3d printing is a massive market opportunity valued at eight billion
dollars with tremendous potential for new job creation, but when you go to buy
a printer this is the landscape. On one end you've got affordable systems, but
they're the size of a desktop making iPhone cases and bobbleheads things you
can only hold in your hand, and on the other end of the spectrum there's large
industrial systems but they're cost prohibitive starting at six figures and
up. So you ask yourself, why can't you and I create larger more functional
objects, like furniture or a lower limb prosthetic tools objects at the human
scale that truly address human need but are affordable. Hi, I'm Samantha and I'm
an Air Force reservists on the weekends and during the week I'm the co-founder
and catalyst for our re:3D where we're addressing the two biggest barriers
constraining 3d printing, and that's cost and scale. So behind me is the Giga bot,
our flagship technology which is appropriately named because it's 30
times bigger than a desktop printer yet it starts at less than a fraction of the
cost of an industrial complement at just under $9,000. Now we prototyped
gigabyte using $40,000. We got equity free from start-up Chile and then
launched it on Kickstarter where the response was huge
because they raised over $300,000. Two years later, post crowdfunding we're
pleased to announce that we've been selling gigawatt and services to over 53
countries around the world. Our customers are pioneers and they're problem solvers
opening up new markets in health science, in aviation, in art and design, in
education, rapid prototyping, and manufacturing where they're using the
printer to make functional objects to reduce inventories and to create
functional products on demand. We believe with our customer success we have
validated the market for affordable large-scale and industrial 3d printing,
but we're not stopping there. You see a re:3D we do everything that we do with
a relentless focus on social responsibility. We have a 1 for 100 model
whereby we give away one printer for every 100.
Does someone trying to make a difference in their community and now we're here
today in London to share something for the first time. You see our team in
Houston's been working hard for the last five years to modify the Giga BOTS we're
already selling around the world to 3d print from plastic waste.
That's right, trash. Where eighty percent of it lies unreclaimed in landfills
like this worldwide not to mention the miles of it floating around in the ocean
and the metric tons of post manufacturing waste the big brands have
to dispose of every day. We're giving that trash a home. Our team recently
modified Gigabot to be able to reset accept recyclables. We're doing this
because we're confident it will unlock new and high-growth markets worldwide
not to mention there's an outstanding potential to further
create jobs throughout the 3d printing ecosystem. Why can we do this? We're a
team of NASA scientists, engineers, machinist, assembly technicians, almost
our entire team hails from NASA where we're complemented by two outstanding
advisors you might recognize from Unreasonable, Tom Chi and Pascal Finette.
We also have the facility to do it in-house. Which leads us to London and
why did we choose to make the announcement here? Well you see as a
proudly bootstrap company that's gone from zero to 20 employees in just a
couple years we depend on opportunities like this to share our story with you
and to connect with communities like yours where we can partner together to
truly decimate the cost barrier to 3d printing and enable local and
sustainable manufacturing. Thank you
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