3DEO sets records in metal 3D printing for mass production » 3dpbm

3DEO, a metal 3D printing technology company, has set a number of records during what has been one of the toughest and most exciting years in recent history for US-based manufacturing. United.

The team as a whole grew by 91% in 2021 to 175 total employees, with Engineering alone seeing growth of over 120% and a total of 33 engineers. 3DEO’s management team has also grown significantly with the addition of Sales Manager Jim Golden and Marketing Manager Emily Elpes. The aforementioned growth figures place 3DEO in a unique position to facilitate rapid progress in the years to come.

“Beyond our growing workforce, 3DEO’s technology advantage continues to grow as we have the data and IP to create a powerful flywheel,” said Payman Torabi, co-founder and CTO of 3DEO. “The possibilities for continued digitization and implementation of technology in manufacturing are endless.”

3DEO has over 20 issued or pending patents in a wide range of applications including 3D printing, robotics, software and automation. To accommodate the company’s accelerated year-over-year growth, 3DEO more than doubled its local facilities, covering 80,000 square feet of manufacturing and office space in Torrance, CA. The company currently has 37 printers in production and plans to add 44 more printers in production in 2022, or nearly one printer per week. The expanded facility has enough space to accommodate 125 printers, paving the way for continued growth beyond 2022.

Since its inception, 3DEO has accelerated to achieve world-class printer uptimes, approaching an average uptime of 89% in 2021. This uptime has been key for 3DEO to become the company of largest metal 3D print in the world, according to 3dpbm Market Research.

In July 2021, 3DEO announced that it had shipped its millionth customer part, lining up for the company to ship 1.3 million total parts while entering new markets like surgical devices, industrial manufacturing and consumer packaged goods. 3DEO’s average customer order size is 10,000 parts over a nine-month commitment period. In some cases, 3DEO has executed shipments of more than 150,000 parts of a single component in 2021, which represents an increase in average transaction size of more than 90% year over year.

“Shipping parts in these volumes allows 3DEO to compete with traditional manufacturing like metal injection molding and CNC machining,” said Jim Golden, 3DEO vice president of sales. “Our customers see the added value we can bring to their bottom line, which is the main reason we are growing so quickly.”

The manufacturing and 3D printing industries are starting to take notice. 3DEO has won four industry awards, including the LEAP award and three design awards in 2021 alone from the Metal Powder Industries Federation. According to Matt Sand, co-founder and president of 3DEO: “We are in an exciting position to continue to evolve. 3D printing is a tiny fraction of overall manufacturing, which means we essentially have unlimited leeway for years to come. 3DEO’s progress over the past few years has been mind-blowing; I look forward to seeing what we accomplish over the next few years.

3DEO plans to triple its growth from 2021, the company expects this tripling of growth to come primarily from its medical and aerospace companies, and the continuing global supply chain chaos is a strong argument in favor of national production. “Our team is stepping up, the printers are working perfectly and we have an incredibly supportive customer base. As we prove our ability to execute and deliver large parts on spec and on time, our customers grow 10+ times with us,” said Matt Petros, co-founder and CEO of 3DEO. “The opportunity is in front of us and we are ready to evolve.”