At the very beginning of 2021, Metal desk (NYSE: DM) announced that it has acquired the leader in photopolymer 3D printing EnvisionTEC for $300 million in stock and cash. At the time, Desktop Metal founder and CEO Ric Fulop said the two companies had “the opportunity to shape the future of additive manufacturing 2.0,” and Al Siblani, CEO of EnvisionTEC, was in charge. agreement, stating that bringing the two together “would provide a footprint of customers who can benefit from our combined technology platforms. Today, Desktop Metal kicked off the launch of a new 3D printing brand and wholly-owned subsidiary, ETEC, which focuses on industrial manufacturing customers.
The announcement of this new Additive Manufacturing 2.0 brand comes as EnvisionTEC celebrates its first anniversary as part of the Desktop Metal family. ETEC, pronounced ē-tek, was launched from the assets of EnvisionTEC, of which there are quite a few – the company, which originally invented digital light processing (DLP) 3D printing technology, owns an incredibly strong intellectual property portfolio, with over 130 patents and pending patent applications and over 190 qualified materials.
“ETEC has long roots in the additive manufacturing industry. EnvisionTEC 3D printers, which are best known for their extreme levels of precision and surface finish, have been leaders in the healthcare, dental and medical industry since the company was founded in 2002,” the site states. ETEC website.
“Now, ETEC brings its high-speed polymer 3D printing solutions to consumer and industrial goods manufacturers.”
The new brand was launched to give EnvisionTEC a way to further connect with industrial customers interested in digital mass production of industrial and consumer products via high performance polymer 3D printing. The company’s 3D printers are said to offer excellent surface finish and precision, along with high speed, making them excellent machines for the jewelry, medical and dental industries.
“Desktop Metal’s integration strategy is to focus on customers and their application needs first, so we can build the most personalized and compelling business case for them to adopt desktop technologies. additive manufacturing 2.0 for mass production. Our launch of ETEC and Desktop Health allows us to speak more directly to specific customers with targeted needs and better serve them,” Fulop explained. “ETEC offers incredibly powerful 3D printers paired with proprietary materials that are already driving a new wave of consumer and industrial innovation.”
Desktop Metal is constantly working to integrate materials, technologies, applications and 3D printing software, in order to bring more and more manufacturers towards AM 2.0. This way, all of its customers can reap the benefits of less waste, faster time to market, better financial savings and greater design flexibility, while incurring less risk to their customers. supply chains. If Desktop Metal continues to acquire companies, like Aerosint and ExOne and Aidro and more, it can continue to add new capabilities to its name, making its portfolio incredibly strong.
An example is the recently launched partnership between ETEC and resin manufacturer Adaptive3D, another subsidiary of Desktop Metal. Through another of Desktop Metal’s material and hardware integrations, Adaptive3D’s photo elastomers will now be printed exclusively on ETEC’s 3D printing systems for optimized performance. Today, ETEC offers a wide range of photopolymer materials, including the most tear-resistant elastomer on the market, Elastic Tough Rubber 90 (ETR 90). In fact, you can already find ETR used in products currently on sale, like recoil pads and power tool adapters, and by partnering with ETEC and Desktop Metal, Adaptive3D’s elastomer portfolio has also new applications including seat cushions and shoe midsoles.
The new ETEC brand logo is a representation of the recognizable DLP build plate from above. The logo is representative of the company’s bold, structured new look and go-to-market strategy. Don’t worry if you see the original EnvisionTEC name referenced in some documents and ETEC in others – the brand has its roots in the company’s first name, so both will likely be used globally.