YUP -- Essentium Implodes AGAIN!!!

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vr...@optonline.net

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Jul 24, 2023, 11:24:02 PM7/24/23
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You heard right - Essentium Imploded again - this time, I believe its THE END for the CA facility. I believe they will be closing down for good.

They Let almost Everyone go from the CA site, myself included!!! Yeah - they kept a sparse few - a bunch, they have been given a limited run, then they are gone. I suspect the rest will be going to the TX site!

Its too bad - as it really was my Dream Job - folks I worked with were like Family, and we ALL worked closely together. And, getting to work on these hi-tech Big Arse Cool machines was AWESOME!!!

But, alas - its over now...

Time for a New Job Search! Ugh...

-Kurt

3D Printing Tips and Tricks

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Jul 25, 2023, 10:21:55 AM7/25/23
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Sorry Kurt. IME, nothing lasts for very long. It really looked too good to be true. 

david merten

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Jul 25, 2023, 1:31:04 PM7/25/23
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Hey Kurt, longtime follower of your adventures.  I was curious what caused the implosion? Bad upper management,  or lack of business, or something else? I wish you best of luck on new employment!
  
     David

markni...@gmail.com

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Jul 25, 2023, 2:01:07 PM7/25/23
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I'll let Kurt answer the why question for himself.

But, just a wild guess, it looks like the Essentium line of 3d printers are in the same size and cost class as Stratasys printers.

It now looks like the Stratasys board has directed management to revisit the 3D Systems merger offer, after rejecting the offer from the Israeli company.

The merged company would be even more difficult to compete with.

3D Printing Tips and Tricks

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Jul 25, 2023, 8:10:34 PM7/25/23
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My guess is Essentium FDM machines were simply too expensive.

Vishal Pai

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Jul 26, 2023, 2:55:06 PM7/26/23
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Sorry to hear that Kurt...If you need help or want to talk you have my number !
There is lots of new dev going on in the 3D space I am sure there will be a position out there for your rich experience and skills in this industry !

Wish you all the best !

Vishal
Sliceworx




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3D Printing Tips and Tricks

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Jul 31, 2023, 1:48:25 PM7/31/23
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https://3dprint.com/301988/another-blow-to-the-3d-printing-sector-layoffs-at-essentium/

On Monday, July 24, 2023 at 8:24:02 PM UTC-7 vrfx wrote:

3D Printing Tips and Tricks

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Jul 31, 2023, 1:52:23 PM7/31/23
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So per that article they shut down the facility because the overall manufacturing markets are not doing well.
This matches other articles I'm seeing about Viet Nam and about China. China is feeling the effects of being cut off from chip production equipment by the U.S. along with their extreme debts from Real estate which Im reading may cause deflation there.
Winds of change?

vr...@optonline.net

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Jul 31, 2023, 3:10:02 PM7/31/23
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Thank you SO MUCH for your Kind words Vishal!!!

-K





------ Original Message ------
From: whatisyo...@gmail.com
To: 3d-printing-...@googlegroups.com
Sent: Wednesday, July 26, 2023 1:54 PM
Subject: Re: YUP -- Essentium Implodes AGAIN!!!

Sorry to hear that Kurt...If you need help or want to talk you have my number !
There is lots of new dev going on in the 3D space I am sure there will be a position out there for your rich experience and skills in this industry !

Wish you all the best !

Vishal
Sliceworx




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vr...@optonline.net

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Jul 31, 2023, 3:37:30 PM7/31/23
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Hey there David,

I'm actually HONORED to have a Follower like you. Its great to hear from fans of my creations AND my Crazy Adventures in life (like when the Bot-Guy went on his "tour" across the USA in 2018 - although, tour would be an exaggerated term) !!!

Now, as for an answer to your question - I can't give you any insights beyond what news is publicly available on the web - for obvious reasons that I need not bother stating (OUCH - that Rope around my wrists - behind my back - really HURTS!!!). That being said...

Someone just made me aware of this:

Finally - the news hit the airwaves!

That should give you, David, some (albeit limited) insights into the situation with Essentium.

But - as for me - my Adventures WILL continue. I have another interesting related piece of news I plan to post about shortly...

-Kurt




------ Original Message ------
From: davidme...@gmail.com
To: 3d-printing-...@googlegroups.com
Sent: Tuesday, July 25, 2023 12:30 PM
Subject: Re: YUP -- Essentium Implodes AGAIN!!!

Hey Kurt, longtime follower of your adventures. I was curious what caused the implosion? Bad upper management, or lack of business, or something else? I wish you best of luck on new employment!
David

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vr...@optonline.net

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Jul 31, 2023, 4:27:05 PM7/31/23
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Mark - I agree, if SSys & 3DS Merge - it would be nearly impossible for ANYONE to compete directly with them! I would consider it a true Monopoly, although there are others who have argued with me about it - saying that would not be truly a Monopoly.

Now, in regards to your comment of "...it looks like the Essentium line of 3d printers are in the same size and cost class as Stratasys printers." - I don't think that's completely accurate. Yes, Essentium l3d printers are Big like some of the Stratasys printers, and they are FDM like some of the Stratasys printers, and they are pricey (a 280 machine is around $220K).


However, I believe that if you look Deeper, and are able to find accurate pricing on SSys machines, you will probably find that an FDM machine with a print volume close to 695 x 500 x 600 mm (That is Max volume for an Essentium 280), I think you will find the price of an equivalent SSys machine to be MUCH Higher than that of an Essentium machine. Also, Essenntium machines can generally print MUCH Faster than an equivalent SSys machine. As such, based upon price and speed - that differentiates the Essentium machines.

Now - this is NOT to say I am a Huge FanBoy of Essentium - especially after being let go a SECOND Time. But, I did want to state some relative facts. Relative, cause I don't truly know the cost of a SSys FDM machine with the print volume similar to the HSE 280, but, my guess - its Much higher! Again - its just a WAG...

-Kurt



------ Original Message ------
From: markni...@gmail.com
To: 3d-printing-...@googlegroups.com
Sent: Tuesday, July 25, 2023 1:01 PM
Subject: Re: YUP -- Essentium Implodes AGAIN!!!


I'll let Kurt answer the why question for himself.

But, just a wild guess, it looks like the Essentium line of 3d printers are in the same size and cost class as Stratasys printers.

It now looks like the Stratasys board has directed management to revisit the 3D Systems merger offer, after rejecting the offer from the Israeli company.

The merged company would be even more difficult to compete with.

On Tuesday, July 25, 2023 at 12:31:04 PM UTC-5 david merten wrote:
Hey Kurt, longtime follower of your adventures. I was curious what caused the implosion? Bad upper management, or lack of business, or something else? I wish you best of luck on new employment!
David

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vr...@optonline.net

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Jul 31, 2023, 4:30:00 PM7/31/23
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Oddly - I did not seem to get the forum email that included the following comment: "My guess is Essentium FDM machines were simply too expensive."

I must say, I disagree with that comment. Yes, they are pricey - but, not more so than SSys machines. For a further commentary by me - refer to the other reply I just wrote...

-K





------ Original Message ------
From: whatisyo...@gmail.com
To: 3d-printing-...@googlegroups.com
Sent: Wednesday, July 26, 2023 1:54 PM
Subject: Re: YUP -- Essentium Implodes AGAIN!!!

Sorry to hear that Kurt...If you need help or want to talk you have my number !
There is lots of new dev going on in the 3D space I am sure there will be a position out there for your rich experience and skills in this industry !

Wish you all the best !

Vishal
Sliceworx




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3D Printing Tips and Tricks

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Aug 1, 2023, 7:34:22 PM8/1/23
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At SSys, fdm is not their flagship technology. To SSys fdm is comparatively irrelevant. Polyjet is where they differentiate. Same with 3d systems where the tech is slm. FDM is not a big industry money maker these days especially when you look at the Chinese fdm machines… not the hobby machines, industrial machines with build areas comparable to Essentium.

vr...@optonline.net

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Nov 26, 2023, 1:42:38 PM11/26/23
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Again - this email went into Spam. So, yeah Andy - I agree with you - FDM machines with a build area as large as the Essentium machines, that's what FDM needs. However, the really large build area machines like the HSE 180 & 280 machines, I believe they will be discontinued - while the smaller build area machine - the HSE 240 - that one will persist.

-K

 

------ Original Message ------
From: 3d-printing-...@googlegroups.com
To: 3d-printing-...@googlegroups.com
Sent: Tuesday, August 1, 2023 6:34 PM
Subject: Re: Re: YUP -- Essentium Implodes AGAIN!!!
At SSys, fdm is not their flagship technology. To SSys fdm is comparatively irrelevant. Polyjet is where they differentiate. Same with 3d systems where the tech is slm. FDM is not a big industry money maker these days especially when you look at the Chinese fdm machines… not the hobby machines, industrial machines with build areas comparable to Essentium.

 

On Monday, July 31, 2023 at 1:30:00 PM UTC-7 vrfx wrote:
 

To unsubscribe from this group and stop receiving emails from it, send an email to unsub...@googlegroups.com">3d-printing-tips--tricks+unsub...@googlegroups.com.
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vr...@optonline.net

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Nov 26, 2023, 1:47:02 PM11/26/23
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Again - this email was in my Spam folder. And, since the time of this posting and your replies - its now obvious what happened. The shutting down of the Irvine facility was a Pre-Cursor to the Nexa3D acquisition. Those news articles about the acquisition discuss how both co's were working on the plans for the acquisition for months. So, first the shutting down of the Irvine facility and Killing all of Us folks off - then, the merger!

-K

 

------ Original Message ------
From: 3d-printing-...@googlegroups.com
To: 3d-printing-...@googlegroups.com
Sent: Monday, July 31, 2023 12:52 PM
Subject: Re: YUP -- Essentium Implodes AGAIN!!!

So per that article they shut down the facility because the overall manufacturing markets are not doing well.

This matches other articles I'm seeing about Viet Nam and about China. China is feeling the effects of being cut off from chip production equipment by the U.S. along with their extreme debts from Real estate which Im reading may cause deflation there.
Winds of change?

 

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vr...@optonline.net

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Nov 26, 2023, 9:51:36 PM11/26/23
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Again - another email that landed in my SPAM folder! Just seeing it now. Although, I previously DID see the reply, in response to another reply in this thread. So...

Andy - I wanted to address your Hypothesis directly. 

I did state this before, but, I will state again. I totally disagree - I do NOT think the printers are TOO Expensive! The situation is MUCH more complex that than. Let me state my thoughts here - but, with a Caveat - that I MUST BE Careful as to what I say. Even though I no longer work at Essentium - I can NOT Divulge secrets. So, for the most part - I WILL Be stating what is for the most part public knowledge. 

The Essentium printers WERE Essentially a Game Changing Technology. AS previously stated on the co. website - they used Linear Motors for the X & Y Gantries. Yes, those new Peopoly Magneto-X printers use a VERY Similar technology. Although - the Magneto Hard Magnets part of the system are used in a Horizontal style - the Essentium ones were vertical. Again - looking at pics of each printer design - that part is obvious and essentially public knowledge. 

However, Essentium was really First to do it. Is it possible that the Peopoly folks got to see the inside of an Essentium machine - and thus tried to kind of Copy the Tech? Maybe so! Especially since Essentium machines are Built in China - and we know how RAMPANT is the Thievery of IP in China! 

And, I don't say that to be Mean or Angry or Harsh - just being truthful! Even your buddy Joseph Chiu (who you mentioned in a recent podcast) - years ago he told me an indepth story about IP stealing - that actually happened at his parents co. in China!

Anyway - I'm getting Seriously off-track here...

So, these Linear Motors on the Essentium printers allowed those gantries to move potentially DAMN Fast - and, also for the most part - HIGHLY Accurately! And, those gantries were VERY Heavy - so, YEAH - those motors could move things FAST even though they were HEAVY! As such, I believe that was a large part of the differentiator behind the printers. Not only that - but, they had a HUGE Build volume! I could actually print my Dragon head vertically in one shot - for the 9 foot Dragon - cause the build volume height was TALL!

Also, and again - this WAS All listed on the Essentium website - that the build volume was Heated! As such, you CAN Print things like Ultem, PEEK & PEKK. 

In the end, the way I saw it - when I began to work with the printers - is that IN THEORY - they COULD Compete Head-To-Head with SSys and the SSys FDM printers - cause the Essentium printers could print BIGGER - and FASTER - and CHEAPER!!! Believe me - I KNOW - since I also owned a StrataSys Mojo printer. 

 

So - yeah - Andy - this is why I say they were NOT Overpriced. If you compare the HSE 280 to an equivalent SSys FDM printer with 2 print heads - the Essentium could print faster, and bigger and Cheaper. Yes - you can run standard filament and you were NOT Locked in to filament like SSys - and their filament was STUPID EXPENSIVE!

 

But - and there is Always a BUTT...

 

As folks say - Proof is in the Pudding. Problem is - there were TOO MANY Problems with the Essentium printer parts that are produced - if you go FAST! And, yet - THAT was their selling point! That's why they called them HSE (High Speed Extrusion) printers. And, all the news articles in the past 6 mo. to Two years - each one points out the fact of them being "HSE". But, if you can NOT Print fast and STILL get a Good print - Then YOU ARE ESSENTIALLY DEAD like ESSENTIUM!

 

OK - I know - that's a REALLY LONG Email posting. But, I felt it HAD to be said. I still BELIEVE in the Essentium printers - that they have potential - but, ONLY IF Another co. that buys them up can SOLVE the Problems!

 

So - Questions anybody???

 

😀

 

-K

 

 

 

-Kurt

 

------ Original Message ------
From: 3d-printing-...@googlegroups.com
To: 3d-printing-...@googlegroups.com
Sent: Tuesday, July 25, 2023 7:10 PM
Subject: Re: YUP -- Essentium Implodes AGAIN!!!

My guess is Essentium FDM machines were simply too expensive.

 

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3D Printing Tips and Tricks

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Nov 27, 2023, 11:18:39 AM11/27/23
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I’m not sure I follow your reasoning. You say the Essentium products were not too expensive due to their differentiated tech. I don’t see that. Are you assuming that all potential customers of this high end industrial machine have use cases that can only be fulfilled by this tech? I would doubt that. My work experience was at large companies which represent that market and from what I see these customers are still cost driven and they care more about print quality over print speed anyway. I know first hand of one company that moved from high end SSys machines to Prusa mkiiis!
This mkt, which has big  budgets for these machines are more likely to go with jet tech then fdm anyway!

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