ExOne Announces Kennametal as Inaugural Beta Customer for New X1 25PRO™ Production Machine
May 21 2019 - 10:00AM
Business Wire
The ExOne Company (Nasdaq: XONE) (“ExOne”), a global provider of
three-dimensional (“3D”) printing machines, 3D printed products,
materials and services to industrial customers, today announced its
initial X1 25PRO™ beta machine partnership with Kennametal Inc.
(NYSE: KMT), a global leader in material science, tooling and
wear-resistant solutions.
During the beta period ExOne and Kennametal will have an
opportunity to evaluate the new X1 25PRO™ machine and trial test
new materials and processes. As a multiple machine customer,
Kennametal is on the cutting edge of binder jetting technology
adoption for additive manufacturing.
“We see binder jetting technology as a key enabler for our
differentiated, high-performance wear materials, such as tungsten
carbide and Kennametal Stellite™ alloys,” said Sherri McCleary,
Director, Business Development Additive, Kennametal. “Kennametal is
uniquely qualified to supply these additive materials and
components, and we’re pleased to collaborate with ExOne on
cutting-edge technology with the potential to help us advance from
prototyping to serial production.”
“Working with innovative, global companies like Kennametal is
another important step towards integrating industrial 3D printing
into existing and new production lines. We are excited to bring
Kennametal on as a beta user and look forward to beginning the
testing program”, said John Hartner, Chief Executive Officer,
ExOne.
The new X1 25PRO™ will be revealed at the RAPID + TCT event in
Detroit, MI, May 20th – 23rd. This high-resolution production
machine is capable of printing metal, ceramic, and other advanced
material parts directly. The X1 25PRO™ can print standard industry
powders utilized in MIM (metal injection molding) and other PM
(powdered metal) processes. ExOne has already received a production
order for the X1 25PRO™. The X1 25PRO™ will utilize proven
technology demonstrated on ExOne’s Innovent+™ and will be shipping
to customers later this year.
Visit ExOne’s website to learn more: https://www.exone.com.
Visit Kennametal’s website to learn more:
https://www.kennametal.com
About ExOne®
ExOne is a global provider of 3D printing machines, 3D printed
products, materials and services to industrial customers. ExOne's
business primarily consists of manufacturing and selling 3D
printing machines and printing products to specification for its
customers using its installed base of 3D printing machines. ExOne’s
machines serve direct and indirect applications. Direct printing
produces a component; indirect printing makes a tool to produce a
component. ExOne offers pre-production collaboration and print
products for customers through its network of ExOne Adoption
Centers (“EACs”). ExOne also supplies the associated materials,
including consumables and replacement parts, and other services,
including training and technical support that is necessary for
purchasers of its 3D printing machines to print products. The
Company believes that its ability to print in a variety of
industrial materials, as well as its industry-leading volumetric
output (as measured by build box size and printing speed) uniquely
position ExOne to serve the needs of industrial customers.
About Kennametal
With over 80 years as an industrial technology leader,
Kennametal Inc. delivers productivity to customers through
materials science, tooling and wear-resistant solutions. Customers
across aerospace, earthworks, energy, general engineering and
transportation turn to Kennametal to help them manufacture with
precision and efficiency. Every day approximately 10,000 employees
are helping customers in more than 60 countries stay competitive.
Kennametal generated nearly $2.4 billion in revenues in fiscal
2018. Learn more at www.kennametal.com. Follow @Kennametal:
Twitter, Instagram, Facebook, LinkedIn and YouTube.
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version on businesswire.com: https://www.businesswire.com/news/home/20190521005096/en/
ExOne Customers:Charlie
GraceChief Customer Officer(781)
820-1582charlie.grace@exone.com
ExOne Investors:Brian W.
SmithSenior Vice President-Corporate Development(724)
765-1350brian.smith@exone.com
Deborah K. Pawlowski / Karen L. HowardKei Advisors LLC(716)
843-3908 / (716) 843-3942dpawlowski@keiadvisors.com /
khoward@keiadvisors.com
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