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Desktop Metal

Desktop Metal

Facilities Leased, sq. ft.

67 K

FY, 2020

Revenue

$112.4 M

FY, 2021

Market Capitalization

$954.8 M

2022-09-19

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 Fiber (a composite desktop 3D printer), Studio System (an office metal 3D printer), Shop System (a machine shops metal binder jetting system), Production System (metal 3D printing solution for mass production), and other products. The company serves automotive, consumer goods, education, machine design, manufacturing of industrial equipment, and manufacturing tooling industries.
Type
Public
Founded
2015
HQ
Burlington, MA, US | view all locations
Website
https://www.desktopmetal.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Ric Fulop

    Ric Fulop, Chief Executive Officer and Founder

  • Jonah Myerberg

    Jonah Myerberg, Co-Founder, Chief Technology Officer

  • Yet-Ming Chiang
  • Chris Schuh

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 3rd Ave

Desktop Metal Financials

Summary financials

Revenue (Q2, 2022)
$57.7M
Gross profit (Q2, 2022)
$8.4M
Net income (Q2, 2022)
($297.3M)
Cash (Q2, 2022)
$108.0M
EBIT (Q2, 2022)
($292.6M)
Enterprise value
$958.9M

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