Stratasys Inc (ISRAEL) - SSYS STOCK NEWS

ArcelorMittal, a leading European steel manufacturer, has implemented Stratasys' F370® 3D printer at its Maizières-lès-Metz research center, revolutionizing its tooling and prototyping processes. The technology enables the creation of complex tooling, jigs, fixtures, and functional prototypes with significantly reduced lead times and enhanced design flexibility.

The implementation has resulted in substantial cost savings, with prototype validation costs dropping from €2,000 to under €200 per part. The printer's overnight operation capability allows ArcelorMittal's R&D department to test and validate components efficiently. The company is also planning to integrate a Stratasys Origin DLP printer through their partner Seido Systèmes, expanding their capabilities with high-performance resins for industrial applications.

3E EOS has expanded its additive manufacturing capabilities with a significant investment in Stratasys technology, increasing its fleet to 15 large-scale systems including F3300, Neo800, F900, F770, Origin One models and SAF technologies. The company is establishing a dedicated additive manufacturing center for prototyping, tooling, and production.

The expansion enables production of critical components for aircraft, reducing lead times by 30-45 days and cutting production costs by 40%. With the F3300 flagship printer, 3E EOS expects to lower costs for high-volume projects by 20%. The investment aims to support aerospace, defense, and automotive sectors while promoting sustainability through reduced material waste and energy consumption.

Stratasys (NASDAQ: SSYS) and Joe Gibbs Racing (JGR) have announced a five-year extension of their 20+ year partnership, reinforcing Stratasys' position in 3D printing solutions for motorsports. The extension coincides with Stratasys becoming the Official 3D Printing Partner of NASCAR.

JGR utilizes Stratasys' advanced manufacturing technologies, including the Fortus 450mc™ and F370®CR printers with materials like Nylon-CF10, to enhance performance through faster prototyping and rapid production of custom parts. This technology has been important for JGR's competitive edge in NASCAR competition.

Stratasys (NASDAQ: SSYS) has announced an expanded long-term technical partnership as the exclusive 3D printing partner of NASCAR. The partnership includes establishing a new state-of-the-art 3D printing lab at the NASCAR Research & Development Center in Concord, North Carolina, featuring multiple Stratasys technologies including F370, 450mc, F900, and NEO800 printers.

NASCAR will exclusively use Stratasys technology for design and production of parts and tools across its three national series. Every NASCAR Cup Series car currently uses 3D printed parts, including cold air inlet vents and NACA ducts. The partnership enables NASCAR to accelerate design cycles and implement on-demand production of custom components, enhancing performance and safety in motorsports.

iSQUARED, a Stratasys (NASDAQ: SSYS) subsidiary, announced the expansion of its validated materials portfolio for Stratasys 3D printers and launched a marketplace for pre-owned machines. The initiative introduces iSQUARED™ Validated Materials, focusing on specialized, low-quantity materials for niche applications across aerospace, automotive, and healthcare industries. The program aligns with Stratasys' OpenAM™ approach, allowing users to optimize print parameters and use compatible resins. Additionally, iSQUARED is creating a marketplace for pre-owned Stratasys systems, promoting sustainability through the Stratasys Mindful Manufacturing™ approach.

CollPlant Biotechnologies (NASDAQ: CLGN) reported Q3 2024 financial results, highlighting promising developments in its regenerative breast implant program. The company achieved significant implant vascularization and rapid native tissue ingrowth in pre-clinical trials with 200cc commercial-sized implants. Q3 revenues were $4,000 compared to $43,000 in Q3 2023. Net loss was $4.3 million ($0.38 per share). Cash position stood at $15.4 million as of September 30, 2024, providing runway until end of 2025. The company is prioritizing non-dilutive funding through new collaborations while maintaining its ongoing partnership with AbbVie for dermal filler development.

Gulf Wind Technology has implemented Stratasys (NASDAQ: SSYS) additive manufacturing solutions to enhance wind turbine testing and development. Using Stratasys Neo® stereolithography (SLA) technology, the company has reduced design and fabrication cycles from 30-40 days to just 3-4 days. The technology enables creation of specialized features like pressure taps for real-time airflow data, previously difficult with conventional manufacturing.

The company utilizes Somos® PerFORM Reflect™ material, offering high strength, stiffness, and temperature resistance for wind tunnel testing. This implementation has improved efficiency and enabled Gulf Wind Technology to accept previously unmanageable business opportunities.

Stratasys announces collaboration with Baralan, a leading cosmetic packaging provider, to revolutionize cosmetic packaging using PolyJet 3D printing technology. Baralan is implementing this technology to produce end-use parts on glass and plastic containers, enabling customized, fully decorated packaging for high-end brands. The technology allows for intricate, multi-color, multi-effect designs directly on containers, supporting both personalization and low-volume production runs while promoting sustainability and waste reduction. The solution offers cost-effective customization without requiring significant equipment investments.

Stratasys (NASDAQ: SSYS) has announced significant updates to its GrabCAD Print and GrabCAD Print Pro software platforms. The enhanced software now includes emissions estimations for sustainability tracking and extends support to the Neo stereolithography (SLA) platform, covering all five of Stratasys' core technologies.

Key improvements include CO₂e emissions estimates at both job and part levels, considering factors like print time, power consumption, and location-specific emissions data. The software now provides streamlined workflows, advanced file management, and intuitive support generation across all Stratasys 3D printing technologies. Additional enhancements include expanded material support, a new Split feature for detailed model preparation, and improved anchor placement options for Origin DLP printers.