The new 20,000 square-foot headquarters will be located at 1122 Alma Road and will be four times the size of its current Plano location. Richardson officials said the new headquarters will enable the company to support demand for mid-volume manufacturing. No grand opening date for the headquarters has been announced
“The entire Desktop Metal family is delighted for Adaptive3D to be moving into the high-tech Richardson Innovation Quarter in partnership with the City of Richardson and The University of Texas at Dallas,” Walter Voit, CEO of Adaptive3D, said in a statement. “This new facility gives our team the [ability] to take advantage of the incredible intellectual ecosystem of Richardson to help pioneer the next generations of manufactured goods and products.”
The Richardson Innovation Quarter, also known as The IQ, is a 1,200-acre industrial area east of Central Expressway for an in-depth, city-led revitalization effort in the Telecom Corridor.
“We are excited to welcome Adaptive3D to Richardson,” Mayor Paul Voelker said in a statement. “This move signals the strength and importance of partnerships with key academic institutions like [University of Texas at Dallas] and the role they play in fostering the collaborative creation of future-ready technologies within The IQ.”
Editor's note: This article has been updated to clarify the reference to the Telecom Corridor.