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Markforged IPO: 3D Printing the New York Stock Exchange Bell for Listing Day - YouTube
Channel: Markforged
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It is a time-honored tradition...
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There's the opening S&P 500...
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The ringing of the opening and closing聽
bells at the New York Stock Exchange.
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100 million people watch the聽
opening and closing bells each day
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Markforged a leader in continuous carbon聽
fiber 3D printing are preparing to go public.
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We thought that we wanted to go big.
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The plan is to 3D print our own version of聽
the bell in metal so when we go public we're聽聽
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actually going to be bringing our聽
own bell built with our technology.
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We have the ability to print things out of聽
metal and continuous composites, these are聽聽
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structural components so printing our own bell聽
that we can bring on the day of the IPO is聽聽
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the most Markforged way to go public.
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The Markforged team has entered the trading floor聽聽
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and everyone is waiting to get a look聽
at what these engineers have created.
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Hey it's Ross here from Markforged. We are in聽聽
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heart of New York here to聽
reverse engineer the ticker bell.
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My role in 3D printing the bell聽
is to execute on the design.
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The first step was flying down聽
to the New York Stock Exchange,聽聽
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walking up to the bell and then聽
create a one for one replica.
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The original bell is iconic.聽
It's quite an elegant design聽聽
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and it's been sitting inside聽
that exchange for years.
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Not only are we going to ring this bell at the聽
moment we become a publicly traded company,聽聽
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but it is going to be living inside the New聽
York Stock Exchange for the rest of history.
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Let's hope I don't screw up.
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When people think about 3D printing,聽
they usually think about these聽聽
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desktop plastic printers聽
that they're using to print聽聽
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Yoda heads or or little desktop tchotchkes.聽
But Markforged what we actually have built is,聽聽
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I mean you could print the Yoda head,聽
it would just be out of stainless steel.
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This is a part that's made out of steel聽
and started out on these printers.
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Literally it comes off the printer and a聽
day later we have like a sintered and ready聽聽
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metal part which is kind of unheard聽
of in terms of turnaround time.
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We invented a box that you can put your idea into聽聽
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and out the other side comes a part that聽
you can actually use made out of carbon聽聽
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fiber or stainless steel or copper or inconel聽
or kevlar that you can then take and put onto聽聽
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your robot or onto your factory floor聽
or into your product and then ship it.
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Markforged is involved in anything and everything.聽
From the automotive industry all the way to the聽聽
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aerospace industry to biomedical to mom and pop聽
machine shops that are making bolts or anything.
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You know someone's making something,聽
there's room for a 3D printer聽聽
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and there's room for a 3D printer聽
there's room for a Markforged system.
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So i just wanted to show you a bit of an idea
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I don't even know if i can聽聽
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build a raft on this either but we can make聽
the raft smaller like without even any offset.
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We came up with a small team to聽
streamline the design process.
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I mean we get we probably get two聽
maybe three cracks at this and then
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I'm a little worried about it I because I聽
want whatever we do to be visually stunning.
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Yeah i know you're saying I am a little聽
nervous though like as far as risk goes...
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As we were going through the design process,聽
it dawned on us that we shouldn't just copy it,聽聽
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we should do something that really聽
captivates the Markforged technology聽聽
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and is something that only our technology聽
can actually physically produce.
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We're leveraging all our technology聽
to make this bell happen and really聽聽
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showcase what our printers can do.
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We wanted something that could highlight our聽聽
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capabilities as well as our聽
ability to design and think.
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So we came up with this new design this design聽
isn't like any bell that you've seen before.
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It's split up into six different components,聽聽
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which is a nod to our logo which聽
consists of a six-sided hexagon.
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The bell itself is going to be made out of a whole聽
suite of materials that Markforged uses every day:
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17-4 stainless steel,
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a copper button head cap with聽
our logo front and center,
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the onyx base reinforced with the carbon fiber聽聽
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to ensure it's strong enough to聽
stay up for the rest of history.
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We need to get this design perfect聽
because it's going to live there forever.
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The date's coming up soon and the pressure is on聽聽
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but we work with tight deadlines around聽
here that's what Markforged really does聽聽
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we push the limit on technology and聽
on getting things out the door fast.
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We've finally hit the point聽
where the bell is printing聽聽
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and now it's up to the printer to do the rest.
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It's got roughly 1500 layers to print, we're聽
looking at a very tight deadline. We have some聽聽
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more work to do, everything's聽
gonna be fine. It'll be fine.
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So if we were to machine this bell聽
out of a massive billet of steel,聽聽
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first we would have to wait weeks if not聽
months just to get that massive piece of steel.
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From there, we would have to get the聽
special cutting tools to remove the material聽聽
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and arrive at the final shape.
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And if any issues occurred聽
during this stage of the process,聽聽
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we would have to scrap the聽
entire thing and start over.
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Hey it's Ross here from Markforged, you're聽
looking at this beautiful trophy right here.
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We got six more bell sections to go we聽
are really pushing it to the tail end聽聽
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like we're really cuttin' it close.
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We're gonna make it. Don't worry we're聽
gonna make it. We're gonna make it.
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Markforged CTO David Benhaim ready to聽
ring in the company he co-founded...
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Everything around us is manufactured:聽
your iphone, your car, your pants,聽聽
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your house, your furniture and then the pieces聽
of equipment that make all of those things.
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All that stuff is made, but the limits聽
of what we can create are fundamentally聽聽
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bound by our technology聽
that produces those pieces.
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Plus the constraints of cost.
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We are limited by traditional聽
manufacturing what we can imagine.
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But we believe in a world聽
where those limits don't exist.
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Where human imagination can聽
manifest easily in front of you.
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We are reinventing the fundamental聽
building blocks of manufacturing聽聽
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so that anything you imagine can be built today
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