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Stratasys Helps Boost Additive Manufacturing Production Volumes and Profitability With New GrabCAD Print Pro Software
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
Stratasys has launched GrabCAD Print Pro software, designed to enhance quality assurance in 3D printing. This software, available from May 16, incorporates features from Riven and aims to improve part accuracy, decrease waste, and expedite production processes. Key functionalities include automatic warp correction, standardized manufacturing templates, and improved cost estimation. Additionally, partnerships with AlphaSTAR and Castor introduce real-time analysis and decision-support capabilities, enabling manufacturers to optimize their production workflows. The annual subscription model will also provide optional monthly updates and multi-user discounts for customers.
Positive
Launch of GrabCAD Print Pro software aimed at improving part accuracy and reducing waste.
Includes advanced features like automatic warp correction and standardized manufacturing templates.
Partnerships with AlphaSTAR and Castor enhance software capabilities and offer real-time analysis.
Software expected to improve operational efficiency and scalability for manufacturers.
Negative
None.
AI-powered quality management for improved part accuracy and workflow
New plug-in partners AlphaSTAR and Castor provide options for real-time part analysis and streamline integrated workflow
EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--
Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing, announced today the launch of its new GrabCAD Print Pro software, with integrated quality assurance functionality from Riven, a recent Stratasys acquisition. GrabCAD Print software manages the print preparation process for Stratasys 3D printers. The new Pro version is designed for manufacturers who need to efficiently produce end use parts and move to production-scale volumes. It is specifically designed to improve printed-part accuracy, reduce waste, and shorten time to part. The software is expected to be available beginning May 16 for customers using Stratasys printers based on SAF™ and FDM® technologies.
With its Accuracy Center, GrabCAD Print Pro allows manufacturers to make necessary adjustments and can reduce material waste while speeding up the additive manufacturing process. (Graphic: Business Wire)
GrabCAD Print Pro software includes all the features of GrabCAD Print standard. However, its advanced capabilities create greater opportunities for large-scale additive manufacturing with better system controls, reduced production time and enhanced workflows. Customers can achieve these benefits through unique features such as:
Warp Additive Model (WAMTM) automatic warp correction to ensure part accuracy through 3D scanning and warp correction
Ability to develop standardized manufacturing templates allowing customers to prepare builds quickly and error-free
Improved per-part cost estimation, with a significant reduction in time estimating multi-customer trays
Label generation, including unique coding, serialization and placement for SAF
3D Array to arrange parts on the Z axis, allowing stacking of parts, to reduce build times and increase throughput
Integration with qualified best-in-class partner plug-ins
“We are proud to deliver the best-in-class print preparation software package that reflects additive manufacturing’s expanding role on the factory floor,” said Rich Garrity, Chief Industrial Business Officer for Stratasys. “Our customers are increasingly expanding 3D printing implementation beyond prototyping to end-use parts production at scale, where consistent quality and process efficiency are truly essential. This new next-generation software is designed to help them achieve their current and future business goals and allow them to significantly, and rapidly scale up their additive manufacturing capabilities.”
For the first time, GrabCAD Print Pro also features third-party partner plug-ins, with initial plug-in partners to include AlphaSTAR and Castor. AlphaSTAR provides toolpath-driven analysis and quality assessment of print parameters and toolpaths, as well as thermal process simulation to help improve design cycles and produce higher quality parts with less iteration. Castor’s decision-support software automatically analyzes thousands of parts at once to identify the best opportunities for additive manufacturing.
“The integration with GrabCAD Print Pro enables us to offer greater value to our customers,” said Omer Blaier, co-founder, and CEO of Castor. “Through this partnership, we enable more manufacturers to seamlessly incorporate Castor into their design and production platforms, thus identify additive manufacturing opportunities more easily. We’re excited to be part of the innovative Stratasys platform.”
GrabCAD Print Pro is an annual per-user subscription licensed product and will include optional monthly updates with additional features. Multi-user discounts are available. For more information, visit the GrabCAD landing page or Stratasys.com. AlphaSTAR and Castor for more information on their plug-ins.
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 Stratasysblog, 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, GrabCAD, GrabCAD Print, GrabCAD Print Pro, WAM, FDM and SAF are trademarks or registered trademarks of StratasysLtd. 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.
Note Regarding Forward-Looking Statement
The statements in this press release regarding Stratasys are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are subject to significant risks and uncertainties, and actual results could differ materially from those projected. There can be no assurance that Stratasys will be able to complete the transaction on the anticipated terms, or at all. Important factors that could cause actual results and developments to differ materially from those anticipated in these forward-looking statements include, among other things, risks and uncertainties related to market conditions, satisfaction of customary closing conditions related to the transaction and the risk factors and other matters referred to under “Risk Factors”, and generally in Stratasys’ Annual Report on Form 20-F for the year ended December 31, 2022 filed with the U.S. Securities and Exchange Commission, or SEC, on March 3, 2023, and in other reports that Stratasys furnishes to or files with the SEC from time to time. Readers are urged to carefully review and consider the various disclosures made in Stratasys’ SEC reports, which are designed to advise interested parties of the risks and other factors that may affect its business, financial condition, results of operations and prospects. The forward-looking statements in this release speak only as of this date, and Stratasys disclaims any intent or obligation to revise or update publicly any forward-looking statement except as required by law.
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What are the key features of GrabCAD Print Pro launched by Stratasys?
GrabCAD Print Pro includes features like automatic warp correction, standardized manufacturing templates, improved cost estimation, and integration with partner plug-ins from AlphaSTAR and Castor.
When will GrabCAD Print Pro be available for Stratasys users?
GrabCAD Print Pro is expected to be available starting May 16.
How does GrabCAD Print Pro improve 3D printing workflows?
The software enhances workflows by enabling real-time analysis, reducing production time, and improving part accuracy, which helps manufacturers scale additive manufacturing capabilities.
What companies partnered with Stratasys for GrabCAD Print Pro?
The initial plug-in partners for GrabCAD Print Pro are AlphaSTAR and Castor, which provide analysis and decision-support integration.
What is the subscription model for GrabCAD Print Pro?
GrabCAD Print Pro operates on an annual per-user subscription basis with optional monthly updates and discounts for multi-user licenses.
