HP and Smile Direct Club Collaborate on Largest Multi Jet Fusion 3D Production Factory in the U.S.

Date : 05/21/2019 @ 1:00PM
Source : GlobeNewswire Inc.
Stock : HP Inc. (HPQ)
Quote : 19.9  -0.01 (-0.05%) @ 8:59PM

HP and Smile Direct Club Collaborate on Largest Multi Jet Fusion 3D Production Factory in the U.S.

Hewlett Packard (NYSE:HPQ)
Historical Stock Chart

1 Month : From May 2019 to Jun 2019

Click Here for more Hewlett Packard Charts.

 Today at Rapid 2019, North America’s largest 3D printing conference, HP Inc. and SmileDirectClub, the pioneer of teledentistry and market leader in doctor-directed, remote clear aligner therapy, announced an expanded collaboration to revolutionize the way that millions of people can achieve a straighter smile. SmileDirectClub is powering its digital differentiation and rapid manufacturing expansion of clear aligners with HP’s Jet Fusion 3D printing solutions, making it the largest producer of Multi Jet Fusion 3D printed parts in the country.  

“SmileDirectClub is digitally transforming the traditional orthodontics industry, making it more personal, affordable, and convenient for millions of consumers to achieve a smile they’ll love,” said Alex Fenkell, co-founder, SmileDirectClub. “HP’s breakthrough 3D printing and data intelligence platform makes this level of disruption possible for us, pushing productivity, quality, and manufacturing predictability to unprecedented levels, all with economics that allow us to pass on savings to the consumers seeking treatment using our teledentistry platform.”

Disrupting the 120-Year-Old Orthodontics Industry SmileDirectClub co-founders Alex Fenkell and Jordan Katzman first met as teens with metal braces at summer camp, later deciding that innovations in technology and telehealth could democratize access to safe, affordable, and convenient orthodontic care.  Founded in 2014, SmileDirectClub is the market leader of the doctor-directed clear aligner industry, utilizing its digital network of state licensed dentists and orthodontists who prescribe teeth straightening treatment plans and manage all aspects of clinical care from diagnosis through the completion of treatment using its proprietary teledentistry platform. SmileDirectClub is growing rapidly, having already served more than half a million customers in the U.S., Canada and Puerto Rico, with plans to expand to Australia and the UK in 2019.An estimated 80% of Americans could benefit from orthodontic care, yet only 1% receive it each year, with cost being the biggest prohibitive issue. In the U.S., 60% of counties do not have access to an orthodontist. By leveraging the benefits of teledentistry coupled with HP’s 3D printing technology, SmileDirectClub is bridging these gaps, offering people a chance to build confidence through a straighter, brighter smile at a cost that is up to 60% less than traditional options.

HP 3D Printing Accelerates SmileDirectClub’s Manufacturing Growth HP 3D printing technology is powering SmileDirectClub’s disruptive business model and rapid growth. SmileDirectClub and its manufacturing partners rely on HP Jet Fusion 3D printing solutions to produce all of the mouth molds for each patient’s aligners and retainers, creating an average of more than 50,000 personalized mouth molds each day. To keep up with increased consumer demand, SmileDirectClub has more than doubled its investment in HP 3D printing solutions to now include a fleet of 49 HP Jet Fusion 4210 3D printers and anticipates printing nearly 20 million mouth molds over the next 12 months alone.

“SmileDirectClub and HP are reinventing the future of orthodontics, pushing the boundaries of customized 3D mass production and democratizing access to affordable, high-quality teeth straightening for millions of people,” said Christoph Schell, President of 3D Printing and Digital Manufacturing at HP Inc. “Through this collaboration, HP is helping SmileDirectClub accelerate its growth, enabling a new era of personalized consumer experiences only made possible by industrial 3D printing and digital manufacturing.”

New Joint Recycling Program Enables a More Sustainable Future3D printing is not only driving the next industrial revolution, but can also help provide a sustainable one. Furthering that effort, today HP and SmileDirectClub also announced a new recycling program, in which excess 3D material and already processed plastic mouth molds are recycled by HP and turned into pellets for traditional injection molding, leading to more sustainable production. The overall sustainability benefits of 3D printing are vast, and include helping to reduce the amount of materials used, shortening and simplifying traditional supply chains, better matching of supply and demand, as well as improving service options that can prolong the life of products. 3D printed parts can also reduce the weight of vehicles and aircraft to improve fuel efficiency, which can reduce greenhouse gas emissions and resource consumption.

About SmileDirectClub SmileDirectClub was founded on a simple belief: Everyone deserves a smile they love. Recognizing an opportunity to increase access to affordable, convenient oral care, the company pioneered teledentistry and became the market leader of doctor-directed, remote clear aligner therapy. A digital network of duly licensed dentists and orthodontists approve and oversee their patients’ smile plans from start to finish. SmileDirectClub was founded in 2014 by Alex Fenkell and Jordan Katzman in partnership with Camelot Venture Group, whose portfolio companies include 1-800 CONTACTS and Quicken Loans.  Available across the United States, Canada and Puerto Rico, SmileDirectClub is headquartered in Nashville, Tennessee, U.S.A. For more information, visit SmileDirectClub.com.   About HP HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of personal systems, printers, and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com/go/3Dprinting. 

Noel Hartzell, HP inc.noel.hartzell@hp.comwww.hp.com/go/newsroom Carrie Moore, SmileDirectClubCarrie.Moore@smiledirectclub.com www.smiledirectclub.com/press  

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/856921f4-8b9c-40e3-93d7-48960d19cd33

Latest HPQ Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.