Xometry's Innovative Auto-Quote Launch for Injection Molding
Xometry, Inc. (NASDAQ: XMTR), a leader in the AI-driven custom manufacturing marketplace, has introduced an exciting new feature: auto-quoting for injection molding services. This new capability marks a significant enhancement to its digital manufacturing platform, allowing customers in the U.S. to enjoy the same convenience previously launched in European markets.
Transforming the Quoting Process
The introduction of auto-quoting by Xometry is set to transform the injection molding process. By integrating advanced AI tools within its platform, Xometry offers an innovative solution that streamlines the journey from product design to the finished part. With customers needing only minutes to receive quotes instead of days, this capability not only accelerates the quoting process but significantly enhances productivity, saving vital time in product development and sourcing.
The Benefits of Auto-Quoting
Engineers and procurement professionals can now access immediate pricing and lead-time estimates for injection molding, a key component in manufacturing. Vaidy Raghavan, Xometry's CTO, emphasizes that this feature removes barriers that typically slow down decision-making. This efficiency allows teams to keep their projects on track and ensure they can scale operations as needed.
Empowering Businesses Everywhere
With the rollout of this auto-quoting service, Xometry empowers businesses of all sizes to take advantage of the full lifecycle management of their injection molding needs. Customers can select from various options, including prototype and low-volume tooling to high-volume production tooling, catering to an extensive range of project requirements.
Custom Solutions for Every Need
Xometry’s platform provides an array of materials, colors, and finishes—over 35 different options—allowing for the creation of molds and parts tailored to specific industry standards. This adaptability ensures that Xometry can meet the unique demands of each customer, regardless of the scale or complexity of their projects.
About Xometry
Xometry stands as a pioneer in digitizing the manufacturing process, offering a comprehensive suite of cloud-based services that streamline how manufacturers operate. With their innovative AI-powered platform, they provide real-time pricing and lead time data, ensuring efficiency and transparency throughout the manufacturing cycle.
A Trusted Source for Industry Leaders
Recognized by industry professionals, Xometry continues to build its reputation as a vital resource for manufacturers striving to optimize their production capabilities. Businesses can depend on Xometry not only for immediate quoting but also for support throughout the sourcing process, reducing overhead costs while improving overall manufacturing times.
Contact Information for Media and Investors
For media inquiries, Lauran Cacciatori, VP of Communications, can be reached at 773-610-0806 or via email at lauran.cacciatori@xometry.com. Investors can reach Shawn Milne, VP of Investor Relations, at 240-335-8132 or shawn.milne@xometry.com.
Frequently Asked Questions
What is Xometry?
Xometry, Inc. is an AI-powered marketplace that connects buyers with suppliers for custom manufacturing solutions, focusing on providing rapid quoting and efficient manufacturing processes.
What is the new feature launched by Xometry?
Xometry has launched an auto-quoting feature for injection molding services, significantly speeding up the quoting process and enhancing customer experience.
How does auto-quoting benefit customers?
This feature provides immediate access to pricing and lead-time estimates, significantly reducing the time required for product sourcing and decision-making.
What types of products can be sourced through Xometry?
Xometry allows customers to source a wide range of molded parts, from prototypes to high-volume production tooling, accommodating various industry specifications and needs.
Who can use Xometry's services?
Xometry caters to businesses of all sizes, enabling them to manage their manufacturing needs efficiently and cost-effectively.
