Desktop Metal and Trine Acquisition Corp have reportedly finalised their business combination.
According to Desktop Metal, this makes it the only publicly traded ‘pure-play’ additive manufacturing (AM) company.
‘Today is an exciting moment and major milestone for our company and for the additive manufacturing (AM) industry at large,’ said Ric Fulop, CEO of Desktop Metal. ‘The capital raised through our transition to a publicly traded company will accelerate our global go-to-market efforts, enhance our relentless efforts in R&D, and allow us to capitalize on the tremendous growth opportunities we see over the next decade.’
‘We believe the AM industry is at a major inflection point and that Desktop Metal is at the forefront of this transformation,’ he added. ‘This market inflection is being driven by the emergence of AM 2.0 a wave of next-generation AM technologies that unlocks throughput, repeatability, and competitive part costs with a focus on making AM an easy to use, economic solution for mass production.’
This story uses material from Desktop Metal, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
