3D printing company New Matter is shutting down this month

Perhaps 2014 wasn’t the ideal time to get into the 3D printing game. After years of hype, the even the biggest names have been struggling to stay afloat. Pasadena startup New Matter is joining the growing list of companies who’ve unsuccessfully made a go at it, announcing that it will be closing up shop by the end of the month.

It’s not for lacking of trying — and the company’s MOD-t printer was met with decent reviews when it launched in 2016. In his writeup, John praised the pricing ($300 or $400, depending on where you picked one up) and ease of use, though added cautiously, “you get what you pay for.”

Initially funded on Indiegogo, the company went back to the crowdfunding well last year, this time taking to Kickstarter to pay for a Model 2. The project managed to exceed its goal in five days, but New Matter still pulled the plug. The company says it ultimately wanted to go back to the drawing board.

“We have always strived to listen closely to our customers’ feedback, and given the overall reaction to the MOD-t (2nd Gen),” New Matter wrote, “we decided that the best course of action would be to discontinue the Kickstarter campaign effective November 15, 2017, rethink our next generation offering, and return with additional updates in the coming year.”

By the holidays, the company was offering up its first-gen product for $200, which now appears like another red flag. The truth is that much of the shine has worn off consumer 3D printing, and even those companies that have found success have ultimately found it difficult or impossible to compete with low cost juggernauts like XYZ, which have simply undercut the competition.

In his announcement, New Matter CEO Steve Schell acknowledges that market difficulty was a major factor in the company’s decision to cease operations, writing, “It has become clear that our aspirations to transform the industry simple don’t fit profitably into the current market dynamics in desktop 3D printing.”

While it’s ceasing operations by end of month, the company will offer some technical support through the summer. After that, however, the machines will lose some functionality, so go forth and print like every day could be your last.

Comments

How Education Will Be Smarter, Less Intrusive, And Able To Respond To How You Feel

Impatience characterizes the technology sector’s approach to education. Disruption is taking place in all other sectors of society — so, why not education? I know too well, whether at Pearson or in the classroom, the challenges and frustration of developing and using digital tools that improve outcomes for students. But I’m optimistic. We are on the verge of a tide of smarter innovation that, if allowed to spread, will turbocharge the learning experience for students. Here are four areas worth watching: 1. Using technology to learn from learners Every great digital product constantly evolves by learning from its users, adding capabilities, and improving its performance. If it’s true for your Facebook feed, then why not education? The potential is there, as the OECD’s recent report on Students, Computers and Learning (OECD) incidentally showed how clickstream and tracking navigation in digital readers can be used to see how students process online text and...

The Eight Most Impactful Excel Shortcuts That You Should Master

If you’ve ever gone online to research improving your Excel skills, you’ve undoubtedly come across a post or two listing all of Excel’s keyboard shortcuts. In the latest version of Excel, Microsoft has made it easier than ever to learn shortcuts, by assigning shortcuts to nearly every function and making the discovery of the input sequence very transparent. While memorizing Excel shortcuts will generally improve your productivity, not all shortcuts are created equal. Shortcuts that you never use are not inherently not very useful and not worth memorizing. Your focus should be on the shortcuts that have the most impact – either by the amount of time it saves you, the frequency that you’ll use them, or the behavior it encourages. If you’ve already started using Excel or just haven’t utilized shortcuts heavily before, review the top eight shortcuts below. For any that you don’t know already, I would suggest memorizing them and incorp...

Google Announces Android Wear Update With WiFi Support, Always-On Apps, And More

It has been a while since Android Wear got any substantial updates, but today Google is announcing a big one. A new version of Wear will be rolling out over the coming weeks that includes a number of previously rumored features (like WiFi support) and some all new stuff (like always-on apps). Most Wear devices use the always-on ambient mode for the watch face by default, the Moto 360 being a notable exception. The new Android Wear version allows apps to operate in ambient mode too, so they remain active when the watch goes to sleep. That makes it easier to take a quick glance at the app instead of waking the device up and opening the app all over again. The watch will still only go into full-color mode when necessary. WiFi support is also coming in the update, which means your watch can be useful even if your phone isn't connected. Watches with WiFi support will be able to connect to WiFi and still get messages and notifications from your phone, provided it has an interne...

IT Where

#Responsive_Webdesign start from #7500, #hosting_Service Start from #3300 Per Year #get #your #special offers at Itwhere Pondy #Digital_Marketing , #SEO , #Product_Branding at Itwhere Pondy Email:info@itwheretech.co. in M:+91 9092734853 www.itwheretech.co.in

Exciting Technology

Search This Blog