The Shop System offers reliable production of serial batches of complex, end-use metal parts in a fraction of the time and cost of conventional manufacturing and comparably priced AM technologies. Featuring the highest resolution and most advanced print engine in the binder jetting market, the Shop System is a complete end-to-end solution that includes a single pass, binder jetting printer; a drying oven for hardening green parts prior to depowdering; a powder station for depowdering parts with built-in powder recycling; Desktop Metal’s furnace designed for accessible, industrial-strength sintering; and integrated powder handling accessories and workflow. This turnkey solution together seamlessly integrates with existing shop operations.
Key Shop System benefits include:
- Easy to use and operate. Designed with the modern machine shop in mind, the Shop System produces parts with excellent surface finish and resolution at the push of a button through its easy-to-use software interface. It features engineered powders and processing parameters optimized for use with the system to deliver exceptional quality and ensure repeatability.
- High productivity. Featuring a high-speed, single pass print carriage, the Shop System produces high-quality, complex metal parts up to 10 times the speed and at a fraction of the cost of legacy PBF additive manufacturing technologies, amplifying customers' existing output with up to hundreds of end-use metal parts per day. Speeds up to 800 cc/hour enable batches of tens or hundreds of complex printed parts in as little as five hours.
- Superior print quality. Customers can print dense, complex parts with incredibly fine feature detail.
- Rich feature detail with exceptional surface finish. Achieved through an advanced single pass printhead with 1600 native DPI, the Shop System delivers 400% higher resolution than legacy binder jetting systems. Reliable print quality is supported by the printhead’s 5x nozzle redundancy -- 25 percent higher redundancy than comparable binder jetting systems.
Binder Jetting Technology Ushers in Additive Manufacturing 2.0
As a solution for mid-volume parts production through AM, the Shop System is a critical element of the Additive Manufacturing 2.0 revolution that is reshaping the future of manufacturing. As the emergence of AM 2.0 enables throughput, repeatability, and part costs that can compete with conventional manufacturing processes, the additive manufacturing sector is expected to surge from $12 billion in 2019 to an estimated value of $146 billion by the end of the decade1.
“Many of the benefits that have long been touted for 3D printing - mass customization, complex geometries, lightweighting, assembly consolidation, tool-free manufacturing, digital inventories, and more - all come bundled as part of AM 2.0,” said Fulop. “Taken together, this suite of benefits represents a new approach to the way metal parts are being designed, prototyped and now, with the Shop System, manufactured.”
With variable build box configurations ranging from 4L to 16L, the Shop System is designed to scale throughput to each shop’s needs. Pricing starts at $166,500 for the 4L printer (350 x 220 x 50mm) and up to $241,500 for the 16L printer (350 x 220 x 200mm). In addition with the Shop System’s end-to-end hardware solution, customers will gain access to Desktop Metal’s Fabricate MFG™ build preparation software, as well as to the Company’s newly-released Live Sinter™ application, a sintering process simulation software that corrects for shrinkage and distortion of binder jet 3D printed parts during sintering, minimizing process trial and error while improving accuracy.
The general availability of the Shop System is another major announcement that follows Desktop Metal’s recent signing of a definitive business combination agreement with Trine Acquisition Corp. (NYSE: TRNE), a special purpose acquisition company led by Leo Hindery, Jr., and HPS Investment Partners, a global credit investment firm with over $60 billion in assets under management.
About Trine Acquisition Corp
Trine Acquisition Corp is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit
www.trineacquisitioncorp.com.
About Desktop Metal
Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with end-to-end 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 3D printing 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 list of 50 Smartest Companies; and recognized among the most important innovations in engineering in Popular Science’s “Best of What’s New.” For more information, visit
www.desktopmetal.com.
- Based on Wohlers Report 2020, Wohlers Associates
Forward-Looking Statements Legend
This document contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed transaction between Desktop Metal, Inc. ("Desktop") and Trine Acquisition Corp. ("Trine"), including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the services offered by Desktop and the markets in which it operates, and Desktop’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of Trine’s securities, (ii) the risk that the transaction may not be completed by Trine’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Trine, (iii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the agreement and plan of merger by the shareholders of Trine and Desktop, the satisfaction of the minimum trust account amount following redemptions by Trine’s public shareholders and the receipt of certain governmental and regulatory approvals, (iv) the lack of a third party valuation in determining whether or not to pursue the proposed transaction, (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the agreement and plan of merger, (vi) the effect of the announcement or pendency of the transaction on Desktop’s business relationships, performance, and business generally, (vii) risks that the proposed transaction disrupts current plans of Desktop and potential difficulties in Desktop employee retention as a result of the proposed transaction, (viii) the outcome of any legal proceedings that may be instituted against Desktop or against Trine related to the agreement and plan of merger or the proposed transaction, (ix) the ability to maintain the listing of Trine’s securities on the New York Stock Exchange, (x) the price of Trine’s securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which Desktop plans to operate, variations in performance across competitors, changes in laws and regulations affecting Desktop’s business and changes in the combined capital structure, (xi) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities, and (xii) the risk of downturns in the highly competitive additive manufacturing industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Trine’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, the registration statement on Form S-4 and proxy statement/consent solicitation statement/prospectus discussed below and other documents filed by Trine from time to time with the U.S. Securities and Exchange Commission (the “SEC”). 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 put undue reliance on forward-looking statements, and Desktop and Trine assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither Desktop nor Trine gives any assurance that either Desktop or Trine will achieve its expectations.
