New kid on the start up block FormLabs is rumored to announce a low cost 3D printer which uses Blueray lasers to produce hi-resolution parts up to 5 x 5 x 5″. The start up doesn’t have a whole lot of information on their website but are looking to hire talent to build their team.
The 3D printer developed by David Cranor and Maxim Lobovsky has attracted several investors including Mitch Kapor (investor in the transportation app Uber and the virtual world Second Life), Joi Ito – the director of MIT’s Media Lab, and Eric Schmidt, the chairman of Google. This Wednesday, Formlabs plans to unveil its printer, the Form 1, and start taking orders. The Cambridge start-up hopes the $3,000 price point will be a sufficiently eye-catching to attract a first wave of product designers and architects as customers.