3D printer maker New Matter will cease operation by the end of February

New Matter, maker of MOD-t 3D printers, will be closed for financial problems by the end of February and will continue to provide limited technical support to MOD-t users in the coming months, but MOD-t 3D printers will be available at Lost Wi-Fi later this year.

3D printing's 'life' can sometimes be short-lived, with New Matter in California rolling out its MOD-t printer four years ago and launching a crowdfunding campaign on Indiegogo. Big success, but New Matter has been having problems for the past year or so.

In October 2017, 3D printing company launched a crowdfunding campaign for the second generation MOD-t on Kickstarter starting at $ 199. But Kickstarter did not succeed.Night Matter announced Wednesday Wednesday that it would stop crowdfunding, In response to feedback from backers, they expect greater technical improvements on new printers.

On February 7, New Matter announced that the entire company will cease operation by the end of this month.Company CEO Steve Schell said: "Our expectations of the industry transition clearly can not meet the needs of the current desktop 3D printing market." So, for MOD- t 3D printer users, the follow-up service how to protect it? The company said it is taking steps to ensure that MOD-t 3D printer can still be repaired and equipped with replacement parts.

Schell said: 'We have taken steps to make the transitions to MOD-t users as smooth as possible, and in particular, we plan to keep the New Matter store up until mid-2018, and we will also have limited technical support during the summer months. '

Unfortunately, MOD-t users will be even worse this summer, and 3D printers will eventually lose their Wi-Fi capabilities, meaning users will have to print via the MOD-t desktop application using a USB connection. It is important that the hot side of the 3D printer, if damaged, will not be repairable and the number of spare parts available is limited.

MOD-t's 90-day warranty will be protected for all purchases made prior to January 4, 2018. 'We are grateful to all those who support us,' Schell added. "Although we were disappointed with the results, The entire New Matter team is proud of what we've achieved over the past four years, and we recognize that we can not do it without user enthusiasm and encouragement. "
Now the rest of the New Matter stock has been discounted.

New Matter Close Summary:

The company closed on February 28, 2018;

New Matter Store open until mid 2018;

Store closed, users need to install MOD-t desktop applications and third-party slicing software;

Store closed, Wi-Fi function will be lost;

Damaged hot ends can not be repaired, a limited number of spare parts are available;

Article Source: 3D Tiger

2016 GoodChinaBrand | ICP: 12011751 | China Exports