Welcome to our dedicated page for DOMINION ENERGY news (Ticker: DM), a resource for investors and traders seeking the latest updates and insights on DOMINION ENERGY stock.
Desktop Metal, Inc. (NYSE: DM) regularly issues news that reflects its role in Additive Manufacturing 2.0 and the industrial 3D printing market. Company announcements cover topics ranging from corporate strategy and legal developments to product qualifications, technology showcases, and sector-specific applications in areas such as dental, automotive, and industrial manufacturing.
Recent news has focused heavily on the proposed merger between Desktop Metal and Nano Dimension Ltd. Desktop Metal has disclosed multiple legal actions in the Delaware Court of Chancery, alleging breaches of the merger agreement and seeking specific performance to require Nano Dimension to obtain regulatory approvals and complete the transaction. Updates include the granting of an expedited trial and a later court ruling that, according to Desktop Metal, found Nano Dimension in material breach and ordered steps intended to allow the merger to close.
Beyond corporate and legal news, Desktop Metal frequently highlights developments in its product and materials portfolio. Examples include qualification of a 100% recycled nickel-based superalloy from Continuum Powders for use on its metal binder jet 3D printers, as well as the showcasing of technologies such as the Figur G15 Pro Digital Sheet Forming system, the Studio System, Shop System, InnoventX, and the PureSinter Furnace at major industry events like IMTS.
Desktop Health, the company’s dental and medical brand, also generates news through validations of Flexcera nanoceramic resins for additional 3D printer platforms and clinical indications, including implant-supported denture provisionals. Visitors to this news page can review these updates to understand how Desktop Metal is positioning its technologies, how its merger process is progressing, and how its materials and systems are being adopted across different applications.
Desktop Metal, Inc. (NYSE: DM) will present at the 24th Annual Needham Virtual Growth Conference on January 11, 2022, at 4:15 p.m. EST. CEO Ric Fulop will lead the discussion, and a live webcast will be accessible via the investor relations site. Interested parties are advised to register at least 15 minutes early. Desktop Metal specializes in 3D printing solutions aimed at enhancing manufacturing efficiency and innovation. The company has received accolades, including recognition as a Technology Pioneer by the World Economic Forum.
Desktop Metal (NYSE: DM) announced the qualification of commercially pure copper for additive manufacturing using its Production System™ platform. This advancement utilizes the patent-pending Single Pass Jetting™ (SPJ) technology, enabling mass production of high-performance copper parts across automotive, aerospace, and electronics industries. The technology promises significant improvements in manufacturing efficiency by reducing complexity, costs, and lead times while facilitating complex designs previously unattainable through conventional methods.
Desktop Metal (NYSE:DM) has partnered with the Korea Institute of Industrial Technology (KITECH) to enhance the adoption of additive manufacturing (AM) in South Korea. The collaboration involves installing the Desktop Metal Shop System™ and Production System™ P-1 platforms to support SMEs in automotive, electronics, heavy industry, and oil & gas sectors. This partnership aims to leverage advanced metal binder jetting technologies to significantly accelerate production capabilities and foster innovation in manufacturing.
Desktop Metal (NYSE: DM) has secured a $7.9 million order from a major German automotive manufacturer for binder jet additive manufacturing systems. This order aims to facilitate the mass production of metal powertrain components, showcasing the company’s strong position in the additive manufacturing sector. CEO Ric Fulop highlighted this accomplishment as a testament to the advanced performance and economic viability of their solutions. Desktop Metal boasts a diverse materials library and supports various industries, reinforcing its commitment to innovative manufacturing practices.
Desktop Metal (NYSE: DM) has qualified D2 tool steel for its Studio System™ 2, facilitating a simple two-step process for producing high-performance metal parts. This innovation allows users to manufacture high-strength D2 applications such as cold work metal forming tools and injection molds with ease. D2's properties include high hardness and wear resistance, making it ideal for various applications in manufacturing. The new capabilities aim to enhance affordability and access to advanced 3D printing for businesses.
Desktop Metal (NYSE: DM) announces a new partnership with Uniformity Labs to deliver ultra-low porosity binder jetting powders, enhancing their additive manufacturing solutions. This collaboration aims to integrate innovative powder processing with Desktop Metal's high-speed systems, improving the production of end-use metal parts. Uniformity Labs has already qualified several high-performance powders for Desktop Metal’s Shop System, ensuring excellent mechanical properties and surface finish. The companies also plan to advance aluminum 6061 materials for binder jetting, further expanding their offerings.
Desktop Metal (NYSE: DM) announced that the Hamburg District Court in Germany issued a preliminary injunction against SprintRay Europe GmbH due to patent infringement. This injunction prohibits SprintRay from selling or using products that violate EnvisionTEC's patents related to 3D printing technology. Michael Jafar, CEO of Desktop Health, expressed satisfaction with the court's decision, highlighting the company's commitment to protecting its intellectual property through its extensive patent portfolio of over 650 issued and pending patents worldwide.
Desktop Metal (NYSE: DM) has successfully qualified D2 tool steel for its Production System™ platform, utilizing Single Pass Jetting™ technology for fast metal additive manufacturing. This advancement supports the production of high-strength parts for cold work applications, die tools, and injection molds, emphasizing efficiency and cost-effectiveness. D2 tool steel offers high hardness, wear resistance, and corrosion resistance, catering to demanding industrial requirements. The Production System enhances production capabilities with significantly reduced lead times and cost advantages.
Desktop Metal has partnered with The University of Toledo Institute of Applied Engineering Research to develop nickel-titanium (Nitinol) alloys and other advanced materials on its Production System platform. This collaboration will utilize Single Pass Jetting technology, aimed at enhancing speeds in metal additive manufacturing. CEO Ric Fulop expressed excitement about the opportunities for applications in medical, aviation, and aerospace sectors. The partnership also aims to advance workforce development in these fields by combining expertise in metallurgy and advanced materials.
Desktop Metal (NYSE: DM) will be represented by Founder and CEO Ric Fulop at the Credit Suisse 25th Annual Technology Conference on Wednesday, December 1, 2021, at 3:40 p.m. MST in Scottsdale, Arizona. Attendees can access a live webcast via the investor relations section on Desktop Metal's website. The company, founded in 2015 and based in Burlington, Massachusetts, focuses on advancing 3D printing technology to enhance manufacturing efficiency and quality. A replay will be available post-event.