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Stratasys Becomes Official 3D Printing Partner of NASCAR

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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.

Stratasys (NASDAQ: SSYS) ha annunciato un'espansione della sua partnership tecnica a lungo termine come partner esclusivo per la stampa 3D di NASCAR. La collaborazione prevede la creazione di un nuovo laboratorio di stampa 3D all'avanguardia presso il NASCAR Research & Development Center a Concord, Carolina del Nord, dotato di varie tecnologie Stratasys tra cui le stampanti F370, 450mc, F900 e NEO800.

NASCAR utilizzerà esclusivamente la tecnologia Stratasys per la progettazione e la produzione di parti e strumenti attraverso le sue tre serie nazionali. Ogni auto della NASCAR Cup Series attualmente utilizza parti stampate in 3D, inclusi i condotti di ingresso dell'aria fredda e i condotti NACA. La partnership permette a NASCAR di accelerare i cicli di progettazione e implementare la produzione su richiesta di componenti personalizzati, migliorando così le prestazioni e la sicurezza nel motorsport.

Stratasys (NASDAQ: SSYS) ha anunciado una asociación técnica a largo plazo ampliada como el socio exclusivo de impresión 3D de NASCAR. La asociación incluye el establecimiento de un nuevo laboratorio de impresión 3D de última generación en el Centro de Investigación y Desarrollo de NASCAR en Concord, Carolina del Norte, que contará con múltiples tecnologías de Stratasys, incluyendo impresoras F370, 450mc, F900 y NEO800.

NASCAR utilizará exclusivamente la tecnología de Stratasys para el diseño y la producción de piezas y herramientas en sus tres series nacionales. Cada auto de la serie NASCAR Cup actualmente utiliza piezas impresas en 3D, incluidos los conductos de admisión de aire frío y los conductos NACA. La asociación permite a NASCAR acelerar los ciclos de diseño e implementar la producción bajo demanda de componentes personalizados, mejorando el rendimiento y la seguridad en el automovilismo.

Stratasys (NASDAQ: SSYS)NASCAR의 독점 3D 프린팅 파트너로서 장기 기술 파트너십을 확대한다고 발표했습니다. 이 파트너십에는 노스캐롤라이나주 컨코드에 있는 NASCAR 연구 및 개발 센터에 최첨단 3D 프린팅 실험실을 설립하는 것이 포함되며, F370, 450mc, F900 및 NEO800 프린터를 포함한 여러 Stratasys 기술이 특징입니다.

NASCAR는 세 개의 국가 시리즈 전반에 걸쳐 부품 및 도구의 설계 및 생산을 위해 Stratasys 기술을 독점적으로 사용할 것입니다. 현재 NASCAR 컵 시리즈의 각 차량은 3D 프린트된 부품, 냉기 흡입구 및 NACA 덕트를 포함하여 사용합니다. 이 파트너십은 NASCAR가 설계 주기를 가속화하고 맞춤형 구성 요소의 주문형 생산을 구현하여 모터스포츠의 성능과 안전성을 향상시킬 수 있게 합니다.

Stratasys (NASDAQ: SSYS) a annoncé un partenariat technique à long terme élargi en tant que partenaire exclusif d'impression 3D de NASCAR. Ce partenariat comprend l'établissement d'un nouveau laboratoire d'impression 3D de pointe au NASCAR Research & Development Center à Concord, en Caroline du Nord, avec plusieurs technologies Stratasys, y compris les imprimantes F370, 450mc, F900 et NEO800.

NASCAR utilisera exclusivement la technologie de Stratasys pour la conception et la production de pièces et d'outils à travers ses trois séries nationales. Chaque voiture de la NASCAR Cup Series utilise actuellement des pièces imprimées en 3D, y compris des conduits d'entrée d'air froid et des conduits NACA. Ce partenariat permet à NASCAR d'accélérer les cycles de conception et de mettre en œuvre la production à la demande de composants sur mesure, améliorant ainsi la performance et la sécurité dans le sport automobile.

Stratasys (NASDAQ: SSYS) hat eine erweiterte langfristige technische Partnerschaft als exklusiver 3D-Druckpartner von NASCAR angekündigt. Die Partnerschaft umfasst den Aufbau eines neuen hochmodernen 3D-Drucklabors im NASCAR Forschungs- und Entwicklungszentrum in Concord, North Carolina, das mehrere Stratasys-Technologien umfasst, darunter die Drucker F370, 450mc, F900 und NEO800.

NASCAR wird exklusiv die Technologie von Stratasys für das Design und die Produktion von Teilen und Werkzeugen in seinen drei nationalen Serien nutzen. Jedes Auto der NASCAR Cup Series verwendet derzeit 3D-gedruckte Teile, einschließlich Kaltluftansaugöffnungen und NACA-Düsen. Die Partnerschaft ermöglicht es NASCAR, Designzyklen zu beschleunigen und die bedarfsgerechte Produktion benutzerdefinierter Komponenten umzusetzen, wodurch die Leistung und Sicherheit im Motorsport verbessert wird.

Positive
  • Secured exclusive partnership with NASCAR for 3D printing solutions
  • Expansion of existing capabilities with new dedicated facility
  • 100% penetration in NASCAR Cup Series cars with 3D printed parts
  • Diversification of technology application with multiple printer types
Negative
  • None.

Insights

This exclusive partnership marks a significant strategic expansion for Stratasys in the motorsports industry. The establishment of a dedicated 3D printing lab at NASCAR's R&D Center, equipped with multiple high-end printers (F370, 450mc, F900 and NEO800), represents a substantial infrastructure investment. The deal's value lies in three key areas:

1. Technology Implementation: Every NASCAR Cup Series vehicle now incorporates 3D printed parts, including critical components like cold air inlet vents and NACA ducts, demonstrating real-world validation of Stratasys' technology.

2. Market Position: The exclusive nature of the partnership eliminates competitors from NASCAR's ecosystem, strengthening Stratasys' position in the high-performance automotive sector.

3. Innovation Pipeline: The partnership provides a premium testing ground for developing new applications and materials, potentially leading to commercial automotive applications.

This deal significantly enhances Stratasys' market positioning in several ways:

1. Revenue Potential: While specific financial terms aren't disclosed, the multi-year exclusive agreement with NASCAR, a premier racing organization, should generate steady recurring revenue through equipment sales, materials and services.

2. Brand Value: Association with NASCAR's high-performance environment validates Stratasys' technology capabilities and enhances brand prestige in the automotive sector.

3. Market Expansion: The partnership could accelerate adoption of Stratasys' solutions in broader automotive manufacturing, particularly given NASCAR's influence in the industry.

Multi-Year Agreement Makes Stratasys the Exclusive Provider of 3D Printing Solutions for NASCAR to Create Parts, Tools, and Accelerate Design

EDEN PRAIRIE, Minn. & REHOVOT, Israel & DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Stratasys Ltd. (NASDAQ: SSYS) today announced an expanded long-term technical partnership with NASCAR, making Stratasys the official 3D printing partner of NASCAR. NASCAR will now exclusively use Stratasys 3D printing technology for the design and production of parts and tools across NASCAR, replacing previous technologies used alongside Stratasys solutions.

Stratasys has become the official and exclusive 3D printing partner for NASCAR. Here an engineer attaches a 3D printed duct used to keep drivers cool during races. (Photo: Business Wire)

Stratasys has become the official and exclusive 3D printing partner for NASCAR. Here an engineer attaches a 3D printed duct used to keep drivers cool during races. (Photo: Business Wire)

The official partnership cements Stratasys' role as a critical technology provider for NASCAR, with a new state-of-the-art 3D printing lab set to open at the NASCAR Research & Development Center in Concord, North Carolina. The facility features multiple Stratasys technologies, including F370, 450mc, F900 (FDM printers) and a NEO800 (SL printer) to support research and development, parts production, and tooling for NASCAR’s three national series. NASCAR engineers will benefit from the agility of 3D printing, which allows for faster design cycles and on-demand production of custom components, keeping them at the cutting edge of performance and safety.

“Partnering with Stratasys allows NASCAR to push the boundaries of performance and accuracy like never before,” said John Probst, Executive Vice President, Chief Racing Development Officer at NASCAR. “Their 3D printing technology empowers us to quickly iterate and optimize components, ensuring that our staff have the best possible machines to stay ahead in this high-stakes environment. Stratasys has proven to be a valuable partner, and this agreement represents our commitment to staying at the forefront of motorsports innovation.”

As part of the expanded partnership, Stratasys will increase the existing FDM® (Fused Deposition Modeling) capabilities within the NASCAR R&D center, allowing for larger-scale part production. In addition to FDM technology, NASCAR will now integrate Stratasys NEO® stereolithography (SL). These technologies will support a variety of applications, from aerodynamic testing, prototyping and production parts with high-precision tooling, further enhancing the design and manufacturing flexibility that 3D printing brings to the sport.

Engineers at NASCAR worked with Stratasys on solutions for NASCAR Cup Series cars, with every vehicle on the track currently using 3D printed parts. For example, working with Stratasys Direct Manufacturing for on-demand production parts using the H350 SAF printer with plant-based Nylon11 material to produce a cold air inlet vent at the top center of the windshield to force air into the car to cool the driver. FDM printers used in the NASCAR R&D Center using ULTEM® 9085 black material to produce a NACA duct located on the lower engine panel, to vent hot air out from the engine bay.

“Our partnership with NASCAR allows Stratasys to showcase the unique advantages of 3D printing in motorsports,” said Rich Garrity, Chief Business Unit Officer at Stratasys. “From on-demand manufacturing of custom components to speeding up the design cycle, we’re helping NASCAR with faster production times and enhanced part performance. Furthermore, our work in high-performance environments like NASCAR spurs innovation in the production of commercial vehicles, demonstrating the broader impact of additive manufacturing across the automotive industry.”

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, X/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.

About NASCAR

The National Association for Stock Car Auto Racing (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States and owner of 14 of the nation’s major motorsports entertainment facilities. NASCAR sanctions races in three national series (NASCAR Cup Series™, NASCAR Xfinity Series™, and NASCAR CRAFTSMAN Truck Series™), four international series (NASCAR Brasil Series, NASCAR Canada Series, NASCAR Mexico Series, NASCAR Whelen Euro Series), four regional series (ARCA Menards Series, ARCA Menards Series East & West and the NASCAR Whelen Modified Tour) and a local grassroots series (NASCAR Advance Auto Parts Weekly Series). The International Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech SportsCar Championship™, the premier U.S. sports car series. NASCAR also owns Motor Racing Network, Racing Electronics, and ONE DAYTONA. Based in Daytona Beach, Florida, with offices in five cities across North America, NASCAR sanctions more than 1,200 races annually in 11 countries and more than 30 U.S. states.

For more information visit www.NASCAR.com and www.IMSA.com, and follow NASCAR on Instagram, YouTube, Facebook, X and Snapchat.

Media Contacts:

Erik Snider

Stratasys

+1 952-906-8296

erik.snider@stratasys.com

Chris Reese

Stratasys

+1 651-357-0877

chris.reese@stratasys.com

Investor Relations:

Yonah Lloyd

Stratasys

+972 74 745 4919

yonah.lloyd@stratasys.com

NASCAR contacts

Josh Hamilton

+1 386-547-7205

jhamilton@nascar.com

Source: Stratasys

FAQ

What type of partnership did Stratasys (SSYS) announce with NASCAR in 2024?

Stratasys announced an expanded long-term technical partnership as the exclusive 3D printing partner of NASCAR, providing technology for parts and tools across NASCAR's three national series.

What 3D printing technologies will Stratasys (SSYS) provide to NASCAR?

Stratasys will provide multiple technologies including F370, 450mc, F900 (FDM printers) and a NEO800 (SL printer) at NASCAR's R&D Center in Concord, North Carolina.

How are Stratasys (SSYS) 3D printed parts being used in NASCAR vehicles?

Every NASCAR Cup Series car uses Stratasys 3D printed parts, including cold air inlet vents for driver cooling and NACA ducts for engine bay ventilation.

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