ExOne Announces the Pressburg Mint of Slovakia has Purchased Two X1 160Pro™ Metal 3D Printers to Produce Silver Investment Coins and High-Performance Steel Parts for Wide Range of Industries

Rhea-AI Summary

The ExOne Company (NASDAQ: XONE) has announced the sale of two X1 160Pro metal 3D printers to the Pressburg Mint in Slovakia. These systems will enable the mint to produce numismatic and investment coins, including a series of high-relief silver coins. The first coin, featuring a crowned lion, will be showcased at Formnext 2021 in Frankfurt, Germany, from November 16-19. The investment marks a significant step in modernizing the minting process, integrating advanced 3D printing technology into a 2500-year-old tradition.

Positive

• Sale of two X1 160Pro systems to Pressburg Mint expands ExOne's market presence in Europe.
• Introduction of innovative high-relief silver coins could attract collectors and enhance revenue.

Negative

• None.

• The two extra-large metal 3D printing systems will be operated by Printy, a division of the Pressburg Mint created to 3D print numismatic and investment coins, as well as other goods for customers within their newly launched 3D printing service
• One of the machines will be dedicated to 3D printing Silver 925, a precious metal, with the other system printing parts from 316L stainless steel and other materials for customers
• ExOne binder jet 3D printing will allow Pressburg Mint to offer progressive new design opportunities, such as 3D shaped coins, to the centuries-old tradition of minting that has been using essentially the same manufacturing technique from its inception 2500 year ago
• The first of a series of ultrahigh-relief silver coins featuring a crowned lion with a mirror finish and blue diamonds will be on display at Formnext 2021 in Frankfurt, Germany

NORTH HUNTINGDON, Pa.--(BUSINESS WIRE)-- The ExOne Company (Nasdaq: XONE), the global leader in industrial sand and metal 3D printers using binder jetting technology, today announced that two of the first five X1 160Pro metal 3D printers sold have been purchased by the Pressburg Mint, Slovakia.

Two extra-large X1 160Pro metal 3D printing systems will be operated by Printy, a division of the Pressburg Mint of Slovakia, created to 3D print numismatic and investment coins, as well as other goods for customers within their newly launched 3D printing service. The first of a series of ultrahigh-relief silver coins featuring a crowned lion with a mirror finish and blue diamonds will be on display at Formnext 2021 in Frankfurt, Germany, from Nov. 16-19. (Graphic: Business Wire)

The Pressburg Mint is a modern private company that is reviving the minting history of the capital city of Slovakia – Bratislava, which received the right of coinage in 1430 and once minted coins for the Holy Roman Empire and the Austro-Hungarian empire. Although the historical mint ceased its activities in the 18th century, the right of coinage was never abolished. Pressburg Mint was created to continue this rich tradition.

“Our two X1 160Pro systems will allow us to take our designs to the next level with full production scale metal 3D printing in Central Europe,” said Radoslav Behul, CEO of Printy at the Pressburg Mint. He credits ExOne with helping Printy develop Silver 925 for binder jet 3D printing and noted that high-relief coins are difficult to execute with traditional techniques, making them highly valued by collectors.

The first of Printy’s series of limited edition high-relief crowned lion coins in silver will be on display at Formnext 2021 in Hall 12.0, Booth A133. Printy will also have binder jet 3D printed parts on display in ExOne’s booth in Hall 12.0, booth D69.

About ExOne

ExOne (Nasdaq: XONE) 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, metalcasting 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™.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211111005671/en/

Sarah Webster

Chief Marketing Officer

724.516.2336

sarah.webster@exone.com

Source: The ExOne Company

FAQ

What recent announcement did ExOne make regarding their 3D printers?

ExOne announced the sale of two X1 160Pro metal 3D printers to the Pressburg Mint in Slovakia.

What will the Pressburg Mint use the new ExOne printers for?

The Pressburg Mint will use the printers to create numismatic and investment coins, including high-relief silver coins.

When will the new coins from Pressburg Mint be displayed?

The first high-relief coin will be displayed at Formnext 2021 in Frankfurt, Germany, from November 16-19.

How does the X1 160Pro affect the traditional minting process?

The X1 160Pro introduces modern 3D printing technology, allowing for innovative designs in coin production.

What is the significance of the sale of X1 160Pro printers for ExOne?

The sale enhances ExOne's presence in the European market and demonstrates the growing demand for advanced 3D printing solutions.