STOCK TITAN

Desktop Metal Intensifies Focus on Technical Ceramic Offerings Across Portfolio of Binder Jet Systems

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Desktop Metal (NYSE: DM) is ramping up its focus on additive manufacturing of technical ceramics, responding to increased global demand in sectors like aerospace and automotive. The company highlights its capability to 3D print large technical ceramic parts using binder jetting technology, which simplifies production by eliminating traditional manufacturing constraints. Key materials include silicon carbide, carbon, and tungsten carbide-cobalt. Desktop Metal's systems allow for quick fabrication of complex designs across various production volumes, optimizing material properties and internal structures without the need for costly molds.

Positive
  • Increased global demand for technical ceramics in aerospace, automotive, and energy sectors.
  • Ability to produce large 3D printed parts, up to 800 mm, using binder jet technology.
  • Binder jetting simplifies complex ceramic production, eliminating costly molds and matrices.
Negative
  • None.
  • 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 volumes and for large parts as long as 800 mm in size
  • Binder jetting simplifies production for ceramics and cermets that are challenging to fabricate with traditional manufacturing, such as silicon carbide (SiC), Carbon (C), and tungsten carbide cobalt (WC-Co)
  • Manufacturers now have the ability to fabricate large complex ceramic designs quickly from low to high mass production volumes — eliminating molds, matrices, and other more expensive manufacturing requirements

BOSTON--(BUSINESS WIRE)-- Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, is intensifying its development of technical ceramic and cermet offerings across its portfolio due to customer demand, primarily for silicon carbide, carbon, and tungsten carbide cobalt.

This heat exchanger and gyroid, both made of reaction-bonded silicon carbide, were binder jet 3D printed on a Desktop Metal X-Series system. Desktop Metal is intensifying its focus on technical ceramics offerings across its binder jetting portfolio, especially of hard and heat-resistant materials that are challenging to manufacture. (Photo: Business Wire)

This heat exchanger and gyroid, both made of reaction-bonded silicon carbide, were binder jet 3D printed on a Desktop Metal X-Series system. Desktop Metal is intensifying its focus on technical ceramics offerings across its binder jetting portfolio, especially of hard and heat-resistant materials that are challenging to manufacture. (Photo: Business Wire)

“Every day, Desktop Metal binder jet systems are being used to produce innovative ceramic products in a wide range of mission-critical sectors, including aerospace, automotive, energy, and more,” said Ric Fulop, Founder and CEO of Desktop Metal. “We’re proud to announce we’re intensifying development of ceramic offerings so that more manufacturers can enjoy the benefits of binder jetting ceramics. Our technology gives ceramic manufacturers incredible flexibility not just in the geometric design but also in the internal part structure and material properties.”

The broad flexibility of binder jet 3D printing is ideal for rapidly fabricating technical ceramic powders into complex geometries in any volume, from small batch runs to volume production. Additionally, binder jetting’s ability to tightly control the structure of ceramic designs, from porous possibilities to full density, also enables a wide range of post-processing techniques that are highly desirable in ceramic production.

For example, customers worldwide are now producing silicon carbide parts and products in a multitude of ways with Desktop Metal systems:

  • SiC, reaction bonded (RBSiC)
  • SiC, vapor deposition (PVD or CVI)
  • SiC, liquid metal infiltrated (SiSiC or AlSiC)
  • SiC, bonded (with materials such as nitride or mullite, usually for enhancement of properties)
  • SiC, fully sintered (liquid phase sintering aid additions such as alumina or yttria are most common, while carbon and boron carbide may also be used)

Flexible Binder Jetting Systems

Worldwide, customers are now using more than five sand and metal models of Desktop Metal systems to produce commercial ceramic products. A conversion kit and other modifications are required. Model selection depends on the particle size of the ceramic being processed and other requirements.

When it comes to ceramics, which are often used for the most advanced technology applications, Desktop Metal currently works with manufacturers on a contract basis to develop and qualify specific applications.

A new brochure highlighting Desktop Metal’s offerings and customer case studies in ceramics is now available at TeamDM.com/ceramics. Customers interested in discussing ceramics projects with a Desktop Metal expert at Ceramics Expo, to be held May 1-3 in Novi, Michigan, are invited to schedule an appointment at TeamDM.com/2023ceramicsexpo.

About Desktop Metal

Desktop Metal (NYSE:DM) is driving Additive Manufacturing 2.0, a new era of on-demand, digital mass production of industrial, medical, and consumer products. Our innovative 3D printers, materials, and software deliver the speed, cost, and part quality required for this transformation. We’re the original inventors and world leaders of the 3D printing methods we believe will empower this shift, binder jetting and digital light processing. Today, our systems print metal, polymer, sand and other ceramics, as well as foam and recycled wood. Manufacturers use our technology worldwide to save time and money, reduce waste, increase flexibility, and produce designs that solve the world’s toughest problems and enable once-impossible innovations. Learn more about Desktop Metal and our #TeamDM brands at www.desktopmetal.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to the risks and uncertainties set forth in Desktop Metal, Inc.'s filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Desktop Metal, Inc. assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Media Relations:

Sarah Webster

sarahwebster@desktopmetal.com

(313) 715-6988



Investor Relations:

Jay Gentzkow

jaygentzkow@desktopmetal.com

(781) 730-2110

Source: Desktop Metal, Inc.

FAQ

What is the recent development from Desktop Metal regarding ceramics?

Desktop Metal is intensifying its development of technical ceramics due to rising global demand, focusing on materials like silicon carbide and tungsten carbide-cobalt.

How does Desktop Metal's binder jetting technology benefit ceramic manufacturing?

Binder jetting simplifies the production of complex ceramic parts, enabling high-volume manufacturing without the need for expensive molds.

In which sectors is Desktop Metal's ceramic technology being applied?

Desktop Metal's ceramic technology is primarily being utilized in aerospace, automotive, energy, and consumer electronics sectors.

What size parts can be produced with Desktop Metal's 3D printing technology?

Desktop Metal can produce 3D printed parts as large as 800 mm using its binder jetting systems.

What materials are being used in Desktop Metal's ceramic applications?

Key materials include silicon carbide, carbon, and tungsten carbide-cobalt for various technical ceramic applications.

Desktop Metal, Inc.

NYSE:DM

DM Rankings

DM Latest News

DM Stock Data

148.37M
23.89M
28.33%
35.31%
8.1%
Computer Hardware
Special Industry Machinery, Nec
Link
United States of America
BURLINGTON