Company CEO Meg Whitman told attendees at a shareholders meeting that the firm has been researching methods of improving the speed and quality of 3D printing, promising a "big technology announcement" this summer.
She said: "We believe we have solved both these problems and we'll be making a big technology announcement in June around how we are going to approach this."
Whitman went on to say that HP is also aiming to make 3D printers more accessible by offering them at a more affordable price point.
Current 3D printers are generally aimed at businesses due to their high price tag, and although HP's new venture is primarily geared towards the enterprise market, Whitman hinted that it could eventually have a consumer application.
"[We will] focus on business side before we get to the consumer side. We think the bigger market will be in enterprise space," she added.
There are signs that 3D printing is crossing over into the mainstream, with Adobe introducing support for 3D printers to its Photoshop CC software earlier this year.
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