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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.

Overview

Desktop Metal Inc (symbol: DM) is a transformative force in the advanced manufacturing landscape, pioneering the integration of 3D printing technology into metal and carbon fiber parts production. Employing a cutting-edge approach that combines materials science, hardware and software engineering, and innovative design, the company delivers solutions that streamline the entire process from rapid prototyping to scalable mass production. Industry-specific keywords such as "3D printing", "additive manufacturing", and "design innovation" underscore its technical expertise and market impact.

Core Business Operations

The company specializes in creating high-quality metal parts through state-of-the-art 3D printing techniques that cater to diverse applications. By reinventing traditional manufacturing processes, Desktop Metal Inc enables design and engineering teams to rapidly iterate prototypes and efficiently transition to full-scale production. Its robust ecosystem of technologies and integrated workflows addresses the needs of sectors such as automotive, consumer goods, industrial equipment, and mechanical systems.

Technological Innovation

At the heart of Desktop Metal Inc's operations is its innovative approach to additive manufacturing. The company continually refines its processes to improve reliability, precision, and production speed while maintaining high standards of quality. Leveraging the latest advancements in materials science coupled with sophisticated software and hardware solutions, the firm provides a versatile platform that supports a wide range of manufacturing challenges and applications.

Market Reach and Global Presence

Operating across key global regions, including the Americas, Europe, the Middle East, Africa, and the Asia Pacific, Desktop Metal Inc has strategically positioned itself to serve a broad spectrum of markets. While the company derives a significant portion of its revenue from the Americas, its innovative solutions have cemented its presence across multiple continents, reinforcing its commitment to making advanced metal 3D printing accessible to diverse engineering and manufacturing communities.

Industry Impact and Recognition

Desktop Metal Inc has garnered attention from industry observers and experts by showcasing its pioneering work in the 3D printing sector. This recognition is a testament to its dedication to redefining manufacturing paradigms through a blend of technical ingenuity and practical applications. The company’s collaborative efforts in research and continuous innovation help it to maintain a competitive edge by addressing complex manufacturing challenges with precision and scalability.

Competitive Position and Value Proposition

The core value proposition of Desktop Metal Inc lies in its ability to bridge the gap between traditional manufacturing methods and futuristic additive processes. By combining state-of-the-art technology with an in-depth understanding of materials and design, the company offers a unique solution that not only enhances production efficiency but also opens new possibilities in product development. Its integrated approach and commitment to technological excellence set it apart in a competitive market, ensuring that design and manufacturing teams can achieve optimal outcomes with reliable, high-quality metal parts.

Conclusion

In summary, Desktop Metal Inc exemplifies the evolution in manufacturing, reinforcing its position as a critical player in the field of metal 3D printing. Through its commitment to research, innovative design, and efficient production, the company provides robust solutions that empower a wide array of industries to achieve greater precision and versatility in manufacturing. Its holistic approach and expert integration of engineering disciplines make it a noteworthy entity in the landscape of advanced manufacturing technologies.

Rhea-AI Summary
FreeFORM acquires the world's largest fleet of Desktop Metal binder jet 3D printers, including 25 DM printers, offering additive manufacturing of various metals. Strategic partnership with Ryerson Holding Corporation. FreeFORM now 3D prints production jobs for global customers. Capabilities to be showcased at Fabtech event. Positive outlook for cost efficiency and speed to market.
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Stratasys announces mailing of proxy materials for the Extraordinary Meeting of Shareholders to vote on the merger with Desktop Metal, creating a next-generation additive manufacturing company. The merger is expected to accelerate growth, generate cost and revenue synergies, and increase revenue and EBITDA by 2026.
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Desktop Metal announces special meeting for consideration and voting on the merger agreement with Stratasys. The combined company aims to generate over $1.6 billion in revenue and more than $300 million of adjusted EBITDA in 2026, with a targeted pro forma margin of 20%. The transaction is expected to create significant cross-sell potential and synergies, with approximately $50 million in additional run rate cost synergies and $50 million in annual run-rate revenue synergies by 2025. The closing of the transaction is expected in Q4 2023.
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Desktop Metal, Inc. (NYSE: DM) reported revenue of $53.3 million for Q2 2023, a 29% increase from the previous quarter. The company achieved its best quarter of adjusted EBITDA since going public. Cash, cash equivalents, and short-term investments closed at $127.6 million. Desktop Metal reaffirmed its full-year 2023 guidance of revenue between $210 to $260 million and adjusted EBITDA between $(50) to $(25) million. The company also announced a definitive agreement to combine with Stratasys in an approximately $1.8 billion all-stock transaction.
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Desktop Health, a medical 3D printing brand of Desktop Metal, has launched PrintRoll, an innovative rotating build platform for the 3D-Bioplotter bioprinting system. PrintRoll enables the 3D printing of cylindrical medical solutions for the body's internal channels. The 3D-Bioplotter is a highly sophisticated 3D printer that offers modular functionality and is the world's most cited and researched bioprinter. The PrintRoll add-on feature has received 510(k) clearance from the FDA. The platform is compatible with 4th Generation 3D-Bioplotter models and is available for pre-order.
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Stratasys announces that its Board of Directors has determined that 3D Systems' revised proposal to acquire Stratasys would reasonably be expected to result in a 'Superior Proposal' as defined in Stratasys' merger agreement with Desktop Metal. Stratasys intends to engage in discussions with 3D Systems regarding the proposal.
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Stratasys confirms receipt of revised unsolicited proposal from 3D Systems
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FAQ

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

The current stock price of Desktop Metal (DM) is $4.96 as of April 1, 2025.

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

The market cap of Desktop Metal (DM) is approximately 166.0M.

What does Desktop Metal Inc specialize in?

Desktop Metal Inc specializes in advanced 3D printing solutions that enable the production of metal and carbon fiber parts from rapid prototyping to mass production.

How does the company streamline the manufacturing process?

The company integrates state-of-the-art technology with materials science, hardware/software engineering, and design innovation to facilitate a seamless workflow from concept to full-scale production.

Which industries benefit from Desktop Metal Inc's solutions?

Industries such as automotive, consumer goods, industrial equipment, and mechanical systems benefit from the versatile and efficient 3D printing capabilities offered by the company.

What is the competitive advantage of Desktop Metal Inc?

Its competitive advantage stems from a unique combination of advanced additive manufacturing processes, a deep understanding of materials science, and an integrated approach to design and engineering.

In which regions does Desktop Metal Inc operate?

The company serves a global market with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific, ensuring broad market accessibility.

How does Desktop Metal Inc maintain its technological edge?

It continuously refines its manufacturing processes by investing in research and leveraging innovations in both hardware and software engineering to meet evolving industry standards.

How does Desktop Metal Inc support both prototyping and mass production?

The company's platform is designed to be flexible and scalable, allowing for rapid prototyping and seamless transition to high-volume manufacturing without compromising quality.

What makes Desktop Metal Inc's solutions versatile for various applications?

Their technology provides high precision and efficiency, making it adaptable for diverse applications, ranging from small-batch prototypes to full-scale industrial production.
Desktop Metal Inc

NYSE:DM

DM Rankings

DM Stock Data

166.04M
20.04M
39.88%
35.22%
8.54%
Computer Hardware
Special Industry Machinery, Nec
Link
United States
BURLINGTON