Stratasys
Public NASDAQ: SSYS | |
Industry | Digital printing |
Founded | 1989 |
Founder | S. Scott Crump |
Headquarters | Eden Prairie, Minnesota, United States |
Key people
|
S. Scott Crump (Chairman) David Reis (CEO) |
Products | 3D printers Rapid prototyping solutions Direct digital manufacturing solutions |
Revenue | US$ 696.0 Million (2015) |
US$ 29.01 million (2011) | |
US$ 20.63 million (2011) | |
Number of employees
|
2800 (2015) |
Subsidiaries | Objet Geometries FORTUS RedEye On Demand Dimension Printing Solidscape MakerBot GrabCAD |
Website | www.stratasys.com |
Stratasys, Ltd. is a manufacturer of 3D printers and 3D production systems for office-based rapid prototyping and direct digital manufacturing solutions.[1] Engineers use Stratasys systems to model complex geometries in a wide range of thermoplastic materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC) and ULTEM 9085.
Stratasys manufactures in-office prototyping and direct digital manufacturing systems for automotive, aerospace, industrial, recreational, electronic, medical and consumer product OEMs.[2]
Contents
History
Stratasys was founded in 1989, by S. Scott Crump and his wife Lisa Crump in Eden Prairie, Minnesota. The idea for the technology came to Crump in 1988 when he decided to make a toy frog for his young daughter using a glue gun loaded with a mixture of polyethylene and candle wax. He thought of creating the shape layer by layer and of a way to automate the process. In April 1992, Stratasys sold its first product, the 3D Modeler.[3]
In October 1994, Stratasys had an initial public offering on NASDAQ; the company sold 1.38 million shares of common stock at $5 per share, netting approximately $5.7 million.[4]
In January 1995, Stratasys purchased IBM's rapid prototyping intellectual property and other assets and employed 16 former IBM engineers, who had been developing a small 3-D printer that relied on an extrusion system very similar to Crump's patented fused deposition modeling (FDM) technology.[5]
In 2003, Stratasys fused deposition modeling (FDM)[6] was the best-selling rapid prototyping technology.[7] FDM is a process that the company patented, which is used to produce three-dimensional parts directly from 3D CAD files layer-by-layer for use in design verification, prototyping, development and manufacturing.
In 2007, Stratasys supplied 44% of all additive fabrication systems installed worldwide, making it the unit market leader for the sixth consecutive year.[8]
In January 2010, Stratasys signed an agreement with HP to manufacture HP-branded 3D printers.[9] In August 2012, the HP manufacturing and distribution agreement was discontinued.
In May 2011, Stratasys announced that they had acquired Solidscape, a leader in high-precision 3D printers for lost wax casting applications.[10]
In 2012, an unrelated project to produce a working firearm by 3D printing was intended to use a Stratasys printer. Stratasys refused to permit this and withdrew its license for use of the printer, citing that it did not allow its printers "to be used for illegal purposes".[11][12]
Merger with Objet
On April 16, 2012, Stratasys announced that it agreed to merge with privately held Objet Ltd., a leading manufacturer of 3D printers based in Rehovot, Israel, in an all-stock transaction. Stratasys shareholders were expected to own 55 percent of the combined company, and Objet shareholders would own 45 percent. The merger was completed on December 3, 2012; the market capitalization of the new company was approximately $3.0 billion.[13]
Acquisition of MakerBot, Solid Concepts and Harvest Technologies
On June 19, 2013, MakerBot Industries announced that it was purchased by Stratasys for $403 million.[14]
On April 2, 2014, Stratasys announced that they had entered into definitive agreements to acquire Solid Concepts and Harvest Technologies, which will be combined with RedEye, its existing digital manufacturing service business, to establish a single additive manufacturing services business unit.[15] The acquisition was finalized on July 15, 2014.[16]
3D Car Production Systems
Electric cars can be built and tested in one year with Stratasys Objet1000.[17]
Urbee
Urbee[18] is the name of the first car in the world car mounted using the technology 3D printing (his bodywork and his car windows were "printed"). Created in 2010 through the partnership with the Canadian engineering group KOR Ecologic[19] it is a hybrid vehicle with futuristic look.[20][21][22]
See also
- List of notable 3D printed weapons and parts
- List of 3D printer manufacturers
- Digital fabricator
- Open Design Alliance and .dwg
- STL
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Stratasy company history, Funding Universe
- ↑ Stratasys, Inc. (Nasdaq: SSYS) announce an initial public offering of 1,200,000 shares of its Common Stock; PRNewswire, 20 Oct 1994
- ↑ Stratasys purchases IBM's rapid prototyping technology; PRNewswire, 3 Jan 1995
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Stratasys and HP join forces to make 3D printers; Shapeways, January 19. 2010
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Stratasys and Objet Complete Merger; BusinessWire, December 3, 2012
- ↑ [1];BusinessWire, June 19, 2013
- ↑ [2];MarketWatch, April 2, 2014
- ↑ [3]; CNBC.com, July 15, 2014
- ↑ Revolutionary New Electric Car Built and Tested in One Year with Objet1000 Multi-material 3D Production System
- ↑ Stratasys 3D Printers Build Urbee, First Prototype Car to Have Entire Body Created with an Additive Process
- ↑ KOR Ecologic
- ↑ tecmundo.com.br/ Conheça o Urbee, primeiro carro a ser fabricado com uma impressora 3D]
- ↑ The "Urbee" 3D-Printed Car: Coast to Coast on 10 Gallons Truthout
- ↑ 3D Printed Car Creator Discusses Future of the Urbee