Xometry, Inc. - Class A Common Stock (XMTR)

Frequently Asked Questions About Xometry, Inc. - Class A Common Stock (XMTR)

Does Xometry operate internationally?

Yes, Xometry operates internationally by offering services to customers and manufacturers across North America, Europe, and Asia. This global reach allows them to serve a diverse clientele and harness manufacturing capabilities from around the world.

How can customers get started with Xometry?

Customers can get started with Xometry by visiting their website, registering for an account, and uploading their design files. The platform offers instant quotes and allows users to select their preferred manufacturing options, making the process straightforward and accessible.

How does Xometry ensure quality in manufacturing?

Xometry ensures quality by rigorously vetting their network of suppliers and manufacturers. They implement quality assurance measures, including inspections, certifications, and customer feedback mechanisms, to maintain high standards throughout the manufacturing process.

How does Xometry support sustainable manufacturing?

Xometry supports sustainable manufacturing through its network of suppliers that emphasize eco-friendly practices and materials. By promoting on-demand manufacturing, they help reduce waste associated with traditional overproduction and encourage responsible sourcing in the industry.

How does Xometry's pricing model work?

Xometry employs a dynamic pricing model that allows customers to receive instant quotes for their manufacturing needs. The pricing is calculated based on factors like materials, complexity, and manufacturing processes, enabling transparency and competitiveness.

What are the company's financial performance metrics?

Xometry's financial performance includes growth in revenue and increased customer acquisitions, which are key indicators of its market position. As a publicly traded company, it regularly discloses financial statements highlighting revenue growth, profitability, and other metrics relevant to investors.

What are the future goals of Xometry?

Xometry aims to continue expanding its capabilities and geographic reach while advancing its technology platform. Future goals include integrating more advanced manufacturing technologies, enhancing customer experience, and solidifying its position as a leader in on-demand manufacturing.

What challenges does Xometry face?

Xometry faces challenges common to the manufacturing sector, including supply chain disruptions, economic fluctuations, and competition from traditional manufacturing processes and emerging platforms. The company continues to address these challenges through strategic planning and innovation.

What does Xometry, Inc. do?

Xometry, Inc. is an on-demand manufacturing platform that connects customers with a network of manufacturers. The company offers capabilities in a variety of manufacturing processes including CNC machining, 3D printing, sheet metal fabrication, and injection molding, allowing businesses to access custom parts and prototypes quickly and efficiently.

What impact has Xometry had on the manufacturing industry?

Xometry has significantly impacted the manufacturing industry by democratizing access to custom manufacturing services. By reducing lead times and costs through their platform, they have transformed how businesses approach sourcing parts and collaborating with manufacturers.

What is Xometry's competitive advantage?

Xometry's competitive advantage lies in its comprehensive technology platform that streamlines the manufacturing process and provides access to a vast network of manufacturers. This not only accelerates production times but also offers customers a broader range of capabilities and materials.

What is Xometry's growth strategy?

Xometry's growth strategy consists of expanding its network of suppliers, enhancing its technology platform, and growing its customer base through targeted marketing and partnerships. The company aims to continue leading the on-demand manufacturing market by innovating and adapting to industry trends.

What leadership does Xometry have?

Xometry's leadership team consists of experienced professionals with diverse backgrounds in technology, manufacturing, and business management. They bring extensive knowledge and expertise to drive the company's vision and strategic initiatives.

What services does Xometry offer?

Xometry provides a range of services focused on custom manufacturing, including CNC machining, additive manufacturing (3D printing), sheet metal fabrication, and injection molding. Additionally, they offer design assistance, sourcing capabilities, and quality assurance services.

What stock exchange is Xometry, Inc. listed on?

Xometry, Inc. is publicly traded on the Nasdaq under the ticker symbol 'XMTR'. The company went public in July 2021, offering its shares to investors seeking exposure to the on-demand manufacturing sector.

What technologies does Xometry utilize?

Xometry leverages advanced technologies, including artificial intelligence and machine learning algorithms, to optimize the manufacturing process. The platform provides automated quoting, project management tools, and supplier matching to enhance efficiency and speed.

When was Xometry, Inc. founded?

Xometry was founded in 2013 by Lawrence C. K. Cheng and other co-founders, aiming to innovate the manufacturing space through technology-driven solutions and enhance the efficiency of how custom parts are sourced and produced.

Where is Xometry, Inc. headquartered?

Xometry is headquartered in Gaithersburg, Maryland, USA. The location serves as a hub for its operations, management, and innovation strategies, providing support to its network of manufacturers and clients.

Who are Xometry's customers?

Xometry serves a diverse range of customers across various industries, including aerospace, automotive, medical, and consumer products. Their platform caters to startups, small businesses, and large enterprises that require custom manufacturing solutions.

What is the current price of Xometry, Inc. - Class A Common Stock?

The current price of Xometry, Inc. - Class A Common Stock is 19.43

When was Xometry, Inc. - Class A Common Stock last traded?

The last trade of Xometry, Inc. - Class A Common Stock was at 2:55 pm EDT on April 4th, 2025