3D printing startup Desktop Metal raises multi-million-dollar funding from US Department of Defense

Corporate developments

Funding is for a three-year project to develop high-volume AM process capable of manufacturing the novel cobalt-free hardmetals

3D printing startup Desktop Metal has received phase I of a USD2.45 million funding from the US Department of Defense to develop a sophisticated Additive Manufacturing (AM) process capable of mass producing Cobalt-free hardmetals, developed by the US Army.

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