3D SystemsNYSE: DDD

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3D Systems (DDD) launches the EXT 800 Titan Pellet, transforming 3D printing with faster speeds and lower costs for diverse industrial applications.

ROCK HILL, S.C., June 18, 2024 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) announced the latest addition to its industry-leading portfolio of EXT Titan Pellet systems — the EXT 800 Titan Pellet. With a build volume of 800 x 600 x 800 mm, this new pellet extrusion system harnesses the speed, reliability, and efficiency of the Company's large-format EXT Titan Pellet systems (EXT 1070 Titan Pellet and EXT 1270 Titan Pellet) in a more compact format with lower upfront investment. As a result, manufacturers can take advantage of the lights-out, production-ready EXT 800 Titan Pellet to fabricate more modestly sized functional prototypes, tooling, fixtures, sand casting patterns, thermoforming molds, and end-use parts. With print speeds up to 10x faster and 10x lower material costs than traditional filament-based systems, the EXT 800 Titan Pellet is designed to efficiently, cost-effectively address applications in a breadth of markets including foundries, aerospace & defense, thermoforming, prosthetics & footwear, and research.

Every forward-thinking investor is considering 3D printing stocks. The growing use of the technology in industries such as aerospace, automotive, healthcare and consumer items led to a $22 billion industry in 2023, estimated to expand 24% to $150 billion by 2032 from $28 billion in 2024.

3D Systems was one of the original big names in 3D printing technology but hasn't been able to profit from this yet. The company lost money in 2022 and again in 2023.

3D Systems (DDD) enhances digital dentistry, offering the broadest solutions portfolio, including clear aligners, night guards and advanced denture technology.

ROCK HILL, S.C., June 04, 2024 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) announced its expanded focus and technology roadmap tailored to deliver the largest range of solutions for a growing digital dentistry market. The portfolio will include solutions for alignment, protection, repair, and replacement of teeth – the broadest portfolio available from any additive manufacturing solutions provider.

3D Systems is well-positioned to capitalize on the growing bioprinting industry, particularly in the field of 3D organ printing. The company's financials show significant challenges, including negative net income and high levels of debt, which may impact its ability to thrive in the short to medium term. Despite the potential in the organ printing market, I recommend holding off on investing in 3D Systems until its financial situation improves or it demonstrates strong growth in the next few years.

DDD, EGBN, and FINW were placed on the Zacks Rank #5 (Strong Sell) List on April 25, 2024.