The ExOne — Investor Presentation (January 2021)
77 slides from The ExOne's investor presentation, Jan 20, 2021
Slide 1: ExOne Metal Binder Jet 3D Printing
EXONE METAL BINDER JET 3D PRINTING
Slide 2: About ExOne
ABOUT ENTER EXONETITEL CHAPTER
Slide 3: About ExOne
About ExOne ExOne is the pioneer and global leader in binder jet 3D printing technology. Since 1995, we’ve been on a ENTER CHAPTER TITEL mission to deliver powerful 3D printers that solve the toughest problems and enable world-changing innovations. Our 3D printing systems quickly transform powders −
Slide 4: The ExOne Company | Overview
The ExOne Company | Overview The global leaders in binder jet 3D printing for 20+ Years Founded Machines & Services High-Value Parts Industrial Markets Rapid Growth Began in 1995 as the 3D Industrial-grade binder jet Sand molds and cores Foundries | Automotive 2018 Revenue: $65M division o
Slide 5: The ExOne Company | Locations
The ExOne Company | Locations We are represented all over the world Headquarters The ExOne Company 127 Industry Boulevard North Huntingdon, PA 15642 USA bod wara-shi, Japan ExOne GmbH Daimlerstrasse 22 86368 Gersthofen Germany ExOne KK @ Headquarters 161-5 Haneo @ Represented Odawara-shi, Kanagawa J
Slide 6: The ExOne Company | Early Years
The ExOne Company | Early Years Highlights of an emerging technology leader Year of the Spin-off Extrude Hone launches two The Patent new printers, the S-Print Extrude Hone obtains sand printer and X1 Lab exclusive field-of-use metal printer and is sold to license for patented 3D Entry into Sand Ken
Slide 7: The ExOne Company | A New Era
The ExOne Company | A New Era Highlights of an emerging technology leader The Next Breakthrough Generation The Printers R&D Waves of Sand ExOne launches the S-Max Launch of four all-new ExOne launches three Pro production sand 3D ExOne begins 3D printers: the S-Max, a new sand printers, printer and
Slide 8: Experienced provider of metal binder jetting systems
ExOne Delivers Experienced provider of metal binder jetting systems SHIPPING SOON | The X1 160 Pro™ Our tenth and largest metal 3D printer Build Dimensions: 800 x 500 x 400 mm (31.5 x 19.7 x 15.8 in) Announced: Formnext 2019 | Delivery: 2H 2020 Some systems may also have additional build box sizes a
Slide 9: The ExOne Company | Installed 3D Printers
The ExOne Company | Installed 3D Printers Number of installed 3D printers worldwide * AMERICA EUROPE Country Metal Sand Country Metal Sand United States 90 29 Germany 12 20 Canada 7 2 Czech Republic 2 2 Mexico 5 France 2 4 Great Britain 1 8 ASIA Israel 1 Country Metal Sand Italy 1 8 Japan 10 32 Kaza
Slide 10: ExOne | Our Collaboration Partners
ExOne | Our Collaboration Partners Critical research and development network ExOne has a growing number of Amy Elliott, PhD Research collaborations that enable us to develop Scientist, Oak binder jet technology faster. Ridge National Laboratory These relationships, often made with ORNL customers, he
Slide 11: Our Core Technology
OUR CORE ENTER CHAPTER TITEL TECHNOLOGY
Slide 12: ExOne | Our Core Binder Jetting Technology
ExOne | Our Core Binder Jetting Technology Binder Jet 3D Printing Leadership for 20+ Years Definition: A method of 3D printing in which an inkjet print head quickly deposits a bonding agent onto a thin layer of powdered particles, either metal, sand, ceramics or composites. This process is repeated,
Slide 13: Binder Jetting | Overview
CORE BENEFITS Binder Jetting | Overview • • High processing speeds Scalable, large systems Patented in 1993 by Massachusetts Institute of Technology • Small or large parts • Many materials • Low operating cost POWDER BINDER PRINT EACH LAYER • Easy to operate AM Power Forecast Sand, Metal, Ceramics,
Slide 14: Binder Jetting | 3D Printing Process Overview
Binder Jetting | 3D Printing Process Overview Liquid binder is applied to a layer of powder to form high-value parts and tooling Digital File Machine & Prep Material Prep 3D Printing Sand molds & cores Depowder Cure optional Next Steps Depend ITERATIVE on Application and Sand tooling Depowder Coat o
Slide 15: ExOne | Binder Jetting Technology
ExOne | Binder Jetting Technology Binder is selectively applied to a thin layer of sand, layer by layer, to form parts START LAYER INKJET BINDER FAST LAYER SPEEDS The recoater applies the first thin A gantry of industrial print heads With a full sweep of print heads, a layer of powder – either sand,
Slide 16: ExOne | Binder Jetting Technology
ExOne | Binder Jetting Technology Precise recoating of sand, and application of binder, are key for quality parts RECOATING RINSE AND REPEAT POST PROCESSING This is a critical step in the binder Once the next powder layer has Once the job is complete, the part is jetting process, when the recoater b
Slide 17: ExOne | The Binder Jetting Process
ExOne | The Binder Jetting Process Dropping inkjet into a bed of powder takes extreme engineering and experience to control Among the Challenges Precisely jetting fine droplets of binder fluid into a bed of powder where particles are not necessarily the same size and shape (not perfect rounds, D50
Slide 18: ExOne | We Turn Powder into Parts
ExOne | We Turn Powder into Parts Binder jetting a wide range of powder materials POWDER MATERIALS WE PROCESS SAND METAL CERAMICS COMPOSITES Industrial Sands Ultra-fine metal Wide variety of Industrial-grade for metal casting MIM powders ceramic powders composites EX: Silica sand, EX: 316L, 304L, EX
Slide 19: ExOne | Binder Jetting Materials
ExOne | Binder Jetting Materials 20+ qualified 3D printing powders plus another 25 R&D materials © 2020 The ExOne Company 19
Slide 20: Binder Jetting | Print, Pour and Produce
Binder Jetting | Print, Pour and Produce A flexible array of materials for direct printing complex, high-value parts and tooling © 2020 The ExOne Company 20
Slide 21: Binder Jetting | Four Primary Application Categories
Binder Jetting | Four Primary Application Categories Binder Jetting delivers complex, high-value parts faster, with a dramatic reduction in waste 3D sand molds and cores Innovative 3D printed Direct metal 3D printing Direct ceramic DIRECT 3D printing CERAMIC INNOVATIVE 3D PRINTED for metal casting t
Slide 22: Binder Jetting | Transformational Benefits
Binder Jetting | Transformational Benefits Faster delivery, done-in-one pieces, new design freedoms and business flexibility FLEXIBILITY While all forms of 3D printing deliver some of these benefits, only binder jetting can deliver the throughput DESIGN FREEDOM necessary to drive high-volume transfo
Slide 23: ExOne | Eliminating Costly Waste
ExOne | Eliminating Costly Waste 3D printing eliminates wasted time and resources, improving profitability The ultimate lean tool Binder Jet 3D printing addresses all of the eight types of waste recognized in Waiting Overproduction Overprocessing Defects lean business principles. No waiting for patt
Slide 24: Metal 3D Printing | Exceptional Design Freedoms
Metal 3D Printing | Exceptional Design Freedoms Complexity achievable in final part as well as rigging and riser design ExOne and Altair worked with a global automotive manufacturer to lightweight an existing structural truck part that holds cruise control sensors. The existing part was redesigned w
Slide 25: Binder Jetting Considerations
BINDER JETTING ENTER CHAPTER TITEL CONSIDERATIONS
Slide 26: Binder Jetting | A Simple Process with Interdependency
Binder Jetting | A Simple Process with Interdependency Dropping inkjet into a bed of powder takes extreme engineering and experience to control PRINTHEAD Binder must be dropped precisely in the X and Y directions, with controlled levels of bleeding and saturation in Z PRINTHEAD POWDER Powder par
Slide 27: Binder Jetting | Powder Characterization
Binder Jetting | Powder Characterization Powder must be characterized and conditioned and work well with selected binder Large Particle Powders Finer Particle Powders MIM Powders (<30 Multiple MIM (60 microns) (30 microns) microns) Powders UNDERSTANDING POWDER CHARACTERIZATION Important to underst
Slide 28: Metal 3D Printing | Applications by Porosity
Metal 3D Printing | Applications by Porosity From large particles to infiltrated materials to dense, single-alloy, ultra-fine powders Product Forms Coarse Powders Product Forms Fine Powders Materials (D50>20µ): Materials (D50 <20µ): Bonded Partially Bonded Minerals, Ceramic, Bonded Minerals, Ceramic
Slide 29: Binder Jetting | Binder Considerations
Binder Jetting | Binder Considerations Many binders are proprietary to manufacturers and play a critical role CHEMISTRY REQUIREMENTS BINDER PROPERTIES Compatible with jetting module Open Time Compatible with powder Droplet Formation Time Must wet powder while Stability (doesn’t change ov
Slide 30: Binder Jetting | Machine Design & Control System
Binder Jetting | Machine Design & Control System Different binder jet approaches to powder and binder management Original Approach New Approach Important to understand different designs and how they impact powder management, cleanliness (a serious consideration with powder) as well as impact on sp
Slide 31: Binder Jetting | Recipes & Optimizing with Iteration
Binder Jetting | Recipes & Optimizing with Iteration Users can tap high-throughput 3D printing benefits with binder jetting SAND BINDER JET 3D PRINTING The sand printing process and recipes are highly plug and play with little adjustment required This process is ready for volume production METAL
Slide 32: Metal 3D Printing
METALCHAPTER ENTER 3D PRINTING TITEL
Slide 33: Metal 3D Printing | History
Metal 3D Printing | History Transitioning from first serial applications to industrial use Started with larger particle sizes and porous/infiltrated parts Late 1990s 2013-2020 Production Growth has occurred as densities have increased and manufacturers • First Metal • High Density • First take a
Slide 34: Metal 3D Printing | ExOne Leadership
Metal 3D Printing | ExOne Leadership We are the market share leader in binder jet 3D printers for metals and ceramics Binder Jet 3D Printers Innovent+, a reliable entry-level model DIRECT METAL DIRECT CERAMIC 3D PRINTING 3D PRINTING M-Flex, an affordable, large and reliable model X1 25Pro, a c
Slide 35: Metal 3D Printing | Transformational Benefits
Metal 3D Printing | Transformational Benefits Faster delivery times and new design freedoms Quick delivery of accurate and dense metal parts. Process and material waste EXCEPTIONAL efficiencies over traditional methods. DESIGN New design and lightweighting RAPID FREEDOM opportunities. WASTE DESIGN R
Slide 36: Metal 3D Printing | Iterative Design with Big Payoff
Metal 3D Printing | Iterative Design with Big Payoff The 3D printing technology that is best suited for mass production Currently, we can binder jet to 1-3% dimensional tolerance on a first effort. Improving to below 1% requires about 3 iterations of printing and sintering. However, the benefits can
Slide 37: Metal 3D Printing | Successful Sintering
Metal 3D Printing | Successful Sintering Predictable process with uniform densities. Sintering exposes microscopic quality of the print. Green density target: 50-60% for most metals • High green density = less shrinkage • High green density = less distortion • High green density = tight tolerances S
Slide 38: Metal 3D Printing | Critical Powder Management Features
Metal 3D Printing | Critical Powder Management Features Delivering high-density green parts is essential for high-quality results Exclusive, patented system for dispensing, spreading and compacting the finest powders for high green strength Delivering Fast, High-Quality Parts Patented ultrasonic
Slide 39: Metal 3D Printing | High Density, Superior 3D Microstructures
Metal 3D Printing | High Density, Superior 3D Microstructures Why? Binder jetting 3D prints parts without particle fusion until final sintering Binder Jetting EBM DMLS Equiaxed grain structure for binder jetting leads to Minimal chemical segregation at grain boundary isotropic material propertie
Slide 40: Metal 3D Printing | Material Flexibility & Qualification
Metal 3D Printing | Material Flexibility & Qualification 3D print more than twenty metal, ceramic and composites – plus R&D THIRD- 8 PARTY CUSTOMER- 14 QUALIFIED 24+ R&D QUALIFIED R&D QUALIFIED: Have passed a preliminary CUSTOMER-QUALIFIED: Qualified by THIRD-PARTY QUALIFIED: Have passed qualificati
Slide 41: Metal 3D Printing | Rethink What's Possible
Metal 3D Printing | Rethink What’s Possible Dense and strong single alloys parts with complex geometries Binder jetting makes impossible parts possible. Print and It also makes them faster with less waste. sinter true round Organic holes Shapes Print extremely fine, strong features Automotive Sensor
Slide 42: Binder Jetting | Metal Design Guidelines
Binder Jetting | Metal Design Guidelines Part size, wall thickness, minimum feature size, and aspect ratio Scaling up for most metals: 19% in X and Y XY: 19% 21% in Z Z: 21% Shrinkage of green part is typically 16% Iterative process for dimensional tolerances +/- 1-3% on first print and
Slide 43: Metal 3D Printers
METALCHAPTER ENTER 3D PRINTERS TITEL
Slide 44: Metal 3D Printing | Product Overview
Metal 3D Printing | Product Overview NEW Binder jetting for metals, ceramics and composite powders. Innovent+ M-Flex X1 25Pro X1 160Pro TRIPLE ACT TRIPLE ACT TRIPLE ACT INSIDE INSIDE INSIDE Research Research Research Research Prototyping Prototyping Prototyping Prototyping Rapid pr
Slide 45: ExOne | Innovent+
ExOne | Innovent+® An affordable, compact and reliable 3D printer for metal, ceramic or Triple ACT included Enhanced composite. Since 2018. dust control Research features Prototyping Rapid product development Easy-access Short-run production fluid storage cabinet DETAILS Min powder size: 2
Slide 46: ExOne | M-Flex
ExOne | M-Flex® An affordable, large and reliable 3D printer for metal, ceramic or composite powders. Since 2013. Research Prototyping Rapid product development Easy User-friendly Short-run production access touchscreen cabinet control DETAILS Min layer height 50-200 μm Binder systems: A
Slide 47: ExOne | X1 25Pro
ExOne | X1 25Pro® User-friendly touchscreen A large, smart 3D printer for control high-quality serial production Triple ACT of metal, ceramic or included composite parts. Since 2019. Research Prototyping Advanced dust Rapid product development control systems for safety and Short-run product
Slide 48: ExOne | X1 160Pro
ExOne | X1 160Pro™ Triple ACT The largest and most included advanced 3D printer for production of metal, ceramic or composite parts. 2020. Research Prototyping Rapid product development Short-run production New conveyor system for Continuous 24/7 production continuous, serial Serial prod
Slide 49: A vision for the future: The InnoventPro
The InnoventPro ENTRY-LEVEL BINDER JETTING JUST GOT BETTER We’ve taken the world’s best-selling metal binder jetting system, the Innovent, A vision for the future and reimagined our entry-level system to deliver an even bigger bang that takes your work further than ever. The new InnoventPro, offered
Slide 50: InnoventPro 3L and 5L
InnoventPro 3L and 5L The InnoventPro will combine the ease of use and low cost of the Innovent+ with the production capabilities of the X1 25Pro. The InnoventPro will be capable of producing parts Preliminary machine specifications, subject to change up to 100x180x80 mm (3L) or 100x180x80 mm (5L) u
Slide 51: InnoventPro Ideal for R&D, Smaller Part Production
InnoventPro Ideal for R&D, Smaller Part Production Your path to scale up to high-volume serial production for full range of part sizes © 2020 The ExOne Company 51
Slide 52: A plan for the future: InnoventPro availability
Preliminary InnoventPro Timeline A plan for the future 2020 1H 2021 2H 2021 1H 2022 2H 2022 1H 2023 FORMNEXT ‘21 InnoventPro 3L 3L AVAILABILITY PRODUCTION LAUNCH Limited: Q4 2021 Volume: Q1/2 2022 RAPID ‘22 InnoventPro 5L 5L AVAILABILITY: PRODUCTION Q2/3 2022 LAUNCH © 2020 The ExOne Company 52
Slide 53: Metal Materials and Binders
METAL MATERIALS ENTER CHAPTER TITEL AND BINDERS
Slide 54: Metal 3D Printing | Material Qualification Process
Metal 3D Printing | Material Qualification Process ExOne systems print more than two dozen metal, ceramic and composite powders ExOne’s tiered, multistep R&D Customer- Third-Party qualification process to ensure Qualified Qualified Qualified materials will deliver consistent, high-quality results
Slide 55: Third-Party Qualified Materials
Third-Party Qualified Materials Have passed rigorous ExOne tests over multiple builds and have verified material property data from an independent third party. General marketplace readiness. Single Alloy Metals 1. 17-4PH SS 2. 304L SS 3. 316L SS 4. M2 Tool Steel 5. Inconel 718 Metal Composites 1. 31
Slide 56: Customer-Qualified Materials
Customer-Qualified Materials Have been qualified by ExOne customers with their own standards and are being successfully printed for their own applications. Single Alloy Metals Ceramics Ceramic-Metal Composites 1. 17-4PH SS* 1. Alumina 1. Boron Carbide i/w Aluminum 2. 304L SS* 2. Carbon 2. Silicon Ca
Slide 57: R&D Materials
R&D Materials Have passed a preliminary qualification phase by ExOne and are deemed printable, supported by ongoing development. Single Alloy Metals 19. M2 Tool Steel** 12. Tungsten Carbide 1. 17-4PH SS** 20. Panacea 13. Tungsten Carbide-Cobalt** 2. 304L SS** 21. Titanium** 14. Zirconia 3. 316L SS**
Slide 58: Metal 3D Printing | ExOne Fuse Binders
Metal 3D Printing | ExOne Fuse™ Binders Our growing portfolio of innovative metal binders BINDER CONSIDERATIONS One of the reasons ExOne metal binder jet systems can print such a Viscosity Bleeding X/Y diversity of powdered materials is our portfolio of specialty Fuse™ binders, Saturation De
Slide 59: Metal 3D Printing Services
METAL 3D PRINTING ENTER CHAPTER TITEL SERVICES
Slide 60: ExOne | Metal 3D Printing Solutions
ExOne | Metal 3D Printing Solutions Full support for sand casting with 3D printing technology ExOne Metal 3D Services Printed Metal Parts on Demand The ExOne Metal3D Team Design and Engineering Service has world-class knowledge Requirements assessment of metal AM designs and Experienced 3D d
Slide 61: Ceramic 3D Printing
CERAMIC ENTER 3D PRINTING CHAPTER TITEL
Slide 62: Ceramic 3D Printing
Ceramic 3D Printing Software being developed to codify and streamline design for binder jetting Inherent advantages for ceramics: Print speed, print size, material choices and flexibility Application in many ceramic materials markets: Reaction bonded / Siliconized Silicon Carbide (SiC) for o
Slide 63: New Opportunities: 3D Printed Tooling
NEW OPPORTUNITIES ENTER CHAPTER TITEL 3D PRINTED TOOLING
Slide 64: What is Washout Tooling?
What is Washout Tooling? A new form of 3D printed sacrificial tooling A new and sustainable method of creating lightweight parts with trapped geometries, such as ducting, tanks, struts, mandrels and rocket shrouds. With this ExOne-exclusive form of sacrificial tooling, a tool is 3D printed in sand o
Slide 65: The Core Benefits of Washout Tooling
The Core Benefits of Washout Tooling A fast, easy-to-use, affordable form of sacrificial tooling FAST EASY Eliminates long lead times Washes out with tap needed for most other water. No need for hot forms of sacrificial tooling. solvents, detergents, Quick removal of tool. deflatable tools and compl
Slide 66: Washout Tooling Industries
Washout Tooling Industries Choose a low or high CTE to manage expansion Aerospace Automotive We serve a wide range of customers in this market, We serve the NASCAR, Performance and Luxury including makers of UAVs, with tooling for parts. automotive markets with tooling for a variety of parts. Duct
Slide 67: Washout Tooling Process
WASHOUT TOOLING ENTER CHAPTER TITEL PROCESS
Slide 68: Washout Tooling Process
Washout Tooling Process Design > 3D Print > Coating > Layup > Autoclave … Processes supported by washout tooling include: Hand/wet layup Pre-preg layup Filament winding Design 3D Print Coating Tape or fiber placement Composite Layup Autoclave 20.01.2021 | 68 © 2020 The ExOne Company 68
Slide 69: Washout Tooling Process
Washout Tooling Process Simple Water Washout > Final Part Remove Tool with Tap Water Recover and Reuse Sand Media Final Fiberglass Part © 2020 The ExOne Company 69
Slide 70: Extreme Design Benefits
Extreme Design Benefits Choose a low or high CTE to manage expansion Novel designs printed in ends of mandrels to create longer mandrels Creates ability to manufacturer parts longer than the build volume ( L > 800 mm) Minimizes shipping issues and potential damage to shipping long mandrels A
Slide 71: Integration with Metallic Hardware
Integration with Metallic Hardware Printed Cerabeads washout mandrel (Teflon wrapped) with integrated hardware © 2020 The ExOne Company 71
Slide 72: Comparing Washout Tooling Methods
Comparing Washout Tooling Methods High-quality manufacturing in our Saint Clairsville, Ohio, facility Technology NRE Build Build Tooling Use Removal CTE Use Driver Cost Cost Time Req’d Temp Binder Jetting $ $ Low No 180° C Tap Low or New technology water High FDM (SSYS) $ $$ Med No 180° C Hot High N
Slide 73: Washout Tooling Print Media
Washout Tooling Print Media Choose a low or high CTE to manage expansion ExOne binder jet machines 3D print traditional sand and ceramic sand media into a tool with a binder that remains water soluble up to 180° Celsius or 356° Fahrenheit throughout the process. Expansion is driven by the media, not
Slide 74: Washout Tooling Coating Options
Washout Tooling Coating Options Prevent resin migration into the porous 3D printed tool form ExOne offers two forms of proprietary spray coatings for its 3D printed tooling, in addition to Teflon tape wrapping. The blue coating remains water soluble up to 180° Celsius or 356° Fahrenheit while the gr
Slide 75: A Promising Future: Binder Jet 3D Printing
A PROMISING FUTURE ENTER CHAPTER TITEL BINDER JET 3D PRINTING
Slide 76: Enabling Smarter, Sustainable Supply Chains
Enabling Smarter, Sustainable Supply Chains Binder Jet 3D is a serious tool to lightweight and consolidate parts, de-risk supply chains • Fabricates objects with little to no waste, a • Enables part consolidation that eliminates dramatic improvement over traditional manufacturing processes and reduc
Slide 77: Thank you!
Thank you! The ExOne Company 127 Industry Boulevard, North Huntingdon, PA 15642 1-877-773-9663 www.exone.com 20.01.2021 | 77
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