Markforged, a leading company in the additive manufacturing industry, has recently unveiled a groundbreaking addition to its FX10 machine – the FX10 Metal Kit. This new capability allows the FX10 to print with metal filaments, including a cutting-edge stainless steel offering. The FX10 machine initially launched last year with the ability to print composites such as carbon fiber and carbon-fiber-filled nylon. With this latest innovation, Markforged is setting a new standard by enabling the creation of parts “as strong as 6061-T6 Aluminum.”
CEO Shai Terem emphasized the modular design of the FX10, which enables the integration of new technologies and upgrades without requiring customers to purchase a new printer each year. This forward-thinking approach allows Markforged to continually enhance the capabilities of its machines, ensuring that they provide long-term value on factory floors. Alongside regular software updates, the FX10 Metal Kit promises to deliver growing benefits to manufacturers for years to come.
Markforged positions its technologies as transformative tools that strengthen manufacturing resiliency by enabling industrial production at the point of need. This strategic focus on empowering manufacturers with innovative solutions underscores the company’s commitment to driving progress in the additive manufacturing industry.
While Markforged has made significant strides in advancing metal 3D printing, the industry as a whole has faced challenges. Notable examples include Nano Dimension’s acquisition of Desktop Metal and struggles faced by Markforged itself, such as a legal battle with Continuous Composites. Despite setbacks, Markforged remains resilient and committed to driving the adoption of additive manufacturing in industrial settings.
In a move to streamline operations and drive cost savings, Markforged’s leadership outlined plans to reduce annual operating expenses by $70 million. This initiative includes terminating lease agreements and implementing effective cost controls to optimize the company’s financial performance. The strategic measures taken by Markforged demonstrate its dedication to operational excellence and long-term sustainability.
The debut of the FX10 Metal Kit is eagerly anticipated at the upcoming Manufacturing Technology Show in Chicago. This premier event will showcase the FX10 machine printing both continuous fiber reinforced composites and metal, highlighting the versatility and cutting-edge capabilities of Markforged’s latest innovation. Attendees can expect to witness firsthand the future of 3D metal printing and its transformative impact on industrial manufacturing processes.