Nice breakout for $DM this morning -- we knew it was coming sooner or later. $DM should run up to $15.50 before it runs into any resistance.
Last week I visited Ric Fulop at the Desktop Metal headquarters in Burlington, MA. I spent approximately 3 hours with Ric and several members of his team. We toured both of their facilities and I was able to see all of their different printers in action.
The printing process is quite amazing, especially the stainless steel, fiber and wood. The advancements in 3D printing over the past few years are just incredible thanks to companies like $DM.
The next 3-5 years are going to be very exciting for 3D printing companies, especially $DM due to their diversified portfolio of printers and 225+ qualified materials.
There are so many reasons why I believe $DM will be the leader in this industry which is expected to grow to $150+ billion by the end of this decade. Ric believes $DM can get to $1+ billion in revenues by 2025 and own 10% or more of the TAM by end of the decade. Ric did a nice job of explaining in the interview what makes $DM so different from the other 3D printing companies.
Here is my interview with Ric Fulop, co-Founder and CEO of Desktop Metal (ticker: $DM).
We actually did the interview over Zoom — I apologize about the audio/video issues on my end. My external webcam was not working so I had to switch to my desktop webcam which isn’t as good.
Please let me know if you have any questions on $DM — I know the company pretty well now.
Regards,
Jonah Lupton