Additive manufacturing company Desktop Metal, co-founded by mechanical engineering alumnus Jonah Myerberg ’98, began trading on the NYSE (ticker symbol “DM”) in December 2020, after a business combination with Trine Acquisition Corp.
Based in Burlington, Mass., Desktop Metal “is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production,” according to a press release. 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 is uniquely positioned to disrupt how parts are made across a wide range of industries,” said co-founder and chief executive officer Ric Fulop.
Myerberg, who is among the group of leaders in advanced manufacturing, metallurgy, and robotics that founded the company in 2015, serves as its chief technology officer.
The company’s portfolio of products includes the Desktop Metal Shop System, the world’s first metal binder jetting system designed for machine shops. The technology offers reliable production of serial batches of complex, end-use metal parts in a fraction of the time and cost of conventional manufacturing.
According to Myerberg: “The Shop System makes 3D printing with metal accessible to small labs and machine shops, like the ones found inside engineering companies and universities like Lehigh. Anyone can now print complex metal parts with unparalleled productivity and superior quality. Desktop Metal’s metal binder jetting technology removes traditional manufacturing constraints, allowing engineers to focus their designs on function and then quickly have parts in hand for testing. When designs are finalized, production can begin and hundreds of parts can be printed overnight. I wish I had access to metal 3D printing like this years ago!”
Myerberg explains the innovative technology in this video.
Desktop Metal also offers ground-breaking products that the company says represent the fastest metal 3D printing technology on the market.
The company 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.
