Desktop Metal is continuing its vertical integration and proprietary materials plan in 2021 with the acquisition of Adaptive3D, a company that produces biocompatible rubber and rubber-like materials for additive manufacturing.
Developed through Defense Advanced Research Projects Agency (DARPA) funding, the company’s flagship resin is Elastic ToughRubber 90™, a tough, printable elastomer, and serves a broad customer base across the consumer, healthcare, industrial, transportation, and oil and gas markets.
Combining Adaptive3D’s patented and superior elastomer materials with our printers, such as the EnvisionTEC’s Xtreme 8K, which lead the industry in throughput, affordability, and part quality, will accelerate the adoption of additively manufactured solutions for high-volume, end-use elastomeric parts, and products.Ric Fulop, CEO and Founder of Desktop Metal
Dr. Walter Voit, Founder and CEO of Adaptive3D, will continue to lead the business as a wholly-owned subsidiary of Desktop Metal from their Plano, Texas headquarters.
The acquisition will enable Desktop Metal’s growth acceleration into the $129 billion elastomer and flexible foams market which is just waiting for high-volume, additive manufacturing elastomer capabilities.