In March, Desktop Metal filed a lawsuit against Markforged for allegedly copying portions of its patented metal 3D printing processes. Last week, a federal jury decided to clear Markforged of both IP infringement allegations, marking a major victory for the defendant.
Markforged announces two 3D printers, the X3 and X5 models, which can produce carbon fiber parts that are 20 times stronger than aluminum.
Stanley Black & Decker is using the Markforged Metal X 3D printer to produce functional parts. Since adopting the metal 3D printing system into its production workflow, the industrial tool manufacturer is saving between 34 percent to 48 percent on manufacturing costs.
The Massachusetts startup Markforged has raised $30 million in funding from Siemens’ next47 venture firm, Microsoft Ventures, and Porsche SE.