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European Demand for Desktop Metal Binder Jetting Solutions for Mid-Volume Metal Parts Manufacturing Gains Momentum

Growing Adoption of Desktop Metal’s Shop System Is Enabling Affordable, Batch Production of High-Quality Metal Parts Throughout Europe

BOSTON — (BUSINESS WIRE) — October 6, 2021 — As Desktop Metal (NYSE: DM) continues to advance Additive Manufacturing 2.0 (AM 2.0) to reshape the future of manufacturing with mass production and turnkey AM solutions, the company is seeing growing European demand for metal binder jetting, including the Shop System™, the world’s first metal binder jetting system designed for machine shops.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211006005343/en/

The Shop System, the world’s first metal binder jetting system designed for machine shops, is gaining momentum with European customers, with robust demand from manufacturers across countries such as France, Finland, Germany, Greece, Italy, Portugal, Spain, the Netherlands, and the United Kingdom. (Photo: Business Wire)

The Shop System, the world’s first metal binder jetting system designed for machine shops, is gaining momentum with European customers, with robust demand from manufacturers across countries such as France, Finland, Germany, Greece, Italy, Portugal, Spain, the Netherlands, and the United Kingdom. (Photo: Business Wire)

Since volume shipments of the Shop System began in the fourth quarter of 2020, the system has experienced strong adoption among leading global businesses looking to leverage high-quality binder jetting technology to print end-use metal parts in volumes and at costs unattainable through either conventional manufacturing or legacy additive manufacturing processes. In particular, the Shop System is gaining momentum with European customers, with robust demand from manufacturers across countries such as France, Finland, Germany, Greece, Italy, Portugal, Spain, the Netherlands, and the United Kingdom.

"We are now at an inflection point where mid- and high-volume production of end-use metal parts through AM is one of the most transformational opportunities for manufacturers,” said Pierre-Victor Sabatier, VP of Sales - EMEA at Desktop Metal. “With this backdrop, it's no surprise that there is accelerating interest in binder jetting here in Europe. We are seeing growing adoption of the Shop System as plant operators, engineers, and production managers realize this solution effectively complements their conventional manufacturing operations with reliable, accessible, and flexible batch production of complex and detailed parts at low costs. With the industry shifting to adapt to supply chain challenges and renewed requests for local manufacturing, Desktop Metal is well positioned to answer the impressive demand we are seeing for production metal AM technologies in Europe and beyond.”

The Shop System is designed to bring metal AM to machine and job shops with an affordable, turnkey solution that achieves exceptional surface finish parts with rich feature detail at speeds up to 10 times those of legacy powder bed fusion AM technologies. With the Shop System, users can print end-use metal parts for use in a variety of industries spanning automotive, oil & gas, industrial machinery, and consumer products.

Leading European Companies See the Benefits of the Shop System for Mid-Volume Manufacturing

The Shop System - Affordable, Batch Production of High-Quality Metal Parts

Featuring the most advanced single pass print engine in the binder jetting market, the Shop System offers a turnkey solution for producing complex, end-use metal parts in a fraction of the time and cost of conventional manufacturing and comparably priced legacy AM technologies. The Shop System includes all the equipment machine shops need to begin binder jetting—from printing through sintering—and is designed to scale throughput with a range of build volume configurations. In addition, Desktop Metal software for build preparation and sintering simulation, in combination with metal powders and process parameters optimized to deliver exceptional part quality and repeatability, make it easy for businesses to get up and running with binder jetting in days instead of weeks or months.

Key benefits of the Shop System include:

To learn more about the Shop System, visit www.desktopmetal.com/products/shop.

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 and named to MIT Technology Review’s list of 50 Smartest Companies. 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