Stratasys

Stratasys offers a range of additive manufacturing (AM) solutions including 3D printers, software, materials, and on-demand manufacturing services for aerospace, automotive, dental, medical, education, consumer goods, railway, government, and fashion industries. Stratasys printers, along with its software, can manufacture jigs, fixtures, and production parts and be used for rapid prototyping, composite tooling, package designing, and 3D printing, in a variety of colors. The company offers a range of printers including 1) the FDM series, which can print large-scale parts of up to one meter long; 2) PolyJet series, which targets healthcare applications; 3) the Stereolithography series, which can print parts with high surface quality; 4) P3 series, which uses programmable photopolymerization technology; and 5) SAF series that allows high volume printing with consistency. 

The printers are supported by GrabCAD, Connectivity, and Digital Anatomy software that helps to streamline workflows, integrate printers with smart factory infrastructure, and create anatomies for medical use cases respectively. In November 2024, Stratasys launched GrabCAD, an IoT platform. The platform offers real-time data collection, monitoring, and remote diagnostics capabilities, allowing customers to track printer fleet performance and address issues before they disrupt production. Stratasys also offers around 80 types of rigid and flexible materials. 

In April 2024, Stratasys introduced a direct-to-garment (D2G) solution for its J850 TechStyle 3D printer, which enables the application of full color, multi-material 3D printing directly onto fully assembled garments of various fabric types including denim, cotton, polyester, and linen. In June 2024, Stratasys introduced a range of new materials and software updates for its PolyJet and FDM 3D printing technologies and launched the J5 Digital Anatomy 3D printer, which is designed to provide cost-effective, high-fidelity anatomical models. The printer supports the production of models that resemble the behavior and response of real human tissue, skeletal structures, and vasculature, with biomechanically accurate materials. In September 2024, the company launched the Origin Two DLP printer along with a post-processing system named Origin Cure, which enables users to manufacture high-precision, injection-molding parts for short production runs. 

Stratasys acquired several other AM companies including software company Riven (2022), Xaar 3D (2021), RP Support (2021), Origin (2020), and Econolyst (2015) to expand its solutions. In September 2022, the company merged its subsidiary MakerBot with Ultimaker, a provider of 3D printing solutions backed by NPM Capital, to form a new entity named Ultimaker. Stratasys owns 46.5% of the combined entity. In April 2023, it acquired the additive manufacturing material business of Covestro, a German producer of a variety of polyurethane and polycarbonate-based raw materials. 

In March 2024, Stratasys acquired the technology portfolio Arevo, a provider of on-demand AM services that ceased its operations in 2023, for an undisclosed amount. The deal included patents in carbon fiber printing; localized laser melting; and roller compaction for Z-strength improvement, AI build monitoring, and hardware design. The company leveraged the acquisition to extend the range of manufacturing applications of its FDM print systems.

Key customers and partnerships

Some of Stratasys’ prominent customers include Microsoft, General Atomics, Peugeot, Rocket Composites, and PepsiCo. The company operates through a network of resellers in North America and Asia, with its HQ in Los Angeles. In February 2023, Stratasys, partnered with imaging and electronics company Ricoh USA and Axial3D to print anatomic models for medical use. It extended its partnership with Ricoh in July 2024 to assess the use of 3D-printed models for preoperative planning in orthopedic oncology.

The company entered a number of partnerships across 2024, to develop new technology and solutions. These include partnerships with 1) BASF Forward AM (June 2024), to develop SAF Polypropylene Material for Stratasys' "H350" powder bed fusion printer, 2) AM Craft (June 2024), to produce flight-certified 3D-printed parts for the aviation sector, 3) Materialise (September 2024), to launch Stratasys “Neo build processor” for investment casting master patterns designed for Stratasys Neo 450 and Neo 800 stereolithography (SLA) 3D printers, and 4) AM Solutions (November 2024), to launch a post-processing system for Stratasys H350 SAF powder bed printer (PowderEase T1).