Desktop Metal Receives $7.9 Million Order from German Carmaker. BMW?
Desktop Metal (NYSE: DM) received a $7.9 million order for binder jet additive manufacturing systems from a major German carmaker for the mass production of metal automotive powertrain components at scale. Considering the BMW was (and is) among Desktop Metal’s first investors via its BMW i Ventures, that Volkswagen is actively working with HP, and that Daimler Benz (Mercedes) has done a lot of work with EOS, we guess (and we stress the word “guess”) that the major German carmaker is BMW.