June 29, 2022

Desktop Metal Qualifies Sterling Silver on the Production System, Strengthening Additive Manufacturing Leadership in the Jewelry Industry

BOSTON–(BUSINESS WIRE)–Desktop Metal (NYSE: DM) today announced that 925 sterling silver, a popular precious metal, is now qualified for 3D printing on the Production System™ platform, including both the P -1 and the P-50, offering jewelry and luxury goods manufacturers the fastest way to directly 3D print high-quality jewelry, watches, belt buckles, and decorative hardware for bags by hand.

Desktop Metal is also accelerating the development of additional precious metal alloys in 2022, including 18k yellow gold, with active rose gold research and development underway. Desktop Metal and its polymer brand ETEC have a long history of partnering with leading jewelry manufacturers around the world such as Cartier, Stuller, Shinola and Swarovski.

“Qualifying precious metals for direct 3D printing on high-speed binder jetting systems is a major milestone for the jewelry and luxury goods industry,” said Ric Fulop, Founder and CEO of Desktop Metal. “All the design freedom and customization of 3D printing can now be delivered directly at high volumes without all the labor associated with traditional manufacturing processes. Additionally, this new direct 3D printing innovation builds on the established heritage of our ETEC brand, a leader in 3D printers for investment casting models for over a decade, making us the unrivaled leader in complete additive manufacturing solutions for the jewelry and luxury market.

Partnerships to Advance Materials Technology and Development

To advance the technology and materials needed to bring world-class 3D print quality, productivity and cost-effectiveness to the demanding luxury goods and jewelry market, Desktop Metal is partnering with two leaders in the production of precious metal powders and parts: Formula 3D Corporation founded by Christian Tse of Christian Tse Designs & Manufacturing Inc. for the American market and Neoshapes for international customers. These two collaborations aim to enable the luxury goods and jewelry markets to adopt metal binder jetting processes to produce end-use parts in precious metals, steels, etc.

Formula 3D Corporation offers designers and manufacturers a complete, end-to-end solution for 3D printing precious metals – from design to beautiful, ready-to-use finished quality jewelry. A new video released with Christian Tse shows how this Monrovia, CA-based luxury design and manufacturing house is using the Desktop Metal Production System P-1 to reinvent their jewelry making.

“Desktop Metal’s production system adds tremendous value to our existing jewelry manufacturing processes, increasing production efficiency, bringing new designs to market faster and providing our customers with greater versatility. and multiple styling options. We can actually print in precious metals in two hours what we do in two days with casting,” said Christian Tse. consider new options to circumvent some of the supply chain challenges faced by the fine jewelry industry.We can circumvent shipping delays and assembly costs, as well as customs duties, by direct printing precious silver, instead of shipping the physical metal.

Neoshapes, a Swiss company based in Geneva, Switzerland, founded by experienced executives in the luxury industry, takes a unique end-to-end approach – from production and powder supply to printing and post- processing of precious metal components, as well as consulting services to enable industry players to easily transition their production processes to binder jetting technology.

“Binder jetting opens new perspectives for the luxury industry, even more now with the qualification of precious metal alloys, giving additional leverage to develop and produce creative products from a single file, taking a leap forward in the digital supply chain. The time to market for new creative products is also significantly reduced, allowing brands to better meet demand while maintaining minimal inventory,” said Stéphane Vigié, co- founder of Neoshapes.

Binder jetting ushers in a new era for jewelry making

The production system’s Single Pass Jetting™ (SPJ) technology, which offers high-speed 3D printing of metals, enables jewelers to adopt a fully digital and agile manufacturing workflow. Jewelers can have greater flexibility and design control, allowing designers and manufacturers to scale new designs that were previously impossible or difficult to produce without significant manual labor – such as bracelets or necklaces chain link, where links can be 3D printed in one piece instead of being manually assembled one link at a time. Additionally, jewelers can leverage additive manufacturing for localized production, reducing reliance on long-lead global supply chains and providing opportunities to outsource manufacturing.

The benefits of additive manufacturing for luxury goods and jewelry applications are significant:

Customization and design freedom at high volumes

Up to tens of thousands of pieces of jewelry per day can be 3D printed on the production system, and manufacturers can produce the same pieces or custom, unique pieces, all in one build.

Digital inventory provides greater production flexibility

By eliminating time-consuming techniques such as casting, manufacturers can easily iterate and scale new designs – once a design is finalized, printing and production can begin immediately. Manufacturers can also establish digital inventories, digitally storing design files for on-demand production, reducing working capital requirements.

Significant waste reduction through recycling and reuse

With the production system, nearly all of the bulk powder recovered during the printing and depowdering process can be recycled and reused for subsequent prints, providing additional cost savings and reducing waste. materials.

World’s fastest way to 3D print sterling silver jewelry on display at JCK Show

Exquisite jewelry designs by Christian Tse printed in sterling silver on the production system will be on display June 10-13 in Las Vegas at the 2022 JCK Show, a premier jewelry event in North America, at booth #52025. Additionally, Desktop Metal will showcase affordable solutions for jewelry casting, including the ETEC D4K printer, a high-resolution, professional-grade desktop 3D printer suitable for end-use, dental, and jewelry applications.

To learn more about the production system and precious metal printing, visit: www.desktopmetal.com/production.

About Desktop Metal

Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating manufacturing transformation with a broad portfolio of 3D printing solutions from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy and robotics, the company is addressing the unmet challenges of speed, cost and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the World’s 30 Most Promising Technology Pioneers by the World Economic Forum, named to MIT Technology Review’s 50 Smartest Companies list, and winner of Fast Company’s 2021 Innovation by Design Award in Materials and Fast Company’s Next Big Things in Tech Award for Sustainability. For more information, visit www.desktopmetal.com.

About Formula 3D Corporation

Founded in 2019 by Christian Tse, Formula 3D Corporation is an additive manufacturing company focused on precious metals, providing 3D printing products and solutions for the fine jewelry, dental, medical and space industries. Based in Monrovia, Calif., Formula 3D aims to revolutionize the US manufacturing industry by providing access to a comprehensive ecosystem of 3D precious metal manufacturing services and products, including atomized powders, 3D printing, zero-finishing contact and metal alloys. www.formula3Dcorp.com.

About Neoshapes®

With a long experience in additive manufacturing serving the luxury industry, Neoshapes is the first integrated specialist dedicated to 3D printing for the global luxury sector. With a strong focus on precious metals, Neoshapes offers a full range of turnkey solutions that ensure increased efficiency and superior quality excellence for its Partner Brands. Neoshapes was created to meet the ever-changing needs of the luxury industry, in particular a more personalized connection with consumers with services such as on-demand production, limited editions, personalization and special orders – from growing trends that are currently not well served. by traditional manufacturing methods. Based in Geneva, Switzerland, Neoshapes is fully committed to 3D printing luxury goods with core competencies in precious metals, from material traceability to alloying, powder coating, printing, finishing and traceability of finished products, all under one roof.

Forward-looking statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”. , ‘plan’, ‘may’, ‘should’, ‘will’, ‘would’, ‘will’, ‘will’, ‘will probably’ and similar expressions. Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks, uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained herein, including, but not limited to, the risks and uncertainties set forth in Desktop Metal, Inc.’s filings with the United States Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on any forward-looking statements, and Desktop Metal, Inc. undertakes no obligation and does not intend to update or revise any such forward-looking statements, whether as a result new information, future events or otherwise. .