M3D Sees Record Growth in 2016 – Cites Benchmark Sales, Staff Expansion and Key Patent Awards

Share this Article

The Micro 3D Printer is the little 3D printer that could. M3D’s Micro 3D Printer was the #1 Kickstarter campaign of all time for the 3D printing space, earning $3.4M. They received recognition from Guinness World Record charting and M3D’s accolades go well beyond the digital realm. By going to market, the company fulfilled a secondary promise to jobseekers, creating a wealth of job opportunities for local workforces. Since launch, M3D has effectively brought in over 70 employees from Fulton and surrounding areas of Maryland, all of whom have helped to greatly augment its customer/technical support teams, marketing/design, engineering, software development, and management teams.

blue-naturalbackground (2)

M3D just announced record growth metrics in 2016, following the launch of the retail version of the company’s flagship Micro 3D Printer in mid-2015. Since then, the company has reported a 200+% growth in sales of its main offering over the last six months, approaching 50,000 units sold to date. Additionally, M3D has cited exceptional internal growth through a series of new hires and key patents/trademarks for its current and future products.

“Our mission at M3D is to be recognized as the best 3D printer out there. We’ve shown profitability and scalability in only our second year of operations – an extremely short time period – and we didn’t need to take investments to do it,” said Michael Armani, CEO & Co-Founder. “We couldn’t be more excited about the progress we’ve made as a company since launch – and the numbers really do speak for themselves – and while this is certainly a step in the right direction, our immense achievements as a company thus far are a mere stepping stone for where see ourselves in the very near future.”

Micro-5At the Inside 3D Printing Conference & Expo in New York this week, I spoke with Armani about the direction of the company and their product offerings. According to Armani, M3D captured 7% of all desktop 3D printer sales with the Micro. The majority of those were direct sales. M3D is projecting to double its monthly (currently between 2500 – 5000 units) sales figures by end of year. The company has also pledged to expand current retail distribution deals with Amazon, Micro Center, Brookstone, and B&H, as it finalizes newly formed partnerships with big box stores like Staples.

M3D also produces its own line of filament,with some unique properties. Their recently released Tough 3D Ink is a soft PLA that is like standard PLA is biodegradable, and their ABS-R is an easily printable ABS that doesn’t require a heated bed. Both filaments are optimized to print at high speed on the Micro (up to 400% faster that with their standard 3D Ink PLA). M3D’s filament line also includes its color changing Chameleon Ink. Their filaments come in over 60 colors and have proven to be so popular that they are considering producing larger spools for use with other printers (M3D’s filaments are currently available in 1.75mm in 1/2 lb (225g) micro spools). Prices for M3D filaments range from $14 to $23.

The Micro Standard Edition comes with a 3-month warranty and sell for $349, with prices expected to rise soon. The Micro Retail Edition comes in retail packaging with a full 1-year warranty and one spool of their filament, and retails for $449. For more information about M3D and its current offerings, please feel free to visit www.printm3d.com.

Share this Article


Recent News

Optomec Announces New Aerosol Jet HD2 Electronics 3D Printer

3D Printed, Vascularized Lung Models Push 3D Systems into Bioprinting



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

Featured

Are We Finally at the Long-Awaited 3D Printing Inflection Point?

In my near-decade long tenure as a professional analyst to the 3D printing and additive manufacturing space, there has been near continuous talk about market inflection points—a time when the...

Featured

Dream M&As: 3D Printing Mergers and Acquisitions We’d Like to See in 2021

Inspired in part by the acquisition of EnvisionTEC by Desktop Metal and of Origin by Stratasys, we’ve been brainstorming about the newly hot 3D printing stocks and renewed interest from...

3D Printing Webinar and Virtual Event Roundup: January 17, 2021

We’ve got all kinds of virtual events and webinars to share with you this week, with topics ranging from 3D design and medical applications to simulation and more. Read on...

3D Printing Webinar and Virtual Event Roundup: January 10, 2021

Slowly but surely, we’re back in the new year with our weekly roundup of 3D printing webinars and virtual events! This week, we’ve got a webinar about Nexa3D and its...


Shop

View our broad assortment of in house and third party products.