3DEO Prints Milestone One Millionth Customer Part
The achievement comes less than two years after commercializing its patented 3D printing technology in full in 2020.
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Blackland Era razor
3DEO, a metal 3D printing technology company, recently achieved a key milestone in its commercialization with the production of its one millionth production part — a safety razor for Blackland Razors. This achievement comes within less than two years of commercializing its patented 3D printing technology in full in 2020 and, according to the company, makes it the highest volume 3D metal printing company in the world.
“3DEO has been on an exponential growth curve for the last six quarters and we are already booking orders into 2023,” says Matt Petros, 3DEO CEO. “With over 50 customers in recurring mass production, our business model creates a strong foundation for future growth.”
To scale its patented metal 3D printers into mass production, 3DEO built its integrated platform – the Manufacturing Cloud. The platform is said to integrate proprietary software, 3D printing, robotics, materials and process, enabling product innovators to launch and scale better products and faster. Not only does 3DEO’s cloud remove time and risk associated with traditional product development but it is also solving some of the nation’s biggest supply chain issues, the company says.
3DEO says its Manufacturing Cloud has scaled metal 3D printing to unprecedented levels and, for the first time, is competing with traditional manufacturing such as CNC machining and metal injection molding even in high-production volumes. Working with many Fortune 500 brands in the medical device, aerospace, defense, automotive and consumer packaged goods industries, 3DEO’s average customer’s annual order quantity is over 20,000 parts per year. In addition, new customers expanded over 10 times within the first 12 months of working with the company.
3DEO says its addressable market is already very large and primed to expand dramatically in the next decade. “Megatrends are converging to create a unique moment in time for manufacturing in America, including supply chain chaos, reshoring, accelerated adoption of 3D printing and the need for environmentally friendly manufacturing,” Petros says.
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