Desktop Metal’s new strategic partnership with Indo-MIM
Desktop Metal announced at RAPID + TCT 2019 that they have made a strategic partnership with Indo-MIM, the global leader and world’s largest supplier of Metal Injection Molding (MIM) precision-engineered products. Desktop Metal, founded in 2015 has made it its goal to make metal 3D printing easily accessible to manufacturers and engineers. It was big news at the end of January when the company secured $160 million in funding. The manufacturer based in Massachusetts has created two complementary 3D printing solutions, their Studio System and Production System, both aiming to create functional 3D printed parts in a cost-effective way. This latest partnership will allow Desktop Metal and Indo-MIM to further offer innovative solutions to companies around the world to design and produce metal 3D printed parts at scale in a short amount of time using Desktop Metal’s Production System.
Indo-MIM delivers over 100 million metal parts annually to leading global OEMs – together with Desktop Metal, it will continue to deliver high-precision metal 3D printed parts to companies spanning the automotive, aerospace, medical, industrial machinery industries and more. Krishna Chivukula, Jr., CEO of Indo-MIM said, “This is a major step forward in the progress of additive manufacturing. As the world’s largest MIM house, we know our customers in automotive, aerospace and other key industries will reap the benefits of this new mass manufacturing technology. We are excited to partner with Desktop Metal to bring metal additive manufacturing closer to those companies looking to achieve the speed, cost and quality benefits to their businesses. With the Production System now joining our state-of-the-art factories, we will be fully integrated to provide customers with a one-stop resource for the manufacturing of complex precision components and sub-assemblies with additive manufacturing.”
The Production System is the only metal 3D printing system for mass production that delivers the speed, quality and cost-per part needed to compete with traditional manufacturing processes as of today. According to Desktop Metal their metal 3D printing solution is more than 4 times faster than any binder jet competitor, it also offers a 100 times speed improvement over any laser-based system. It is designed to print a broad range of alloys, including reactive metals such as titanium and aluminium. Furthermore the system has been designed in such a way that it is compatible with the MIM chemistry and powder supply chain, allowing access to a large and established ecosystem of low-cost, high quality alloys.
CEO and Co-founder of Desktop Metal, Ric Fulop commented, “The synergies of our companies are profound – both Desktop Metal and Indo-MIM are deeply rooted in MIM technology and we share an unbridled commitment to accelerate the availability of industrial additive manufacturing technologies. This collaboration with Indo-MIM will help deliver the power and promise of our Production System to companies with diverse manufacturing needs and to shift the paradigm from prototyping to include full scale metal manufacturing”.
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