Nickel Alloy Inconel 625 Now Qualified on All Desktop Metal 3D Printing Systems, including the Shop System™

Rhea-AI Summary

Desktop Metal (NYSE: DM) has announced the qualification of nickel alloy Inconel 625 (IN625) on its Shop System, enhancing its 3D printing offerings. This qualification allows IN625 to be utilized across various models, including Production System™, Shop System, X-Series, and Studio System™ 2. With 18 qualified materials available, Desktop Metal aims to streamline the production of high-strength components for sectors like aerospace and energy. IN625's additive manufacturing offers economic and efficient solutions for complex geometries, overcoming traditional machining challenges.

Positive

• Qualification of IN625 expands Desktop Metal's capabilities in 3D printing.
• IN625 is now available across all major 3D printing systems offered by Desktop Metal.
• The additive manufacturing process for IN625 is expected to be faster and more cost-effective than traditional machining.

Negative

• None.

Aerospace, energy and other sectors now have an easy way to efficiently produce high-strength, high-temperature parts in volume with IN625 across a portfolio of 3D printing options

BOSTON--(BUSINESS WIRE)-- 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 jetting systems built for high-speed, high-volume production featuring proprietary Single Pass Jetting (SPJ) technology. Offers high output and low part costs in a wide range of materials.
• Shop System, a plug-and-play turnkey binder jet 3D printing system that reduces costs, shortens lead times and increases revenues for machine shops.
• X-Series models, such as the InnoventX, an entry-level system, and the X25Pro, a mid-sized binder jet system featuring Triple ACT (advanced compaction technology) for low to mid-volume production.
• Studio System™ 2, a turnkey metal Bound Metal Deposition™ (BMD) platform that offers customers the easiest way to print high-performance metal parts in low volumes for pre-production and end-use applications. A two-step print-and-sinter process.

In all, Desktop Metal systems now offer users 18 qualified materials, including stainless steels, tool steels, nickel alloys, precious metals, copper and more. Another 12 materials are available for printing by R&D professionals or in development for qualification, including aluminum 6061 and titanium alloy Ti-6Al-4V (Ti64).

“Manufacturers looking to produce complex geometries in IN625 now have a one-stop shop for efficient Additive Manufacturing 2.0 production,” said Ric Fulop, Founder and CEO of Desktop Metal. “IN625 is a very difficult material to machine, but our technology truly makes it easy. We are proud of the work our world-leading material and process teams have done ensuring that this popular material can be offered across our portfolio.”

IN625 for High-Strength, High-Performance Flexibility

IN625 is a high-performance nickel alloy known for high levels of strength, temperature resistance, and corrosion resistance — making it a popular material choice for applications in the aerospace, chemical processing, and offshore energy industries.

However, the strength of IN625 is also what makes it a difficult and expensive material to machine into complex shapes. The process typically requires a skilled machinist and special CNC cutting tools, strategies and coolants to shape. It’s not uncommon for cutting tools to be broken or deformed when milling Inconel stock or for the material to deform when the outer layer hardens too quickly in response to machining.

Producing IN625 parts with additive manufacturing is fast, safe and more cost-effective than subtractive machining from stock for this class of material. Users can directly print and sinter final, end-use parts or near-net shape parts that can be precision machined for key surfaces with ease.

To learn more about Desktop Metal materials, or see IN625 material data sheets across our portfolio, visit www.desktopmetal.com/materials.

About Desktop Metal

Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the world’s 30 most promising Technology Pioneers by the World Economic Forum and named to MIT Technology Review’s list of 50 Smartest Companies. For more information, visit 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, 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. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220913006277/en/

Media Relations:

Sarah Webster

(724) 516-2336

Sarahwebster@desktopmetal.com



Investor Relations:

Jay Gentzkow

(781) 730-2110

jaygentzkow@desktopmetal.com

Source: Desktop Metal, Inc.

FAQ

What recent announcement did Desktop Metal make regarding IN625?

Desktop Metal announced the qualification of nickel alloy Inconel 625 (IN625) across its entire 3D printing portfolio.

Which systems can now utilize IN625 as a qualified material?

IN625 is qualified for the Production System™, Shop System, X-Series models, and Studio System™ 2.

How many qualified materials does Desktop Metal now offer?

Desktop Metal now offers 18 qualified materials for 3D printing.

What industries will benefit from the use of IN625 in 3D printing?

Industries such as aerospace, chemical processing, and offshore energy are expected to benefit from IN625.

What advantages does additive manufacturing of IN625 provide?

Additive manufacturing of IN625 offers faster, safer, and more cost-effective production compared to traditional machining.