Formlabs Unveils $85,000 FuseX1 Industrial 3-D Printer to Undercut Rivals Charging Up to $500,000
Updated
Updated · The New York Times · Jun 9
Formlabs Unveils $85,000 FuseX1 Industrial 3-D Printer to Undercut Rivals Charging Up to $500,000
1 articles · Updated · The New York Times · Jun 9
Summary
$85,000 is Formlabs' price for the new FuseX1, a factory-focused industrial 3-D printer aimed at making the technology more common on production floors.
Competitors' systems from EOS and HP can cost two to five times as much, and total setups can reach $500,000 once ancillary equipment is included.
The FuseX1 is a larger version of Formlabs' laser-based powder-fusion printer and took three years and $50 million to develop.
Factory adoption has lagged because industrial 3-D printers have been costly and hard to use, leaving the sector in a prolonged slump after several high-profile failures.
Formlabs stands out in that market as a profitable U.S. player with more than $250 million in annual revenue, over half from recurring materials sales.