Is There a Bubble in the 3D Printing Industry?

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Feb. 10 (Bloomberg) –- Voxeljet CFO Rudolf Franz and Bloomberg’s Cory Johnson discuss the future of 3D printing and how it’s changing auto manufacturing with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

The company and some of its customers.

What are some of the things that you make for the largest automobile firms in the world?

We are a 3-d printing company.

We are known for large envelope renters which are able to print very fast -- renters which are able to print very fast and precise -- printers which are able to print very fast and precise.

We prayed at 1600 dpi.

-- print at 1600 dpi.

We are in the very early stage of the revolution process.

Cory johnson coming -- johnson, comment on the investment process.

Does that put more money into the pockets of companies that might not be ready?

We see this enormous success of the companies in the stock market.

A tremendous rise in the company.

Some of them have been around for more than two decades.

These are companies whose great promise is not in the industrial sector but perhaps someday in the consumer sector.

What we saw last week, printers in the consumer sector were not selling that well.

Let me ask, what kind of companies do you expect to use your printers given they are so expensive?

The main companies are initially automotive companies, engineering design companies, architectural.

You should know that the printing equipment is one topic and be -- in the game.

The main drive of the future will be material development.

We have a process that every material can be spread on the platform is capable to be used in a printing process.

It could be ceramic, it could be part metals.

It could be wood powder, it could be cellulose.

There are various materials and we are in an early stage.

Today, bmw is using that equipment.

If you asked them how many milling and drilling machines do operate in your branches, they probably give you an answer of i don't know because it is too many.

If you asked them how many large form printers, they probably can count them.

We are in a very early stage of the adoption in industrial application.

I think we will see quite a big growth.

Can i ask you, you said they can count them.

Can you count them.

Can you cap emily printers you sold last quarter -- can you count how many printers you sold last colder 0-- -- quarter?

We do not disclose.

We will give our numbers for the full years.

We were founded back in 1999 and we sold 50 printers by the end of q3 in total.

In the last quarter, we sold three printers.

Three?

If you compare -- take the biggest maker printers, it presents 1200 maker bot printers.

These are large, industrial machines.

They go on factory floors or do they stay in studios?

There is no barrier but usually it is an industrial application.

They stay in factories.

Is this an outgrowth of the kind of technology that led to the 787 dreamliner where you can shake something based on a drawing or software.

Is it similar?

It is more a game against convention and tooling.

The process is a trillion dollar market and we have said this several times.

We really have the chance of producing high complex parts with low volumes.

Low volume does not mean two.

We can print and 60 hours 8000 liters.

Accumulated on a yearly basis, it is more than 100,000 -- 100,000 liters.

That is real production and a can have any shape, any complexity.

We do not care.

Sorry to interrupt.

I was surprised when i look at your financial to see that when you sold three printers and the last quarter you announced, every one of the three, you had to loan the customer's money to do so.

I don't understand what have to borrow for you -- why they have to borrow from you.

I think you should read the six k report.

In that report, we disclose that one was financing, not three.

There are no recordable he -- no quarterly numbers avail so i was trying to -- q3 numbers are available and -- i need prior to that.

-- i mean prior to that.

I wondered about that.

There's is a question that the sec had where you said there would be few situations where you would be willing to extend a loan to customers.

I wonder, is that part of the business model where you loan money to customers or do you think that is the one not do in the future?

I said this in a cnbc interview.

We did not and -- invent financing.

On special occasions we do it.

We do not have a program for financing.

If there is a good opportunity to support a customer, we offer it.

Can you talk a little bit about the machine tool industry and its relationship to what 3-d printing could become if it is more widely adopted?

Is the machine tool industry the heart of any manufacturing process?

The machine tool -- if you create a product, if you ramp up a production process and want to have for your sheet metal production, a stamping tool or what ever, if you want to go through a regular process you have to program, you have to make a tool.

It takes very long.

It cost you a lot.

With a large format 3-d printer, you take a file, you printed, and you have it on site.

I think you really have to look into the process.

Some of the comments are quite interesting.

I think the people have to follow our website and have to follow the news.

They learn what is behind that technology.

It is an industrial approach which we drive with our large format printer.

The main driver is material development in the future.

And that really will be a game changer.

Thank you very john -- very much for joining us.

My thanks also to cory johnson.

This text has been automatically generated. It may not be 100% accurate.

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