Markforged Releases Eiger Fleet to Scale Additive Manufacturing

Watertown, Mass. - September 13, 2021 - Today at RAPID + TCT 2021, Markforged, creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, announced Eiger Fleet, a cloud-based software solution designed to accelerate the adoption of additive manufacturing operations at scale. Eiger Fleet helps to transform additive manufacturing from a small scale operation to a large globally-connected, distributed manufacturing fleet by giving organizations a secure, cloud-connected and centralized source of control over their Markforged 3D printers, users and part production.

As the newest addition to the Markforged Eiger software portfolio, Eiger Fleet is designed to help manufacturers adopt disruptive additive manufacturing technologies into their more traditional workflows. This software helps automate business processes through integrations with a company’s existing enterprise systems to expand access to the Digital Forge across their entire business. For organizations looking to scale their additive manufacturing capabilities, Eiger Fleet offers enterprise level features to manage users, devices and data with greater control and efficiency to print parts on demand at the point of need.

Vestas Wind Systems A/S , a global leader in sustainable energy solutions, utilizes Eiger Fleet to manage the production of parts and tools for their global fleet of wind turbines on Markforged 3D printers.

"Over the past several years, Direct Digital Manufacturing (DDM) has evolved at Vestas to connect our factories around the world to support agile production of parts and tools on demand,” said Jeremy Haight, Principal Engineer, Industrial Automation and Additive Manufacturing at Vestas. “We depend on the Markforged platform with Eiger Fleet and Blacksmith to provide the centralized control, enterprise resource planning (ERP), asset management, and other system integration and print analysis for industrial grade additive manufacturing that our global business needs."

With Eiger Fleet, Vestas has enabled their teams to order a part from their ERP system, creating a digitized Kanban inventory system, and have that part produced by a Markforged 3D printer nearest to them with the click of a button. Vestas is also cutting lead time and costs with Eiger Fleet which drives agility and quality. One example identified by Vestas is a marking tool critical for proper assembly of blades on its wind turbines that previously required a lead time of three weeks and costs thousands of dollars and now requires only three days from design to installation and costs under $100.

Eiger Fleet is designed to enable customers to:

• Control which part, build, devices, print operations and data are accessible to users according to job responsibilities and privileges by leveraging Role-based access control (RBAC)
• Provide frictionless user and administrator experience through SAML Single Sign-On (SSO), where automated account provisioning reduces IT costs and easily and consistently enforces strong access policies with identity protection
• Connect, simplify and automate workflows with Eiger API, connecting their additive manufacturing processes to their existing enterprise software systems
• Seamlessly manage their entire digital inventory of parts, leveraging batch operations and organization-wide presets
• Easily track, analyze and share key performance indicators of time and cost savings from additive manufacturing

“Additive technology is transforming manufacturing around the world. Eiger Fleet fuels the expansion of additive manufacturing by giving our customers the right set of control and management tools that address the concerns of security, quality management, auditing or user error,” said David Benhaim, CTO and co-founder of Markforged. “Our customers are able to grow their operations with the right level of control over quality and process. Eiger Fleet is setting the pace for what’s possible in the future of manufacturing, through cloud-enabled distributed manufacturing.”

Eiger Fleet is available worldwide today as a paid software subscription on all Markforged printers. Attendees at RAPID + TCT 2021 can stop by booth #E7207 to see Eiger Fleet and the Digital Forge in action. For more information, visit www.markforged.com.

About Markforged

Markforged (NYSE: MKFG) is reimagining how humans build everything by leading a technology-driven transformation of manufacturing with solutions for enterprises and societies throughout the world. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to solve supply chain problems right at the point-of-need. Engineers, designers, and manufacturing professionals all over the world rely on Markforged metal and composite printers for tooling, fixtures, functional prototyping, and high-value end-use production. Markforged is headquartered in Watertown, Mass., where it designs its products with over 350 employees worldwide. To learn more, visit www.markforged.com.

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although Markforged believes that it has a reasonable basis for each forward-looking statement contained in this press release, Markforged cautions you that these statements are based on a combination of facts and factors currently known by it and its projections of the future, about which it cannot be certain. Forward-looking statements in this press release include, but are not limited to, statements regarding the impact of the newly-announced Eiger Fleet on the manufacturing industry and Markforged, statements related to product development and innovation, and statements regarding the potential benefits to consumers of Markforged products including, but not limited to, Eiger Fleet. Markforged cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward looking statements are subject to a number of risks and uncertainties, including, among others, general economic, political and business conditions and other factors discussed under the header “Risk Factors” in the Proxy Statement and Prospectus filed pursuant to Rule 424B(3) with the SEC on June 24, 2021, those included under the header “Risk Factors” in Markforged’s periodic report on Form 10-Q for the quarter ended June 30, 2021 and other filings with the SEC. Furthermore, if the forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by us or any other person that Markforged will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this press release represent Markforged’s views as of the date of this press release. Markforged anticipates that subsequent events and developments will cause its views to change. However, while Markforged may elect to update these forward-looking statements at some point in the future, Markforged has no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing Markforged’s views as of any date subsequent to the date of this press release.

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Paulina Bucko
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paulina.bucko@markforged.com