STOCK TITAN

ExOne Announces Pioneering Binder Jet 3D Provider to Use Innovent+ Metal 3D Printer

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

The ExOne Company (Nasdaq: XONE) has announced the delivery of the Innovent+ 3D printer to FreeFORM Technologies, a new metal binder jetting contract manufacturer. This partnership highlights the growing demand for ExOne's binder jetting technology, which provides efficient metal production without costly tooling. FreeFORM aims to specialize in metal parts, starting with materials like 17-4PH and 316L stainless steels. ExOne's Innovent+ is recognized for its high speed and material flexibility, making it a leading solution in the 3D printing market.

Positive
  • ExOne delivered its Innovent+ 3D printer to FreeFORM Technologies, expanding its market reach.
  • The partnership with FreeFORM highlights the increasing adoption of binder jetting technology.
  • Innovent+ is known for its high speed, low waste, and diverse material use, strengthening ExOne's competitive position.
Negative
  • None.

NORTH HUNTINGDON, Pa.--()--The ExOne Company (Nasdaq: XONE), the global leader in industrial sand and metal 3D printers using binder jetting technology, today announced that FreeFORM Technologies, a new 3D printing contract manufacturer and engineering service bureau focused on metal binder jetting has accepted delivery of its first system, an Innovent+.

“ExOne is proud to partner with the innovative and experienced team at FreeFORM, who will help customers tap the incredible value offered by our high-speed binder jetting technology,” said John Hartner, ExOne’s CEO. “This team demonstrates how binder jetting is a perfect complement to metal injection molding (MIM) operations.”

Based in St Marys, Pennsylvania – known as the Powdered Metal Capital of the World – FreeFORM was founded this fall by a team of engineers experienced in MIM, powder metallurgy, engineering software, and automation.

“We believe metal binder jetting is a revolutionary technology that represents the next generation of metal production using metal powders,” said FreeFORM President Nate Higgins. “We’re excited to begin producing parts on our Innovent+ and to help customers tap the benefits of complex metal parts without the need for expensive tooling. Binder jetting can also affordably produce lower volumes of MIM-like parts and consolidated or lightweight parts that deliver more value. We’re committed to providing world-class engineering and manufacturing services around binder jetting.”

ExOne’s patented binder jet 3D printing process transforms powdered materials — metal, sand or ceramic — into highly dense and functional precision parts at high speeds. An industrial printhead selectively deposits a binder into a bed of powder particles creating a solid part one thin layer at a time, just like printing on sheets of paper. The technology is viewed as a desirable and sustainable production method, largely because of its high speed, low waste and cost, as well as material flexibility.

Launched in 2016, the Innovent family of 3D printers has become the world's best-selling and most-researched metal binder jetting system, with machines installed worldwide at some of the world's best-known universities and industrial brands. The Innovent+ is compact, easy to use, and affordable. Loaded with ExOne’s patented Triple Advanced Compaction Technology (ACT), the system delivers industry-leading quality and repeatability, with final dimensional tolerances routinely below 1% with tuning.

ExOne has qualified more than 20 metal, ceramic and composite materials for its patented binder jetting process. FreeFORM intends to focus primarily on metal part production, with stainless steels such as 17-4PH and 316L, as well as M2 Tool Steel. The new company also intends to qualify materials internally and for customer-specific applications.

About ExOne

ExOne is the pioneer and global leader in binder jet 3D printing technology. Since 1995, we’ve been on a mission to deliver powerful 3D printers that solve the toughest problems and enable world-changing innovations. Our 3D printing systems quickly transform powder materials — including metals, ceramics, composites and sand — into precision parts, metal casting molds and cores, and innovative tooling solutions. Industrial customers use our technology to save time and money, reduce waste, improve their manufacturing flexibility, and deliver designs and products that were once impossible. As home to the world’s leading team of binder jetting experts, ExOne also provides specialized 3D printing services, including on-demand production of mission-critical parts, as well as engineering and design consulting. Learn more about ExOne at www.exone.com or on Twitter at @ExOneCo. We invite you to join with us to #MakeMetalGreen™.

About FreeFORM

FreeFORM is a first-of-its-kind metal binder jet 3D printing contract manufacturer. Founded in 2020 by a group of engineers, FreeFORM aims to bring binder jet technology to the masses through technology adoption. FreeFORM’s co-founders bring a diverse outlook into metals manufacturing and are committed to providing world-class services to the customer while providing low cost of ownership and speed to market. Our vision is to be the benchmark for additive manufacturing. Learn more about FreeFORM at www.freeformtech.com

Contacts

Media:
Sarah Webster
Chief Marketing Officer
724-516-2336
sarah.webster@exone.com

FAQ

What is the recent announcement from ExOne regarding XONE?

ExOne announced the delivery of its Innovent+ 3D printer to FreeFORM Technologies, a new metal binder jetting contract manufacturer.

What materials will FreeFORM produce using ExOne's technology?

FreeFORM will focus on producing metal parts, starting with stainless steels like 17-4PH and 316L.

How does ExOne's binder jetting technology benefit manufacturers?

Binder jetting technology allows for the production of complex metal parts without expensive tooling, enhancing manufacturing efficiency.

What advantages does the Innovent+ printer offer?

The Innovent+ printer provides high speed, low waste, and the ability to work with a variety of materials, which is beneficial for 3D printing.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF

NYSE:XONE

XONE Rankings

XONE Latest News

XONE Stock Data

8.34M
Printing Trades Machinery & Equipment
United States of America
NORTH HUNTINGDON