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-7.75133710564987E-05 -7.75133710564987E-05 -0.00100767382373466 -0.00100767382373466 -0.0196883962483529 -0.0310828617936594 -0.0115494922874197 -0.0187582357956748
Stock impact report

Fluent Metal takes a stab at the metal 3D printing market [TechCrunch]

Desktop Metal, Inc. Class A (DM) 
Last desktop metal, inc. class a earnings: 11/1 07:31 am Check Earnings Report
US:NYSE Investor Relations: dommidstream.com/investors
Company Research Source: TechCrunch
The company raised almost half a billion in VC funding. Since then, the company has had a hell of a journey. Last year, Stratasys tried to merge with Desktop Metal in a $1.8 billion deal, but the deal fell through, and these days, Desktop Metal is worth less than $210 million Enter Peter Schmitt , the chief designer at Desktop Metal for the first half of that company's life, who believes he has a better idea. In June 2020, he split off and started his own thing — Fluent Metal — which is taking a different technology path than Desktop Metal's technology. There are no lasers here, and the company claims its technology is less wasteful and more efficient overall. “Drop-on-demand technology is an elegant approach to create complex metal components,” said Peter Schmitt, CEO at Fluent Metal, in a statement to TechCrunch. “Whether it's prototype iterations of an idea or production runs of a single part, Fluent Metal will provide customers with great operational and material flexibility. Show less Read more
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