DM - Desktop Metal triples manufacturing capacity for Production System P-50
Desktop Metal (DM +2.4%) opened a new in-house manufacturing facility tripling the final assembly space currently dedicated to the Production System platform to meet robust demand for the world’s fastest metal 3D printing technology. This new facility is part of a strategic plan to accelerate the production ramp of Desktop Metal's flagship Production System P-50 printer, for which the company is engaged in component procurement and assembly of initial builds targeted for shipment in Q4. "his new facility in Massachusetts, in conjunction with our contract manufacturers and suppliers, supports our ability to meet growing demand for high-volume applications. We are now well-positioned to supply our global customers with the fastest metal 3D printing platform to enable cost-effective mass production via additive manufacturing," founder & CEO Ric Fulop commented.
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Desktop Metal triples manufacturing capacity for Production System P-50