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CBL Patras collaborates with Lino SA

24/10/2022

CBL Patras S.A. started from the scientific research of Professor Kleomenis Barlos (founder and main shareholder), at the University of Patras in 1989, with some innovative products that were immediately recognized by the scientific and research community as basic raw materials (Barlosresins), which revolutionized the production methods of peptides and small proteins used as drugs, vaccines, diagnostics, cosmetics and food supplements.

Since its inception, CBL has maintained strong roots as a peptide technology company, demonstrating the role of technology in commercial applications. For more than 30 years, innovative products have been developed by the company, which has based its development on the constant evolution of technology and science. New materials find application in drug discovery and production, particularly peptides and small proteins.

CBL is the first company in Greece to receive a license from the Greek Food and Drug Administration (EOF) in 2011 to produce active pharmaceutical ingredients (APIs). This license in 2012 was extended to the production of finished products (liquid & lyophilized injectables).

Recently the company decided to expand its equipment by investing in two new machines for prosthetic manufacturing technology. The capabilities of additive manufacturing in pharmaceutical production allow a high level of control over when a drug is released into the body and how the pharmacodynamics of the drug can be altered by changing its composition and shape. These are the D4K printers from ETEC and W50 epsilon series from BCN3D, companies that Lino SA represents in Greece, Cyprus and the Balkans.

ETEC offers a variety of 3D printing systems capable of mass producing polymer components with the speed and quality required for demanding end-use applications. ETEC’s printers produce parts with exceptional accuracy, superior part properties, fine feature detail and smooth surface finishes at a scale and cost competitive with traditional manufacturing techniques.

ETEC’s D4K operates with DLP (Digital Light Processing) technology, invented and established in the market by ETEC itself. The printer provides highly accurate components with the best possible detail. The D4K is compatible with most materials in ETEC’s wide range of materials, including options suitable for medical, pharmaceutical and end-use applications. The D4K is based on the most reliable 4K DLP projector.

Based in Barcelona, BCN3D is one of the world’s leading developers and manufacturers of 3D printing solutions. They strongly support providing the best quality solutions to both professionals and industrial level users. Above all, the company’s goal is to enable creatives and innovators to bring their ideas to life by providing a platform for creativity. Some of our clients include Nissan, BMW, NASA, Camper, Louis Vuitton and the Massachusetts Institute of Technology (MIT).

The Epsilon W50 is a powerful professional 3D printer designed for large-scale part production with industrial-grade materials, thanks to features such as a passive heated chamber and full enclosure. Powered by the Independent Dual Extruder (IDEX) system, the Epsilon W50 delivers extremely powerful functional parts with quality and precision.

Η CBL PATRAS ΣΥΝΕΡΓΑΖΕΤΑΙ ΜΕ ΤΗΝ LINO SA

24/10/2022

Η CBL Patras S.A. ξεκίνησε από την επιστημονική έρευνα του καθηγητή Κλεομένη Μπάρλου (ιδρυτής και βασικός μέτοχος), στο Πανεπιστήμιο Πατρών το 1989, με κάποια πρωτοποριακά προϊόντα τα οποία έτυχαν άμεσης αναγνώρισης από την επιστημονική και ερευνητική κοινότητα ως βασικές πρώτες ύλες (Barlosresins), οι οποίες βελτίωσαν με επαναστατικό τρόπο τις μεθόδους παραγωγής πεπτιδίων και μικρών πρωτεϊνών που χρησιμοποιούνται σαν φάρμακα, εμβόλια, διαγνωστικά, καλλυντικά και συμπληρώματα διατροφής.

Από την ίδρυσή της, η CBL διατηρεί ισχυρές ρίζες ως εταιρεία τεχνολογίας πεπτιδίων, αποδεικνύοντας το ρόλο της τεχνολογίας στις εμπορικές εφαρμογές. Για περισσότερα από 30 χρόνια αναπτύσσονται καινοτόμα προϊόντα από την εταιρεία, η οποία έχει βασίσει την ανάπτυξη της στην διαρκή εξέλιξη της τεχνολογίας και της επιστήμης. Νέα υλικά βρίσκουν εφαρμογή στην ανακάλυψη και παραγωγή φαρμάκων και ιδιαίτερα των πεπτιδίων και των μικρών πρωτεϊνών.

Η CBL είναι η πρώτη εταιρεία στην Ελλάδα που το 2011 έλαβε από τον ΕΟΦ άδεια παραγωγής δραστικών συστατικών φαρμάκων (APIs). Η άδεια αυτή το 2012 επεκτάθηκε και στην παραγωγή τελικών προϊόντων (υγρά &λυοφιλα ενέσιμα).

Πρόσφατα η εταιρεία αποφάσισε να διευρύνει τον εξοπλισμό της, επενδύοντας σε δύο νέα μηχανήματα προσθετικής κατασκευής τεχνολογίας. Οι δυνατότητες της προσθετικής κατασκευής στη φαρμακευτική παραγωγή επιτρέπουν υψηλό επίπεδο ελέγχου σχετικά με το πότε ένα φάρμακο απελευθερώνεται μέσα στο σώμα και πώς μπορεί να μεταβληθεί η φαρμακοδυναμική του φαρμάκου αλλάζοντας τη σύνθεση και το σχήμα του. Πρόκειται για τους εκτυπωτές D4K από την ETEC και W50 epsilon series από την BCN3D, εταιρείες, τις οποίες η Lino SA αντιπροσωπεύει σε Ελλάδα, Κύπρο και Βαλκάνια.

Η ETEC προσφέρει μια ποικιλία συστημάτων τρισδιάστατης εκτύπωσης με δυνατότητα μαζικής παραγωγής πολυμερών εξαρτημάτων με την ταχύτητα και την ποιότητα που απαιτούνται για απαιτητικές εφαρμογές τελικής χρήσης. Οι εκτυπωτές της ETEC παράγουν εξαρτήματα με εξαιρετική ακρίβεια, ανώτερες ιδιότητες εξαρτημάτων, λεπτή λεπτομέρεια χαρακτηριστικών και ομαλή επιφάνεια σε κλίμακα και κόστος που είναι ανταγωνιστικά με τις παραδοσιακές τεχνικές κατασκευής.

Ο D4K της ETEC λειτουργεί με την τεχνολογία DLP (Digital Light Processing), την οποία εφηύρε και εδραίωσε στην αγορά η ίδια η ETEC. Ο εκτυπωτής παρέχει εξαιρετικά ακριβή εξαρτήματα με την καλύτερη δυνατή λεπτομέρεια. Ο D4K είναι συμβατός με τα περισσότερα υλικά της ευρείας γκάμας της ETEC, συμπεριλαμβανομένων επιλογών κατάλληλων για ιατρικές, φαρμακευτικές και τελικής χρήσης εφαρμογές. Ο D4K βασίζεται στον πιο αξιόπιστο προβολέα 4K DLP.

Η BCN3D με έδρα τη Βαρκελώνη, είναι ένας από τους κορυφαίους προγραμματιστές και κατασκευαστές λύσεων τρισδιάστατης εκτύπωσης στον κόσμο. Υποστηρίζουν ακράδαντα την παροχή των καλύτερων ποιοτικών λύσεων τόσο σε επαγγελματίες όσο και σε χρήστες βιομηχανικού επιπέδου. Πάνω απ’ όλα, στόχος της εταιρείας είναι να δώσουν τη δυνατότητα στους δημιουργούς και τους καινοτόμους να υλοποιήσουν τις ιδέες τους, παρέχοντας μια πλατφόρμα δημιουργίας. Μερικοί από τους πελάτες μας περιλαμβάνουν τη Nissan, τη BMW, τη NASA, την Camper, τη Louis Vuitton και το Ινστιτούτο Τεχνολογίας της Μασαχουσέτης (MIT).

Ο Epsilon W50 είναι ένας ισχυρός επαγγελματικός τρισδιάστατος εκτυπωτής, σχεδιασμένος για την παραγωγή εξαρτημάτων μεγάλης κλίμακας με υλικά βιομηχανικής ποιότητας, χάρη σε χαρακτηριστικά όπως ο παθητικός θερμαινόμενος θάλαμος και το πλήρες περίβλημα. Ο Epsilon W50, που τροφοδοτείται από το σύστημα Independent Dual Extruder (IDEX), παρέχει εξαιρετικά ισχυρά λειτουργικά εξαρτήματα με ποιότητα και ακρίβεια.

2022 Pinnacle Product Award for Durst and Vanguard

04/10/2022

Durst Image Technology and Vanguard Digital Printing Systems have received seven PRINTING United Alliance 2022 Pinnacle Product Award across multiple Output Device Categories.

Output devices are judged by measuring colour charts and then comparing them to industry specifications. “This is the only competition that reports on the percentage of Adobe RGB a printer can hit,” said Dawn Nye, Program Manager for Pinnacle Awards, PRINTING United Alliance. “Some categories were decided by tenths of a point, so fierce was the competition this year.”

The following products won 2022 Pinnacle Product Awards:

Durst P5 Tex iSub:awarded Roll-to-Roll Direct Disperse Ink on Textile category
Durst Delta SPC 130:awarded Single Pass printer category
Vanguard VR6D-HS:awarded UV/Latex Flatbed ($100K – $200K) category
Vanguard VR6D-HS:awarded UV/Latex Flatbed + White ($100K – $200K) category
Vanguard VR5D-E:awarded UV/Latex Flatbed (under $70K) category
Vanguard VKH900-HS:awarded RTR/hybrid/flatbed new technology category
Vanguard VKR3200:awarded Roll-to-Roll UV (over 80 in.) category

Becky McConnell, Marketing Manager, Durst North America commented, “We are always happy to take part in the Pinnacle Product Award competition, as it allows us another opportunity to highlight our exciting technologies – and we couldn’t be more proud to have won so many awards this year.”

Desktop Metal’s FreeFoam 3D printing and DuraChain resins

11/07/2022

“It represents a class of printable photopolymers that have properties that the world hasn’t seen before.”

In the corner of a mammoth booth at RAPID + TCT, amid displays of over 300 3D printed parts from metal jewellery to light fixtures made from recycled wood, Desktop Metal quietly introduced FreeFoam, a new 3D printing technology that enables the production of expandable foam products.

This latest material development is the product of the company’s recently launched DuraChain family of photopolymers, developed by Adaptive 3D, which was brought into the Desktop Metal family during a succession of major acquisitions throughout last year. These resins are said to provide ‘breakthrough elastic and tough material properties’ for digital light processing (DLP) printing, specifically ETEC’s Xtreme 8K machine, and open up new additive manufacturing (AM) applications in industries such as automotive and consumer goods.

On the show floor in Detroit, TCT spoke to Walter Voit, President and CEO of Adaptive 3D to find out more.

LG: Talk to me about FreeFoam.

WV: FreeFoam is a new class of materials that is part of our DuraChain family of resins. It represents a class of printable photopolymers that have properties that the world hasn’t seen before. What drives them is a technique that we pioneered with a lot of DARPA funding back in the early days, and this was still in academia, called Photo PIPS, which stands for Photo Polymerization-Induced Phase Separation.

In most printable resins you print apart, it hardens, and it has a certain set of properties. To give it more properties, you have to put it in an oven and do other things to it. In this Photo PIPS process, as the resin is curing, it drives a change in miscibility in some of the cured parts and the uncured parts. It drives a force that has this homogenous material, that’s kind of in one phase, start to separate in two phases. And so we get the resulting properties that look like a thermoplastic polyurethane or a thermoplastic elastomer but we get that out of a one part material that can all activate during printing. These two phases in these DuraChain resins separate to -70°C and then up above 100°C and we get very nice elastomeric performance across an almost 200°C temperature range. That lets us solve a lot of interesting problems as an industry that haven’t been solved by traditional elastomers, let alone printed parts.

LG: So what were some of those problems that you were seeing in the industry?

WV: One of the automotive specs that’s needed is survivability. In Alaska or Fargo, the temperatures can get down to negative 40°C and so a lot of automotive parts will get unbridled at that temperature, they’ll squeak, they’ll make noise, they’ll fail unexpectedly. Having our low Tg phase down to -70 gives us a really nice buffer for ultra good elastomeric performance at low temperatures. Moreover, having this high Tg phase up at 120 to 125°C gives us thermal stability to meet most of the applications in cars, oil wells and planes, consumer products and medical devices. There’s some specific under the hood applications and some space applications where we need even higher temperatures and we’re not quite there yet.

FreeFoam is kind of the next evolution of these DuraChain resins and not only do we get all the properties of these phase separated materials, but we can print them small, and then in a 60 second process in an oven, we can volumetrically expand them 2x to 7x.

These all are working on the Xtreme 8K which is the world’s largest top down DLP printer by ETEC and what’s really neat is the ETEC printer used to cost us, let’s say 30 cents on the dollar for a part. so you look at the cost of the 8K, you look at the size of parts you want to make. Let’s say we’re making automotive seat cushions. We look at the number of parts you can make per year, and then you depreciate that over five years or three years or seven years, depending on what kind of business you are. There’s been a cost per part that’s associated with a tool and in most of the 3D industry, that cost per part based on the tool ranges from 30% maybe up to 70%. If we look at injection moulding, blow moulding, some of the world’s great thermoplastic processing technologies, the cost per part that comes from the tool is pennies on the dollar, maybe two to 15 cents, or 15%. What FreeFoam allows us to do is get into these margin regimes, where we can cost effectively make parts that before were only limited to injection moulding and we can print small parts in our more expensive tool, and then rapidly thermally process them and in an inexpensive oven to get these properties

LG: And from what I can see, you can really pack them in, and these are some very large final parts …

WV: Absolutely. It gives us this ability to do ultra high throughput of printing small parts. But then moreover, for shipping, let’s say we’re making car seat cushions over in Asia, and we want to ship them down to Mexico for assembly, you’ll pay a lot per space in a container, a lot more per volume than per weight. It’s just how the global shipping industry works. We can take some of these FreeFoam specimens, even before foaming, we can heat them up and compress them and store them in a temporary shape. So we could be shipping something the size of a college textbook, and it could go through an oven and blow up into something the size of a king size mattress. So if we look at gummed up supply chains, ships being stuck in harbours not delivering goods, the ability to deliver a greater volume of goods more effectively, and then do point of use foaming, because that’s a very simple process, there’s no chemicals, it’s basically running it through a pizza oven.

LG: You’ve spoken about the car seat example and I can see some application examples here in footwear. Can you share any other application areas these DuraChain resins fit into?

WV: The DuraChain materials broadly address problems in several different market segments, transportation and automotive, consumer products, heavy industry, and then several others. For footwear and for wearables, Elastic Tough Tubber (ETR) 90, which is part of the DuraChain family, has passed the specs for biocompatibility.

We work with customers and do a lot of application specific testing. So whereas a lot of the 3D printing world will test the quasi static properties of materials – so you compress them once and see when they break or pull them once and see when they break – We beat up these elastomers over hundreds of thousands of cycles and then study creep, fatigue, wear, compression, fixity, and then engineer the parts subject to the load tensors that our partners need so that we can use mass in the most efficient ways. A lot of 3D printing uses simple tessellated lattices, you take a Body-Centred Cubic (BCC) structure, and then you tessellate that across your part, and it’s pretty good, and it’s pretty strong. But it’s pretty good and strong against forces in all directions – most end products are used in a very specific way. An automotive seat, if you think about how you get in a car, that outer lip takes a lot of force because when you get in a car, you sit down on it, you twist the feet around and so that outer lip needs to really be strengthened. But if the other part of the foam had to be hardened against the same forces, you’d be wasting a lot of mass. And so we’re able to work with with some of the world’s greatest companies that know exactly how consumers engage with our products and we can help them build their products subject to those needs, that uses much less material than conventional technologies. That leads to a lower cost of goods, that leads to a greener cleaner, more sustainable ecosystem and ultimately better margins for us. We can sell less material to solve a greater problem, and there’s margin within the whole supply chain. All of the service providers that make that happen can benefit.

LG: Adaptive3D is now part of Desktop Metal. How is that helping to accelerate this technology?

WV: DM has been an incredible fit, there’s a great cultural fit. They spun out of the material science department at MIT, we came out of the material science department at UT Dallas and then I had my PhD from Georgia Tech where the company actually started. But we have this kind of material centric view of the world, that you can use science to come up with a better solution. And I think there are a lot of companies that need to make money and need to make money immediately and today, and are taking the best they can and really pushing hard the marketing and the prototyping. I think where DM has really built a culture and a team that is world’s best is by going and identifying the marquee technologies that lead to area wide manufacturing, that will dominate by the end of the decade. We’ve had a very patient investor base, and a very great group of technologists that are helping make those technologies a reality so while we do a lot today to service prototyping and small scale processing, we have our eyes on the prize of fundamentally transforming how the world delivers goods and services to customers and a lot of what we’re investing in doing is getting us closer to that by leaps and bounds every quarter. So it’s really exciting to be a part of that ecosystem as an entrepreneur.

LG: This last question is a bit buzzwordy but the way you speak about the transformative process of FreeFoam, it’s similar to how I’ve heard other people define ‘4D printing’. Would you ever use that terminology for this?

WV: I will defer that to our marketing team! But I will leave you with a quote from a good friend from a big shoe company who will remain unnamed but they don’t like to say parts are 3D printed. They want to have a product that delivers superior performance to athletes and they brand it with the best athletes in the world, and are almost agnostic to that technology. In some sense, there is a lot of buzz and hype riding behind 3D printing but our goal is to really deliver value to our end customers by solving hard problems in more elegant technical ways. And FreeFoam does that in the scalable polymer chemistry route, a lot like the P50 does on high throughput metal printing, and Forust does that in wood printing, and the S Max Flex does that in big sand casting. So in each of those cases, we found the key problems in the market that have limited technology from achieving mass adoption, and spent a lot of money and a lot of time and a lot of PhDs, beating their heads against walls, coming up with a way to solve that. So it’s really exciting to be a part of that process and that journey.

Please do read the original article by tct here.

Durst Fespa 2022 – Statement from Nazim Öztahtaci

04/07/2022

Label & Flexible Package Printing

A very enlightening Statement from Nazim Öztahtaci at FESPA 2022

New business opportunities were shown in Label & Flexible Packaging Printing at FESPA 2022.

Get insights from Nazim Öztahtaci, General Manager UGUR/Turkey, about his experience with the Durst Tau RSC E.

PRESS RELEASE – Official establishment of HCAM S.A.

08/03/2022

PRESS RELEASE – Official establishment of HCAM S.A.

PRESS RELEASE

The «Hellenic Center for Additive Manufacturing S.A. – HCAM» announces today, 24 February, 2022 its establishment and start of operation in Patras, Greece.

The main motivation for the establishment of HCAM S.A. was the acknowledgment that the Additive Manufacturing sector with the so-called 3D Printing technology can transform the industrial production, allowing the rapid creation of products with desired properties.

HCAM S.A. will fill an existing gap with the creation of a Competence Center in 3D Printing technologies, in Greece and South-Eastern Europe. The recent example of the Covid-19 pandemic showed that immediate solutions can be found using 3D printing for medical support. In Greece, until now there was no dedicated Center to collect and respond to such requests at the scale needed. HCAM S.A. aspires to be a unique one-stop-shop providing end-to-end technological solutions and integrated services to companies, as well as research, training, development and education activities in the field of Additive Manufacturing for various sectors, such as energy, maritime, aerospace, medical, etc.

The establishment and operation of HCAM S.A. has clearly defined objectives regarding the expected outcomes:

Strengthening and modernization of the Greek economy through the technological upgrade of Greek companies that lag behind in the assimilation of 3D Printing technologies,
Promotion of the Additive Manufacturing sector for its wider dissemination and use by stakeholders,
Provision of integrated services to companies/users for the development of new products and services based on 3D Printing technologies,
Training of early-stage scientists and business executives from different disciplines that can benefit from technologies related to Additive Manufacturing,
Creation of jobs that will respond to the forthcoming challenges of the 4^th industrial revolution,
Expansion of the activities of HCAM S.A. in the wider geographical area of South-Eastern Europe, which lacks an integrated support center for 3D Printing technologies,
Contribution to the wider modernization and upgrading of the countries of South-Eastern Europe that show a deficit in the assimilation of new technologies.

Nine (9) stakeholders of the Greek R&I ecosystem with a strong presence in Greece and internationally, participate in the shareholder structure of HCAM S.A., namely:

CBL Patras S.A.
Foundation for Research and Technology–Hellas (FORTH)
MIRTEC S.A. (EBETAM A.E.)
LINO S.A.
MONOLITHOS Catalysts Ltd
NewelevenCapital Ltd
OHB HELLASE.P.E.
RAYMETRICS S.A.
UBITECHLtd

In its effort to become a center of excellence in Additive Manufacturing, to place Greece in a leading position in the field, and attract clients at a global scale, HCAM S.A. is seeking to recruit highly motivated professionals offering a competitive salary, an attractive benefits package, great opportunities for professional development, as well as an exciting, fresh and collaborative work environment. More information on new job postings will be available soon.

We want to acknowledge the General Secretariat for Research and Innovation (GSRI) for its support and funding through the Action ‘Competence Centers’, making a strong contribution to the enhancement of competitiveness in the region of Western Greece and in the whole Country.

For more information, please contact:

Ms. Eugenia Agelopoulou

Hellenic Center for Additive Manufacturing S.A. – HCAM (www.hellenic-cam.gr)

Patras Science Park

T: 2610 647602

E: admin@hellenic-cam.gr

The action ΄Competence Centers΄ is funded through the Operational Program ΄Competitiveness – Entrepreneurship – Innovation 2014 – 2020΄.

Desktop Metal Commences Shipments of Production System P-50 With Inaugural Customer Stanley Black & Decker

08/03/2022

BOSTON–(BUSINESS WIRE)– Desktop Metal (NYSE:DM) today announced it has shipped its first Production System™ P-50 printer to Stanley Black & Decker (NYSE: SWK), marking the commercialization of the company’s flagship additive manufacturing technology for mass production of end-use, metal parts.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220228005320/en/

As one of the most highly anticipated advanced manufacturing systems ever introduced, the P-50 is the product of nearly $100 million in investment and a four-year development program overseen by Desktop Metal engineers and materials scientists. The P-50 is designed to mass produce high-performance metal parts with the repeatability and cost required to compete with conventional manufacturing.

Stanley Black & Decker, the first P-50 customer, is a purpose-driven industrial organization that operates the world’s largest tools and storage business, including such iconic brands as DEWALT, BLACK+DECKER and CRAFTSMAN.

The Production System – World’s Fastest Way to 3D Print Metal Parts At-Scale

Created by the inventors of binder jetting and single-pass inkjet technology, the Production System is an industrial manufacturing platform powered by Desktop Metal’s Single Pass Jetting™ technology. It is designed to achieve speeds up to 100 times those of legacy powder bed fusion additive manufacturing technologies and enable production quantities of up to millions of parts per year at costs competitive with conventional mass production techniques. The platform supports a robust materials library including ten qualified metal alloys – from commercially pure copper to stainless steels such as 17-4PH – with additional metal alloys in active development.

For more information on the P-1, the P-50, and Production System technology, visit www.desktopmetal.com/products/production.

About Desktop Metal

Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the world’s 30 most promising Technology Pioneers by the World Economic Forum, named to MIT Technology Review’s list of 50 Smartest Companies, and the 2021 winner of Fast Company’s Innovation by Design Award in materials and Fast Company’s Next Big Things in Tech Award for sustainability. For more information, visit www.desktopmetal.com.

About Stanley Black & Decker

Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world’s largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company’s more than 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world’s makers, creators, tradespeople and builders. The company’s iconic brands include DEWALT, BLACK+DECKER, CRAFTSMAN, STANLEY, Cub Cadet, Hustler and Troy-Bilt. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders.

Forward-looking Statements

This press release may contain certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks, uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to, the risks and uncertainties set forth in Desktop Metal, Inc.’s filings with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Desktop Metal, Inc. assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220228005320/en/

Media Relations:
Caroline Legg
carolinelegg@desktopmetal.com
(203) 313-4228

Investor Relations:
Jay Gentzkow
jaygentzkow@desktopmetal.com
(781) 730-2110

Source: Desktop Metal

Released February 28, 2022

Please do read original press release here.

Desktop Metal: 2021 Year in Review and Annual Letter

19/01/2022

To the stakeholders of Desktop Metal:

In 2015, Desktop Metal was founded with an audacious goal that had long eluded the 3D printing industry: mass production. We did not choose this goal lightly.

While more manufacturers than ever were benefiting from 3D printed prototypes, tooling, and low-volume applications, few were scaling to high volumes because the technology was too slow and expensive for production.

Our team was determined to overcome this hurdle because we passionately believe that 3D printing can deliver important innovation and sustainability benefits to the world. These benefits – such as lighter components, shorter supply chains, and reduced waste, to name just a few – are more important to our changing world than ever before. But our team knew: these benefits wouldn’t be truly meaningful to society until the technology was affordable vs. conventional manufacturing and fast enough to be used for real series production.

This was, and remains, the heart of our vision for Additive Manufacturing 2.0.

In 2021, our first full year as a publicly traded company, we reaffirmed our commitment to this goal and are building an army of engineers, PhDs and industry leaders to push the 3D printing industry into this long-elusive territory.

In addition to driving triple-digit YOY growth in our organic metal offerings through the first three quarters of 2021, we locked up important assets as we executed on a focused, three-pronged strategy:

Gain supremacy in 3D printing platforms that can deliver a combination of speed, tolerances, surface finish and material properties to truly qualify as high-volume production tools at a cost that competes with conventional manufacturing.

Of the seven 3D printing processes recognized by the American Society for Testing and Materials (ASTM)¹, we focus primarily on only two — binder jetting and digital light processing² — both of which are known for enabling high throughput area-wide processing and for improving over time based on investments from third parties.
Through our acquisition of ExOne, we now have the broadest selection of binder jetting solutions, a strong IP portfolio, and the most experienced team in our industry. We are now the No. 1 binder jetting company by market share³.
Through our acquisition of EnvisionTEC, the original innovator in digital light processing, we have gained entry at scale into photopolymer mass production as well as access to over 135 issued and pending foundational patents (many of which we believe to be blocking) and a rich library of best-in-class materials.
We have made significant progress on our Production System P-50 program. Despite an unusual supply chain environment, we are now in a position to start shipping P-50 printers within single digit weeks, and we’ve tripled production capacity to accelerate our manufacturing ramp in 2022.
Our first full year of selling and installing Shop Systems has been a big success turning the product into the No. 1 selling metal binder jet printer in the world, with SMEs delighted by the speed, quality, and ease of use of this turnkey production metal binder jet system.

Vertically integrate into the consumables for our printers to strengthen our highmargin recurring revenue streams and enable reliable, high-performance parts for our customers.

Over the course of the year, we expanded beyond metals to bring the benefits of production 3D printing to parts and products made with photopolymers, ceramics, composites, elastomers, and waste stream materials, such as wood.
Our new Flexcera™ resins, for example, are already being used for high-volume production of dentures with industry-leading properties.
Adaptive3D offers our customers the world’s best performing printed elastomers⁴; we believe their resins, combined with our Xtreme 8K solution will usher in a new era of productivity in photopolymer printing.

Advance new, killer applications designed to drive high-volume adoption of 3D printing.

Our new Forust process builds a greener future through 3D printed wood derived from two wood waste streams: sawdust and lignin. This business is running well ahead of plan.
Aidro is taking 3D printing of high-performance hydraulic components, such as valves and manifolds, for the energy and aerospace industries to new volumes. We are excited to report that Aidro now has parts that are flight qualified at a leading aerospace company.
We launched Desktop Health to accelerate 3D printed dental and biofabrication applications at scale. Our advanced dental solutions are already being used widely. In the second half of 2021, customers printed over 100,000 Flexcera dentures, and we now count over 12,000 dentists as customers of our parts platform. Dental is one of the fastest growing segments of our business and we believe a substantial portion of the $30B⁵ in annual spend on restorations and orthodontic appliances currently procured by dentists will transition to digital manufacturing by the end of the decade, going right from the 3D printer into the patient’s mouth.

Over the course of the year, we demonstrated record growth and our expanding team remained focused through incredible external and internal change. We are entering the year a much stronger company, positioned for outsized growth into 2022 and beyond. In the past year alone, we have:

Grown our IP portfolio to more than 650 patents, up from 120 just a year ago⁶.
Assembled one of the world’s leading teams of production 3D printing experts. #TeamDM grew from 200 to more than 1,000 around the world, and we’re completely dedicated to the mission of making mass production via 3D printing fast, affordable, and impactful to the world.
Grown our global manufacturing customer base from about 400 to 6,000+.
Augmented go-to-market efforts by adding a direct sales force through the ExOne acquisition and expanding from 90 to over 200+ sales partners, now serving more than 65 countries.
Grown our materials library from less than 20 to more than 250 materials that span metals, composites, polymers, ceramics, biocompatible materials, sands, wood, and elastomers. This was a herculean team effort and will be a key differentiator for our company going forward as materials drive applications and applications drive adoption of printing in mass production.

In sum, our team is well on its way to transforming what it means to make things, and we’re excited to demonstrate how our progress will translate into consistent financial outperformance.

We stand by our goal to reach ~$1B in revenue by 2025. We remain true to our strategy, outlined in our plan to go public, to leverage inorganic upside to grow; the investments we made in 2021 better position our company to reach and potentially accelerate that milestone.

When you see our overall performance in 2021, it showcases our commitment to delivering on the vision of mass production 3D printing and why we believe we are on the path to our long-term goal of achieving double digit share of the $146B market that additive manufacturing is estimated to represent by 2030⁷. It’s worth noting that, even then, additive manufacturing as an industry will still be in its infancy, representing only ~1% of the estimated $12 trillion of global spend in the overall manufacturing sector⁸.

I want to thank our many customers — small and large, alike — who placed their trust in our company during 2021 to help them solve some of their most challenging design, engineering, and manufacturing problems.

We are well capitalized, and our plan remains to be adjusted-EBITDA positive by the end of 2023. Once we achieve that goal, we intend to reinvest all surplus back to meet our long-term growth objectives and continually improve our market share position. Eventually, this will lead to a dominant position with outsized profitability.

We have incredible things in store for 2022. We are building a flywheel of printers, materials, and killer applications that we believe will transform what it means to manufacture in a world that requires more sustainable and flexible means of production.

As we enter the new year, we’re delighted to have the good fortune of brilliant technical teams that are energized to work together for this greater good, and we thank you for your commitment to #TeamDM as we execute on our mission with more passion than ever.

Come join us on this journey to change the way we make things,

Onwards!

Ric

¹https://www.lboro.ac.uk/research/amrg/about/the7categoriesofadditivemanufacturing/

² Digital light processing is a high-throughput variant of Vat Photopolymerization.

³ Company estimates based on publicly-available third-party data and market analysis.

⁴ Data based on publicly-available technical data sheets for commercially available elastomer materials (see slide 15 of Desktop Metal’s Q1 Financial Results Presentation).

⁵ Source: Global Industry Analysts, Inc., Dental Laboratories – Global Market Trajectory & Analytics (July 2020).

⁶ Figures represent issued patents and pending patent applications.

⁷ Source: Wohlers Report 2020 (2000 – 2019 actuals; 2020 – 2029 forecast); 2030 figure based on management calculations.

⁸ Source: A.T. Kearney 2017.

Find more about Dekstop Metal at www.desktopmetal.com.

Desktop Metal develops and qualifies high strength DM HH Stainless Steel for Production System

13/01/2022

Desktop Metal, Boston, Massachusetts, USA, reports that it has developed and qualified DM HH Stainless Steel (DM HH-SS) for use on the Production System™ platform, which utilises the company’s Single Pass Jetting™ (SPJ), a form of Binder Jetting (BJT) technology.

DM HH-SS is a custom, heat treatable-alloy that combines the tensile strength, ductility, and corrosion resistance of 13-8 PH stainless steel with hardness comparable to low-alloy steels, such as 4140. These attributes make DM HH-SS well suited to companies looking to eliminate the use of low-alloy steels, which require a subsequent plating step for applications needing corrosion protection. DM HH-SS is also a good material for conformally cooled injection tool core and cavity applications, where millions of injection strokes per year are required.

Customers can now additively manufacture DM HH-SS components at scale across a range of industries where high strength and hardness are required, including oil & gas, automotive, consumer products, and medical devices. With the addition of this new alloy, the Production System can now build ten qualified metal materials.

“Our materials science team is working diligently to develop innovative materials that meet the demanding applications needs of our customers in a cost-effective way,” stated Jonah Myerberg, co-founder and CTO of Desktop Metal. “DM HH-SS is a compelling alternative to 17-4 PH stainless steel that improves upon its mechanical properties while maintaining corrosion resistance, making it suitable for critical components that previously required the use of low-alloy steels for their high hardness and strength. The Production System allows customers to go to market at scale with this material and eliminate operations, such as plating, which can create supply chain complexity and also be harmful to the environment.”

One application highlighted by the company is the Additive Manufacturing of a tight clearance offset socket. Offset sockets used for manufacturing tooling are critical parts in scenarios where space is limited and a traditional tool is unable to access a bolt. Manufacturers have traditionally warehoused and maintained a large variety of tools to accommodate the multiple socket sizes produced for each unique bolt size. With the Production System, manufacturers can, instead, maintain a digital warehouse of each socket size and build large quantities of different sizes together in a single build, enabling on-demand manufacturing.

DM HH-SS is said to be the ideal material for high-wear components such as these sockets, which are subjected to repeated abrasive use and expected to have a long lifetime, making high strength and hardness, as well as corrosion, resistance critical.

www.desktopmetal.com

Please do read original article here by metal-am.com.

Desktop Metal qualifies commercially pure copper for Production System

13/01/2022

Desktop Metal, Boston, Massachusetts, USA, has qualified C10300, commercially pure copper with over 99.95% purity, for use on the Production System™ platform, which utilises the company’s Single Pass Jetting™ (SPJ), a form of Binder Jetting (BJT) technology. Due to copper’s excellent thermal and electric conductivity, this addition is expected to widen the scope of SPJ technology into the production of high-performance parts at scale across a broad variety of industries, including automotive, aerospace and electronics.

“Copper has been a highly requested material from many of our customers and prospects, and has applications spanning a broad variety of industries, from thermal hardware found in air and liquid cooling systems to conformally cooled coils for transmission of high frequency currents,” stated Jonah Myerberg, co-founder and CTO. “We are excited to be able to expand our extensive Production System materials portfolio to support customers looking to 3D print electrically and thermally conductive components at scale and at a fraction of the cost of conventional manufacturing methods.”

One application highlighted by the company is the additive manufacture of liquid cooling plates, used to regulate temperatures on high-performance microprocessors. While traditional production methods require the parts to be made from multiple components, the BJT technology employed by the Production System builds the plates as single pieces. This enables hundreds of cooling plates to be additively manufactured per day, now from a material that is said to maximise the heat dissipation from the electronic chip to the cooling fluid.

As well as for cooling plates, commercially pure copper is reputed to be an ideal material for any application which requires heat or electricity transfer, such as pucks and manifolds, heat sinks, heat exchangers, and bus bars used in power-intensive electrical applications.

www.desktopmetal.com

Please do read original article here by metal-am.com.