Desktop Metal Announces Update on Cost Reduction Plans for 2023 to Accelerate Path to Profitability
-Successful execution of June 2022 cost savings initiative delivered $50 million in annualized savings
-Plan announced today adds additional $50 million, to deliver an aggregate savings of $100 million per year, double the target outlined in 2022
-Four facilities are slated to be closed and consolidated into hub locations in the United States, and a workforce reduction of approximately 15% is planned
-Reduction plan will improve margins, reduce COGS, and operating expenses and strengthen Desktop Metal's position as a leader in Additive Manufacturing 2.0
nano3Dprint Announces Collaboration with the Luskin Orthopaedic Institute for Children and Billi Research Lab
Lab's goal is to build integrated microcontroller systems for sensor-embedded devices
3DPRINTUK KICKSTARTS 2023 BY INCREASING MJF CAPACITY BY 50% & ADDING ANOTHER SLS MACHINE
3DPRINTUK closed out 2022 with news of its ISO 9001 accreditation - a major milestone for the company. As 2023 gets underway, however, the company is continuing its pattern of year-on-year growth and expansion according to its planned internal investment strategy.
Lockheed Martin Ventures Invests in On-Demand Manufacturing Pioneer Machina Labs
The investment will be used to accelerate company growth to meet customer demand, and to expand R&D into additional processes and metallurgical offerings.
Weber State University installs Impossible Objects CBAM 3D Printer to advance aerospace research
The Composite-Based Additive Manufacturing (CBAM) system is installed at Weber State University's MARS Center at Hill Air Force Base, Utah
UltiMaker Launches the S7 - The New Flagship S-Series 3D Printer
The UltiMaker S7 builds on the award winning S-Series printers, with new features including an integrated Air Manager and a flexible build plate which takes ease-of-use and reliability to a new level
3DEO LAUNCHES 316L STAINLESS STEEL IN HIGH-VOLUME METAL 3D PRINTING
Material exceeds MIM standards; ideal material for medical, aerospace, and industrial markets.
Proving Out Metal AM for Distributed Manufacturing on a Global Scale
Network of contract manufacturers enables IMI Critical and Velo3D to print the same certified part in six locations and three different countries
Sakuu Selects Porsche Consulting for Design of Commercial-Scale Battery Manufacturing Plants
Porsche Consulting to design Sakuu's first-of-its-kind additive manufacturing gigafactory for commercial production of 3D printed lithium-metal and solid-state batteries
ACCUMOLD MAKES NEW STRATEGIC MICRO AM MOVE
The continued integration of precision micro AM at Accumold complements the micro molding services that the company already provides and which it has been innovating for over 30 years.
FITTLE and Velo3D Begin New Financing Partnership for Metal Additive Manufacturing Solutions
Breathing new life into a previously stagnant metal additive manufacturing industry, Velo3D created an innovative end-to-end process that enables customers in aviation, power generation, energy and semiconductor industries to better design and print the parts they need.
Toyota Cuts Manufacturing Costs with Zortrax 3D Printers
Toyota's factories in Poland mount engines in the cars assembled in Europe, where the vehicles hit the roads, satisfying all the customers, who value comfort and reliability most. Toyota hires more than 3 thousand employees, and thanks to optimized processes, they meet the needs of the ever-growing automotive market. To shorten the manufacturing time of various instruments and reduce the production costs, the factories use Zortrax 3D printing solutions.
How to Design for HP Multi Jet Fusion
Each 3D printing technology has a unique set of design recommendations to ensure the best result. We would like to share the design specifications provided by HP for their HP Multi Jet Fusion 3D printing technology to help you achieve the best results possible.
Nexa3D Starts Shipping Its High-Throughput Laser Sintering Platform, the QLS 820
-Company has now started shipping its previously announced high-throughput thermoplastic production system
-First commercial installs at Quickparts and JawsTec, both high utilization additive manufacturing service providers
How 3D Printing Is Changing the World
In this blog, Knight Optical, the leading supplier of optical components for a wide range of industries (including the 3D printing sector), runs through the most impressive innovations in the world of 3D printing
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