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07.06.2024

Stratasys: Expanded Materials and Technology Updates

Stratasys Ltd. is announcing updates to several Industrial and Healthcare Business Unit products and Stratasys Direct. These include a new open platform for the F900™ 3D printer, more on-demand 3D printing capabilities and a new high-performance material for its Fused Deposition Modeling line.

OpenAM comes to the F900
Stratasys OpenAM™ is a software application that enables the user to modify machine controls to achieve results beyond standard print settings. Already available for the Fortus 450®mc printer, Stratasys is now making its OpenAM software available for the F900 printer. This will allow for expanded functionality and capabilities and will unlock new materials for F900 users.

Stratasys Ltd. is announcing updates to several Industrial and Healthcare Business Unit products and Stratasys Direct. These include a new open platform for the F900™ 3D printer, more on-demand 3D printing capabilities and a new high-performance material for its Fused Deposition Modeling line.

OpenAM comes to the F900
Stratasys OpenAM™ is a software application that enables the user to modify machine controls to achieve results beyond standard print settings. Already available for the Fortus 450®mc printer, Stratasys is now making its OpenAM software available for the F900 printer. This will allow for expanded functionality and capabilities and will unlock new materials for F900 users.

New VICTREX AM 200 material for FDM
A new material offering that opens the application potential for demanding industries like aerospace and medical, where material properties are critical components of a 3D-printed solutions. This new high-performance, high-strength, validated material, VICTREX AM™ 200, will be available for the Fortus 450mc and the F900. VICTREX AM 200 is a PEEK-based polymer that is temperature, corrosion, and chemical resistant, with excellent mechanical properties which can be utilized with soluble and breakaway support material.

Carbon Fiber Visual Print Option for the F-Series
Carbon Fiber Visual Print Option is a new 5-slice (0.005”) layer height across the F-123 Series™ line of printers that is coming later this month for FDM®ABS-CF10. It produces a smoother surface finish, to provide the perfect finish when a part’s visual appearance is important to the application. It is built for applications that demand the durability of a carbon-filled polymer, but also requires a visually appealing result without additional post-processing.

F770 adds New Colors
The F770® printer can now print in multiple colors, in addition to its original single ivory color. Six new ASA colors, including red, white, light gray, black, blue, and yellow, will allow for more application versatility with FDM® ASA and ABS-M30 tried-and-true engineering plastics. The new colors enable printing without painting or other post-production marking, allowing parts to be available much faster, increasing productivity.

Somos NeXt Validated for SLA
Somos® NeXt™ is now a validated material for Stratasys NEO® stereolithography 3D printers. Somos NeXt is a resin with superior strength and can be used in automotive and consumer products, along with other applications, including prototyping, to produce durable, accurate and detailed parts.

New GrabCAD Software Print Integration Enhances On-Demand 3D Printing Capabilities
Stratasys has introduced Parts on Demand by GrabCAD, a new integration that synchronizes the company's software platform with Stratasys Direct. This addition allows GrabCAD Print™ customers to access Stratasys Direct’s fleet of 3D printers, allowing for larger and more intricate designs, a selection of more than 50 engineered materials, and the assurance of stringent quality inspections.

Source:

Stratasys Ltd.

31.05.2024

Stratasys: First Quarter 2024 Financial Results

Stratasys Ltd., a company in polymer 3D printing solutions, announced their financial results for the first quarter 2024.

First Quarter 2024 Financial Results Compared to First Quarter 2023:

Stratasys Ltd., a company in polymer 3D printing solutions, announced their financial results for the first quarter 2024.

First Quarter 2024 Financial Results Compared to First Quarter 2023:

  • Revenue of $144.1 million compared to $149.4 million.
  • GAAP gross margin of 44.4%, compared to 43.8%.
  • Non-GAAP gross margin of 48.6%, compared to 47.3%.
  • GAAP operating loss of $24.5 million, compared to an operating loss of $16.8 million.
  • Non-GAAP operating loss of $1.2 million, compared to non-GAAP operating income of $1.5 million.
  • GAAP net loss of $26.0 million, or $0.37 per diluted share, compared to a net loss of $22.2 million, or $0.33 per diluted share.
  • Non-GAAP net loss of $1.7 million, or $0.02 per diluted share, compared to non-GAAP net income of $1.1 million, or $0.02 per diluted share.
  • Adjusted EBITDA of $4.1 million, compared to $7.0 million.
  • Cash generated by operating activities of $7.3 million, compared to cash used by operating activities of $17.9 million in the year-ago quarter.

2024 Financial Outlook:
Based on current market conditions and assuming that the impacts of global inflationary pressures, relatively high interest rates and supply chain costs do not impede economic activity further, the Company is reiterating its outlook for 2024 as follows:

  • Full-year revenue of $630 million to $645 million.
  • Compare to 2023 revenue of approximately $616 million excluding divestments and annualizing Covestro.
  • Full-year non-GAAP gross margins of 49.0% to 49.5%, improving sequentially throughout the year.
  • Full-year operating expenses in the range of $292 million to $297 million.
  • Full-year non-GAAP operating margins in a range of 2.5% to 3.5%.
  • GAAP net loss of $88 million to $72 million, or ($1.24) to ($1.01) per diluted share.
  • Includes one-time extraordinary costs associated with Stratasys’ strategic alternatives process.
  • Non-GAAP net income of $9 million to $14 million, or $0.12 to $0.19 per diluted share.
  • Adjusted EBITDA of $40 million to $45 million.
  • Capital expenditures of $20 million to $25 million.
  • Positive cash flow from operating activities.

Non-GAAP earnings guidance excludes $29 million to $31 million of share-based compensation expense, $26 million to $28 million of projected amortization of intangible assets, and reorganization and other expenses of $29 million to $35 million. Non-GAAP guidance includes tax adjustments of $2 million to $3 million on the above non-GAAP items.

Source:

Stratasys Ltd.

Wedding Dress Design with Stratasys’ 3DFashion Technology (c) Stav Peretz
12.07.2023

Wedding Dress Design with Stratasys’ 3DFashion Technology

Ada Hefetz, an Israel-based wedding dress designer, has introduced a new attention-grabbing collection with intricate, showstopping elements produced using Stratasys’ advanced direct-to-textile 3D printing technology. Showcased recently at Milan Design Week, the three unique dresses are based on Hefetz’s Flower of Life theme and were produced using Stratasys’ 3DFashion™ technology as part of her latest series celebrating matrimonial union, the circle of life, and design.

Known for designing haute couture bridal dresses combining vintage style and classic modern chic, Ada Hefetz is renowned for constantly pushing the boundaries of design. This is her first completed project using 3D printing.

Ada Hefetz, an Israel-based wedding dress designer, has introduced a new attention-grabbing collection with intricate, showstopping elements produced using Stratasys’ advanced direct-to-textile 3D printing technology. Showcased recently at Milan Design Week, the three unique dresses are based on Hefetz’s Flower of Life theme and were produced using Stratasys’ 3DFashion™ technology as part of her latest series celebrating matrimonial union, the circle of life, and design.

Known for designing haute couture bridal dresses combining vintage style and classic modern chic, Ada Hefetz is renowned for constantly pushing the boundaries of design. This is her first completed project using 3D printing.

The wedding dresses feature complex geometrical shapes, depicting the ‘Flower of Life’, a sacred geometry dating back to ancient Egypt. The intricate pattern is composed of overlapping circles that intersect to form flowers, which Ada Hefetz has combined with her design of a lily to symbolize the union between two individuals and the circle of life. The inspiring design uses Stratasys’ translucent VeroVivid™ resin material with Stratasys’ J850™ TechStyle™ 3D printer, which can be printed in over 500,000 unique colors with varying levels of flexibility, simulating different textures and finishes.

Ada Hefetz’s Flower of Life-themed 3D printed wedding dresses are currently on display at Milan’s D-House Urban Laboratory, which is owned and managed by Dyloan, the leading Italian manufacturer serving the high-end fashion sector.

More information:
Stratasys 3D printing materials
Source:

Stratasys

26.04.2023

STFI: Bionanopolis Open Call to support companies

The international association that will manage the Single-Entry-Point (SEP) of the BIONANOPOLYS project has been formally constituted and will be able to support companies across the European Union in the market introduction of bionanomaterials through technical, legal, regulatory, safety, economic and financial support services.

The SEP was established as an AISBL (non-profit entity) on 17 February 2023 in the framework of the European project BIONANOPOLYS, funded by the Horizon 2020 programme. The technical director of ITENE and coordinator of this project, Carmen Sánchez, is the president of this association in which representatives of other project partners also act as directors. Specifically, the CTP (Centre Technique du Papier) from France; CIDAUT (Fundación para la Investigación y Desarrollo en Transporte y Energía), from Spain; CENTI (Centre for Nanotechnology and Smart Materials), from Portugal, and the law firm Gil & Robles - San Bartolome & Associés, from Luxembourg.

The international association that will manage the Single-Entry-Point (SEP) of the BIONANOPOLYS project has been formally constituted and will be able to support companies across the European Union in the market introduction of bionanomaterials through technical, legal, regulatory, safety, economic and financial support services.

The SEP was established as an AISBL (non-profit entity) on 17 February 2023 in the framework of the European project BIONANOPOLYS, funded by the Horizon 2020 programme. The technical director of ITENE and coordinator of this project, Carmen Sánchez, is the president of this association in which representatives of other project partners also act as directors. Specifically, the CTP (Centre Technique du Papier) from France; CIDAUT (Fundación para la Investigación y Desarrollo en Transporte y Energía), from Spain; CENTI (Centre for Nanotechnology and Smart Materials), from Portugal, and the law firm Gil & Robles - San Bartolome & Associés, from Luxembourg.

The BIONANOPOLYS SEP will reduce the risks and barriers to the commercial exploitation of bio-based materials and polymeric bionanocomposites with nanotechnology and accelerate market penetration and innovation processes. SMEs, large companies, and potential customers who are users of the BIONANOPOLYS OITB (Open Innovation Test Bed) will be able to access the services offered by the project partners through this entity, which will act as a one-stop shop, at affordable costs and conditions.

The test bed consists of 14 enhanced pilot plants and complementary services to support technological and commercial breakthroughs. Collaboration between all the partners that make up BIONANOPOLYS and access through the SEP allows joint access to all the services offered by the partners and helps to drive collaborative open innovation.

Call for access to the BIONANOPOLYS OITB
The SEP and the project partners will be in charge of evaluating the projects submitted to the BIONANOPOLYS platform once the open call launched last February to select five projects from different European countries that will be able to access its services free of charge to develop, test or scale-up bionanomaterials in the BIONANOPOLYS OITB closes.

Companies wishing to access the services to develop or test nanomaterials can submit their applications until 30 April.

The BIONANOPOLYS test bed could benefit companies involved in the production of biopolymers, cellulose paper, nonwovens, foams, or coatings, as well as the packaging, agriculture, food, cosmetics, pharmaceuticals, hygiene, textiles and 3D printing sectors.

Source:

Sächsisches Textilforschungsinstitut e.V. (STFI)

Mimaki supports Printers Worldwide in Global Innovation Days Event (c) EMEA, Mimaki Europe B.V
17.06.2021

Mimaki supports Printers Worldwide in Global Innovation Days Event

Mimaki held their global event Innovation Days (2-4 June 2021) to great success. The event brought together printers, journalists and experts from Mimaki Japan, USA and Europe, to nurture innovation in the sign graphics, industrial, textile and 3D markets and drive success within the industry. The global event also introduced the market to Mimaki’s recent product releases, the JFX550, JFX600 and SUJV-160.

In a week of webinars, workshops, demonstrations, and networking events, over 1,300 attendees from all across the world logged in to participate, with the demonstration of UJV100 and JV100 printers, 3D printing workshop and car wrap workshop being the most popular events. As a first of its kind for Mimaki, visitors were able to speak with regional Mimaki representatives, gaining greater insight into the global printing industry as it recovers from the COVID-19 pandemic.

Mimaki held their global event Innovation Days (2-4 June 2021) to great success. The event brought together printers, journalists and experts from Mimaki Japan, USA and Europe, to nurture innovation in the sign graphics, industrial, textile and 3D markets and drive success within the industry. The global event also introduced the market to Mimaki’s recent product releases, the JFX550, JFX600 and SUJV-160.

In a week of webinars, workshops, demonstrations, and networking events, over 1,300 attendees from all across the world logged in to participate, with the demonstration of UJV100 and JV100 printers, 3D printing workshop and car wrap workshop being the most popular events. As a first of its kind for Mimaki, visitors were able to speak with regional Mimaki representatives, gaining greater insight into the global printing industry as it recovers from the COVID-19 pandemic.

A stand-out attraction of the event was the recently released 100 Series, which is priced affordably to allow printers entry into different markets, as many look to expand their portfolio in these uncertain times. The new JFX600-2513 and JFX550-2513, which debuted a few weeks prior at virtual drupa, similarly are higher end but still affordable printers, when compared to other large format UV flatbed machines in its class. 3D full colour print technology also featured heavily in the event, as Mimaki explored the exciting propositions it opens up in different markets and how the brand continues to extend the reach and accessibility of cutting-edge 3D technologies with its upcoming 3DUJ-2207 printer.

Mr. Kazuaki Ikeda, President of Mimaki Engineering commented, “I’d like to extend my thanks to everyone who joined us during this exciting new virtual event. During the pandemic, carrying on innovating has been central to Mimaki’s objectives, with eight new products having been released since October, and even more scheduled to come out over the course of this year. I hope that we can soon all meet at in-person events, once it’s safe to do so, but until then I’m excited to see the results of the continued collaboration and innovation of print industry that we saw in our Innovation Days event.”

Source:

EMEA, Mimaki Europe B.V