3D Systems Corporation Announces Next-Gen Printers

3D Systems Corporation Announces Next-Gen Printers
Image Credit: 3D Systems Corporation

3D Systems Corporation (NYSE:DDD) announced Monday some major advancements of its 3DPRINTING 2.0. The company announced many next-gen printers and advanced material options that it will showcase at EuroMold 2014 event in Frankfurt, Germany between November 25-28. 3D Systems CEO Avi Reichental said that the new solutions will support the “most demanding manufacturing applications” in automotive, aerospace and personalized healthcare.

What 3D Systems has in store for EuroMold

3D Systems also plans to debut its new 3D software and scanning products that provide users with easy-to-use tools and enhanced capabilities. The new 3D printers that the company will preview at EuroMold include ProX 400, the latest addition to its ProXTM Direct Metal Printing (DMP). It has the largest build size of any metal 3D printer. ProX 400 has fully dense metal parts to meet the requirements of high-capacity industrial applications.

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The Rock Hill-based company will also preview its latest fab-grade Stereolithography (SLA) ProX 800. It has “revolutionary” print head, greater production efficiency, space-saving footprints and easy operator controls. The company claims that ProX 800 is ideal for aerospace, automotive and medical devices manufacturing. Another product to be showcased at EuroMold is ProX 500 Plus Selective Laser Sintering, the successor to ProX 500. It has higher resolution settings and faster print speeds.

3D Systems introduces five new materials for ProJet 1200

Among other things, the company announced five new materials for its ProJet 1200 Micro-SLA 3D printer. They are FTX Gold, FTX Silver, FTX Cast, FTX Clear and FTX Gray. The company also announced new materials for the ProJet 5500X. 3D Systems CEO Reichental said the 3DPRINTING 2.0 solutions will lead to seamless content-to-print digital workflows and faster product development cycles.

Last week, 3D Systems released its fiscal third-quarter results. Though the company had earlier warned of a weaker Q3 result, actual results were not as horrible. The 3D printing leader earned 18 cents a share on revenue of $166.9 million. Analysts on average were expecting 17 cents in EPS and $167.7 million in revenue. Thanks to solid demand for its design and manufacturing 3D printers, sales jumped 57% during the quarter.

3D Systems shares jumped 2.88% to $35.05 at 12:43 PM EST on Monday.

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