At the 2026 International Manufacturing Technology Show (IMTS, Chicago), EOS is showcasing its industrial metal additive manufacturing system, the M4 ONYX, targeting energy, defense, space, aviation, and semiconductor sectors. The system features a build volume of 450×450×400 mm and is equipped with six 400W lasers, reportedly delivering approximately 50% higher productivity and 30% lower part costs compared to its predecessor; the FLX variant uses four 1.5 kW beam-shaping lasers. A key highlight of the M4 ONYX is its closed-loop powder circulation system, which can recover over 90% of powder material, complemented by sieving and quality control processes to reduce material waste. The system supports a variety of metal powder materials including titanium alloys, nickel-based alloys, and stainless steel, focusing on unit cost optimization and capacity scaling in batch production scenarios. Value for powder buyers: ① The proliferation of large-format multi-laser machines will drive up bulk purchasing demand for titanium and nickel-based alloy powders; powder suppliers should note these equipment customers' requirements for powder batch consistency and recyclability; ② A 90%+ powder recovery rate means longer reuse cycles for the same powder batch, so buyers should pay attention to quality validation data for the ratio of recycled to virgin powder; ③ Powder manufacturers are advised to track the material qualification lists of EOS M4 ONYX installation customers and proactively engage in titanium/nickel-based alloy grade validation.