(XMTR) Xometry - Ratings and Ratios

Xometry, Inc. (NASDAQ:XMTR) is a leading AI-driven online manufacturing marketplace that connects buyers with a network of suppliers to source custom-manufactured parts and assemblies. The platform leverages AI to provide instant pricing and lead times, streamlining the procurement process for its users. Xometry operates through several key platforms, including its flagship marketplace, which utilizes AI to match buyers with suppliers; the Xometry Instant Quoting Engine, which generates real-time pricing based on factors like volume, process, material, and location; and Thomasnet, a comprehensive industrial sourcing platform that includes a directory of suppliers, products, and services, along with digital marketing tools and insights for manufacturers.

The company also offers a suite of cloud-based systems designed to enhance manufacturing workflows. These include Workcenter, a financial service tool that facilitates secure payments and integrates with a cloud-based manufacturing execution system, and Teamspace, a collaborative workspace that enables engineers, project managers, and procurement teams to access quotes, track orders, and monitor part statuses in real time. Xometry’s manufacturing capabilities span a wide range of services, including CNC machining, sheet metal forming, 3D printing, die casting, injection molding, urethane casting, and tube cutting and bending, as well as finishing and rapid prototyping services.

Xometry serves a diverse array of industries, including aerospace, industrial equipment, medical devices, automotive, consumer goods, defense, government, energy, education, and robotics. The company, originally founded as NextLine Manufacturing Corp. in 2013, rebranded as Xometry, Inc. in 2015 and is headquartered in North Bethesda, Maryland. Its platform has become a critical resource for companies seeking efficient, scalable, and cost-effective manufacturing solutions.