M3D is sourcing a key part for its new printer from inside Maryland - Technical.ly Baltimore

Business

Feb. 5, 2018 12:59 pm

M3D is sourcing a key part for its new printer from inside Maryland

The Fulton firm tapped Gaithersburg-based Xometry for its new industrial-sized 3D printer frame.

M3D is launching the Promega on their own crowdfunding site.

(Courtesy photo)

A recent all-Maryland deal offers one sign of how the parts of a tech community can work together.

When seeking to source a part for its new 3D printer, Fulton-based M3D could’ve had a number of options around the world, said COO JJ Biel-Goebel.

But ultimately the company went with another firm that’s about 20 miles to the west.

Biel-Goebel said M3D recently signed a contract to produce the frame for its printer, called the Promega, with Xometry. Based in Gaithersburg, Xometry specializes in manufacturing services including 3D printing. It raised $15 million in new funding from venture arms of BMW and GE, Technical.ly DC reported. The deal indicates that can involve parts for the tools themselves.

After scouting out supply chains M3D wanted to go with a U.S. source, and was down to a few options.

“As we get into larger parts in the 2 ft. or more category, we have to take a real hard look at the shipping cost and how they compete against the cost of goods in the supply chain,” Biel-Goebel said.

Ultimately, “Xometry was able to get us the right price and the right timeframe,” Biel-Goebel said.

The Promega is designed as a larger, industrial-sized printer that will be of interest to businesses as well as the “prosumer” who likes to have the professional-grade gear. M3D got funded through preorders from a crowdfunding campaign on a platform created by its founders, is slated to go into production in March and begin shipping in the second quarter. The initial run will be 1,000 printers, Biel-Goebel said.

“The success of the campaign for level of printer that we were building has been better than we expected,” he said. “We’re planning for a second run for 2018 because of the success the presales had.”

Organizations: M3D
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

A 3D printing hub in Aberdeen looks to spread manufacturing advances

How 3D printing could help treat hearing loss

This Baltimore teen is using fashion to spread a love of coding

SPONSORED

Baltimore

SmartLogic propels digital transformation aboard Baltimore Water Taxi

Baltimore, MD

SmartLogic

Developer

Apply Now
Baltimore, MD 21201

14 West

eCommerce Production Manager

Apply Now
Baltimore, MD

SmartLogic

Content and Digital Marketing Manager

Apply Now

University of Maryland will be a research center for 3D bioprinting

How this startup arrived at a big vision for the future of manufacturing

These students spent Election Day touring Baltimore’s new manufacturing sites

SPONSORED

Baltimore

Join our Technical.ly Match beta, an opt-in alternative to recruiting

Baltimore, MD 21201

14 West

Curriculum and Training Specialist

Apply Now
Canton

TrackOFF

Junior Marketer

Apply Now
Canton

TrackOFF

IOS/Swift Developer

Apply Now

Sign-up for daily news updates from Technical.ly Baltimore

Do NOT follow this link or you will be banned from the site!