3DEO ships 150,000 production parts for metal AM applications
June 9, 2020
3DEO, Inc., a metal Additive Manufacturing technology company based in Los Angeles, California, USA, reports that it has shipped 150,000 production parts for end-use applications. This is said to represent a significant milestone for 3DEO, which was founded in 2016 specifically with the aim of competing in high-volume metal manufacturing markets against manufacturing techniques such as CNC machining and metal injection moulding.
“150,000 parts is a terrific milestone for 3DEO,” stated Matt Sand, 3DEO’s President. “It validates our patented technology, our unique business model and our mission to break metal Additive Manufacturing into high-volume production. Today, we routinely win bids against traditional manufacturing because of our competitive cost structure and material performance.”
Metal AM is often considered to be successful only for prototyping and low-volume production in high-value applications. These segments are only a fraction of the total market, limiting the true potential of AM’s impact in manufacturing. The company explains that its mission is to make metal AM widely available for mass production, and the 150,000 pieces serve as considerable evidence that it is realising this mission to penetrate the high-volume market for metal parts.
Matt Petros, 3DEO’s CEO, commented, “We are especially proud of the fact that every single customer we are working with is implementing metal AM in production for the first time. 3DEO’s unique business model and patented technology are the keys that allow 3DEO to finally break through and win parts orders in high volume production where it was previously impossible.”
Rather than sell its AM machines, the company states that its business model is to use its own technology in-house to build an automated end-to-end industrial platform. The company offers customers access to its platform to purchase additively manufactured production parts.
“Our customers don’t want to buy printers, they really just need parts,” added Petros. “The industry today is analogous to the server industry in the late 90s, where people had to buy server infrastructure just to access their data. Companies are buying 3D printers today because there is no other way to get production parts.”
“Our vision for 3DEO is to become the AWS of manufacturing,” he continued. “Our digital industrial platform gives our customers what they actually want – production parts – without any of the headache, cost, or complexity of scaling it up themselves.”
“150,000 parts shipped is only the beginning for us. We are scratching the surface of what’s possible with metal AM in the $130 billion U.S. metal parts market. With our additive and automation software and hardware, combined with our world-class R&D team and quality systems, we are primed to scale metal AM into millions of parts next year,” he concluded.