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Stratasys Inc (ISRAEL) - SSYS STOCK NEWS

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Stratasys Ltd. (NASDAQ: SSYS), headquartered in Minneapolis, Minnesota, and Rehovot, Israel, is a leading global provider of 3D printing and additive manufacturing solutions. Utilizing patented technologies such as FDM®, PolyJet®, and WDM™, Stratasys produces high-quality prototypes and manufactured goods directly from 3D CAD files or other 3D content.

Stratasys offers an array of 3D printers tailored for idea development, prototyping, and direct digital manufacturing. The company's subsidiaries include MakerBot and Solidscape, and it operates the RedEye digital-manufacturing service. Stratasys is an innovation leader, holding over 550 granted or pending additive manufacturing patents globally and has been awarded more than 25 accolades for its technological advancements and leadership.

Stratasys focuses primarily on polymer-based 3D printing solutions. These solutions cater to various sectors, including industrial, healthcare, and consumer fields. The company believes that polymer 3D printing solutions offer significant growth opportunities in the rapidly expanding 3D printing industry.

The company's comprehensive product line includes 3D printers such as FDM, PolyJet, Stereolithography, P3, and SAF. Additionally, Stratasys provides software solutions like GrabCAD Software, Connectivity, Digital Anatomy Creator, and OpenAM Software, which enhance the functionality and connectivity of their 3D printing systems.

Revenue generation for Stratasys comes from the sale of 3D printing systems, related services, and consumables, as well as providing comprehensive additive manufacturing solutions. With a workforce of over 1,900 employees, Stratasys continues to push the boundaries of what's possible in 3D printing.

Recent developments at Stratasys highlight the company's commitment to innovation and growth in the 3D printing landscape. Their latest news and updates reflect ongoing projects, new partnerships, and advancements in technology that keep them at the forefront of the industry.

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Stratasys introduces a Direct-to-Garment solution for personalized, sustainable fashion, partnering with leading designers on an Urban Tattoo Collection. The solution enables full-color multi-material 3D printing directly on fully assembled garments, promoting customization and reducing material waste.
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Stratasys (SSYS) partners with Select Additive Technologies to bring polymer additive manufacturing solutions to manufacturers, expanding the reach of 3D printing technology in the US.
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Stratasys (SSYS) publishes its second Mindful Manufacturing™ ESG and Sustainability Report, highlighting achievements in environmental, social, and governance programs. The report showcases reductions in water usage, CO2 emissions, and improvements in employee training and engagement. Stratasys aims to lead manufacturing towards a more sustainable future through Additive Manufacturing-enabled production.
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Stratasys (NASDAQ: SSYS) appoints Amir Kleiner as Chief Operating Officer to strengthen the connection between Customer Success and Operations and Supply Chain divisions. Kleiner, a 12-year veteran, will lead Global Operations, MIS, Quality, and Customer Success teams.
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Stratasys announces the launch of an Industrial Customer Advisory Board (CAB) consisting of industry leaders from Aerospace, Automotive, and Industrial Manufacturing sectors, aiming to drive innovation in additive manufacturing for scalable production. The board includes members from companies like Boeing, TE Connectivity, and Toyota, as well as renowned educational institutions. The CAB will focus on quality, reliability, sustainability, and collaboration to advance additive manufacturing applications. The board conducted its first workshop in December 2024 and plans to continue workshops into 2025 and beyond.
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Stratasys Ltd. (NASDAQ: SSYS) will provide 3D-printed materials for an upcoming lunar mission to test their performance on the moon. The experiments are part of Aegis Aerospace, Inc.'s SSTEF-1 project, focusing on technology development for space infrastructure. Stratasys will provide samples for two experiments led by Northrop Grumman, assessing radiation shielding and material performance in space.
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Stratasys Ltd. (SSYS) filed its annual report on Form 20-F for 2023 with the SEC, showcasing audited financial statements. The company offers innovative 3D printing solutions for various industries, aiming to revolutionize product design and manufacturing processes.
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Stratasys Ltd. reports fourth quarter revenue of $156.3 million, a 1.3% increase from 2022, with record-level recurring revenue for consumables. Full year revenue reaches $627.6 million, a 1.3% growth when adjusted for divestitures. The company achieves its tenth consecutive quarter of adjusted profitability. The CEO highlights strong printer utilization and cost control measures contributing to improved margins. Stratasys continues to innovate and invest in additive manufacturing, expecting outsized growth and increased profitability in the future.
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Stratasys Ltd. announces the launch of GrabCAD Streamline Pro™ and a new version of GrabCAD Print Pro™ for PolyJet™, aiming to enhance efficiency and reduce costs for customers through improved workflows. The software has shown a 30-to-50 percent increase in hardware usage for some customers, enabling better organization of parts processing, rapid design iterations, cost reduction, and complexity removal. The packages cater to industries like automotive, aerospace, and healthcare, offering a complete solution across hardware, software, and materials.
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Stratasys Ltd. (SSYS) acquires Arevo's patented IP and assets to enhance FDM applications for manufacturing. The acquisition includes foundational patents in carbon fiber printing, Z-strength improvement, in-situ and AI build monitoring, and hardware design. This move enables Stratasys to offer higher performing parts, more reliable builds, and improved system throughput, expanding its manufacturing applications.
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FAQ

What is the current stock price of Stratasys (ISRAEL) (SSYS)?

The current stock price of Stratasys (ISRAEL) (SSYS) is $9.45 as of December 20, 2024.

What is the market cap of Stratasys (ISRAEL) (SSYS)?

The market cap of Stratasys (ISRAEL) (SSYS) is approximately 693.1M.

What does Stratasys Ltd. specialize in?

Stratasys Ltd. specializes in 3D printing and additive manufacturing solutions, with a focus on polymer-based 3D printing.

Where is Stratasys Ltd. headquartered?

Stratasys Ltd. is headquartered in Minneapolis, Minnesota, USA, and Rehovot, Israel.

What technologies does Stratasys use in its 3D printers?

Stratasys uses technologies like FDM®, PolyJet®, and WDM™ in its 3D printers.

What industries does Stratasys serve?

Stratasys serves various industries, including industrial, healthcare, and consumer sectors.

How does Stratasys generate revenue?

Stratasys generates revenue through the sale of 3D printing systems, related services, consumables, and by providing comprehensive additive manufacturing solutions.

What are some subsidiaries of Stratasys Ltd.?

Stratasys Ltd.'s subsidiaries include MakerBot and Solidscape.

What software solutions does Stratasys offer?

Stratasys offers software solutions like GrabCAD Software, Connectivity, Digital Anatomy Creator, and OpenAM Software.

How many employees does Stratasys have?

Stratasys has over 1,900 employees.

How many patents does Stratasys hold?

Stratasys holds over 550 granted or pending additive manufacturing patents globally.

What recent achievements has Stratasys accomplished?

Stratasys has received more than 25 awards for its technology and leadership, reflecting its commitment to innovation and industry advancement.

Stratasys Inc (ISRAEL)

Nasdaq:SSYS

SSYS Rankings

SSYS Stock Data

693.15M
57.58M
19.35%
51.97%
2.18%
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