PTC Continues Onshape Momentum with Release of Onshape AI Advisor and Onshape Government

Rhea-AI Summary

PTC (NASDAQ: PTC) has announced two significant additions to its Onshape platform: Onshape AI Advisor and Onshape Government. The AI Advisor, built on Amazon Bedrock, provides AI-powered guidance for CAD workflows and PDM best practices, helping teams optimize designs and improve efficiency. Onshape Government, hosted on AWS GovCloud (U.S.), is specifically designed to meet ITAR and EAR compliance requirements for defense contractors and government agencies.

The cloud-native CAD and PDM platform continues to gain momentum, with notable clients including Trek Bikes, Garmin, and AURA AERO. The platform maintains a three-week release cycle, recently adding features like CAM Studio, Render Studio, and PCB Studio. In the education sector, Onshape is experiencing significant growth with over 1.5 million new signups annually, being adopted by prestigious institutions like Duke University and The Ohio State University.

Positive

• Launch of AI-powered design assistant to enhance productivity
• Expansion into government/defense sector with ITAR-compliant solution
• Strong educational sector growth with 1.5M+ new annual signups
• Continuous platform enhancement with 3-week release cycles
• Growing adoption by major companies across industries

Negative

• None.

• New AI-powered assistant offers designers step-by-step guidance and recommendations during design process
• Onshape Government delivers cloud-native CAD and PDM to aerospace and defense companies with ITAR and EAR compliance requirements

BOSTON, April 15, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced two new offerings from its cloud-native Onshape^® computer-aided design (CAD) and product data management (PDM) platform: Onshape AI Advisor, an intelligent, generative AI-powered assistant that enables the enhancement of design productivity and expertise, and Onshape Government, a specialized solution designed to meet the International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR) regulatory and compliance needs of U.S. government agencies and defense contractors. These offerings empower designers and engineers to work more efficiently, collaborate in real time, and deliver high-quality products to the market faster.

Onshape AI Advisor helps users accelerate their design process with expert, AI-powered guidance on CAD workflows, PDM best practices, and platform capabilities. Developed on Amazon Bedrock, Onshape AI Advisor helps teams transition from legacy CAD, optimize designs, and improve efficiency. For more on Onshape AI Advisor, please visit: AI for CAD: Boost Productivity and Innovation.

Onshape Government is a purpose-built version of Onshape, designed specifically to help meet the compliance needs of U.S. federal and state agencies, defense contractors, and organizations working on regulated projects. Hosted on AWS GovCloud (U.S.), Onshape Government enables compliance with regulations such as ITAR and EAR while offering the same streamlined collaboration and version control and accessibility benefits that make Onshape one of the industry's fastest-growing CAD and PDM solutions. For more on Onshape Government, please visit: Onshape Government.  

"Onshape Government and Onshape AI Advisor are the latest examples of us delivering on our mission of helping customers of all sizes and across all industries transform their product development processes," said David Katzman, General Manager of Onshape and Arena, PTC. "We're pleased to extend the benefits of cloud-native CAD and PDM to companies operating in the regulated aerospace and defense market, and we continue to make Onshape one of the most accessible and user-friendly platforms, now with AI-driven assistance throughout the design process."

Onshape is the industry's only cloud-native CAD and PDM platform. Leading companies such as Trek Bikes, Garmin, BOA, K2, Garrett Motion, and AURA AERO are all designing products with Onshape. As part of its three-week release cycles, Onshape has added functionality such as CAM Studio, Render Studio, PCB Studio, Onshape Simulation, new surfacing, modeling analysis, and mixed modeling capabilities, and the Onshape-Arena connection for a seamless CAD-PDM-PLM experience. In education, from K-12 through university, Onshape is now generating more than 1.5 million new signups per year. Leading universities, including The Ohio State University, Duke University, and the University of Southern California, are all teaching Onshape as part of their engineering curricula.

To learn more about Onshape, visit www.onshape.com.

About PTC
PTC (NASDAQ: PTC) is a global software company enabling manufacturers and product companies to digitally transform how they design, manufacture, and service products. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, visit www.ptc.com.

Media Contact
Greg Payne
gpayne@ptc.com

Investor Contact
Matt Shimao
mshimao@ptc.com

PTC, Onshape, and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries.

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SOURCE PTC Inc.

FAQ

What new features has PTC introduced to its Onshape platform in April 2025?

PTC introduced Onshape AI Advisor, an AI-powered design assistant, and Onshape Government, a specialized solution for ITAR and EAR compliance needs.

How does PTC's Onshape AI Advisor enhance design productivity?

Onshape AI Advisor provides step-by-step guidance on CAD workflows, PDM best practices, and helps teams optimize designs using AI-powered recommendations.

Which major companies are currently using PTC's Onshape platform?

Notable companies using Onshape include Trek Bikes, Garmin, BOA, K2, Garrett Motion, and AURA AERO.

What is the educational impact of PTC's Onshape platform?

Onshape generates over 1.5 million new educational signups yearly and is taught at major universities including Duke, Ohio State, and USC.

How does PTC's Onshape Government ensure regulatory compliance?

Onshape Government is hosted on AWS GovCloud (U.S.) and is specifically designed to meet ITAR and EAR compliance requirements for defense contractors and government agencies.