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. (NASDAQ: SSYS) is frequently in the news for developments in polymer-based 3D printing and additive manufacturing across aerospace, automotive, healthcare, and industrial markets. Its announcements highlight how smart, connected 3D printers, polymer materials, and a supporting software ecosystem are applied in real-world production and prototyping environments.
Recent news has showcased industrial and automotive applications, such as Subaru of America’s use of the Stratasys F770 printer with the T25 High Speed Head to cut tooling development time and reduce prototyping costs. In aerospace, Stratasys reports that Airbus produces certified flight-ready parts using ULTEM 9085 filament CG on industrial FDM printers, with thousands of parts already in service on aircraft models including the A320, A350, and A400M.
Healthcare-focused stories emphasize Digital Anatomy technology and specialized materials. Stratasys has announced full U.S. availability of its RadioMatrix radiopaque material, enabling CT and X-ray-visible models for imaging research, training, and device testing. Other coverage describes Digital Anatomy-based eye models for eyelid surgery training in Europe, supporting lifelike, repeatable surgical education.
Stratasys news also covers software and ecosystem partnerships, such as the integration of Novineer’s NoviPath performance simulation with GrabCAD Print Pro, and its collaboration with Tritone Technologies to add metal and ceramic capabilities. Additional updates include participation in defense exercises like Trident Warrior 25, where distributed manufacturing with Stratasys printers and Stratasys Direct on-demand production supported U.S. Navy operations.
On this SSYS news page, readers can follow earnings releases, product and material launches, strategic collaborations, and sector-specific case studies that illustrate how Stratasys technologies are used in production and training. Investors, engineers, and industry professionals can use this feed to monitor ongoing developments in Stratasys’ additive manufacturing activities.
Stratasys (NASDAQ: SSYS) has announced the acquisition of Riven, a quality assurance software company, to enhance its GrabCAD Additive Manufacturing Platform. Riven's cloud-based software improves parts inspection, allowing for quick diagnosis and corrections between CAD files and printed parts. This integration aims to ensure accurate production-scale parts, reduce delays, and promote sustainability by minimizing waste. The acquisition closed in October 2022 and is expected to facilitate market expansion and enable better 3D printing solutions for Stratasys customers.
Stratasys Ltd. has finalized the merger of its subsidiary MakerBot with Ultimaker, backed by NPM Capital, effective August 31, 2022. The new entity, retaining the name Ultimaker, aims to dominate the Desktop 3D printing market. NPM Capital holds 53.5% ownership, while Stratasys retains a 46.5% share. This merger is expected to enhance Stratasys’s strategic focus and create long-term value for shareholders. However, financial contributions from MakerBot will no longer be consolidated by Stratasys starting September 1, 2022.
Stratasys (NASDAQ: SSYS) has signed an agreement to acquire Covestro AG's additive manufacturing materials business for approximately 43 million euros, plus inventory and potential earnout of up to 37 million euros. This acquisition is poised to enhance Stratasys' ability to deliver comprehensive 3D printing solutions and accelerate materials development. The deal includes R&D facilities, a diverse materials portfolio of about 60 additive manufacturing materials, and a robust IP portfolio. Closing is expected in Q1 2023, pending regulatory approvals.
Stratasys Ltd. (Nasdaq: SSYS) reported second-quarter 2022 revenue of $166.6 million, marking a 13.3% increase over 2021, the highest in four years. The company posted a GAAP net loss of $24.4 million ($0.37 per diluted share) and non-GAAP net income of $1.2 million ($0.02 per diluted share). Cash and equivalents reached $441.5 million with no debt as of June 30, 2022. The 2022 revenue outlook is adjusted to $675 million to $685 million, down from $685 million to $695 million, mainly due to adverse currency impacts.
Stratasys Ltd. (NASDAQ: SSYS) will hold its 2022 Annual General Meeting on September 15, 2022, at 3:00 p.m. Israel time. Shareholders are invited to vote on several proposals, including the re-election of directors and the adoption of a new Share Incentive Plan for 1,296,494 shares. The record date for voting eligibility is August 8, 2022. The meeting will also review financial statements for the year ending December 31, 2021. Stratasys encourages all shareholders to participate, regardless of share quantity.
Stratasys has secured a seven-year lease for the newly redeveloped Parkers Lake Commerce Center in Plymouth, Minnesota, effective August 1, 2022. The redevelopment included modern amenities in a 168,100 square foot facility with a 32' clear height. The project was spearheaded by Meritex, which aims to attract various companies to the site. The executive team believes this partnership enhances tenant diversity and boosts long-term cash flows. The project reflects ongoing demand for high-quality industrial spaces in the market.
Stratasys Ltd (NASDAQ: SSYS) has adopted a limited duration shareholder rights plan to protect the interests of the company and its shareholders. The plan aims to deter hostile takeovers by any entity acquiring more than 15% of the company's shares without board approval. Each shareholder will receive one right for every ordinary share, exercisable at $0.01 per share if the threshold is crossed. This Rights Plan will be in effect for 364 days, ending on July 24, 2023. The measure reflects the company's commitment to ensuring fair treatment for all shareholders.
MakerBot, a Stratasys company (NASDAQ: SSYS), has announced a significant upgrade to its MakerBot CloudPrint™ platform. This enhanced cloud-based solution allows users to efficiently prepare, print, and manage 3D print jobs from their browser. Key features include improved workflow from CAD to part, seamless integration of print preparation and workspace management, enhanced queue management, and better monitoring and notifications. The upgrades aim to streamline the 3D printing process, making it faster and more user-friendly for professional and educational users.
Stratasys Ltd (SSYS) will release its second quarter financial results for the period ending June 30, 2022, on August 3, 2022. A conference call to discuss these results is scheduled for the same day at 8:30 a.m. ET. The call will be accessible via a live webcast on the Stratasys website. Stratasys is recognized for its leadership in additive manufacturing, providing innovative 3D printing solutions across various industries, including aerospace and healthcare. These solutions are designed to enhance product design efficiency and manufacturing agility.
MakerBot, a Stratasys company (NASDAQ: SSYS), reaffirms its commitment to enhancing STEM education by donating 3D printers and materials to organizations serving underserved communities in the U.S. Beneficiaries include the Si Se Puede Foundation and Kihei Elementary School, which will integrate 3D printing into their programs. These donations aim to improve youth development and provide essential skills in 3D printing technology, fostering creativity and problem-solving among students.