3-D Printers Active; Startup Raises $1M in Just 24 Hours (DDD) (VJET) (SSYS)
Get Alerts DDD Hot Sheet
Join SI Premium – FREE
3-D printers are active Wednesday as one low-cost startup is garnering some attention.
Behold: the Micro printer.
The printer looks like it will retail for about $299, though early adopters got a special $249 price. Technical specifications include the following [unedited list from the company]:
- Printer Dimensions: It's a cube, 7.3 in (185 mm) per side.
- It is lightweight, roughly 2.2 lb (1 kg).
- It can also be used with any Windows, Mac, or Linux based system.
- USB-Compatible connection.
- Supports many different materials: ABS, PLA, Nylon, and more.
- Filament: standard 1.75mm. Nearly 1/2 lb (225 g) rolls.
- Standard filament rolls also supported.
- Removable Print Bed.
- 50-350 micron layer resolution.
- 15 micron X and Y positioning accuracy.
- Dimensions: Print height: 116mm (4.6"). Base Print Area: 109mm x 113mm. Print Area Above 74mm: 91mm x 84mm.
- M3D software for an effortless, plug-and-play experience.
- Supports and uses open source software (for advanced users).
The company noted that the 225g of filament is enough to make 45 vases depicted in the promo video. That's a lot of vases.
In any case, names like 3D Systems (NYSE: DDD) and Stratasys (Nasdaq: SSYS) will be selling consumer-level printers near the $1,000 or so for now. That puts the Micro printer at a distinct price advantage.
Another point that can be taken away from this Kickstarter is that demand for 3-D printing exists. The company raised $1 million within its first 24-hours of posting.
Shares of 3D Systems, Stratasys, voxeljet (NYSE: VJET), and ExOne (Nasdaq: XONE) are all positive Wednesday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Can Boeing overcome struggles? Analysts see 'path back to normal' after earnings
- Buy earnings selloff in this chip stock - Citi
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!