Desktop Metal And Schaeffler To Collaborate On Additive Manufacturing Of Multi-Material Powders, including Metals And Ceramics; Terms Of The Agreement Were Not Disclosed
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Desktop Metal, Inc. (NYSE:DM) and Schaeffler AG are collaborating on additive manufacturing of multi-material powders, including metal and ceramics. Schaeffler has acquired Desktop Metal's Belgium-based Aerosint and will integrate its technology into Schaeffler's laser-based multi-material AM system. Desktop Metal will continue to work with Schaeffler on developing the technology for binder jet 3D printing.
October 26, 2023 | 1:11 pm
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Desktop Metal's collaboration with Schaeffler AG and the acquisition of its Aerosint subsidiary could potentially boost its technological capabilities and market reach.
The collaboration with Schaeffler AG, a leading global manufacturer, could potentially open new markets for Desktop Metal. The sale of Aerosint, while it may result in short-term financial gain, could also enhance Desktop Metal's technological capabilities in the long run as they continue to work together on developing the technology for binder jet 3D printing.
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