Expanded Materials and Technology Updates Bring New Opportunities for Stratasys Customers to Boost Their Additive Manufacturing Capabilities
Stratasys (NASDAQ: SSYS) has announced significant updates to its product lineup, including new materials and technologies aimed at enhancing additive manufacturing capabilities. Key updates include the OpenAM software for the F900 3D printer, a new high-performance material VICTREX AM 200 for the Fortus 450mc and F900 printers, and a Carbon Fiber Visual Print Option for the F-123 Series. Additionally, the F770 printer now supports multiple ASA colors, and Somos NeXt is validated for Stratasys NEO stereolithography printers. Furthermore, GrabCAD software integration enables enhanced on-demand 3D printing capabilities through Stratasys Direct.
- Introduction of OpenAM software for F900 enables expanded functionality and new material options.
- VICTREX AM 200 material offers high-performance properties for aerospace and medical industries.
- Carbon Fiber Visual Print Option provides a smoother surface finish for visually appealing parts.
- F770 printer now supports six additional ASA colors, increasing application versatility.
- Somos NeXt validated for NEO printers enhances material options with superior strength and accuracy.
- GrabCAD integration with Stratasys Direct improves on-demand 3D printing capabilities, offering access to over 50 engineered materials.
- No financial data or projections were provided, making it difficult to assess immediate financial impact.
- The press release lacks detailed information on the expected adoption rate or market demand for the new materials and technologies.
- No mention of pricing for the new materials and software, which could impact customer adoption.
Insights
Stratasys's release of new materials and software updates significantly enhances the capabilities of their 3D printing solutions. The OpenAM software for the F900 printer enables users to tweak machine controls beyond standard settings, offering more flexibility in creating complex designs. Additionally, the introduction of VICTREX AM 200 material is noteworthy, particularly for industries such as aerospace and medical, where durability and specific material properties like temperature and chemical resistance are critical. These improvements can potentially increase the adoption rate of Stratasys's products in these high-demand sectors. The carbon fiber visual print option for the F-Series also highlights a blend of functionality and aesthetics, which might attract industries where the appearance of the printed parts is essential while maintaining structural integrity. For investors, these updates suggest a strategic move by Stratasys to stay competitive and relevant in the evolving additive manufacturing market.
Stratasys's strategy to enhance their product offerings by launching new materials and software upgrades appears to align well with current market trends. The move emphasizes customer-centric innovation, a critical factor in maintaining and expanding market share. The integrated GrabCAD software enhances on-demand 3D printing capabilities, catering to a growing need for quick, reliable and complex print solutions. This integration could be particularly attractive to industries requiring rapid prototyping and customized solutions, thereby increasing Stratasys's appeal. Furthermore, the new colors for the F770 printer and the validation of Somos NeXt material for SLA cater to different industry needs, potentially expanding the customer base. Investors should note that these advancements might drive revenue growth and enhance the company's position in the additive manufacturing landscape.
OpenAM and new materials for FDM, along with software upgrades are part of new solutions customers have available
Stratasys makes several updates to products and materials, supporting customer growth. (Photo: Business Wire)
These new products and updates address customer feedback and are designed to unlock more opportunities and functionality for additive manufacturing capabilities. It is anticipated these enhancements will accelerate the speed of bringing products to market.
OpenAM comes to the F900
Stratasys OpenAM™ is a software application that enables the user to modify machine controls to achieve results beyond standard print settings. Already available for the Fortus 450®mc printer, Stratasys is now making its OpenAM software available for the F900 printer. This will allow for expanded functionality and capabilities and will unlock new materials for F900 users.
New VICTREX AM 200 material for FDM
A new material offering that opens the application potential for demanding industries like aerospace and medical, where material properties are critical components of a 3D-printed solutions. This new high-performance, high-strength, validated material, VICTREX AM™ 200, will be available for the Fortus 450mc and the F900. VICTREX AM 200 is a PEEK-based polymer that is temperature, corrosion, and chemical resistant, with excellent mechanical properties which can be utilized with soluble and breakaway support material.
Carbon Fiber Visual Print Option for the F-Series
Carbon Fiber Visual Print Option is a new 5-slice (0.005”) layer height across the F-123 Series™ line of printers that is coming later this month for FDM®ABS-CF10. It produces a smoother surface finish, to provide the perfect finish when a part’s visual appearance is important to the application. It is built for applications that demand the durability of a carbon-filled polymer, but also requires a visually appealing result without additional post-processing.
F770 Adds New Colors
The F770® printer can now print in multiple colors, in addition to its original single ivory color. Six new ASA colors, including red, white, light gray, black, blue, and yellow, will allow for more application versatility with FDM® ASA and ABS-M30 tried-and-true engineering plastics. The new colors enable printing without painting or other post-production marking, allowing parts to be available much faster, increasing productivity.
Somos NeXt Validated for SLA
Somos® NeXt™ is now a validated material for Stratasys NEO® stereolithography 3D printers. Somos NeXt is a resin with superior strength and can be used in automotive and consumer products, along with other applications, including prototyping, to produce durable, accurate and detailed parts.
New GrabCAD Software Print Integration Enhances On-Demand 3D Printing Capabilities
Stratasys has introduced Parts on Demand by GrabCAD, a new integration that synchronizes the company's software platform with Stratasys Direct. This addition allows GrabCAD Print™ customers to access Stratasys Direct’s fleet of 3D printers, allowing for larger and more intricate designs, a selection of more than 50 engineered materials, and the assurance of stringent quality inspections.
“In making these upgrades and enhancements, we are taking and applying feedback from our customers to help them better meet their additive manufacturing needs,” said Rich Garrity, Chief Industrial Business Officer, Stratasys. “Additive manufacturing is on the cusp of a new era, where it works side-by-side with traditional means of manufacturing. Bringing new products and updates, increases our ability to become part of the manufacturing ecosystem.”
About Stratasys
Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.
To learn more about Stratasys, visit www.stratasys.com, the Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including Stratasys’ websites, to share material, non-public information pursuant to the SEC’s Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings.
Stratasys, Stratasys Direct, F900, OpenAM, Fortus, 450mc, VICTREX, VICTREX AM, F123 Series, FDM, F770, ABS-M30, SOMOS, NeXt, NEO, GrabCAD and GrabCAD Print are trademarks or registered trademarks of Stratasys Ltd. and/or its affiliates. All other trademarks are the property of their respective owners.
To learn more about Select Additive Technologies, visit www.selectadditive.com, LinkedIn, or Instagram.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240606767633/en/
Media and Investor contacts:
Stratasys Corporate &
Chris Reese
chris.reese@stratasys.com
+1 651 357 0877
Erica Massini
Erica.Massini@stratasys.com
+55 (11) 2626-9229
Stratasys Corporate &
Erik Snider
Erik.Snider@stratasys.com
+972 74 745 6053
Kalyani Dwivedi
Kalyani.Dwivedi@stratasys.com
+91 80 6746 2606
Investor Relations
Yonah Lloyd
Yonah.Lloyd@stratasys.com
+972 74 745 4919
Source: Stratasys
FAQ
What new software has Stratasys introduced for the F900 3D printer?
What is the new material available for Fortus 450mc and F900 printers?
What enhancements have been made to the F-123 Series printers?
What new features are available for the F770 printer?
Which material has been validated for Stratasys NEO stereolithography printers?
How does the GrabCAD software integration benefit Stratasys users?
