Desktop Metal wins $ 7.9 million worth of 3D printers from a mysterious German car manufacturer

Desktop Metal announced that it has received a $ 7.9 million order from a major German-based automaker. The unnamed company is expected to use new Binder Jetting 3D printers to mass-produce metal parts for automotive powertrains. Desktop Metal already serves several global automotive brands such as BMW, Renault, Continental and Ford, many of which use 3D printing technology to manufacture their final automotive components.

“We are proud to partner with many of the world’s major automotive OEMs to expand their use in additive manufacturing to the series production of automotive end components,” said Ric Fulop, Desktop Metal Founder and CEO. and the economy that make our binder jetting solutions the most advanced in the world, and a testament to our teams who have worked tirelessly to make our vision of mass production through additive manufacturing a reality. “

Since going public at the end of last year, Desktop Metal has acquired a number of other industrial 3D printing companies to accelerate its growth. The most notable of these acquisitions were EnvisionTEC and the competing manufacturer of 3D jetting binder ExOne printers. The company also recently acquired Belgian manufacturer of coating systems, Aerosint and Aidro, a manufacturer of hydraulic power systems.

Source: www.desktopmetal.com