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Country: United States

Formlabs is a digital manufacturing company founded in 2011 by three MIT graduate students. It manufactured the first 3D printer capable of producing industrial and professional-quality parts at an affordable price.

Today, Formlabs has become the world's largest supplier of professional stereolithography (SLA) and selective laser sintering (SLS) 3D printers.

The company has ten sites worldwide and works with customers in a variety of sectors, such as medical research, footwear design, automotive and aerospace manufacturing, as well as entrepreneurs and small businesses.

Formlabs has over 750 employees and has achieved a valuation of $2 billion.

News

Nick Graham appointed at Formlabs 22/05/2023

  • Formlabs founder and CEO: Max Lobovsky.
  • Formlabs value: $2 billion.
  • Formlabs headquarters: Somerville, Massachusetts.
  • Number of parts printed with Formlabs 3D printers: over 100 million.
  • International presence: United States, Germany, France, Japan, China, Singapore, Hungary and North Carolina.

3D printing for industry. 21/03/2022

  • Formlabs is a leader in 3D printing, specializing in stereolithography and powder sintering.
  • The company was founded in 2011, to make 3D printing technology accessible to as many people as possible.
  • The cost of SLA solutions has dropped from $300,000 before Formlabs was founded to less than $3,000 with the first Formlabs printer.
  • 3D printing is being increasingly adopted by R&D departments for prototyping and design applications.
  • Formlabs positions itself between the entry-level and the industrial, making its solutions financially accessible and easy to use.
  • In ten years, Formlabs has grown from a 30-person start-up to a multinational with over 700 employees.
  • Formlabs has sold nearly 100,000 printers and enjoys a leading position in SLA technology.

Additive Manufacturing: The Evolution 17/02/2022

  • Over 400 responses received for this study.
  • Nearly half the companies surveyed have set up teams dedicated to additive manufacturing.
  • Rapid prototyping (58%) and the creation of models and accessories (53%) are still important issues.
  • Over 60% of current 3D printing users are already using it for their end products.
  • Since the start of the pandemic in March 2020, huge growth in terms of 3D printer use has occurred.
  • According to the survey, 57% of respondents said they were using additive manufacturing to solve supply chain problems.
  • Sustainability is a priority for 70% of new 3D printer users and only 30% of existing users.
  • Of the participating companies, 72% are already using 3D printing technology, and 76.4% prefer to use their own in-house 3D printing machines.
  • Use of 3D printing technologies: FDM (most widely used technology), stereolithography (56%) and SLS (44%).
  • Around three quarters of companies surveyed have invested in their 3D printing capabilities.
  • 64% of companies that have introduced additive manufacturing into their business in the last two years are looking to make medium to large investments in 2022.
  • A further 70% want to do so within the next two years.
  • According to the study, 72% of those surveyed believe that 3D printing enables more customized manufacturing, and 71% say that computer-aided manufacturing has become a mainstay of production and development.

Studies mentioning this company

The 3D printer market - France

Other companies mentioned:

  • Prodways
  • Stratasys
  • 3D Systems
  • EOS
  • SLM Solutions
  • ExOne
  • Voxeljet
  • GE Vernova
  • HP Hewlett Packard
  • AddUp
  • Poly-Shape
  • Sculpteo
  • Poietis
  • ARRK
  • Materialise 3D
  • XtreeE
  • Construction 3D
  • Batiprint3D
  • Athletics 3D
  • Dagoma
  • 3DCeram Sinto
  • EOS GmbH
  • Formlabs
  • Pollen AM
  • Markforged
  • Arburg
  • 3D Advance
  • Desktop Metal
  • Zortrax
  • Microlight3D
  • Weber Beamix (Saint-Gobain groupe)
  • 3Deus Dynamics