Stratasys, Ltd. (NASDAQ:SSYS), the 3D printing and additive manufacturing solutions company, today announced it is previewing demonstrations of next generation manufacturing technologies at IMTS 2016 as part of its SHAPING WHAT’S NEXT™ vision for manufacturing. SHAPING WHAT’S NEXT builds on Stratasys’ industrial FDM® 3D printing expertise to respond to the needs of customers’ most challenging applications, addressing manufacturers’ needs to rapidly produce strong parts ranging in size from an automobile armrest to an entire aircraft interior panel. The Stratasys ecosystem of additive and traditional technologies, software workflows, materials development, and professional services align with individual application needs, better meeting quality, cost, and delivery metrics while unlocking the capabilities of additive manufacturing to revolutionize how parts are designed and built.
The Stratasys technology demonstrators are being displayed at the Stratasys IMTS booth, N-60, September 12-17.
Stratasys Infinite-Build 3D Demonstrator Developed for Large Part Production in Custom OEM and On-Demand Aftermarket Applications
The Stratasys Infinite-Build 3D Demonstrator is designed to address the requirements of aerospace, automotive and other industries for large lightweight, thermoplastic parts with repeatable mechanical properties. The Infinite-Build 3D Demonstrator features a revolutionary approach to FDM extrusion that increases throughput and repeatability. The system turns the traditional 3D printer concept on its side to realize an “infinite-build” approach which prints on a vertical plane for practically unlimited part size in the build direction.
Aerospace giant Boeing played an influential role in defining the requirements and specifications for the demonstrator. Boeing is currently using an Infinite-Build 3D Demonstrator to explore the production of low volume, lightweight parts. Ford Motor Company is also exploring innovative automotive manufacturing applications for this demonstrator, and will evaluate this new technology. Ford andStratasys will work together to test and develop new applications for automotive-grade 3D printed materials that were not previously possible due to limited size, enabling and accelerating innovative automotive product design.
“Additive manufacturing represents a great opportunity for Boeing and our customers, so we made a strategic decision more than a decade ago to work closely with Stratasys on this technology. We are always looking for ways to reduce the cost and weight of aircraft structures, or reduce the time it takes to prototype and test new tools and products so we can provide them to customers in a more affordable and rapid manner. The Stratasys Infinite-Build 3D Demonstrator enables products to be made at a much larger and potentially unlimited length, offering us a breakthrough tool to add to our robust additive manufacturing processes,” said Darryl Davis, President, Boeing Phantom Works.
“3D printing holds the promise of changing automotive design and manufacturing because it opens up new ways to innovate and create efficiencies in production. Our vision at Ford is to make high-speed, high-quality printing of automotive-grade parts a reality. We are excited about the future opportunities that the scalable and versatile Infinite-Build concept can unlock, and look forward to collaborating with Stratasys to help achieve our goals,” said Mike Whitens, director, Vehicle Enterprise Sciences, Ford Research & Advanced Engineering.
Robotic Composite 3D Demonstrator Combines Stratasys Advanced Extrusion Technologies with Siemens’ Motion Control Hardware and PLM Software
Stratasys and Siemens have been working very closely together to further their shared vision of making 3D printing a viable and indispensable component of production manufacturing. As an example of this vision, Stratasys developed the Robotic Composite 3D Demonstrator integrating its core additive manufacturing technologies with industrial motion control hardware and design-to-3D printing software capabilities provided by Siemens. This Robotic Composite 3D Demonstrator is designed to revolutionize the 3D printing of composite parts.
In addition to widespread use in transportation industries like Automotive and Aerospace, industries such as Oil & Gas and Medical use composite materials to make strong yet lightweight structures. Unfortunately, composites production is constrained by labor-intensive processes and geometric limitations. The Robotic Composite 3D Demonstrator delivers true 3D printing by using an 8-axis motion system that enables precise, directional material placement for strength while also reducing dramatically the need for speed-hindering support strategies. This redefines how future lightweight parts will be built, and provides a glimpse into how this technology could be used to accelerate the production of parts made from a wide variety of materials.
“Siemens is pleased to support Stratasys in their innovative additive manufacturing initiatives, of which the Stratasys Robotic Composite 3D Demonstrator is one of the most promising. By working closely with Stratasys on motion control and CNC automation, Siemens is helping to create a flexible, multi-function manufacturing workflow that puts 3D printing firmly in the factory. We look forward to continuing to work with Stratasys to build manufacturing solutions that transform industries,” said Arun Jain, VP, Motion Control, Digital Factory US, Siemens.
“Stratasys is building on our success in manufacturing with applications such as manufacturing aids, injection molds and composite tooling, and leveraging our relationships with innovative industry leaders to further extend the applicability of additive manufacturing in demanding production environments,” said Ilan Levin, CEO, Stratasys. “We view the level of factory integration, automation, and performance monitoring potentially offered by these new demonstrators as catalysts for the transformation to Industry 4.0. Stratasys invites all visitors to IMTS to see these new technologies, as well as our field-proven industrial additive manufacturing solutions, in action.”
In addition to the Infinite-Build and Robotic Composite 3D Demonstrators being featured in technology demonstrations, at IMTS 2016 Stratasys will be showcasing examples of 3D printing applications used today by Stratasys customers all over the world for tooling and manufacturing processes, including 3D printed Jigs & Fixtures, Composite Tooling, Mold Tooling and Production Parts. (Original Source)
Shares of Stratasys closed yesterday at $22.53, up $0.13 or 0.58%. SSYS has a 1-year high of $32.52 and a 1-year low of $14.48. The stock’s 50-day moving average is $21.23 and its 200-day moving average is $22.32.
On the ratings front, Stratasys has been the subject of a number of recent research reports. In a report issued on August 5, Brean Murray Carret analyst Ananda Baruah reiterated a Hold rating on SSYS. Separately, on August 4, Piper Jaffray’s Troy Jensen maintained a Hold rating on the stock and has a price target of $23.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Ananda Baruah and Troy Jensen have a total average return of 1.5% and 10.5% respectively. Baruah has a success rate of 55.8% and is ranked #1214 out of 4123 analysts, while Jensen has a success rate of 56.8% and is ranked #288.
The street is mostly Neutral on SSYS stock. Out of 6 analysts who cover the stock, 3 suggest a Hold rating , 2 suggest a Sell and one recommends to Buy the stock. The 12-month average price target assigned to the stock is $23.00, which represents a slight upside potential from current levels.
Stratasys Ltd. engages in the provision of additive manufacturing solutions for the production of parts used in the process of designing and manufacturing products for the manufacturer of end parts. Its systems include desktop 3D printers for idea and design development, various systems for rapid prototyping and large production systems for direct digital manufacturing. It also develops, manufactures and sells materials for use with its systems and provides related service offerings to its customers.