Sept 7 (Reuters) – U.S.-based 3D printer maker Desktop Metal (DM.N) will unveil new technology on Wednesday that will dramatically simplify the industrial sheet metal production process. CEO Ric Fulop told Reuters.

Figur G15 technology can form standard sheet metal directly from digital design files on demand, eliminating the need for stamping tools, dies, dies, or presses, reducing costs and production lead times Fulop then added.

“This is a $300 billion market without digital solutions right now,” he said, adding that the Figur G15 will be unveiled at the trade show in Chicago on Wednesday.

Customers of the Massachusetts-based startup include BMW (BMWG.DE), Toyota Motor Corporation (7203.T) and billionaire Elon Musk’s rocket company SpaceX.

Washington sees 3D printing technology, which can create complex shapes layered from particles of plastic and metal, as an innovation that will allow American manufacturers to thrive and create jobs.

Fulop expects the first generation of new technology to handle mass production of sheet metal parts for aircraft, agriculture and heavy equipment.

However, in automotive assembly, the technology will be able to handle low to medium volume sheet metal forming and stamping, he added.

“Initially, we can support production of less than 10,000 vehicles per year,” says Fulop. “We are confident that the need for stamps can be dramatically reduced over the next 20 years.”

According to a company statement seen by Reuters, at present, the technology can only form sheet metal parts that fit in a 1.5-meter by 1.2-meter 3D printer envelope, and can process positive and negative molds up to 40 cm vertically. increase. .

Reported by Norihiko Shiramizu. Edited by Miyoung Kim and Himani Sarkar

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