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Desktop Metal Qualifies Nickel Alloy IN625 for High-Volume Additive Manufacturing With the Production System

Production System Binder Jetting Technology Enables Mass Production of Strong Parts That Withstand High Temperatures and Extreme Environments

BOSTON — (BUSINESS WIRE) — October 14, 2021 — Desktop Metal (NYSE: DM), a leader in mass production and turnkey additive manufacturing solutions, today announced it has qualified the use of nickel alloy IN625 (IN625) for the Production SystemTM platform, which leverages patent pending Single Pass JettingTM (SPJ) technology designed to achieve the fastest build speeds in the metal additive manufacturing industry.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211014005708/en/

Hydraulic spools are a key oil & gas application that assist in adjusting the flow rates of control valves. IN625 is an essential material for these spools to ensure longevity and withstand highly corrosive environments in oil & gas. (Photo: Business Wire)

Hydraulic spools are a key oil & gas application that assist in adjusting the flow rates of control valves. IN625 is an essential material for these spools to ensure longevity and withstand highly corrosive environments in oil & gas. (Photo: Business Wire)

A nickel-chromium superalloy, IN625 is characterized by its high strength, resistance to corrosion and oxidation, excellent weldability, and ability to withstand extreme, elevated temperatures for parts under load. IN625 is a critical material used extensively in high temperature aerospace applications, while its corrosion resistance under a range of temperatures and pressures also makes it an excellent choice across marine, power generation, and chemical processing applications.

“As Desktop Metal continues to drive our internal R&D efforts to qualify more materials for the Production System platform, we are excited to offer customers an all-inclusive binder jetting solution to print fully characterized IN625 with excellent properties,” said Jonah Myerberg, co-founder and CTO of Desktop Metal. “We anticipate continuing the rapid expansion of our materials portfolio in the coming months as we look to accelerate the deployment of our AM 2.0 solutions to produce end-use metal parts at scale across a growing array of industries and applications.”

“As a transformative combustion equipment company, we are very excited about the release of IN625 for its high temperature and corrosion-resistant properties in flaring and sulfur incineration applications,” said Jason Harjo, Director, Mechanical & Electrical Design (Americas), Koch Engineered Solutions. “This will give us much more flexibility in innovative, additive manufacturing designs for some of our most difficult applications.”

IN625 - Key Applications

Desktop Metal’s materials science team has qualified and fully characterized IN625 printed on Production System technology in accordance with ASTM testing requirements. IN625 parts printed on the Production System platform not only eliminate the use of tooling and minimize material waste, but also represent a significant decrease in production time and part cost compared to conventional manufacturing methods.

Examples of key use cases include:

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 SPJ 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 Production System platform consists of two printer models: the P-1, a solution for process development and serial production applications, and the P-50, a large form factor mass production solution for end-use parts. The Production System combines Desktop Metal engineered binders with an open material platform, allowing customers to produce high-performance parts using the same low-cost metal powders used in the Metal Injection Molding (MIM) industry. An inert processing environment enables compatibility with a variety of materials, including high-performance alloys and even reactive metals, such as aluminum and titanium. To learn more about the Production System, visit: www.desktopmetal.com/products/production.

In addition to IN625, the materials library for the Production System includes 17-4PH stainless steel, 316L stainless steel, and 4140 low-alloy steel, each of which have been qualified by Desktop Metal. The platform also supports several customer-qualified materials, including silver and gold, and Desktop Metal plans to add additional metals to its portfolio, including tool steels, stainless steels, superalloys, copper, and more.

To learn more about IN625 and the Production System materials portfolio, visit: www.desktopmetal.com/materials.

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. For more information, visit www.desktopmetal.com.

Forward-looking Statements

This press release contains 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.



Contact:

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

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