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BMW i Ventures has added a new company investment to its growing portfolio. Desktop Metal is a Massachusetts-based company that works in 3D printing. The new addition is now preparing to bring its first product to market. With the goal of making 3D printing technology a more affordable option.
The ability to make custom 3D metal objects is a great time and cost saver. Years ago i worked in an engineering office where many of the items we built were custom manufactured. The big problem we had was time and cost. Because if we needed something right away besides doing the CAD drawings and making sure the tolerances were within spec we had to see how busy the company that did our machining was at the time.
Its so much easier to go from design to creation in house in a metal material. It opens the world for some amazing new prototypes to create and assemble together in house. Plus as we get further in to 3D metal creation the options for new material will come to life too. This will be really good for short runs where people who do custom run offs of a few pieces for a demo or prototype will soar too.
BMW i Ventures invests in 3D printing startup Desktop Metal
This technology could provide BMW with 'freedom of design and mass customization.'
BMW and Lowe’s among investors pouring $45 million into Desktop Metal, the 3D printer startup
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