctite® 3D IND405 Black and Loctite 3D 3843 for use on the Xtreme 8K,... Read More

Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the second quarter ended June 30, 2022. “Desktop Metal continued to build on its momentum in the second quarter, delivering record revenue of $57.7 million and expanding non-GAAP gross margins to 26.7%,” said Ric Fulop, Founder and CEO of Desktop Metal. “Our strong financial results represent the strength and breadth of our unmatched AM 2.0 portfolio as... Read More

Desktop Metal, Inc. (NYSE: DM) announced today that Ric Fulop, Founder and CEO, will present at two upcoming conferences. On Tuesday, August 9, 2022 the Company will participate at the Jefferies Industrials Conference. Mr. Fulop will present at 3:00 p.m. ET. On Wednesday, August 10, 2022 the Company will participate at the Oppenheimer 25th Annual Technology, Internet & Communications Conference. Mr. Fulop will present at... Read More

Desktop Metal, Inc . (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced it has qualified the use of IN625 for the Studio System, a turnkey metal 3D printing platform that offers customers the easiest way to print high-performance metal parts in low volumes for pre-production... Read More

Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2022 after the market closes on Monday, August 8, 2022. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com . Desktop Metal will host a conference call on the same day at 4:30 p.m.... Read More

Desktop Metal, Inc. (NYSE: DM) today announced that James Haley will be transitioning from his role as Chief Financial Officer of the Company to pursue other interests. In order to ensure a smooth transition, Haley will remain in his current role through the earlier of December 31, 2022 or the date a new CFO begins employment, and he will serve in an advisory role for a period thereafter. Desktop Metal has retained a leading... Read More

Desktop Metal (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced it has expanded its relationship with CNC software innovator SolidCAM, creator of the breakthrough iMachining ® toolpath technology and a leading distributor of solutions to precision metal manufacturers... Read More

Desktop Metal (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today unveiled FreeFoam™, a new family of photopolymer resins that produces durable and dimensionally accurate closed cell foam parts without tooling – delivering all-new benefits for the automotive, furnishing, footwear,... Read More

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced a strategic integration and cost optimization initiative that is projected to result in approximately $40 million of annualized run rate non-GAAP cost savings, $20 million of which is to take place in the second half of 2022, and at least $100 million of aggregate cost savings over the next 24 months.... Read More

Desktop Metal (NYSE: DM) today announced that 925 sterling silver, a popular precious metal, is now qualified for 3D printing on the Production System™ platform, including both the P-1 and P-50, offering jewelry and luxury goods manufacturers the fastest way to directly 3D print high-quality jewelry, watches, belt buckles, and... Read More

The Defense Logistics Agency (DLA) has awarded Concurrent Technologies Corporation (CTC) a prime contract worth a potential $15 million to demonstrate the practicality of producing obsolete critical castings through 3D printed sand-casting mold technology. In addition, the project will further develop the science and technology of 3D printed sand-casting molds. CTC will work with subcontractor ExOne, a subsidiary of Desktop... Read More