How much funding has Mastrex raised?

Mastrex has raised Undisclosed in total funding. Key investors include Vulcan, Burgmaster.

Who is the CEO of Mastrex?

Ilay Fridland is the CEO of Mastrex. The company was founded in 2025.

Where is Mastrex located?

Mastrex is headquartered in Mount Laurel, New Jersey.

What funding stage is Mastrex at?

Mastrex is currently at the Active stage.

How many employees does Mastrex have?

Mastrex has approximately 11-50 employees.

Mastrex

Name: AM Companies Database
Creator: AMPulse
License: https://creativecommons.org/licenses/by/4.0/

HardwareMount Laurel, New JerseyFounded 2025· One of 1738 Hardware companies tracked by AMPulse

An industrial-grade metal 3D printing ecosystem that provides affordable Laser Powder Bed Fusion (LPBF) technology to the mass market.

CEO / Founder: Ilay Fridland
Team Size: 11-50
Stage: Active
Total Funding: Undisclosed
Latest Round: Seed
Key Investors: Vulcan, Burgmaster

Technology & Products

Key Products

MX Series metal 3D printers (MX-100, MX-120, MX-150, MX-220, MX-300, MX-400) and FX Series industrial fiber lasers (FX-12), utilizing Laser Powder Bed Fusion (LPBF) technology and fiber laser systems.

Technological Advantage

Leverages a strategic merger between Vulcan (advanced manufacturing innovation) and Burgmaster (precision machine tool expertise), combined with leadership experience from Tesla and Desktop Metal to optimize hardware costs without sacrificing reliability.

Differentiation

Value Proposition

Democratizes metal additive manufacturing by delivering professional-grade LPBF performance at a disruptive sub-$40,000 price point, previously reserved for systems costing $100,000+.

How They Differentiate

Mastrex differentiates by offering Laser Powder Bed Fusion (LPBF) technology—typically costing over $100,000—at a sub-$40,000 price point. Unlike competitors like Markforged or Desktop Metal's Studio System which use extrusion-based methods requiring complex debinding and sintering, Mastrex provides direct-to-metal industrial precision at an entry-level cost.

Market & Competition

Target Customers

Small and medium-sized enterprises (SMEs), industrial machine shops, research laboratories, and educational institutions.

Industry Verticals

["Aerospace & Defense","Automotive","Medical & Dental","Tooling & Mold Making","Education & Research"]

Competitors

Markforged, Desktop Metal

Growth & Milestones

Growth Metrics

Transitioned from stealth to public debut in January 2025; currently in early commercialization phase.

Major Milestones

["Company founded in 2025","Public debut and unveiling of the MX100 printer at CES 2026","Successful development of a sub-$40k LPBF system architecture","Expansion into industrial fiber laser systems with FX Series"]

Notable Customers

NeoMetrix, Ugogo3D (distribution partners)

https://www.mastrex.com