Xometry Inc XMTR has expanded its AI-powered Xometry Instant Quoting Engine to include instant-quoting of inserts, multi-part assemblies, and expanded sheet-cutting processes.
The enhanced features allow buyers to instantly get pricing and lead times on CNC, sheet metal and sheet-cut parts with standard inserts.
It also helps analyze multi-party assemblies, further accelerating Xometry's assembly production work.
The expanded feature set delivers expanded sheet-cutting options to include a wider array of metal, composite and rubber materials.
The proprietary AI technology learns from every interaction, enabling Xometry to continuously evaluate, build and roll out new products delivering instant pricing and lead times for an ever-expansive universe of parts.
It also shortens development cycles, drives efficiencies within corporate environments and helps stabilize supply chains to make them more resilient.
Xometry is an AI-driven marketplace connecting enterprise buyers with suppliers of manufacturing services.
Price Action: XMTR shares are trading higher by 4.94% at $19.98 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
