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home / news releases / DM - Desktop Metal shares jump 4.7% on KITECH partnership

DM - Desktop Metal shares jump 4.7% on KITECH partnership

Dominion Energy Midstream Partners LP representing Limited Partner Interests
Desktop Metal's (NYSE:DM) shares rise 4.7% to $5.33 after the company announced its partnership with Korea Institute of Industrial Technology (KITECH) to accelerate the adoption of additive manufacturing (AM) in South Korea. Under this tie-up, the company's Shop System and Production System P-1 platforms will be installed at the institute. The installation of DM's binder jet solutions will enable KITECH to help drive adoption of these technologies with small and medium enterprises. KITECH plans to leverage the company's solutions to manufacture components at industrial scale volumes and develop new materials for AM applications.

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Desktop Metal shares jump 4.7% on KITECH partnership
Stock Information
Company Name: Dominion Energy Midstream Partners LP representing Limited Partner Interests
Stock Symbol: DM
Market: NYSE
Website: desktopmetal.com
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