Ric Fulop 🇺🇸/acc
@ricfulop
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Founder & CEO @DesktopMetal NYSE:DM. World’s fastest metal & polymer 3D printers. Additive 2.0 FTW. Hiring!
At or below FL450 (most times)
Joined August 2008
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1/ “During WWII, Navy tried to determine where they needed armor in planes. They ran an analysis of where planes had been shot up, and came up with this. The places that needed to be up-armored are wingtips, central body, and elevators. That’s where the planes were getting shot
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3/ The Navy thought it was analyzing where aircraft were suffering most. What they did was analyze where aircraft could suffer the most damage without catastrophic failure. All of the places that weren’t hit? They weren’t looking at the whole sample set, only the survivors”
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Request For Startup: a Netflix like subscription startup that gives people $12/no access to all scientific papers out there. Most scientists, doctors, entrepreneurs would pay for it and it would open up knowledge everywhere! I bet publishers would make more $ this way
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2/ Wald (statistician) disagreed. He thought they should armor nose, engines, mid-body, which was crazy, of course. That’s not where the planes were getting shot. Except Mr. Wald realized what the others didn’t. The planes were getting shot there too, but weren’t making it home.
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"10 things that take 0 talent but will get you 100% respect:
1) Being on time
2) Work ethic
3) Effort
4) Body language
5) Energy
6) Attitude
7) Passion
8) Being coachable
9) Doing extra
10) Being prepared"
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The way metal parts will look in the 2020’s. Achieved through metal 3DP and generative design.30-50% lighter, greener and using less parts and materials. Mass customized to ea local market and built without tooling and inventory of 1. This is the 4th industrial revolution 🕶🚀
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4/ This chemistry eliminates most of the cobalt, improves energy, charge rate and more importantly allows a larger SOC swing (much lower cost & weight) and does this with a 5X life improvement!
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3/ Second life of these packs will change the nature of the grid in the future. As a former battery exec this data is very, very impressive. Thanks
@BrianTHeligman
for pointing me to the paper! And huge kudos to Jeff and the Dallhausie team for pulling this off.
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‘10 Gamification
‘12 Content marketing
‘14 Growth hacking
‘16 Conversational marketing
‘18 Growth loops...
This is all noise...
Just focus on making differentiated products that lots of people want
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@the_engi_nerd
Not home depot level but also not super expensive. These are made with a small robot that lays out the drawing in mini tiles. My MIT classmate has a co that sells mosaics like these
Good design should not be expensive
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“Tesla has eliminated large part of automotive assembly cost...It might cut expensive tool costs by keeping all elements flat, straight, and, frankly, a little weird looking. Musk might be pulling off one of the most brilliant moves in automotive history”
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Taiwan announced today that there are now zero confirmed cases of Covid-19 on the island
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Last Saturday DM deactivated all software accounts, support and customer systems in Russia. Even after the war is settled DM has no interest in bringing our products back to Russia until they become a free country
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Supply chain issues? Stop waiting for parts stuck at the port of LA and print them 😉
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Thank you Mr. President for your leadership! Biden to launch initiative focused on 3D printing
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How companies forget how to make great products. Must watch.
Steve Jobs talks about who is best suited to lead a technology company
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Hardest thing in tech is durability so we focus at DM in creating a durable compounding growth business with an eye towards reaching $1B in revenue in ‘25 and double digit share of the $100B plus additive manufacturing market by end of the decade. We are focused on market share.
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Worlds. Fastest. Metal. 3D Printer: 150 Metric tons of parts per year ⚙️
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4 Boston cos go public this week creating over $50B in market cap. Ginkgo Bio, Toast, Vicarious Surgical and EngageSmart
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Excited about something really awesome coming Wednesday!
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1/ I’m incredibly proud to intro Lumafield to the world: The first truly accessible CT for engineers 🕶🚀
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P-50 now shipping commercially 🚀🕶. Congratulations to
@StanleyBlkDeckr
as our first customer receiving the fastest and most advanced AM system ever
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Humans: we always overestimate short term and underestimate the long term
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ExOne Shareholders Approve Acquisition by Desktop Metal
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Flying back to boston on a brand new Airbus A321neo. The hinge on main door is printed for Airbus by our customer Ventana Group 🚀
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Our customers implementing a ship digital strategy with print and final assembly locally don’t have this problem. Inventory of 1 and on demand spare parts in the future 🕶🚀
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#🚨🚨🚨 URGENT: If you are a manufacturer in the North East and are willing to make or retool to make masks, gowns, gloves, ventilator components, etc please fill out this form ASAP. Thank you.
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$DM is a pure play for supply chain disruption across metal, polymers, ceramics and elastomers! Mass produce with additive to make borderless production real, enable inventory of 1, localization, reshoring and more sustainable production 🕶🚀
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Thank you Mr. President.
@desktopmetal
[NYSE:DM] as the worlds leading producer of 3D printers for mass production and market share leader in binder jet systems is ready for the challenge to make help our country! 🕶🚀
3D printing can reduce part lead times by 90%, slash material costs by 90%, and cut energy use in half. That all helps to lower the cost of making goods in America. But, not all small and medium-sized firms have access to the support needed to adopt this technology.
Until today.
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My bet is that
@elonmusk
battery day talk will be about the impact Jeff Dahn long life chemistry will have in enabling V2G. 20yr long life Li Ion is one of the most powerful tools humanity will have to fight climate change. They enable renewables for baseload.
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DARPA in 2013 before the co raised big money privately.
🕶
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New Meteorite bathroom collection printed in Quartz by our customer Sandhelden
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Great video on our customer PGV tools in the oil and gas space using our technology to produce end use parts and cut 80% lead times with printing vs machining
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Desktop Metal to unveil 3D-printed heat-activated foam for cars, shoes | Reuters
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1/ To founders, BOD members and management who need to lay people off due to this crisis. Please work with your boards to extend stock option exercise periods from the usual 90 days to a longer 4 or 5 years.
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Great visit to our ExOne plant in Germany today looking at all the systems getting finished to ship this quarter! This is one of 5 halls in our plant.
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Rationale for our fantastic acquisition of EnvisionTEC! 🚀🕶️
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Cover of IDT. Cover of IDT
We have arrived have arrived in Dental! 🚀🕶
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We are accelerating our path to profitability
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A thread on Russian colonialism
when foreigners casually drop ‘bombing of kyiv’ these pics always come to mind. this is what
#RussianColonialism
did to chechnya and grozny when they tried to leave the empire in 2000. a war crime of horrific scale, but the rest of the world was like ‘meh’, so moscow continued
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S-Curves are real. AM for mass production is inevitable. We will have a bumpy road for a bit with plenty of ups and downs, missed and beat quarters and lots of volatility but if you are long term minded with a multi year view the future is very bright.
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I’m tweeting this photo the day before the US becomes the worse line of all...😞. At 33% a day tomorrow and with testing finally starting to be available I’m depressed to look at this tomorrow. We really screwed thus up.
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My wonderful sister in law who’s been in front lines since March receiving the vaccine!
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My grandmother was born in Novoselytsia, Ukraine. I hope to visit a free Ukraine with my kids when the war is over. Ukrainians will win this fight. The whole world is behind them 🇺🇦
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My friend Olaf Diegel at Wohlers Associates just sent me pics of this amazing guitar printed with and it’s absolutely stunning! 🕶🚀. Looks like it was designed in
@nTopology
cc/
@brad_rothenberg
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@spac_zilla
@spacanpanman
These are share registrations for shareholders of Adaptive3D and Aerosint. We like entrepreneurs we partner with to have skin in the game and many prefer stock over cash given upside potential. Doesn’t mean they will sell.
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Congratulations to our DesktopHealth team on over 100k Flexcera dentures printed!
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@john__rosevear
@wolfejosh
@pt
@Jason
@ConnorVO
@Tesla
John I was Tier 1 supplier to over a dozen auto programs. If you buy a McLaren it has my cells in it. Every team in F1 except Ferrari has used my KERS, I powered the 919 hybrid system to win LeMans 3 yrs in a row and the CTO of Ford seats on my board. You say I don’t know auto 🙄
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Awesome example of the power of AM with our customer Gullmolar in Iceland who uses our printers to manufacture food processing equipment 🎣🇮🇸
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Super excited to be a tiny Series A investor in
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Hello world. We are live
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Congrats to all my friends that work at $tsla on a fantastic quarter and FOR SHOWING THE HATERS HOW ITS DONE!
70% sequential growth
#1
selling car in $ numbers in the US
$880M in free cash flow
#productfirst
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My condolences to Sanjay’s family, Josh, David and the entire
@E3DOnline
team. I’m extremely sad to hear of the passing of my good friend Sanjay Mortimer. Sanjay, you were always smiling and a joy to be around
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@Jason
is right. I’d never want to take money from someone that doesn’t believe in capitalism
"That's the point America has gotten to. We actually believe socialism and communism is a better operating system. It is not," says
@Jason
. "We have just gotten soft as Americans."
@CNBC
@carlquintanilla
@dee_bosa
@jonfortt
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Impressive to see a topology optimized generative design and 70 part assembly consolidation into a single part in a mainstream vehicle through a casting. Don’t think any other OEM has ever had the balls to do this. Congrats
@elonmusk
🚀🇺🇸
Wow... is the entire rear structure of the Model Y a single casting?
I almost wonder if Elon specifically included a closeup picture of it specifically to mess with other manufacturers ;)
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FreeFoam is going to change the way people make lots of products!❤️
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Statement in support of the Biden administration efforts to boost supply chain resiliency with additive manufacturing
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Sometimes it’s better to be lucky. None of the DM products are made or assembled in china.
With Shanghai in a near total lockdown, this is a map of the commercial ships currently waiting offshore to be loaded and offloaded of goods; exacerbating global supply chain woes
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Our new FDA approved Class 2 permanent material! Flexcera SmileUltra+ | The Perfect Fit | Desktop Health
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My message to TeamDM this morning on our Q4 results which marks 7 quarters of continued progress:
Hello Team DM,
I am writing this morning regarding our Q4 and Full Year 2023 earnings.
Despite a challenging environment in additive manufacturing, led by elevated interest rates,
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Awesome printed composite tooling (with controlled CTE by mixing ceramic and silica). This is for automotive by our customer InnoCast in Germany. This process saves over 80% on tools for carbon fiber parts!
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We are introducing incredible new products today delivering a new level of accuracy 🕶🚀
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Beautiful printed hydraulic valve by Aidro for Hydranautic. Come see it live if you are at Hannover Messe Hall 6 Stand C76 🕶🚀
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Not a rendering. GE Bracket generatively designed with Live Parts v1.5 with superior performance to previous designs. Full size part printed in
@desktopmetal
Studio System+ 🚀 See you at IMTS next week
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Desktop Metal to Unveil 3D-Printed Sheet Metal Technology for Cars, Planes
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Loving what our customer Sandhelden is building with our large format printers. Luxury printed home and bathroom interiors
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One of our engineers showed up with a Model 3. Half company stopped working. The product looks amazing. Tesla shorts beware 💯
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1/ The case for incremental in ovation in batteries and leveraging consumer markets to drive EV
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