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XMTR Xometry Inc

18.73
0.79 (4.40%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Xometry Inc NASDAQ:XMTR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.79 4.40% 18.73 18.35 19.26 19.15 18.29 18.29 909,322 01:00:00

Xometry Launches Instant Quoting for Binder Jet 3D Printing Metals

15/07/2021 2:00pm

Business Wire


Xometry (NASDAQ:XMTR)
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On-demand manufacturing leader expands capabilities for buyers, enabling fast quotes on high-strength, cost-effective metal 3D printed parts

Xometry, Inc., (NASDAQ: XMTR), a leading AI-enabled marketplace for on-demand manufacturing, announced today the availability of instant quoting on metal binder jetting, a popular metal 3D printing process, in its Instant Quoting Engine. The parts will be made through Xometry’s partner ExOne, an industry-leading metal 3D printing company.

“We’re thrilled to add another 3D printing process to our Instant Quoting Engine in partnership with ExOne,” said Bill Cronin, Xometry’s Chief Revenue Officer. “Our customers can now get quotes on affordable, high-strength metal additive parts in just seconds. The new capability is the latest example of the flexibility of our platform and our drive to expand the manufacturing processes offered through our marketplace.”

“Whether customers are interested in low or high volumes, our technology offers a fast and affordable option in a wide range of metals,” said John Hartner, ExOne’s CEO. “That includes X1 Metal 420i™, a steel-bronze matrix that is one of the most affordable and durable 3D printed metals on the market today.”

Metal binder jetting is a 3D printing technology similar to paper printing used to make complex metal parts with excellent mechanical properties. Binder jet machines bond layers of metal powder together with a binding agent before final sintering in a furnace. It can produce metal parts at a fraction of the cost of other metal parts with virtually no design limitations. The speed and affordability of binder jetting make it perfect for industries that need high-strength parts such as aerospace, automotive, medical, dental, oil and gas industries. Learn more about metal binder jetting.

About Xometry

Xometry is a leading AI-enabled marketplace for on-demand manufacturing, transforming one of the largest industries in the world. Xometry uses its proprietary technology to create a marketplace that enables buyers to efficiently source on-demand manufactured parts and assemblies, and empowers sellers of manufacturing services to grow their businesses. Xometry’s buyers range from self-funded startups to Fortune 100 companies. Learn more at www.xometry.com or follow @xometry.

About ExOne

ExOne is the pioneer and global leader in binder jet 3D printing technology. Since 1995, we’ve been on a mission to deliver powerful 3D printers that solve the toughest problems and enable world-changing innovations. Our 3D printing systems quickly transform powder materials — including metals, ceramics, composites and sand — into precision parts, metalcasting molds and cores, and innovative tooling solutions. Learn more about ExOne at www.exone.com.

Joanna Normand fama PR for Xometry Xometry@famapr.com

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