Category Archives: Featured News

Wintersteiger Selects Siemens for PLM

siemens-logo-en-2xPLANO, TX, Apr 26, 2017 – Wintersteiger, a specialist machinery manufacturing company in Austria, has selected Siemens as its exclusive product lifecycle management (PLM) software supplier in support of its digitalization efforts. Wintersteiger will replace its existing heterogeneous portfolio of software systems for product data management with Siemens’ Teamcenter portfolio, the world’s most widely used digital lifecycle management software. In addition, Wintersteiger plans to migrate all its existing design and development systems to NX software, Siemens’ flagship solution for integrated computer-aided design, manufacturing and engineering (CAD/CAM/CAE). By integrating its product development software with the new Teamcenter platform, Wintersteiger product development designers and engineers will be able to collaborate more efficiently and directly, even across the various divisions and subsidiaries in the group.

wist_0031_300dpi_CMYK“First and foremost, we expect greatly improved synergies between our development departments, and we are confident that the new Siemens software will meet our expectations,” says Christian Rauscher, CTO at Wintersteiger AG. “The deeply integrated Siemens portfolio will empower our design engineers. It will create a broad base for their combined knowledge and experience on which they will be able to efficiently and flexibly develop new products bound to be successful in their various markets.”

Introduction of the PLM software began this quarter at Wintersteiger headquarters, where Siemens and Wintersteiger are working jointly to tailor the solution to meet the needs of Wintersteiger’s diverse business segments. Wintersteiger produces machinery for industries such as service and rental solutions for the entire ski and snowboard sport, wood technology, seed mechanics, metals and automation. In a second step, Teamcenter will be rolled out to the entire Wintersteiger group, covering Wintersteiger AG and VAP Gruber Automations GmbH in Austria as well as Wintersteiger Sägen GmbH and Kohler Maschinenbau GmbH in Germany. Implementing Teamcenter and NX across the entire group provides a scalable, flexible digital enterprise solution for mechanical design which will be adapted to changing requirements. Using a single, comprehensive platform will prepare Wintersteiger to quickly and efficiently adapt to future challenges across all industries.

“For companies building machinery at the threshold of Industry 4.0, rapidly changing requirements are the norm rather than the exception,” said Hermann Kaineder, country manager Austria, Siemens PLM Software. “Solutions that allow users to master new challenges collaboratively, and therefore quickly and simply, will help companies meet these future needs. We are proud that Wintersteiger decided in favor of Siemens PLM Software to boost their group-wide digitalization strategy using NX and Teamcenter.”

About Siemens PLM Software

Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over 15 million licensed seats and more than 140,000 customers worldwide. Headquartered in Plano, TX, Siemens PLM Software works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve a sustainable competitive advantage by making real the innovations that matter.

For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

About Siemens AG

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2015, which ended on September 30, 2015, Siemens generated revenue of €75.6 billion and net income of €7.4 billion. At the end of September 2015, the company had around 348,000 employees worldwide.

Further information is available on the Internet at www.siemens.com.

Theorem Launches Visualization App for Microsoft HoloLens

TheoremSolutions_logoSTAFFORDSHIRE, UK, Apr 26, 2017 – Theorem Solutions free Visualization application for the Microsoft HoloLens, mixed reality device, has been officially launched on the Microsoft App Store and is now available for download.

AppThe App allows users to visualize and experience engineering and manufacturing design data in a mixed reality environment that combines the ‘real-world’ with high quality holographic representations.

It’s a simple process to download the free Visualization Experience App from the Microsoft App store, and only requires a few details for validation: name, company name, a valid email address and Microsoft HoloLens headset.

The user will then receive an email that needs to be responded to in order to unlock a free 90 day trial of the Theorem Mixed Reality Visualization Experience.

The Visualization Experience gives users access to a number of different sets of engineering data supplied by Theorem, that can be used to test the ‘experience’ in the Mixed Reality realm and see how the technology can suit a number of different use cases.

At any time during the free trial, users have the option to upgrade to the full subscription license (further details upon request) which will enable them to load their own engineering and manufacturing CAD and PLM data where it is automatically optimized for use in the Microsoft HoloLens.

Theorem’s Experience Server then streams the data to the device allowing the user to interact and engage with their data like never before. The data comes to life in the Visualization Experience as it’s selected on the device, giving the user complete freedom of movement to view, manipulate and interrogate their 3D data, all controlled by the use of hand gestures and voice commands.

To download the free App from the Microsoft App Store please visit: https://www.microsoft.com/store/apps/9nfvr4dp3c6q

For further information, please visit http://www.theorem.com/digital-realities.

About Theorem Solutions

Theorem Solutions works with engineering and manufacturing companies to reduce the cost of project collaboration with their customers, suppliers and internal departments. The innovative and advanced data translation products and services provided also helps to protect the value of engineering data and the intellectual property it contains.

For more information, visit www.theorem.com.

Building Systems Design to Launch SpecLink Cloud at A’17

BSD_Logo_NewATLANTA, GA, Apr 26, 2017 – Building Systems Design, (BSD) announced it will launch its newest product, SpecLink Cloud, to the more than 14,000 attendees at A’17, the American Institute of Architects’ annual conference, to be held in Orlando April 27-29.

SpecLink Cloud is a platform designed to simplify sharing and collaborating on building project specifications. Designed with the project team in mind, SpecLink Cloud enables architects, engineers and specifiers to share and review specifications with their constituents including owners, consultants and contractors. The solution is cloud-based and projects are accessible on any browser-enabled device with information organized on a central, secure platform. Customers also have complete control over who has access to that information. SpecLink Cloud is a companion tool to BSD’s popular SpecLink-E, the most advanced solution available today for specification writing and production.

“SpecLink Cloud gives our clients the power to quickly and easily view and share project specifications,” said Chris Anderson, BSD’s chief executive officer. “The quality of the end result is most important to our clients, and SpecLink Cloud will clarify communication and coordinate federated documentation. We’re confident this new tool, combined with our SpecLink-E software, will improve efficiencies and reduce redundancies and charge backs for our clients.”

The SpecLink Cloud platform simplifies collaboration by organizing reviewer comments in a central location, with easy access by every project team member. This significantly reduces the time needed to collect and aggregate feedback. Designed for building designers by building designers, SpecLink-E provides documentation for all types of projects and all phases of a project, from programming through construction administration. BSD’s team of experienced spec writers are continuously updating and refining the master content available on both SpecLink-E and SpecLink Cloud.

Demos of both SpecLink Cloud and SpecLink-E will be available at BSD’s booth 2869 at the AIA Conference A’17. Learn more and request a demo at http://www.bsdsoftlink.com/products.

About BSD

Building Systems Design creates and supports advanced specification writing and interoperability products that are used nationwide for more than 10,000 commercial, institutional and industrial users annually. BSD has offered software tools for the architecture, engineering and construction industry since 1983 and the company is a platinum partner of the Construction Specifications Institute and an AIA Cornerstone Partner.

For more information, visit www.bsdsoftlink.com.

COMSOL Multiphysics, Server v5.3 Released for Simulation

comsol_logo_newBURLINGTON, MA, Apr 26, 2017 – COMSOL, Inc., the leading provider of software solutions for multiphysics modeling, simulation, and application deployment, announced the latest release of the COMSOL Multiphysics and COMSOL Server simulation software.

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Numerical simulation of the electrochemical potential distribution along an oil rig in sea water using the Boundary Element method.

Version 5.3 provides simulation specialists with notable performance improvements and powerful app design and deployment capabilities with new modeling and development tools, solvers, and user-driven features. In many cases, users will experience a speedup of ten times or more in software responsiveness, such as in preprocessing tasks for handling models with several thousand boundaries and domains.

Enhanced Efficiency with New Mathematical Methods and Solvers

“Version 5.3 is a result of our continued focus on delivering highly capable mathematical modeling tools. Our users will find great value in new solvers, the new physics interfaces, and the many enhancements throughout COMSOL software, from model creation to deployment of apps,” comments Svante Littmarck, president and CEO, COMSOL, Inc.

With version 5.3 the boundary element method (BEM) is available for modeling electrostatics and corrosion effects. “This means that users can easily combine boundary element and finite element methods for greater flexibility in their multiphysics simulations,” continues Littmarck. The Boundary Element method enables users to simulate models with infinite domains and voids, as well as to quickly set up simulations that combine wires, beams, surfaces, and solids in the same model. Typical uses for this functionality include the modeling of electrical cathodic protection, cables, or capacitive sensors.

Users handling large CFD models will benefit from the new algebraic multigrid (AMG) solver implemented in version 5.3. The AMG solver requires only a single mesh level and is now the default option for many fluid flow and transport phenomena interfaces. Users modeling turbulent flows can benefit from more robust computations with the automatic treatment of walls. This feature blends high-fidelity low-Reynolds formulation with wall functions.

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The algebraic multigrid (AMG) solver allows for solving large fluid flow problems with a single mesh level. The simulation process is more robust for problems such as fluid-structure interaction in a solar panel.

A Powerful Suite of Development Tools for Increased Productivity

The model builder now more rapidly handles geometry and mesh operations for models with large arrays and complicated solid operations in 3D. Users working with models and geometry requiring the use of several element types will benefit from the automatic generation of pyramidal elements to handle the transition between swept, hexahedral, prismatic, and tetrahedral meshes. A new option for automatic geometry defeaturing through virtual geometry operations is now available to users. “We continue to see improved performance for large models across the board. This is not only about solution time but also how the software handles large models in the user interface, including geometry and mesh,” comments Bjorn Sjodin, VP of product management, COMSOL, Inc.

With the introduction of model methods in version 5.3, it is easy to automate repetitive operations directly in the model builder. ”You can now simply record a set of operations, like a macro, and use the resulting method while setting up or solving a model. This is an important usability feature with many possible applications. For example, you can create a reusable model method that generates a complicated array of geometric objects to expand on the standard functionality of the model builder,” continues Sjodin.

The application libraries feature more than 50 new and updated tutorial models, allowing users to quickly adopt new features, tools, and modeling techniques. The tutorials span several areas, from permanent magnet motors, cables, and horn antennas, to supersonic flows, electronics cooling, and vibration and noise in a gearbox.

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The algebraic multigrid (AMG) solver allows for solving large fluid flow problems with a single mesh level. The simulation process is more robust for problems such as fluid-structure interaction in a solar panel.

More Functionality for App Design and Deployment

The application builder allows simulation specialists to create apps based on their multiphysics models. The app interface can be easily customized and accessed via a browser or a Windows client, which connects to a local installation of COMSOL Server. Updates to COMSOL Server include comprehensive log files for user activity as well as a centralized cluster administration setting in the COMSOL Server Web interface for easy setup of running apps on clusters. In the application builder, app designers can now define customized actions when clicking on plots in graphics objects, enabling the easy creation of interactive apps.

Cornell Dublier, founded in 1909 and a leading global manufacturer of high-quality capacitors, uses COMSOL Server for deploying computational apps to engineers at different sites around the world. “Using COMSOL Multiphysics and its Application Builder I can create models and build apps based on them. This allows other departments to test different configurations for their particular requirements and pick the best design,” comments Sam Parler, research director at Cornell Dubilier.

“It’s exciting to see how customers are benefiting from building and deploying simulation apps,” says Littmarck. “Case studies across industries are demonstrating how simulation specialists are leveraging simulation apps to expand the use of multiphysics simulation.”

As a part of a food science curriculum, Cornell University is using simulation apps that connect via a browser to the school’s local installation of COMSOL Server. “Simulation apps bring new opportunities to education. In a food safety class, the app enables multidisciplinary learning where a biological science student can simulate many what-if scenarios realistically,” comments Prof. Ashim Datta, Department of Biological & Environmental Engineering, Cornell University.

Availability

COMSOL software products are supported on Windows operating system, Linux operating system, and macOS operating system. The Application Builder is supported in the Windows operating system.

To browse version 5.3 release highlights, visit www.comsol.com/release/5.3.

To download the latest version of COMSOL Multiphysics software and COMSOL Server product or update your current installation, visit www.comsol.com/product-update.

Highlights of New Features and Tools Available in Version 5.3

    • COMSOL Multiphysics and COMSOL Server: Performance improvements for handling of large models and faster load and save of model MPH files. Model methods for automating repetitive operations are available directly from the Model Builder. Using Selections as a plot attribute. Customized actions when clicking on graphics objects. Administrator cluster settings and log file for application usage.
Functionality Speedup*
Selections of domains, boundaries, edges, and points 10x
Virtual geometry operations (collapse faces) 10x
Swept meshing 10x
OpenGL rendering 10x
CAD import 5x
COMSOL native geometry kernel 5x
Load/save of .mph files 2-10x

**Speedup compared to version 5.2a. The actual speedup may be better or worse depending on the details of the model.

  • Geometry and Mesh: Performance improvements. Automatic pyramid element transitions. Automatic removal of geometric details. Adaptively generated meshes are now integrated with user-defined mesh sequences. Coordinate systems available in primitive solid operations.
  • Mathematical Modeling Tools, Studies, and Visualization: Boundary element method for electrostatics and corrosion. Algebraic Multigrid (AMG) solver for CFD. Direct and iterative solver suggestions for choosing between fast or memory conservative solver. Combine two transient or parametric solutions into one. Simultaneous visualization of two quantities on the y-axis of 1D plots. Quick selection filters for plots.
  • Electromagnetics: New physics: Electrostatics, Boundary Elements; Schrödinger Equation. New study type for fast capacitance and general lumped matrix calculations. Calculate S-Parameters from transient simulations. Part library for standard RF and microwave components. New permanent magnet motor tutorial model.
  • Structural & Acoustics: New physics: Thermoviscous Acoustics, Transient; Poroelastic Waves updated with new Biot-Allard Model. Easier setup of models with self-equilibrating loads with automatic constraints of rigid body motions. Safety factors in linear elastic analysis for quick assessment of the need for elastoplastic analysis. Stress linearization evaluation for pressure vessels. New Lemaitre-Chaboche viscoplastic material model. New Rotor Bearing System Simulator app for rotordynamics. Two new tutorial models for vibrations and noise in a gear box and an induction motor. Perfectly matched layers (PMLs) for absorption of outgoing waves for pressure acoustics in the time domain. Transient thermoviscous acoustics analysis.
  • Fluid Flow & Heat Transfer: New physics: Fluid Flow with v2-f turbulence model; Heat and Moisture Transport. New highly automatic and robust Algebraic Multigrid (AMG) solver for CFD. Automatic treatment of flow near walls that blends a low-Reynolds model with wall functions. New building and refrigerant materials. Diffuse and direct solar radiation. Symmetry planes for heat radiation in all directions simultaneously.
  • Chemical: New physics: Current Distribution, Boundary Elements; Reacting Flow in Porous Media; Transport of Diluted Species in Fractures. Modeling tools for thin electrode and electrolyte layers.
  • Multipurpose & Interfacing: Periodic conditions for particle tracing. Automatic termination of rays in ray optics based on user-defined bounding box or intensity drop. Import of photometric data files for ray optics. Easier modeling of particles in rotating machinery with new rotating frames functionality. More efficient set-up of selections for CAD Assemblies with LiveLink for SOLIDWORKS and LiveLink for Inventor. Support for synchronizing curves and points with LiveLink for AutoCAD. New tutorial for importing and meshing a PCB Geometry from an ODB++ archive file.

About COMSOL

COMSOL is a global provider of simulation software for product design and research to technical enterprises, research labs, and universities. Its COMSOL Multiphysics product is an integrated software environment for creating physics-based models and simulation apps. A particular strength is its ability to account for coupled or multiphysics phenomena. Add-on products expand the simulation platform for electrical, mechanical, fluid flow, and chemical applications. Interfacing tools enable the integration of COMSOL Multiphysics simulations with all major technical computing and CAD tools on the CAE market. Simulation experts rely on the COMSOL Server product to deploy apps to their design teams, manufacturing departments, test laboratories, and customers throughout the world. Founded in 1986, COMSOL employs more than 480 people in 21 offices worldwide and extends its reach with a network of distributors.

For more information, visit www.comsol.com.

Dassault Q1 Revenue Down 13% to €760M with €86M Profit

logo_3DS_dassaultVÉLIZY-VILLACOUBLAY, France, Apr 26, 2017 - Dassault Systèmes, the 3DEXPERIENCE company, world leader in 3D design software, 3D digital mock up and product lifecycle management (PLM) solutions, today announced IFRS unaudited financial results for the first quarter ended March 31, 2017. These results were reviewed by the company’s board of directors on April 25, 2017.

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Comparative analysis based on Dassault’s financial results in the last 12 quarters (Result source Dassault website)

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Comparative analysis based on Dassault’s financial results in the last 12 quarters (Result source Dassault website)

This quarter’s revenue stood at €759.8 million, a drop of 13% compared to the quarter four’s revenue (€875.0 million) of last year, with a profit of €86.4 million.

Bernard Charlès, Dassault Systèmes’ vice chairman and chief executive officer commented, “In early April Dassault Systèmes brought together in Milan key innovators from around the globe who demonstrated that a new era, Design in the Age of Experience is well underway. In this era design is about creating experiences, introducing new business plans, leveraging science, learning from nature and creating unique consumer experiences, thanks to increased affordability of virtual and augmented reality technologies.

“Our software portfolio is well positioned to respond to these new market needs and to help our clients succeed in this new era. FCA, Fiat Chrysler Automobiles, selected our ‘Drive Emotion’ industry solution experience based on the 3DEXPERIENCE platform to unify its global design studios and to develop the mobility experiences of tomorrow. Working with 3DEXCITE, Ford Motor Company and DS Automobiles, a division of PSA, have created for consumers immersive virtual reality experiences leveraging their digital assets. Partnering with the National Institute for Aerospace Research, the 3DEXPERIENCE Center is opening at Wichita State University as part of WSU’s Innovation Campus. This represents another initiative we are doing to contribute to the aerospace industry’s development in important areas such as new engineered materials, additive manufacturing processes and multi-robotics advanced manufacturing.

“From a financial perspective, the strength of our offer translated into 8% non-IFRS revenue growth in constant currencies during the first quarter. Our two largest industries, transportation & mobility and industrial equipment, drove these results. On top of this our diversification industries represented 32% of total software revenue in the quarter, with our presence in High Tech continuing to expand, and notable performances from consumer product goods-retail and architecture, engineering & construction.”

A complete chart of the financial results is available here.

Today’s Webcast and Conference Call Information

Today, Wednesday, April 26, 2017, Dassault Systèmes will first host a webcasted meeting from London at 8:30 AM London time/ 9:30 AM Paris time and will then host a conference call at 9:00 AM New York time/ 2:00 PM London time/ 3:00 PM Paris time. The webcasted meeting and conference call will be available via the Internet by accessing http://www.3ds.com/investors/. Please go to the website at least 15 minutes prior to the webcast or conference call to register, download and install any necessary audio software. The webcast and conference call will be archived for 1 year.

Additional investor information can be accessed at http://www.3ds.com/investors/ or by calling Dassault Systèmes’ Investor Relations at 33.1.61.62.69.24.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 220, 000 customers of all sizes, in all industries, in more than 140 countries.

For more information, visit www.3ds.com.

Desktop Metal Launches DM Studio, DM Production Systems

DesktopMetal_logoBURLINGTON, MA, Apr 26, 2017 – Desktop Metal, the company committed to making metal 3D printing accessible to global manufacturers and engineers, today launched two systems covering the full product lifecycle — from prototyping to mass production — which mark a fundamental shift in how products will be developed and brought to market. The DM Studio and DM Production systems change the rules of traditional metal manufacturing solutions with the advent of first-of-its-kind innovative approaches that reduce costs and significantly increase speed, safety, and print quality.

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The DM Studio System is the world’s first affordable, office-friendly metal 3D printing system (Photo: Business Wire)

The first office-friendly metal 3D printing system for rapid prototyping, the Desktop Metal Studio System is 10 times less expensive than existing technology today. The system is a complete platform, including both a printer, starting at $49,900, and microwave-enhanced sintering furnace that, together, deliver complex and even impossible geometries of metal 3D printed parts right in an engineer’s office or on the shop floor.

The DM Studio System:

  • Eliminates the need for expensive, industrial facilities to safely house the technology. Unlike traditional metal 3D printing processes, the DM Studio System requires no hazardous powders, no lasers and no cutting tools to operate. Instead the DM Studio System uses Bound Metal Deposition (BMD), a proprietary process, to make accurate and repeatable parts, similar to the safest and most widely used 3D printing process for plastics, Fused Deposition Modeling (FDM) technology.
  • Makes metal 3D printing drop-dead simple. No need for dedicated operators, the DM Studio System uses cloud-based software to streamline the entire workflow so engineers can go from computer-aided design (CAD) software to printed parts seamlessly. Proprietary Separable Supports make it possible to remove support structures by hand, while swappable print cartridges make for safe, fast material changes.
  • Significantly increases the versatility of prototyping. Out of the box, the DM Studio System is designed to support hundreds of different metal alloys — the same metals used to mass produce parts can now be used to prototype them.
Propeller

The DM Studio System speeds up prototyping to go to market faster. Print highly complex metal parts, like this propeller, in the office instead of waiting a week or more for machined or cast parts. (Photo: Business Wire)

To manufacture metal 3D printed parts at scale, Desktop Metal also announced the launch of the fastest 3D printing system for mass production of high resolution metal parts today, the DM Production System. Using new, proprietary Single Pass Jetting (SPJ) technology, the DM Production System is 100 times faster than today’s laser-based additive manufacturing systems. For customers, the Production System dramatically reduces the cost-per-part when compared with today’s laser-based systems, for the first time making it competitive with mass production techniques like casting.

“Until now, metal 3D printing has failed to meet today’s manufacturing needs due to high costs, slow processes and hazardous materials,” said Ric Fulop, CEO and co-founder of Desktop Metal. “With a team of some of the world’s leading experts in materials science, engineering and innovation, Desktop Metal has eliminated these barriers by developing metal 3D printing systems that can safely produce complex, strong metal parts at scale.”

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This metal 3D printed pump housing part is sintered in the Desktop Metal furnace that can reach temperatures as high as 1400°C. (Photo: Business Wire)

Since its inception in October 2015, Desktop Metal has raised $97 million and attracted major investors, including GV (formerly Google Ventures), BMW Group, GE, Lowe’s, NEA, Kleiner Perkins Caufield & Byers, Lux Capital, Saudi Aramco, and 3D printing leader Stratasys. With over 138 patents filed and a growing team of more than 100 employees, Desktop Metal continues to gain momentum as it brings its products to market. Members of the founding team, in addition to Fulop, include some of the most forward-thinking innovators in the industry: Jonah Myerberg, chief technology officer and a leader in materials engineering; Ely Sachs, MIT professor and early pioneer of 3D printing, inventor of binder jet printing; Yet-Ming Chiang, MIT professor and one of the world’s top materials scientists; Christopher Schuh, chairman of the MIT Dept. of Materials Science & Engineering and one of the world’s leading metallurgists; A. John Hart, MIT professor and expert in manufacturing and machine design; and Rick Chin, VP of Software, who was one of the early team members of SolidWorks and previously founder of Xpress 3D (acquired by Stratasys).

“The rapid pace of innovation in technology is enabling OEMs to design, produce and deliver their products differently. I see a huge potential for the highly competitive automotive industry to accelerate product development and production,” said Uwe Higgen, managing partner of BMW i Ventures. “Desktop Metal’s technology offers a new way for the manufacturing industry to be smarter, faster and more cost effective with metal 3D printing. Whether it’s rapid prototyping or output at scale, a solution for printing metal parts that is competitive to the traditional manufacturing processes is certain to change the face of automotive design and production.”

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CEO Ric Fulop (right) and Materials Research Scientist Uwe Bauer in Desktop Metal’s R&D lab. (Photo: Business Wire)

“Caterpillar’s Parts Network has twenty-one distribution centers around the world that hold hundreds of thousands of service parts to provide over 2,000 dealer locations with the parts needed to provide our customers with their expected uptime,” said Don Jones, Caterpillar global parts strategy manager. “By leveraging a portion of 3D printing for metal parts, we will be able to enhance best in class service with lower inventory investment. We are excited to evaluate the Desktop Metal suite of products, which will allow us to print metal parts at high speed and minimal post processing and environmental constraints closer to our customers, reducing the need to expedite ship critical parts from across the globe.”

The DM Studio System is available to reserve in May with shipping beginning in September 2017. The Studio printer is available for $49,900 and the complete system, including printer, debinder, and furnace, is $120,000. The DM Production System is available on reserve in May for shipping beginning in 2018.

About Desktop Metal

Desktop Metal, Inc., based in Burlington, MA, is accelerating the transformation of manufacturing with end-to-end metal 3D printing solutions. 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 metal 3D printing an essential tool for engineers and manufacturers around the world.

For more information, visit www.desktopmetal.com.