Stratasys to Acquire Outstanding Stake in Xaar 3D to Accelerate Production-Scale Additive Manufacturing Capabilities

Date-06/10/2021

Stratasys to Acquire Outstanding Stake in Xaar 3D to Accelerate Production-Scale Additive Manufacturing Capabilities

Stratasys Ltd. (NASDAQ: SSYS), a forerunner in polymer 3D printing arrangements, declared today it has procured all excess portions of Xaar 3D Ltd. from Xaar plc (LON: XAR), speeding up the organization’s development underway scale 3D printing. Stratasys recently possessed a 45% stake in Xaar 3D.In April 2021, Stratasys presented the Stratasys H350™ 3D printer, the primary framework controlled by Xaar 3D’s powder-based SAF™ innovation. Addressing the zenith of over 10 years of innovative work, SAF-based 3D printers are intended to convey cost-serious parts at creation level throughput. Since the declaration, the H350 has been effectively introduced at Stratasys Direct Manufacturing and different beta client destinations in Europe and the U.S., with general accessibility expected before the finish of this current year.

“We are focused on being the main supplier of creation scale polymer 3D printing for our clients as added substance fabricating keeps on changing enterprises all throughout the planet,” said Stratasys CEO Dr. Yoav Zeif. “The H350 printer and SAF innovation are key to that mission, giving us an incredible stage for addressing the necessities of clients in businesses like business products, auto, customer merchandise, and buyer gadgets. Clients let us know this present innovation’s predictable presentation at higher volumes assists them with developing their organizations and gives them a huge upper hand. We are eager to invite the extraordinary group of trend-setters from Xaar 3D to the Stratasys family.”

Stratasys logo

H Series™ Production Platform printers, for example, the H350 are intended to convey part quality, consistency, and dependability that guarantees consumer loyalty and high creation yield. Utilizing SAF innovation, the printers execute key 3D printing steps a similar way across the print bed to give a uniform warm encounter – and in this way part consistency – for all printed parts paying little mind to their position in the form. This addresses a huge improvement over conventional powder-bed combination measures.

H Series printers are additionally intended for creation control. Utilizing numerous on-board sensors, fabricate information is logged for measure recognizability and remains completely under client control. Materials can be controlled, followed, and followed, and print settings can be adjusted for every client’s requirements. The Xaar 3D group will join Stratasys to keep driving the improvement of the H Series stage and SAF innovation.

“We outlined Xaar 3D on the explanation that we could help existing powder bed advancement take a huge leap forward, and that is what’s happening record of SAF development,” said Ronen Cohen, General Manager of Xaar 3D Ltd. “We have had the alternative to basically deal with warm organization for more unsurprising and reliable parts while giving customers the creation control they need. As a part of Stratasys, we will continue to rapidly impel H Series 3D printer progression while using Stratasys’ worldwide go-to-exhibit system and blue-chip customer associations with enable extra customers to benefit from SAF-controlled added substance creating.”

Stratasys to Acquire Outstanding Stake in Xaar 3D to Accelerate Production-Scale Additive Manufacturing Capabilities

Stratasys is driving the worldwide shift to added substance fabricating with creative 3D printing answers for enterprises like aviation, car, customer items and medical care. Through savvy and associated 3D printers, polymer materials, a product environment, and parts on request, Stratasys arrangements convey upper hands at each stage in the item esteem chain. The world’s driving associations go to Stratasys to change item configuration, carry spryness to assembling and supply chains, and work on understanding consideration.

To more deeply study Stratasys the Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys claims all authority to use any of the previous online media stages, including the organization’s sites, to share material, non-public data compliant with the SEC’s Regulation FD. To the degree vital and ordered by material law, Stratasys will likewise remember such data for its public exposure filings.

 

Recent Posts