Desktop Metal, the company committed to making metal 3D printing
accessible to manufacturers and engineers, announced today a strategic
partnership with Indo-MIM, the global leader and world’s largest
supplier of Metal Injection Molding (MIM) precision-engineered products
with over 100 million metal parts produced annually for leading global
OEMs. Together, Desktop Metal and Indo-MIM will offer innovative
solutions to enable companies around the world to design and produce
metal additively manufactured parts at scale and shorten time to market.
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Powered by Single Pass Jetting, the Production System is the world’s first and only metal 3D printing system for mass production that delivers the speed, quality, and cost-per-part needed to compete with traditional manufacturing processes. (Photo: Business Wire)
As one of the first companies to deploy the Desktop Metal Production
System in its state-of-the-art factories, Indo-MIM will draw upon its
renowned expertise in design, tooling, sintering, materials, and its
full range of finishing and assembly operations, to deliver
high-precision metal 3D printed parts to companies spanning the
automotive, aerospace, medical, industrial machinery industries and
more. As a strategic partner, Indo-MIM will become a full-service
manufacturing partner for Desktop Metal, providing companies looking for
a wide range of mass production with quantities of high-quality metal
parts, ranging from tens of thousands to one million. Indo-MIM will also
offer customers consulting services around downstream manufacturing and
finishing processes key to going to production with metal additive
manufacturing.
“This is a major step forward in the progress of additive
manufacturing,” said Krishna Chivukula, Jr., CEO of Indo-MIM. “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.”
Powered by Single Pass Jetting technology, the Production System is the
world’s first and only metal 3D printing system for mass production that
delivers the speed, quality, and cost-per-part needed to compete with
traditional manufacturing processes. More than four times faster than
any binder jet competitor, the system offers a 100 times speed
improvement over any laser-based system. The Production System, which is
designed to print a broad range of alloys, including reactive metals
such as titanium and aluminum, enables the use of metal powders that are
80 percent lower cost than laser powder bed fusion metals, delivering
parts at 1/20th the cost. Designed around the MIM chemistry and powder
supply chain, the Production System allows access to a large and
established ecosystem of low-cost, high-quality alloys with a mature
supply chain and well-studied controls.
“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,” said Ric Fulop, CEO and co-founder of
Desktop Metal. “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.”
Indo-MIM will install the Production System in its San Antonio, Texas factory
this summer and begin working with customers as early as fall 2019. For
more information, interested companies can visit desktopmetal.com
or call 734-834-1565.
About Indo-MIM
Indo-US MIM Tec. Pvt. Ltd., global leader in
supplying precision-engineered products using Metal Injection Molding
(MIM) as the core manufacturing technology. Since the time the company’s
first part was molded in 1998, Indo-MIM has grown to become a leading
global supplier of Metal Injection Molded products. The MIM process
combines the design flexibility of plastic injection molding with the
strength and integrity of wrought metals to offer cost effective
solutions for highly complex part geometries. Today, Indo-MIM has
achieved a leadership position in the field of MIM, providing
precision-engineered products to customers in more than thirty countries
in the Americas, Europe and Asia. Indo-MIM is a fully integrated MIM
parts producer with capabilities and proficiency in design, tooling,
materials and a full range of finishing and assembly operations.
About Desktop Metal
Desktop Metal, Inc., based in
Burlington, Massachusetts, is accelerating the transformation of
manufacturing with end-to-end metal 3D printing solutions. 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 metal 3D printing an essential tool for engineers and
manufacturers around the world. Since its inception, the company has
raised $438 million in financing with a portfolio of strategic partners
and investors including Ford Motor Company, GV (formerly Google
Ventures), GE Ventures, BMW iVentures, Koch Disruptive Technologies,
Lowe’s, New Enterprise Associates (NEA) and more. 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.
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