Markforged made waves on Tuesday with the announcement of adding metal printing capabilities to its FX10 machine. This new feature, known as the FX10 Metal Kit, allows the industrial additive manufacturing machine to print with metal filaments, including a new stainless steel offering. The FX10 machine originally launched with the ability to print composites such as carbon fiber and carbon-fiber-filled nylon.
CEO Shai Terem emphasized the modular platform design of the FX10, allowing for new innovations and upgrades to be released without customers having to purchase a new printer every year. With the introduction of the FX10 Metal Kit, Markforged aims to provide continuously growing value on factory floors for years to come. The new software capabilities released regularly further enhance the overall user experience.
Markforged positions its technologies as a way to strengthen manufacturing resiliency by enabling industrial production at the point of need. The ability to print parts “as strong as 6061-T6 Aluminum” highlights the quality and durability of the output produced by the FX10 machine. This innovative approach to manufacturing has the potential to revolutionize the industry.
Despite its recent success, Markforged faced challenges in the past year, including a lawsuit for patent infringement that resulted in a $17.34 million settlement. However, the company remains focused on the future, with plans to lower annual operating expenses by significant margins. The termination of the lease agreement on the former headquarters signifies a strategic shift towards cost control.
The debut of the FX10 Metal Kit at the upcoming Manufacturing Technology Show in Chicago indicates Markforged’s commitment to showcasing its latest innovations in metal and composite printing. The company’s ability to drive the adoption of additive manufacturing on the factory floor remains a key priority for the future. With a strong balance sheet and a dedicated team, Markforged is poised for continued growth and success in the evolving world of 3D printing.