3D Printing Unicorn Desktop Metal To Go Public In Latest Deal With A Blank Check Company - News Summed Up

3D Printing Unicorn Desktop Metal To Go Public In Latest Deal With A Blank Check Company


Desktop Metal's Ric Fulop Michael Prince for forbes3D printing unicorn Desktop Metal is the latest company to go public in a deal with a blank check company. Desktop Metal had been gearing up for a traditional initial public offering, but changed course in choosing to do a SPAC deal to access the public markets. Such production scale has been the holy grail of 3D printing, which first made inroads in prototyping and for high-end, regulated industries, such as aerospace and medical devices. Other companies, including HP, have also developed metal 3D printers for mass production. For more on Desktop Metal, see our 2018 feature story, “The Next Industrial Revolution: How A Tech Unicorn’s 3D Metal Printers Could Remake Manufacturing.”For more on the promise of 3D printing during Covid-19, see our video “How 3D Printing Is Accelerating The Coronavirus Test Race.”


Source: Forbes August 26, 2020 10:52 UTC



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