Craft

Desktop Metal

Stock Price

$5

2024-07-08

Market Capitalization

$165.2 M

2024-07-08

Revenue

$189.7 M

FY, 2023

Desktop Metal Summary

Company Summary

Overview
Desktop Metal is a provider of integrated additive manufacturing solutions including hardware, software, materials, and services with support for metals, polymers, elastomers, ceramics, sands, composites, wood, and biocompatible materials. It offers Production System, a metal 3D printing solution for mass production, Studio System, an office metal 3D printer, Shop System, a machine shops metal binder jetting system, and other products. The company serves the automotive, consumer goods, education, machine design, manufacturing of industrial equipment, and manufacturing tooling industries.
Type
Public
Status
Active
Founded
2015
HQ
Burlington, MA, US | view all locations
Website
https://www.desktopmetal.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Ric Fulop

    Ric Fulop, Chief Executive Officer, Founder & Director

  • Jason Cole, Chief Financial Officer

  • Sarah Webster

    Sarah Webster, Chief Marketing Officer

  • Jonah Myerberg

    Jonah Myerberg, Chief Technology Officer and SVP, Global Engineering

Operating MetricsView all

Facilities Leased, sq. ft.

67K

FY, 2020

Trademarks (US)

8

FY, 2020

Trademarks Pending (US)

8

FY, 2020

LocationsView all

1 location detected

  • Burlington, MA HQ

    United States

    63 Third Avenue

Desktop Metal Financials

Summary Financials

Revenue (Q1, 2024)
$40.6M
Gross profit (Q1, 2024)
($2.2M)
Net income (Q1, 2024)
($52.1M)
Cash (Q1, 2024)
$65.6M
EBIT (Q1, 2024)
($49.4M)
Enterprise value
$243.1M

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