Welcome to our dedicated page for Stratasys news (Ticker: SSYS), a resource for investors and traders seeking the latest updates and insights on Stratasys stock.
Stratasys Ltd. reports developments in polymer 3D printing and additive manufacturing for industrial, dental, medical and product-design applications. Company updates commonly cover connected 3D printers, polymer materials, GrabCAD software, parts on demand through Stratasys Direct, and platform families that include FDM, PolyJet, P3 DLP and SLA technologies.
Recurring news also includes quarterly and annual financial results, conference-call materials, product and material launches, application expansion in aerospace, automotive, consumer products, healthcare and defense, and regulatory milestones such as European certification for TrueDent dental resins. The company also announces Form 20-F availability and other public-company reporting matters as a Nasdaq-listed foreign issuer.
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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.
Massivit 3D Printing Technologies unveiled its Massivit 10000-G at the Rapid + TCT event in Chicago from May 2-4, 2023. This innovative system automates production for composite materials, effectively overcoming bottlenecks in mold production and serving a variety of large-scale custom applications. The 10000-G can print molds up to 80% faster than traditional methods and integrates Gel Dispensing Printing (GDP) technology, enhancing capabilities for producing high-quality, custom parts.
CEO Erez Zimerman highlighted the 10000-G's role in transforming industrial production, reducing time and costs typically associated with manual processes. Massivit's GDP technology is now adopted in 40 countries and allows for the rapid production of functional prototypes across multiple industries, demonstrating the company's commitment to advancing additive manufacturing.
Massivit 3D Printing Technologies (TASE: MSVT) announced the introduction of its innovative Massivit 10000-G printer at JEC World 2023 in Paris from April 25-27. This printer automates and speeds up composite manufacturing workflows, promising up to 80% time savings and 50% cost reduction in mold production. Utilizing the company's Cast In Motion technology, it enables the digital production of complex molds across various industries such as automotive and marine. The event also marks the company's 2023 corporate rebranding, aligning with strategic goals as it celebrates its 10-year anniversary. Live demonstrations and a showcase of applications will be available at Booth K58.
Stratasys Ltd. (NASDAQ: SSYS) has responded to a recent Israeli court ruling concerning Nano Dimension Ltd. (NASDAQ: NNDM) and its largest shareholder, Murchinson Ltd. The court's decision raises concerns about whether substantial decisions are being made by Nano's Board of Directors in the shareholders' best interest. The litigation centers on the validity of a March 2023 Special General Meeting, where 92% of votes supported removing four directors, including CEO Yoav Stern. Although the court allowed Murchinson to appoint two directors as observers, Nano plans to appeal, casting doubt on its management's authority. Stratasys argues that Nano's actions pose significant risks to its shareholders.