Desktop Metal Develops New Additive Manufacturing Process for Volume Production of Sustainable, End-Use Wood Parts

Unlimited Design Applications for Wood Parts, Including Exclusive Collection by Designer Yves Béhar

The global finished wood products market is expected to reach $1.8 trillion by 20272. From everyday home goods to high-end, architectural detailing, Forust can create functional parts for virtually any wood application with a greatly improved environmental footprint than conventional manufacturing. Architects, interior and industrial designers, manufacturers and even consumers can visit www.forust.com to upload and order custom designed wood pieces, such as:

  • Architectural accents, including one-of-a-kind decorative panels, custom wood inlays and panels, tiles, hardware and more;
  • Luxury interior components in a wide range of finishes and materials, including rare and exotic grain structures, for vehicles, yachts and high-end homes;
  • Furniture pieces, including cabinetry doors, chairs, accents, tables and designs with 3D geometry previously difficult or impossible to manufacture through conventional woodworking methods; and
  • Home goods products ranging from flowerpots, bowls and picture frames, to textured blocks, bathroom accessories, desk accessories, sculptures, tiles and more.

An array of consumer home goods pieces designed by Forust and others in collaboration with talented independent designers and brands, is now available for purchase at www.forust.com/store. Among the first designer products available on the Forust webstore is a collection created by industrial designer and founder of fuseproject, Yves Béhar. The Vine collection, which includes a vessel, bowl, basket, and tray, honors the warmth and familiarity of the wood material with curving, organic forms that extrude from a singular point and twist up into a repeating pattern.

“As a designer, I use a lot of wood and being able to use a product made from sawdust and lignin is an amazing resource,” said Béhar. “The future of design and production really hinges on new technologies coming on and allowing designers to approach materials and manufacturing in ways that are sustainable, in ways that are low carbon footprint, in ways that we are using waste instead of cutting down more trees or extracting more oil out of the soil. Design isn’t just something that remains the same all the time. This new technology allows us to really address some of the critical problems around the environment and global warming that we are facing.”

“Applications for Forust’s wood parts are really limitless,” said Ric Fulop, Founder and CEO of Desktop Metal. “There are many applications where polymers and plastics are used today where you can now cost-effectively replace with sustainably manufactured wood parts – luxurious, high-end components in interiors, consumer electronics, instruments, aviation, boats, home goods and eventually in flooring and exterior roofing applications. For the first time, we can produce beautiful parts with the same durability and characteristics you would have in traditionally manufactured wood, but printed using upcycled materials which does not require cutting down or harvesting trees. With Forust, we have the opportunity to have a meaningful impact on sustainability, climate change and waste issues that we as a humanity have brought to the planet. For each tree saved, we are reducing the carbon footprint by a metric ton over its lifetime.”

About Forust

Forust™, a wholly-owned subsidiary of Desktop Metal, makes high-volume additive manufacturing of end-use wood parts possible with stunning designs that are affordable and sustainable. The Forust process applies the speed, precision and quality of binder jet additive manufacturing technology to produce strong, lightweight wood parts created from wood waste streams such as wood sawdust and lignin. The mission is to develop responsible material value chains that are critical to achieving net-zero carbon emissions and building a sustainable future. Led by industry veteran and 3D printing pioneer, Andrew Jeffery, co-founder and CEO, Forust is based in Burlington, Massachusetts. For more information, visit www.forust.com.

About Desktop Metal

Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the world’s 30 most promising Technology Pioneers by the World Economic Forum and named to MIT Technology Review’s list of 50 Smartest Companies. For more information, visit www.desktopmetal.com.

Forward Looking Statement

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statement generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks, uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to the risks and uncertainties set forth in Desktop Metal, Inc.'s filings with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Desktop Metal, Inc. assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

(1)

Nature “Mapping Tree Density at a Global Scale” vol. 532, April 14, 2016

(2)

Research and Markets; Global Finished Wood Products Industry (2020 to 2027)

- Market Trajectory & Analytics September 16, 2020



Contact:

Press
Lynda McKinney
lyndamckinney@desktopmetal.com
978-224-1282



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