Now in the 31st year, The Edison Awards, which honours the best in innovation and excellence in the development of new products and services, announced Desktop Metal Production System™ as the recipient of the prestigious award.
Desktop Metal, the Startup from Massachusetts, with numerous patents is an emerging player in the manufacturing of desktop metal 3D printers. The event which concluded on the 11th of April was attended by the Chief Technical Officer of Desktop Metal Jonah Myerberg, along with the rest of the team and hundreds of other members representing some of the world’s renowned companies.
Recently Desktop Metal was in the news for a lawsuit filed against its competitor Markforged for patent infringement.
Prior to that, Desktop Metal also concluded a funding round which saw it raising $65 Million from Ford Motor Company in addition to the $212 Million is had raised previously in multiple funding rounds. In addition to this, the company have strategic tie-ups with leading companies and even has two seminal patents to its name.
Getting a recognition in the Edison Awards is a big accolade to Desktop Metal and will boost its brand in the metal 3D printing market. Desktop Metal won the award for its Desktop Metal Production System™ in Applied Technology/3D Printing category. The DM Production System is a mass production system for manufacturing complex metal parts 100x faster than its competitors.
Also Read: Desktop Metal Receives Seminal Patents for its Removable Support Technology
Desktop Metal Raises $65 Million Funding Led by Ford Motor Company in New Financing Round
The award nominations were judged by more than 3000 leading business executives including previous award winners and leaders in product development, engineering, design, medical and others.
According to Frank Bonafilia, executive director of the Edison Awards, “Our judges recognized the Desktop Metal Production System as a true innovator out of the many products in its category.”
Ric Fulop, CEO, and Co-founder of Desktop Metal was flattered to receive the award and exclaimed, “We are truly honored to join the prestigious roster of recipients of the Edison Award. Until now, metal 3D printing has failed to meet today’s manufacturing needs due to high costs, slow processes and hazardous materials. Desktop Metal is committed to making metal 3D printing accessible for engineers, and the Production System enables a rapid go-to-market production capability that marks a fundamental shift in how products will be made.”
About Edison Awards
The Edison Awards are presented under the name of one of the greatest inventors of all time Thomas Alva Edison, who has 1,093 U.S. patents under his name. The Awards are conducted by Edison Universe with an aim to boost and foster future innovators. The awards honour the best in innovation and excellence in the development of new products and services.
The awards are organised every year and this year the Gold Award was presented to The Production System™ by Desktop Metal while Microstructure Control for High-Performance Additive Materials by HRL Laboratories, LLC and EVOLV3D™ Universal Support Material (USM) by The Dow Chemical Company received Silver and Bronze awards respectively.
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