Stratasys Ltd Stock Price, News & Analysis

Stratasys Ltd. (NASDAQ: SSYS) has acquired UK-based RP Support Ltd (RPS), enhancing its polymer 3D printing solutions. This acquisition introduces RPS' Neo line of industrial stereolithography 3D printers, which are expected to expand Stratasys' offerings across the product lifecycle. Stratasys anticipates a slight positive impact on revenue and earnings by the end of 2021. The Neo systems feature advanced technology for improved accuracy and material versatility and are ready for Industry 4.0 integration. This move positions Stratasys for growth in the $150 million industrial stereolithography market, projected to grow at 10% annually.

MakerBot, a Stratasys company (Nasdaq: SSYS), has qualified BASF's Ultrafuse® 316L Stainless Steel for its LABS™ Experimental Extruder on METHOD® 3D printers. This makes METHOD the only industrial desktop 3D printer in its class to print metal materials. The Ultrafuse material offers high strength and durability for prototypes and tools, allowing affordable metal 3D printing without hefty investments in equipment. Parts printed can achieve up to 96% density of pure stainless steel. This development enhances MakerBot’s position in the 3D printing market.

Stratasys Ltd. (NASDAQ: SSYS) has announced the launch of FDM ABS-CF10, a new carbon fiber composite material for its F123 Series™ 3D printers. This innovative material, containing 10% chopped carbon fiber, is 15% stronger and over 50% stiffer than standard ABS, enhancing the capabilities of the F170™, F270™, and F370™ models. The introduction is timely as the additive manufacturing market for polymer jigs and fixtures is projected to grow at 14.2% annually, reaching nearly $600 million by 2023.

Stratasys Ltd (Nasdaq: SSYS) will announce its financial results for the fourth quarter and full year ended December 31, 2020, on March 1, 2021. The company will host a conference call at 8:30 a.m. ET on the same day to discuss the results. Investors can join via a live webcast on the company’s website. Stratasys is a leader in 3D printing solutions targeting various industries, including aerospace and healthcare, leveraging innovative technologies to enhance product design and manufacturing processes.

Stratasys Ltd. (NASDAQ: SSYS) has completed the acquisition of Origin as of Dec. 31, 2020. This acquisition enhances Stratasys' capabilities in additive manufacturing, focusing on software-driven polymer applications. CEO Yoav Zeif emphasized that this strategic move is expected to unlock new market opportunities and contribute to significant growth starting in 2021. The acquisition may slightly dilute non-GAAP earnings per share in 2021 but is projected to become accretive by 2023. Origin’s technology is noted for its precision and material development.

Stratasys (NASDAQ: SSYS) will present at the 23^rd Annual Needham Growth Conference on January 14, 2021, at 2:00 p.m. ET. CEO Yoav Zeif and CFO Lilach Payorski will lead the presentation, which is accessible via live webcast and archived for 180 days. Stratasys is a leader in polymer additive manufacturing, utilizing its technologies for producing prototypes and parts in various industries, including aerospace and healthcare. The company aims to enhance product development while reducing costs. For more details, visit www.stratasys.com.

Stratasys Ltd. (NASDAQ: SSYS) has launched a new program to enhance integration of its 3D printers within production environments through the GrabCAD Software Development Kit (SDK). This initiative enables two-way connectivity between FDM 3D printers and enterprise software, facilitating improved additive manufacturing processes. Initial partners like Link3D and Identify3D are collaborating on this SDK program. The new connectivity aims to support Industry 4.0 initiatives and meet the growing demand for sophisticated manufacturing solutions.

MakerBot, a subsidiary of Stratasys Ltd. (Nasdaq: SSYS), has announced the qualification of three new Kimya ABS composite materials for its METHOD X 3D printer. These materials include Kimya ABS Kevlar, Kimya ABS-ESD, and Kimya ABS-EC, enhancing the printer's capabilities and expanding its materials portfolio to 23. The new materials offer high strength, abrasion resistance, and electrostatic discharge protection, promising significant cost savings in manufacturing. The METHOD X, with a heated chamber and advanced extruder, enables high-quality production of complex parts.

Stratasys Ltd. (NASDAQ: SSYS) announced its acquisition of 3D printing start-up Origin Inc. for up to $100 million, combining cash and stock. This strategic move aims to enhance Stratasys' leadership in mass production with Origin's Programmable PhotoPolymerization (P³) technology, potentially generating an additional $200 million in revenues over five years. The deal, comprising $60 million at closing and $40 million in performance-based earnouts, is set to close in January 2021, and is seen as slightly dilutive to earnings in 2021 but accretive by 2023.