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Company overview

Markforged offers a comprehensive additive manufacturing platform known as The Digital Forge, which integrates industrial 3D printers, proprietary materials, and cloud-based software. The company’s product lineup includes desktop and industrial printers like the Mark Two, X7, and FX20, capable of printing with composite materials reinforced with continuous fibers such as carbon fiber, fiberglass, and Kevlar. Additionally, the Metal X system enables the production of metal parts using materials like stainless steel, Inconel, and copper. The platform is designed to produce functional parts with high strength and precision, suitable for applications in aerospace, automotive, and manufacturing industries.

The company’s hybrid recurring sales model combines hardware sales with a subscription-based approach for software and materials. Customers purchase the 3D printers and then subscribe to the Eiger software, which provides cloud-based slicing, print management, and fleet management capabilities. This model allows for continuous updates and improvements to the software, so that users always have access to the latest features and performance enhancements. The subscription also includes access to Markforged's proprietary materials, ensuring optimal compatibility and performance.

Customers and target markets

  • NASA
  • Google
  • Lufthansa
  • Nike
  • Intel
  • Raytheon
  • USDA

Company metrics

Headquarters:
Waltham, Massachusetts
Company size:
201-500
Founded:
2013