Stratasys Ltd - SSYS STOCK NEWS

Stratasys (NASDAQ: SSYS) announced that its Stratasys Direct manufacturing facility in Tuscon, Arizona has achieved ISO 13485 certification, a globally recognized standard for quality management systems in medical device manufacturing. The company plans to extend this certification to its facilities in Texas and Minnesota.

The certification formally recognizes Stratasys Direct's safety, precision, and reliability in producing 3D-printed components, addressing critical regulatory requirements and enabling medical device manufacturers to scale production while accelerating innovation. The company specializes in creating complex geometries and patient-specific components that traditional manufacturing methods cannot achieve.

This certification positions 3D printing as an essential tool for the medical device industry, offering benefits such as reduced development times, highly customized components, and faster innovation compared to traditional manufacturing methods.

Stratasys (NASDAQ: SSYS) has released preliminary Q4 2024 financial results, reporting revenue between $150.1-150.5 million. The company saw sequential hardware growth but lower consumables compared to Q3 2024. Key metrics include:

- GAAP gross margin: 46.0-46.5%
- Non-GAAP gross margin: 49.4-49.7%
- GAAP operating loss: $13.3-14.4 million
- Non-GAAP operating income: $9.0-9.5 million
- GAAP net loss: $15.3-16.5 million
- Non-GAAP net income: $8.1-8.6 million
- Adjusted EBITDA: $14.2-14.6 million

Looking ahead, Stratasys expects 8% EBITDA margins for full-year 2025 at current revenue levels, with potential to reach 10% with moderate revenue growth. The company anticipates meaningful positive operating cash flow in 2025.

Stratasys (NASDAQ: SSYS) has announced a significant $120 million equity investment from Fortissimo Capital, a leading Israeli private equity fund. The investment involves the purchase of 11,650,485 newly issued ordinary shares at $10.30 per share, representing a 10.6% premium over the January 31, 2025 closing price.

Following the transaction, Fortissimo will increase its stake from 1.5% to approximately 15.5% of Stratasys' outstanding shares. The deal includes an 18-month lock-up period and standstill provisions. Fortissimo's Founding Partner, Yuval Cohen, will join Stratasys' Board of Directors upon closing, expected in Q2 2025.

The investment aims to strengthen Stratasys' balance sheet, support growth strategy execution, and capture opportunities in the additive manufacturing industry. Fortissimo can acquire up to 24.99% of shares but is to 20% voting power, with provisions for conducting a tender offer subject to shareholder approval.

Stratasys (NASDAQ: SSYS) has announced the European launch of its TrueDent-D™ resin as a CE Mark Class I medical device, following its successful U.S. debut in 2023. Over 30 customers have committed to implementing the solution in Q1 2025.

The European denture market is projected to grow from USD 2.19 billion in 2023 to USD 2.45 billion by 2028. TrueDent offers a digital workflow that enables dental labs to produce customized dentures at less than half the cost of traditional methods. The J5 DentaJet™ printer can produce over 30 full monolithic, multi-shade dentures per print job.

The solution eliminates 27+ manual touchpoints per print and provides unique capabilities for producing identical duplicate dentures. The digital denture market share in the U.S. has increased from 5% in 2022 to 11% in 2024, indicating growing adoption of digital workflows in dental laboratories.

Stratasys (NASDAQ: SSYS) has released its third Mindful Manufacturing™ ESG and Sustainability Report, highlighting significant achievements in environmental, social, and governance initiatives. The report, prepared according to GRI and SASB standards, showcases notable environmental accomplishments including:

- 778,365 kWh renewable energy consumption, avoiding 554 tons CO2-e emissions
- 11.7% reduction in water intensity
- 15.5% reduction in GHG emissions intensity
- Launch of Certified Pre-Owned printer program

The company appointed S. Scott Crump as ESG & Climate Champion and introduced innovative solutions like the SAF ReLife™ system, which recycles PA12 powder and can reduce carbon footprint by up to 89%. GrabCAD Print now includes emissions estimation capabilities for FDM technology. The company maintains strong social metrics with a 73% employee engagement score and provided 33,713 training hours to employees.

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.