STRUCTURE, HP AGREE TO SOFTWARE LICENSING AGREEMENT
Rhea-AI Summary
Structure has signed a 3D software licensing agreement with HP Inc. Under the agreement, HP will offer Structure's AI-powered Software Development Kit (SDK) to provide 3D scanning application development services for its 3D printing clients. This initiative aims to deliver end-to-end 3D scanning and printing services, accelerating adoption across various applications.
The Structure SDK has already enabled the development of over 300 applications. Structure, which spun off from Occipital in 2022, provides 3D scanning technology through its Structure 3 scanner and Structure Capture iOS mobile application, enabling accurate 3D scanning through iPads and iPhones.
Positive
- Partnership with major industry player HP Inc expands market reach
- SDK already proven successful with 300+ applications developed
- Integration creates end-to-end 3D scanning and printing solution
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, HPQ declined 1.54%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
HP to Utilize Structure 3D Software Development Kit to Enable Client Development of 3D Scanning Applications as Part of End-to-End 3D Scanning, 3D Printing Offering
Under the agreement, HP will offer the AI-powered Structure Software Development Kit (SDK) to provide 3D scanning application development services tailored to the needs of its 3D printing clients. The agreement is part of HP's initiative to provide end-to-end 3D scanning and 3D printing services to its clients, accelerating adoption across diverse applications.
"Our agreement with Structure provides our clients with access to the industry's leading 3D scanning software development tools and is an important step in enabling companies to maximize our technology," said Pierre Kaiser, Head of 3D Design for HP. "This is the perfect blend of Structure's 3D scanning and imaging expertise combined with HP's global 3D printing leadership. The winners will be our clients, who now have access to the industry's leading app development technology to move their 3D printing vision forward."
Structure SDK empowers thousands of developers to build their own 3D scanning apps and is a key element in the company's drive to enable product development and improved patient care for entrepreneurs and large global companies alike. To date, more than 300 applications have been developed and deployed using Structure SDK.
Structure, which launched as a spin-off from 3D imaging pioneer Occipital in 2022, also provides 3D scanning technology through its Structure 3 scanner and Structure Capture iOS mobile application, which enables mobile, highly accurate, 3D scanning through iPads and iPhones.
"HP continues to lead the industry in empowering its customers to develop cutting edge 3D printing solutions. We look forward to supporting HP in this effort by providing access to our Structure Software Development Kit," said Ravi Shah, CEO of Structure. "The SDK platform gives developers access to easy-to-use software tools to create new and innovative 3D scanning applications. Enabling the creativity of today's 3D printing developers will have long-term positive impact on patient outcomes throughout the global healthcare industry."
About HP Inc.
HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit http://www.hp.com.
About Structure
Headquartered in
The company has achieved steady growth in the past two years, with its technology deployed by over 150,000 physicians across the globe. Structure's healthcare computing platform combines detailed body capture with AI-driven measurement and analysis tools, empowering the creation of personalized healthcare therapies and consumer goods. By enabling precise Digital Twin models of the human body, Structure is setting a new standard for accuracy and personalized healthcare therapies in the healthcare industry. For more information, please visit https://structure.io/.
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SOURCE Structure