Markforged, a Boston-based industrial additive manufacturing company, has announced the addition of metal printing capabilities to its FX10 machine. With the introduction of the FX10 Metal Kit, this machine can now print using metal filaments, including a new stainless steel offering.
The FX10 machine was initially launched at the end of last year, focusing on printing composites such as carbon fiber and adjacent materials like carbon-fiber-filled nylon. According to Markforged, the machine is capable of producing parts that are as strong as 6061-T6 Aluminum.
CEO Shai Terem emphasized that the FX10 was designed as a modular platform. This allows for the release of new upgrades and innovations without customers needing to purchase a new printer every year. Alongside regular software capabilities updates, the FX10 Metal Kit aims to provide continuously growing value on factory floors for years to come.
The addition of metal 3D printing capabilities comes at a time when the industry is experiencing significant changes. One notable example is Nano Dimension’s acquisition of Desktop Metal, which occurred after Desktop Metal reduced its staff by 12%. Markforged also faced its own challenges, as it was ordered to pay $17.34 million for patent infringement. However, the company remains focused and excited about the future, with a strong balance sheet, effective cost controls, and an innovative product line.
Markforged’s CEO, Shai Terem, recently outlined plans to significantly reduce the company’s annual operating expenses by up to $70 million. This includes terminating the lease agreement on its headquarters. These cost-saving measures reflect the company’s determination to streamline operations and improve its financial position.
The new Metal Kit will make its debut at the upcoming Manufacturing Technology Show in Chicago. Markforged plans to showcase its printing capabilities using both continuous fiber reinforced composites and metal. This event will provide an opportunity for manufacturers to witness the potential of additive manufacturing on the factory floor.