Demonstrating that the manufacturing market is still going strong on the long term, ExOne announced the addition of 6 new materials to their metals portfolio: Cobalt-Chrome, Inconel Alloy 718, Iron-Chrome-Aluminum, 17-4 Stainless Steel, 316 Stainless Steel, and Tungsten Carbide.
3D printing stocks have taken a shellacking lately, and ExOne, manufacturer of industrial 3D printers ExOne like the Innovent and M-Flex, hit $16.09, down 2.37%. Reflecting this volatility, ExOne, with a market cap of $232.4 million, had a one year low of $13.40 and a one year high of $48.80. Investors that are in the market for the long term, however, know that progress in the industry is still going strong.
From either one of its research and development centers or in its 8 global production service centers, ExOne approaches the qualification of materials for production printing through customer partnerships. The amount of materials the company has previously qualified is extensive, but here it is: 420 Stainless Steel infiltrated with Bronze; 316 Stainless Steel infiltrated with Bronze; Iron infiltrated with Bronze; Inconel Alloy 625; Bronze; Bonded Tungsten; and Glass. ExOne has also qualified Silica Sand and Ceramic Sand for indirect printing (meaning 3D printing was used in the process of creating a model). … (read more)