Desktop Metal, Inc. Class A Common Stock (DM)
Frequently Asked Questions About Desktop Metal, Inc. Class A Common Stock (DM)
How can investors learn more about Desktop Metal?
Investors can learn more about Desktop Metal by visiting their official website, where they provide information on their products, financial reports, and corporate governance. Additionally, they can access public filings, investor presentations, and participate in earnings calls to stay updated on the company's performance.
How does Desktop Metal contribute to sustainability?
Desktop Metal aims to contribute to sustainability by providing additive manufacturing solutions that reduce waste compared to traditional manufacturing methods. Their technology can utilize recycled materials and shorten supply chains, significantly lowering the carbon footprint of production processes.
How does Desktop Metal engage with its customers?
Desktop Metal engages with its customers through a range of channels, including direct sales, online resource centers, and customer support programs. They also prioritize feedback and collaboration with manufacturers to refine and improve their technologies in real-world applications.
How does Desktop Metal's technology work?
Desktop Metal's technology utilizes a process called Bound Metal Deposition (BMD), which involves extruding metal rods that are bound in a polymer matrix into a 3D shape, followed by debinding and sintering processes. This method allows for the creation of complex geometries with high precision.
Is Desktop Metal publicly traded?
Yes, Desktop Metal became publicly traded in late 2020 through a merger with a special purpose acquisition company (SPAC). Its Class A Common Stock is listed on the New York Stock Exchange under the ticker symbol 'DM'.
What are some recent developments involving Desktop Metal?
Recent developments at Desktop Metal include strategic partnerships with major companies to expand their client base, new product launches that enhance their existing offerings, and ongoing advancements in their technology aimed at improving efficiency in metal 3D printing.
What does Desktop Metal, Inc. do?
Desktop Metal, Inc. is a pioneering company in the additive manufacturing space, specifically focusing on metal 3D printing technology. Their innovations aim to simplify the production process, reduce costs, and enhance design flexibility for manufacturers across various industries, such as aerospace, automotive, and healthcare.
What industries does Desktop Metal serve?
Desktop Metal serves multiple industries, including aerospace, automotive, medical, and consumer goods. By providing efficient and innovative metal 3D printing solutions, they help manufacturers in these sectors improve product design, lower costs, and reduce lead times.
What is Desktop Metal's approach to research and development?
Desktop Metal places a strong emphasis on research and development, investing in new technologies and materials to advance the field of additive manufacturing. This focus is key to their strategy, ensuring that they maintain a competitive edge and continue to innovate in response to evolving industry needs.
What is the business model of Desktop Metal?
Desktop Metal operates on a business-to-business (B2B) model, offering a range of metal 3D printers, materials, and services to manufacturers. Their products are designed to streamline the production process and make metal printing accessible to companies of all sizes, from prototyping to mass production.
What is the future outlook for Desktop Metal?
The future outlook for Desktop Metal is generally positive, given the increasing demand for metal 3D printing and advanced manufacturing solutions. As industries continue to explore innovative production methods, Desktop Metal is well-positioned to capitalize on this trend with its cutting-edge technologies and expanding market presence.
What kind of investments has Desktop Metal received?
Desktop Metal has received significant investments from various venture capital firms and strategic investors, allowing it to fund research and development, expand its product line, and enhance market presence. Their funding rounds have totaled hundreds of millions of dollars, showcasing strong investor confidence in their vision.
What sets Desktop Metal apart from its competitors?
Desktop Metal stands out from its competitors due to its unique approach to metal additive manufacturing, offering solutions that are not only scalable for mass production but also user-friendly for desktop environments. Their proprietary technologies, such as BMD, provide greater precision and cost-effectiveness in metal printing.
What types of products does Desktop Metal offer?
Desktop Metal offers a variety of products including the Studio System for office-friendly metal 3D printing, the Production System which is designed for high-volume manufacturing, and various metal materials used in the printing process. These products are aimed at enhancing the manufacturing capabilities of their clients.
What was the market reaction to Desktop Metal's IPO?
The market response to Desktop Metal's IPO was mixed, reflecting investor enthusiasm and skepticism regarding the future of the 3D printing market. While initial trading saw volatility, many see potential in Desktop Metal's innovative approach and the growing demand for additive manufacturing solutions.
When was Desktop Metal, Inc. founded?
Desktop Metal, Inc. was founded in 2015 by a group of MIT professors and entrepreneurs. Their goal was to create accessible and affordable metal 3D printing solutions, which has enabled them to grow significantly in the additive manufacturing landscape and address complex manufacturing needs.
Where is Desktop Metal, Inc. headquartered?
Desktop Metal, Inc. is headquartered in Burlington, Massachusetts. This location allows them to retain close ties to significant technology and academic institutions, facilitating ongoing innovation and collaboration in advanced manufacturing technologies.
Who are the key executives at Desktop Metal?
Key executives at Desktop Metal include co-founder and CEO Ric Fulop, who has been instrumental in leading the company's vision and strategic direction. Other notable team members include CFO and COO leaders with extensive industry experience who contribute to the company’s innovative culture and operational excellence.
What is the current price of Desktop Metal, Inc. Class A Common Stock?
The current price of Desktop Metal, Inc. Class A Common Stock is 4.960
When was Desktop Metal, Inc. Class A Common Stock last traded?
The last trade of Desktop Metal, Inc. Class A Common Stock was at 7:00 pm EDT on April 1st, 2025
What is the market capitalization of Desktop Metal, Inc. Class A Common Stock?
The market capitalization of Desktop Metal, Inc. Class A Common Stock is 627.97M
How many shares of Desktop Metal, Inc. Class A Common Stock are outstanding?
Desktop Metal, Inc. Class A Common Stock has 126.61M shares outstanding.