Desktop Metal Expands Global Partnership with SolidCAM to Four New Countries in the Americas, Europe and Asia
Desktop Metal (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced it has expanded its relationship with CNC software innovator SolidCAM, creator of the breakthrough iMachining® toolpath technology and a leading distributor of solutions to precision metal manufacturers worldwide.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220711005464/en/
SolidCAM, which was founded in 1984, has offered Desktop Metal products in Germany since 2021. Now, it will offer Desktop Metal solutions for direct printing of metal to customers in the United States, where SolidCAM has technology centers at its US headquarters in Newton, Pa., and Rancho Cucamonga, CA, as well as the United Kingdom, Israel and India. In all, SolidCAM has about 100 direct sales team members worldwide.
Additionally, new CNC + AM Center of Excellence showrooms are currently being completed in Pennsylvania, Germany, and the UK to demonstrate how Desktop Metal’s AM 2.0 solutions complement traditional subtractive machining technology and workflows. Additional facilities are also slated for completion in California, Israel and India.
“The Desktop Metal team is delighted to announce an expansion of our relationship with SolidCAM, a brand that is long trusted by machinists worldwide,” said Ric Fulop, Founder and CEO of Desktop Metal. “This expanded partnership means that more CNC professionals will learn how easy it is to 3D print and sinter complex designs on our Studio System and Shop System metal AM offerings, freeing up capacity on CNC equipment, as well as machinist’s time. Additive manufacturing technology is truly complementary to machining, and we’re eager to deliver that message to the market in partnership with SolidCAM.”
“Our Schramberg Technology Center has already added a Desktop Metal Studio System to its current CNC machines, and we’re in the process of adding more Studio System and Shop System printers to our facilities worldwide so we can demonstrate how this additive manufacturing technology is complementary to CNC machining equipment,” said Dr. Emil Somekh, Founder and CEO of SolidCAM. “The growing impact of additive manufacturing has been well documented. During the COVID-19 epidemic, 3D printing played a critical role in repairing vulnerabilities in supply chains, especially in the medical sector, and we think it can help improve the throughput of supply chains that remain challenged today.”
SolidCAM will be showcasing Desktop Metal equipment and solutions in its booth at IMTS 2022 from Sept. 12 - 17 in Chicago in Booth No. 134502. Desktop Metal will also have two booths at the show, No. 433103 and 432212, where it will be showcasing its metal, polymer, and digital metal casting Additive Manufacturing 2.0 solutions. The International Manufacturing Technology Show, produced by the Association For Manufacturing Technology, is the largest and longest-running industry trade show in the Western Hemisphere.
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 and Fast Company’s Next Big Things in Tech Award for sustainability.
SolidCAM is recognized as the world leader in seamless integration of CAM in leading CAD products, SolidWorks and Inventor, supporting the complete range of CNC manufacturing applications, including iMachining 2D/3D, 2.5D milling, high-speed surface milling, 3D high-speed machining, multi-sided indexial 4/5 axes milling, simultaneous 5 axes milling, multi-channel mill-turn, Swiss-type machining and probing. SolidCAM has been a consistent growth leader in CAM. Along with its worldwide branches and affiliates direct sales channels, SolidCAM has a worldwide CAM reseller network, in over 50 countries. The SolidCAM industrial user base includes today more than 24,000 seats.
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 and 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.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Regnology Announces its 29 th Annual RegTech Convention on 29 th – 30 th November28.9.2022 09:00:00 CEST | Press release
Regnology, a leading software provider with an exclusive focus on regulatory reporting solutions has announced its 29th annual RegTech Convention, taking place on the 29th-30th November in Frankfurt, Germany and virtually. The convention will bring together nearly 2,000 delegates across regulatory authorities, supervisory agencies, and financial institutions to explore the evolving trends in regulation. The theme for this year’s convention is Regulation 3.0, which will be explored across 30 keynotes and panel discussions from leading industry experts and Regnology subject matter experts. Over thirty external speakers will discuss how the regulatory complexity for financial institutions can be reduced in view of a challenging global economic environment, the pressure to maximize cost efficiencies, and an evolving financial market landscape. Fredrik Reinfeldt, Swedish prime minister from 2006-2014, will address the current political and economic challenges in Europe and how it affects th
Cadmatic Acquires Italian Engineering Software Company CLA28.9.2022 09:00:00 CEST | Press release
The acquisition is a further step in fulfilling Cadmatic’s strong growth strategy, which sees the company more than tripling its size in coming years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220926005546/en/ Jukka Rantala (left) and Gian Mario Tagliarett (Photo: Business Wire) EPC contractors and plant owner-operators use CLA’s software to manage piping materials and piping supports, construction sites, multidisciplinary engineering data, online tenders, project planning and plant welding. CLA was established in 2001 and employs 22 staff at its office in Piacenza, 70 km south of Milan. “CLA is a perfect strategic fit for us. They have impressive references, especially in the key area of multinational EPC companies and our offerings have no overlapping functionalities. By integrating CLA’s materials and construction management products with Cadmatic’s design, engineering, and information management solutions, we can of
Mavenir Announces 2G, 4G and 5G Open RAN Radios Made in India28.9.2022 07:30:00 CEST | Press release
Mavenir, the Network Software Provider building the future of networks with cloud-native software that runs on any cloud and transforms the way the world connects, today announced to have commenced the production of 2G, 4G and 5G Open RAN Radios for the OpenBeam™portfolio in India, for Indian and other prominent worldwide bands. OpenBeam offers an innovative radio portfolio, cost-efficient, intelligent radios that meet the critical demands placed on today’s networks including massive MIMO, mmWave and multi-band remote radio heads (RRHs) allowing improved network capacity as the network expands. The OpenBeam Open RAN radio solutions are available across all frequency bands and can be used for a wide range of use cases, including enterprises and public settings across urban or rural environments. Mavenir’s robust set of radio options address the needs of the CSPs to be agile and cost-efficient with low power consumption, low wind load, and built with integrated intelligence and automatio
Tigo Energy Surpasses One-Terawatt Hour of Monitored Solar PV Energy in Europe28.9.2022 07:00:00 CEST | Press release
Tigo Energy, Inc., the solar industry's leading Flex MLPE (Module Level Power Electronics) supplier, today announced that the solar energy monitoring function in the Tigo Energy Intelligence Solution has logged more than one Terawatt hour of photovoltaic energy generated by customer systems in the European market. Powered by the Tigo TS4 family of MLPE products, the Energy Intelligence Solution reports high-precision, module-level monitoring of solar installations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220927006003/en/ The initial residential installation for The Ipv6 Company was in Galapagar, near Madrid. This 9.5kW system serves both home and office with a small data center. (Photo: Business Wire) With PV installations across Europe expected to grow by 40 GW in 2022, solar continues to take a leading position as the clean energy production method of choice throughout the region. With the Tigo Energy Intelligence (
Capitolis to Present at TradeTech FX 202227.9.2022 20:10:00 CEST | Press release
Capitolis, the technology company reimagining financial markets, will join TradeTech FX, the largest buy side FX event in Europe. This is the first year Capitolis will have a presence on the ground at the event. Ben Tobin, Capitolis SVP, Head of Europe/Portfolio Optimization, will join a panel of FX industry leaders on Wednesday, 9/27, at 12:55 local time to discuss how uncleared margin rules (UMR) and the Standardized Approach for Counterparty Credit Risk (SA-CCR) have impacted the FX trading desk and market structure – and share predictions for how it could influence other FX products in the future. “We’ve been a partner and provider of optimization services to banks, hedge funds, and real money managers over the past five years,” said Ben Tobin, Capitolis SVP, Head of Europe/Portfolio Optimization. “We’ve already helped our customers reduce trillions of notional since the beginning of 2022, including optimization between the banks and their diverse client base.” TradeTech FX attende
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom