Tag Archives: ExOne
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- 3D Printed Robot Mobot Looks to Revolutionize STEM Education
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3D Printing Stocks Analysis
Investor site Seeking Alpha sheds some light on ExOne’s profile.
ExOne is a relatively new player compared to the other two heavy weights – the company was formed in 2005 as a spin-off of Extrude Hone Corporation, a developer of nontraditional machining processes and automated systems. The company is currently operating in Asia, Europe and the Americas. Through research and development, the company has achieved considerable success in additive manufacturing. Notable ExOne products include S-Max, S-Print, M-Print and M-Lab. Most of these products are meant for industrial use, and have the capability of manufacturing molds with sand printing and metal and glass printing.
Almost all of the ExOne products cater to the industrial customers, and the company has some of the largest printers available in the market. ExOne’s customers are showing considerable interest in the products and the company is receiving new orders. 3D printer sales have gone up for the company in the fourth quarter of the last year. As a result, ExOne was able to post impressive full year results. Another target market for ExOne is the researchers and educational customers – M-Lab is specifically designed to be used in labs and it is one of the smaller printers available in the company’s arsenal.
So, there are two sets of target markets for the company: industrial customers, which require ExOne products for rapid prototyping and building molds, and researchers and educational customers, which convert their experiments into reality using ExOne equipment. Industrial customers are a big segment and ExOne’s products are getting good response, which should allow the company to grow further in this segment.
Read the full analysis at Seeking Alpha.