World News – USA – Desktop Metal is now officially listed on NYSE »3dpbm

. From today, the 10. December, TRINE ACQUISITION CORP is to be negotiated on the NYSE under the name Desktop Metal, with the ticker being changed from TRNE to DM and ISIN US89628U1088 to ....

CAMEROON MAGAZINE - GM10/12/20202 Mins read97 Views

. .

This 170-page study by 3dpbm Research provides an in-depth analysis of every major part segment in composites. . .

Starting today, 10. December, TRINE ACQUISITION CORP is to be negotiated on the NYSE under the name Desktop Metal, with the ticker being changed from TRNE to DM and ISIN US89628U1088 to US25058X1054. This is the note that I have in my stock portfolio today. Not a big surprise. It was a work in progress and there has been no better time.

Desktop Metal is betting (like all other serious competitors in the AM space – Stratasys just spent $ 100 million on it) that AM will become a real, effective, and inexpensive production method within the next 5 years. In this case, the company can (as expected) have $ 1 billion in revenue and is then definitely worth $ 5 billion, as its early private investors anticipated.

Desktop Metal announced that it will go public last August by signing a definitive business combination agreement with Trine Acquisition Corp.. . and HPS Investment Partners. « We are at an important turning point in the adoption of additive manufacturing, and Desktop Metal is leading the way in that transformation, » said Ric Fulop, Co-Founder, Chairman and CEO of Desktop Metal. “Our solutions are designed for both massive throughput and ease of use, enabling companies of all sizes to manufacture parts faster, cheaper, more complex and more sustainable than ever before. We are keen to make our publicly traded debut and begin our partnership with Trine who provides the resources to accelerate our go-to-market efforts and reinforce our relentless efforts at R&D. ”

This 170-page study by 3dpbm Research provides an in-depth analysis of every major sub-segment in Composites AM. The market is expected to grow to $ 10. 6 billion. . .

We use cookies to give you the best online experience. With your consent, you accept the use of cookies in accordance with our cookie policy.

When you visit a website, information may be stored or retrieved in your browser, mostly in the form of cookies. Control your personal cookie services here.