Desktop Metal, Inc.

Last price update: 18 Apr 24 23:00 GMT

Price:
$0.83
Open:
$0.86
Previous close:
$0.86
Day's range:
$0.81 - $0.86
Year's range:
$0.46 - $2.30
Net Income per Share:
-1.00
Price-to-Earnings ratio:
-0.83
52-week Price Range:
$0.72
Volume:
$2,492,424.00
Average volume:
$3,634,933.00

Company profile for Desktop Metal, Inc.

Desktop Metal, Inc. logo

Desktop Metal, Inc. is a technology manufacturing and development firm that produces both industrial and office-based 3D printing technologies for businesses in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It currently provides solutions in the form of Production System, Shop System, X-Series, Studio System, and Fiber Platform as well as various other industrial-grade 3D printing solutions.

The Production System offers an industrial manufacturing solution designed to provide improved speed, accuracy, and quality while decreasing development timelines. It is equipped with the company’s patented Bound Metal Deposition (BMD) technology which has been designed to enable the creation of high-quality metal parts at a fraction of the cost and at a faster rate. The Shop System is a mid-volume binder jetting platform that facilitates improved quality, speed, and functionality, with improved durability and repeatability when compared to traditional manufacturing methods.

The company also provides several specialty solutions such as the Xtreme 8K platform, the Einstein series, P4K platform, Envision One platform, D4K Pro platform, S-MAX platform, and its RoboAdditive Manufacturing (RAM) platform. These solutions are designed for industries such as automotive, aerospace, healthcare and dental, consumer products, heavy industry, and more. Its S-Print solution is an entry-level solution for prototyping and small-scale production in digital casting applications and its 3D-Bioplotter platform is a specialized bioprinting solution.

Desktop Metal Inc. was founded in 2015 in Burlington, Massachusetts and is backed by a group of world-renowned investors including Koch Disruptive Technologies and New Enterprise Associates. The company has a worldwide customer base of over 1,000 companies and has become an industry leader in 3D printing solutions. In 2020, the company was listed on the New York Stock Exchange and has been making notable advancements in the 3D printing industry ever since.

Stock exchanges:
NYSE
Sector:
Technology
Industries:
Computer Hardware
Ticker:
DM
CIK:
1754820
ISIN:
US25058X1054
Website:
https://www.desktopmetal.com
Phone:
978 224 1244
Origin:
United States
Employees:
1,370