Stratasys Expands GrabCAD Software Partner Program to Support Additive Manufacturing at Scale

Rhea-AI Summary

Stratasys (NASDAQ: SSYS) has expanded its GrabCAD Software Partner Program by integrating two new partners, Oqton and Riven. This enhancement introduces advanced manufacturing operating system and 3D workflow software options, aiming to support customers in achieving scalable additive manufacturing. Oqton's platform automates manufacturing processes, while Riven specializes in high-accuracy parts production. The GrabCAD Additive Manufacturing Platform now offers a comprehensive ecosystem to facilitate improved production efficiency and product quality.

Positive

• Integration of Oqton and Riven expands software options for Stratasys customers.
• Oqton’s AI-driven automation enhances manufacturing process efficiency.
• Riven’s technology allows for higher accuracy in additive manufacturing parts.

Negative

• None.

The new partners integrate with the GrabCAD Additive Manufacturing Platform adding manufacturing operating system and new product introduction 3D workflow software options for Stratasys customers

EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, today announced the continued expansion of the GrabCAD^® Software Partner Program with new partners Oqton and Riven. Oqton is a cloud-based manufacturing operating system company based in Ghent, Belgium; and Riven provides 3D reality intelligence for digital manufacturing, based in Berkeley, Calif.

The GrabCAD Additive Manufacturing Platform. (Photo: Business Wire)

The GrabCAD Software Partner Program is part of the recently introduced GrabCAD Additive Manufacturing Platform, which integrates GrabCAD applications and third-party GrabCAD Software Partners via the GrabCAD Software Development Kit (SDK). The open and enterprise-ready platform enables two-way connectivity between 3D printers, additive manufacturing and enterprise applications, and broader Industry 4.0 infrastructure.

“New GrabCAD Software partners give us the ability to grow the numbers of technologies available through the GrabCAD AM Platform and allows us to support our customers’ goals by creating a connected ecosystem that supports additive manufacturing at scale,” said Paul Giaconia, Vice President of Software Products for Stratasys. “We welcome these two new partners and look forward to continuing to grow this program and supporting our customers’ Industry 4.0 initiatives.”

Oqton provides users with a machine-agnostic, cloud-based software platform that leverages artificial intelligence to automate repetitive tasks and utilizes intelligent IoT capabilities to automate the end-to-end additive manufacturing workflow across and beyond the production floor, including order tracking, scheduling, latticing, build preparation, and slicing. The solution, purposely built for additive manufacturing, allows users to easily create live dashboards and automated reports to optimize their manufacturing process so that their product can go to market quicker.

“Our solution empowers humans and machines to work together seamlessly – which is the key difference between manufacturing success and manufacturing failure,” said Benjamin Schrauwen, CEO at Oqton. “We've made it very easy to combine and visualize data from different machines, from different manufacturers, and across different technologies, and by partnering with Stratasys we can help our shared customers achieve automated manufacturing success.”

Also joining the GrabCAD Partner Program is Riven, an open cloud software company specializing in 3D reality intelligence that accelerates volume production of high-accuracy, end-use additive manufactured parts. Riven’s software, using 3D reality data from scanners and proprietary algorithms, allows engineering and manufacturing teams to cut iterations and time-to-part while improving the customer experience. Riven has introduced Warp-Adapted-Model (WAM™) capability, which enables printed production parts across additive manufacturing technologies, including FDM^®, powder bed fusion and stereolithography, to be 2-10 times more accurate than parts printed from CAD. WAM scales from singular high-value parts to series production and enables exciting new end-use applications.

James Page, founder and CTO of Riven, commented, “Together with Stratasys we recognize how critical it is that production parts are delivered quickly and to spec in order for additive to reach its full potential. Riven’s next-generation predictive, machine learning technology, enables customers to realize higher part quality and reduced time to production deliveries.”

To learn more about the GrabCAD Software Partner Program and the ecosystem of software providers that have connected to Stratasys technology to provide customers with end-to-end additive solutions, visit www.grabcad.com/featured-software-partners.

Oqton helps manufacturers increase innovation and efficiency by intelligently automating production. Powered by artificial intelligence, the Oqton Manufacturing OS unifies engineering and production, connecting specialist applications across design, CAM, 3D printing, reverse engineering, and inspection. Our agnostic platform connects technologies and machines across multiple sites, eliminating the need for multiple disconnected software programs, and providing traceability and visibility across your organization. Developed by international experts in artificial intelligence, machine learning, and advanced manufacturing, Oqton is trusted by globally recognized manufacturers, and supported by partnerships with machine vendors, service bureaus, and materials providers. For more information, visit our website or LinkedIn.

Riven is an open cloud software company that enables fast product introduction and customer acceptance of high-accuracy additive manufacturing at scale. Riven cuts weeks on product launches by leveraging proprietary 3D reality intelligence and rich, 3D visualization of as-manufactured parts, allowing manufacturers and their extended teams to easily validate parts, improve product accuracy and collaborate with data-driven insights

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 the company’s 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, GrabCAD and FDM are trademarks or registered trademarks of Stratasys Ltd. and/or its affiliates. All other trademarks are the property of their respective owners, and Stratasys assumes no responsibility with regard to the selection, performance, or use of these non-Stratasys products.

Attention Editors, if you publish reader-contact information, please use:

• USA +800-801-6491
• Europe/Middle East/Africa +49-7229-7772-0
• Asia Pacific +852 3944-8888

View source version on businesswire.com: https://www.businesswire.com/news/home/20220308005347/en/

Stratasys Corporate &

North America

Heather Morris

heather.morris@stratasys.com

+1 612-875-2751

Investor Relations

Yonah Lloyd

yonah.lloyd@stratasys.com

+972-74-745-4919

Europe, Middle East, & Africa

Jonathan Wake / Miguel Afonso,

Incus Media

stratasys@incus-media.com

+44 1737 215200

Brazil, Central America and South America

Erica Massini

erica.massini@stratasys.com

+55 (11) 2626-9229

Asia Pacific and Japan

Alice Chiu

alice.chiu@stratasys.com

+852-9189-7273

Source: Stratasys Ltd.

FAQ

What recent announcement did Stratasys make regarding its software partnerships?

Stratasys has expanded its GrabCAD Software Partner Program by adding new partners Oqton and Riven, enhancing software options for its customers.

How does Oqton's platform contribute to Stratasys' offerings?

Oqton provides a cloud-based, AI-driven manufacturing operating system that automates tasks, improving production efficiency for Stratasys customers.

What technology does Riven bring to the GrabCAD Software Partner Program?

Riven offers 3D reality intelligence software that improves the accuracy and speed of producing additive manufactured parts.

What is the significance of the GrabCAD Additive Manufacturing Platform?

The GrabCAD Additive Manufacturing Platform integrates various applications and partners, creating a connected ecosystem to support scalable additive manufacturing.