Stratasys Ltd

Stratasys Ltd (SSYS) News & Events

$6.940

-0.020 (-0.29%)At close

SSYS News

SSYS Events

9/14 09:30

Stratasys Showcases Additive Manufacturing Solutions with General Motors

Stratasys (SSYS) announced a new showcase of its longstanding collaboration with General Motors (GM), highlighting how one of the world's most advanced manufacturers is leveraging Stratasys additive manufacturing solutions to reduce manufacturing lead times and costs while improving operational performance across its production operations. GM team members are leveraging Stratasys FDM additive manufacturing solutions to rapidly produce tooling, fixtures, jigs, factory aids and end-use parts, with facilities reporting significant savings. Stratasys combines industrial FDM production systems, production-grade materials, software and application expertise to design, build and integrate qualified additive manufacturing solutions into existing workflows and processes. Manufacturing teams across multiple GM production facilities in North and South America have deployed Stratasys platforms to support dozens of manufacturing applications spanning tooling, quality, safety, and ergonomics for years.

9/9 08:30

Stratasys Launches New F870 FDM System

Stratasys (SSYS) announced the launch of the new F870 FDM system, a large-format additive manufacturing platform designed for industrial manufacturers, automotive OEMs, aerospace & defense production lines, looking to scale production on the factory floor. Extending the Stratasys production-grade FDM portfolio, the F870 combines unrivaled large-format capabilities in a heated chamber backed by a suite of the strongest, most durable materials, all with a lower total cost of ownership so manufacturers can expand additive across manufacturing applications. Manufacturers increasingly demand larger, production-ready systems capable of producing tooling, fixtures, manufacturing aids and end-use parts at the size, throughput, and reliability needed for factory-floor deployment. The F870 FDM machine addresses this need. Systems are currently being adopted by leading manufacturers, including Toyota (TM) Production Engineering in Georgetown, Kentucky, and Rivian Automotive (RIVN) in Plymouth, Michigan. These organizations are assessing the platform across a range of applications, from factory-floor tooling and manufacturing aids to advanced prototyping workflows, ahead of commercial availability.

8/13 07:30

Stratasys Q2 Revenue at $137.6M, Below Consensus

Reports Q2 revenue $137.6M, consensus $138.48M. "Consumables reached a record level this quarter, driven by manufacturing materials, underscoring the continued strength of our strategy to grow the manufacturing portion of our business," said Dr. Yoav Zeif, CEO of Stratasys. "Aerospace and defense (A&D) revenue grew 17% year-over-year, reinforcing the increasing level of adoption in our largest and highest-value vertical. We are also excited by our pending acquisition of MarkForged, which will meaningfully enhance our industrial offering through its continuous carbon fiber technology, materials, and software platform. Our pipeline of new A&D orders continues to build as expected, positioning us to achieve sequential growth. With a debt-free balance sheet, we are poised to keep investing in our strategy from a position of financial strength."

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