Xometry, a Steel Sheet Supplier, Launches New Instant Quoting Engine

A steel sheet is an engineering raw material that can be shaped into a variety of components and assemblies. While there are better materials for specific engineering applications, few can match the ubiquity and cost-effectiveness of steel sheets.

Distributor of standard and custom stainless steel sheet products. Capabilities include forming, slitting, cutting to length and welding. Serves aerospace, military, marine, automotive and general manufacturing industries.

Xometry Instant Quoting Engine

GAITHERSBURG, Md. — Xometry, the largest on-demand manufacturing platform, has launched a new version of its Instant Quoting Engine that offers multiple features that improve user experience and productivity. These include a new summary view that provides an at-a-glance review of quotes, a part-level modification page that captures changes in real time and a 3D viewer with instant design feedback.

In addition, direct integration with SOLIDWORKS allows engineers and designers to quote, get DFM feedback and purchase custom manufactured parts in a choice of 15+ manufacturing processes, all from within SOLIDWORKS. The Xometry add-in instantly analyses the geometry of a CAD part and allows users to select their material, process and quantity to receive updated instant pricing and lead times, enabling them to iterate on their designs with real-time feedback and optimise their products for price and time to market.

Xometry’s AI-driven technology automatically pairs projects with manufacturers best suited to produce them on-time and to specification. The company’s vetted manufacturing partner network includes job shops and serialized production facilities, each of which has passed an extensive audit to ensure quality standards are met. Customers range from university students and startups to engineers at Fortune 100 companies. Read a recent review from NYC CNC, one of the many manufacturers in Xometry’s manufacturing partner network:

Xometry Stock and Release Program

Xometry, which calls itself “the Uber of manufacturing,” allows designers to upload CAD files for on-demand production, using its algorithm to direct projects to manufacturers best suited to the job. The company offers CNC machining, sheet metal fabrication, 3D printing, injection molding and urethane casting among its capabilities, which are backed by a network of more than 4,000 manufacturers ranging from job shops to fully-scale production facilities.

The company is now ready to take its game to the next level, having just raised more than $300 million through an initial public offering. J.P. Morgan, UBS and Goldman Sachs are acting as lead underwriters. Loop Capital Markets and William Blair are co-managing the IPO.

In addition to the new funding, Xometry has also forged ahead with its expansion plans. The company has recently expanded its quoting engine to include more capabilities, including CNC steel sheet supplier machining and urethane casting. The company has also launched a supply chain management tool that helps customers manage the flow of work to multiple manufacturers.

Xometry has been growing rapidly and has already eclipsed 10,000 customers, having more than doubled bookings and revenues during the first five months of this year. The company is expected to report earnings on August 14th. Despite the high price of its shares, the company’s growth prospects remain strong.

Xometry Custom Fabrication

Xometry’s on-demand manufacturing platform gives designers the power to make custom metal parts on demand. Whether it is CNC machining, injection molding or 3D printing, Xometry connects customers with the capacity of their network of production partners. The platform provides instant pricing, lead times and DFM feedback on any CAD model, eliminating the need to negotiate with multiple suppliers.

If a project requires specialized materials that are not galvanized steel manufacturer in stock, Xometry’s team of experts can often source specialty materials through their expansive manufacturing network. To request a custom quote, open the part view in the instant quote and select “Custom”. Xometry will automatically pair you with the right supplier based on your requirements.

Distributor of galvanized, zinc coated corrosion resistant, pre-painted and standard 24 gauge steel sheet and coil. Capabilities include brake forming, cut to length, coil slitting, notching, painting and mill finishing. Meets ASTM standards.

For complex projects, Xometry’s on-demand technology allows you to upload a single CAD file and receive a fabrication quote on custom formed sheet metal prototypes or production parts. In addition, Xometry’s in-house manufacturing specialists will work with your fabricator throughout the process to ensure quality and timeliness. To learn more about how Xometry can help with your next project, click here. To simplify quoting and purchasing workflows, use Xometry’s Teamspace feature to create a unified account for your entire team.

Xometry Shipping

Based in Gaithersburg, Maryland, Xometry offers on-demand manufacturing with guaranteed prices and lead times for CNC machining, plastic/metal 3D printing, injection molding, sheet metal fabrication and urethane casting. Its technology enables customers to upload their 3D CAD models and get instant quotes from the largest capacity network in the world. The platform is integrated with SOLIDWORKS and CATIA, making it easy to receive pricing, lead time and Design for Manufacture (DFM) feedback without leaving the software.

The company has a vetted supplier network of over 5,000 manufacturers and a skilled applications engineering team to help with project development. This includes experience with large government contracts, including firm-fixed-price orders and purchase orders for both set-aside and unrestricted requirements for military, aviation, aerospace, automotive, and other industries.

Xometry’s partners include Zero Hour Parts, a precision CNC machining company, and PT&R, Inc., a California-based precision metal and plastic parts supplier. Xometry also has a partnership with Sandvik Coromant, which provides cutting tools to machine shops.

Xometry’s business model allows it to offer competitive prices on long term work, but can be expensive for one-off prototyping or short production runs. Its competitors, like Jiga, can lower costs by enabling direct communication between suppliers and engineers, providing data analytics, and customizable approvals and permissions. This allows businesses to tailor the purchasing process to fit existing workflows and processes more closely.