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Desktop Metal, Inc. - DM STOCK NEWS

Welcome to our dedicated page for Desktop Metal news (Ticker: DM), a resource for investors and traders seeking the latest updates and insights on Desktop Metal stock.

Desktop Metal, Inc. (DM) is revolutionizing the way design and manufacturing teams produce metal parts, covering the entire process from prototyping to mass production. The company leverages advancements in materials science, hardware and software engineering, and design to provide an innovative 3D printing solution for both metal and carbon fiber. This accessibility allows engineers, designers, and manufacturers to efficiently create complex parts.

Founded with a strong vision and supported by significant investments amounting to $212 million from industry leaders like Google, BMW, Lowe’s, and Kleiner Perkins Caufield & Byers, Desktop Metal has established itself as a frontrunner in the 3D printing industry. In recognition of its potential and innovative approach, the company was listed among the world’s 30 most promising technology pioneers by the World Economic Forum in 2017 and was also included in MIT Technology Review’s list of the 50 smartest companies.

Headquartered just outside of Boston, Desktop Metal is on a mission to assemble a team of experts. The company actively seeks curious and driven engineers, scientists, and designers to push the boundaries of what's possible in additive manufacturing.

Desktop Metal's 3D printing technologies are pivotal in the design and development of automotive parts, consumer goods, industrial equipment, and mechanical systems. Their products are shipped globally, covering markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC), with the Americas being their largest revenue source.

Continuously striving for excellence, the company has made significant strides in the healthcare sector through Desktop Health, showcasing their versatile and expansive application of 3D printing technology.

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Desktop Metal, Inc. (NYSE: DM) has rescheduled its earnings call to 7:00 a.m. ET on November 9, 2023, to align with the timing of the Company's earnings release.
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Desktop Metal, Inc. (NYSE: DM) will report Q3 2023 financial results on November 9, 2023. A summary presentation will be available online. A conference call will be held at 12:00 p.m. ET to discuss the results.
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Desktop Health's 3D-Bioplotter Manufacturer Series was used by Hannover Medical School's ENT clinic to produce a customized ear implant with drug release benefits for an adult patient. This marks the first time the 3D-Bioplotter has been used to customize an ear implant for a patient's individual anatomy. The clinic's achievement is seen as a pioneering advancement in patient care.
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Desktop Metal collaborates with Schaeffler AG on additive manufacturing of multi-material powders
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Desktop Metal launches ETEC Pro XL, a premium polymer DLP printer at a price below $40,000. The printer offers extreme accuracy, resolution, and surface finish in a large build area with high throughput speeds. It features a 4K ultra high-definition projector, HyperPrint technology for faster print times, and compatibility with a wide range of industrial, jewelry, and health photopolymers. The ETEC Pro XL is based on the reliable chassis of the EnvisionTEC Perfactory and is Additive Manufacturing 2.0 enabled.
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Desktop Metal terminates merger agreement with Stratasys Ltd.
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Desktop Health's Flexcera Smile Ultra+ dental resin is now available for purchase in Europe after receiving Class IIa medical device certification under EU MDR.
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Desktop Metal launches Live Monitor, a software application that provides real-time data from printing systems to improve efficiency and management. Live Monitor offers helpful dashboards for capacity planning and maintenance management. It will be offered to users of select Desktop Metal printers and furnaces, with plans to expand to other equipment brands.
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Desktop Metal stockholders approve merger agreement with Stratasys, but Stratasys stockholders do not vote in favor, resulting in termination of the agreement. Desktop Metal remains confident in its business trajectory and focuses on reducing costs and generating revenue. Cash on hand is $127.6 million.
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Stratasys terminates merger agreement with Desktop Metal and explores strategic alternatives. Shareholder rights plan extended. No concrete numbers provided.
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FAQ

What is the current stock price of Desktop Metal (DM)?

The current stock price of Desktop Metal (DM) is $4.4 as of November 21, 2024.

What is the market cap of Desktop Metal (DM)?

The market cap of Desktop Metal (DM) is approximately 151.1M.

What does Desktop Metal, Inc. specialize in?

Desktop Metal specializes in 3D printing for metal and carbon fiber, aimed at design and manufacturing teams for prototyping and mass production.

Where is Desktop Metal headquartered?

Desktop Metal is headquartered just outside of Boston, Massachusetts.

Who are some of the notable investors in Desktop Metal?

Notable investors include Google, BMW, Lowe’s, and Kleiner Perkins Caufield & Byers.

What industries can benefit from Desktop Metal's 3D printing technology?

Industries such as automotive, consumer goods, industrial equipment, and mechanical systems can benefit from Desktop Metal's 3D printing technology.

In which regions does Desktop Metal ship its products?

Desktop Metal ships its products to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC).

What notable recognitions has Desktop Metal received?

Desktop Metal was named one of the world’s 30 most promising technology pioneers by the World Economic Forum in 2017 and was included in MIT Technology Review’s list of the 50 smartest companies.

How much equity funding has Desktop Metal raised?

Desktop Metal has raised $212 million in equity funding.

What is the main revenue source for Desktop Metal?

The main revenue source for Desktop Metal is the Americas.

How does Desktop Metal contribute to the healthcare sector?

Through Desktop Health, Desktop Metal applies its 3D printing technology to create innovative solutions for the healthcare sector.

What kind of professionals is Desktop Metal looking to hire?

Desktop Metal is looking to hire curious and driven engineers, scientists, and designers to join their team.

Desktop Metal, Inc.

NYSE:DM

DM Rankings

DM Stock Data

151.11M
23.89M
28.33%
35.31%
8.1%
Computer Hardware
Special Industry Machinery, Nec
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United States of America
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