Desktop Metal, Inc. Announces Sale Of A Production System P-50 And A Fleet Of Metal Binder Jet Systems To FreeFORM Technologies
Portfolio Pulse from Bill Haddad
Desktop Metal, Inc. has announced the sale of a Production System P-50 and a fleet of Metal Binder Jet Systems to FreeFORM Technologies. The financial details of the transaction were not disclosed.
September 11, 2023 | 8:15 pm
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Desktop Metal, Inc. has made a significant sale to FreeFORM Technologies, which could potentially boost its revenues.
The sale of a Production System P-50 and a fleet of Metal Binder Jet Systems to FreeFORM Technologies is a positive development for Desktop Metal, Inc. This could potentially increase the company's revenues and positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100