In the shadow of a potential merger with Stratasys, Desktop Metal announced the sale of its Binder Jetting Production System P-50 3D printers and its full fleet of other devices to FreeFORM Technologies. The main investor of FreeFORM is Ryerson Holding Corporation – an industrial metals distributor operating in the United States, Canada, Mexico and China.
FreeFORM based in St. Marys, Pennsylvania, currently operates a fleet of 25 metal 3D printers, which Desktop Metal says is its largest product line owned by a single customer. The company says it has production orders for printed metal parts for hundreds of customers around the world. To date, the company has produced over 350,000 parts using binder jetting technology for customers in the industrial, defense, medical, robotics and consumer goods markets. Its plant is also equipped with traditional production and quality control tools.
Founded in 2020, FreeFORM has partnered with Ryerson Holding Corporation, a leading processor and distributor of industrial metals and a major investor in FreeFORM since 2022. In total, FreeFORM currently operates 25 Desktop Metal printers, including Production System, Shop System and X-Series, which enable efficient production of small and medium-sized components. The company offers additive manufacturing of a wide range of metals on its 3D printers, including 17-4PH, 316L and 420 stainless steels, as well as 4130, 4140 and 4340 low-alloy steels and S7 and M2 tool steels.
Source: www.desktopmetal.com
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