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Desktop Metal Releases Video Showcasing How BMW Group Uses ExOne Binder Jetting Technology to Virtually Eliminate Emissions at its Landshut Light Metal Foundry

2023-09-19 20:16
BOSTON--(BUSINESS WIRE)--Sep 19, 2023--
Desktop Metal Releases Video Showcasing How BMW Group Uses ExOne Binder Jetting Technology to Virtually Eliminate Emissions at its Landshut Light Metal Foundry

BOSTON--(BUSINESS WIRE)--Sep 19, 2023--

Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing (AM) technologies for mass production, today released a video showcasing how the BMW Group uses ExOne binder jet 3D printers for the serial production of casted powertrain components.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230919749996/en/

Eric Bader, Managing Director of ExOne, a Desktop Metal Company, stands behind a cylinder head that was produced with the help of a 6-cylinder water jacket core that was binder jet 3D printed on the ExOne Exerial system. (Photo: Business Wire)

ExOne and the BMW Group have been working together for more than 20 years on project development. The automaker uses four ExOne Exerial binder jet 3D printing systems for serial production of water jacket cores used for metalcasting, with two more systems slated for delivery. When combined with a microwave, a desanding station, and a fully automated conveyor system, the complete Exerial system runs high-speed 24/7 production and delivers high-accuracy parts. Take a look Inside the pioneering AM journey of ExOne and BMW at TeamDM.com/BMW.

In binder jetting, an industrial printhead selectively deposits a binder into a bed of powder materials — such as sand, metal, or ceramic — creating a solid part one thin layer at a time. When used for sand casting, the sand part is removed and assembled into a mold package used for casting molten metal. Binder jet 3D printing technology is widely viewed as a desirable and sustainable production method, largely because of its high speed, low waste and cost, as well as material flexibility.

About Desktop Metal

Desktop Metal (NYSE:DM) is driving Additive Manufacturing 2.0, a new era of on-demand, digital mass production of industrial, medical, and consumer products. Our innovative 3D printers, materials, and software deliver the speed, cost, and part quality required for this transformation. We’re the original inventors and world leaders of the 3D printing methods we believe will empower this shift, binder jetting and digital light processing. Today, our systems print metal, polymer, sand and other ceramics, as well as foam and recycled wood. Manufacturers use our technology worldwide to save time and money, reduce waste, increase flexibility, and produce designs that solve the world’s toughest problems and enable once-impossible innovations. Learn more about Desktop Metal and our #TeamDM brands at www.desktopmetal.com.

Forward-looking Statements

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, 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230919749996/en/

CONTACT: Investor Relations

Jay Gentzkow

(781) 730-2110

jaygentzkow@desktopmetal.comMedia Relations

Sarah Webster

sarahwebster@desktopmetal.com

(313) 715-6988

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING TECHNOLOGY MACHINE TOOLS, METALWORKING & METALLURGY SOFTWARE

SOURCE: Desktop Metal, Inc.

Copyright Business Wire 2023.

PUB: 09/19/2023 08:00 AM/DISC: 09/19/2023 08:00 AM

http://www.businesswire.com/news/home/20230919749996/en