Xometry Extends Custom Manufacturing Capabilities in Europe11 Feb, 2020 By: Cadalyst Staff
New quoting capabilities and the acquisition of the Shift on-demand manufacturing marketplace further the company’s aggressive growth.
Xometry, a global marketplace that connects custom manufacturing customers with providers in its partner network, is now offering “instant” quoting on 3D printing in Europe. Customers will now have access to quotes and design-for-manufacturability feedback on 3D printing orders via Xometry’s Instant Quoting Engine.
Xometry Europe’s new 3D printing offerings include selective laser sintering (SLS) and HP Multi Jet Fusion (MJF) printing in six materials, and the company plans to expand its process and material offerings further this year. Engineers can update their models and receive price and lead time adjustments in near–real-time for both processes. In addition to on-demand 3D printing, Xometry Europe offers CNC machining, sheet metal fabrication, and post-processing of metals and polymers through its online platform.
This announcement comes close on the heels of Xometry’s acquisition of Shift in December 2019. Shift is reportedly the largest on-demand manufacturing marketplace in Europe. The acquisition, expanded Xometry’s reach into 12 new countries, leveraging a worldwide network of more than 4,000 manufacturers.
"Global expansion is a key step for us," said Xometry CEO Randy Altschuler, in a company release. "Many of our customers, like BMW and Bosch, have a global presence and we can serve more of their needs with a global network. Our AI-driven algorithms and intelligent sourcing platform give us a competitive advantage as we expand across new geographies and manufacturing technologies."
Shift co-founder and Head of Technology for Xometry Europe Alexander Belskiy noted, "There are huge opportunities in enabling Xometry's Instant Quote Engine and other product features in the European market.” Shift will operate as Xometry Europe and continue to be headquartered in Munich, Germany.
Xometry is scaling up its size and reach at a rapid clip: Over the past two years, it has grown from 100 employees to over 300, while more than doubling revenue each year, the company reported.