The automotive and aviation industries, for example, are some of the largest adopters of plastic 3D printing technology for industrial needs. Thus, a car manufacturer may supply spare parts for a large variety of car model’s body by keeping a ‘digital warehouse’ from which spare parts may be printed, and send them to the customer within a few days. The supplier is thus able to save on storage and inventory management costs while maintaining a high level of customer service with “inventory on demand”.
The consumer goods industry also aims to utilize the innovation of industrial printing to develop a range of custom-made products such as shoes, helmets, bike seats, glasses and more. This trend is expected to greatly increase the use of industrial 3D printers.
The company’s core technology is its self-developed semiconductor laser component for 3D printing. The company uses these components for optimal melting of all thermoplastic material families. Its small size (several millimeters), high power, low manufacturing cost has allowed the company to design a new printhead which combines many dozens of laser components into a matrix of laser beams that accelerate printing speed. The company has a registered patent for the use of its laser technology in plastic polymer 3D printing.
The company’s controlling shareholders are Terralab Ventures and Dr. Daniel Majer. Dr. Majer holds a Ph.D. in physics from the Weizmann Institute of Science and has over 25 years of experience in the development of electro-optic components. He has engaged in the development of lasers since 2005 and in the development of 3D printing technology since 2012. The company started out as an incubator company of Terralab Ventures which, after the IPO, holds around 23% of the company’s shares.
Before the IPO, the company raised funds from Terralab Ventures, 3D Ventures Group (US based strategic private group) and a private Israeli investors group. The company is located in Rosh HaAyin, Israel.
3DM has successfully completed an IPO in Tel Aviv Stock Exchange and begun trading in June 2021. The company has raised $13 Million in a Pre-IPO & IPO rounds from several institutional entities.
3DM’s printhead capabilities:
High printing speed, up to ten times and more compared with existing printing technologies, irrespective of the size of the printing surface, will lead to a reduction of up to 90% in printing costs.
Printing any thermoplastic polymer with industrial-standard mechanical performance (up to 2-9 times better than existing technologies) will open up an enormous range of markets and applications for industrial printing.
Printing resolution of up to 5-8 times better than leading printers will allow small details printing and excellent surface finish.
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