EDEN PRAIRIE, Minn.
and NEW YORK, Nov. 9, 2020
/PRNewswire/ -- Stratasys Ltd. (NASDAQ: SSYS) is now making
additive manufacturing even easier thanks to a new collaboration
with nTopology, an innovator of next-generation design and
engineering software. The two companies are providing a series of
accessible, customizable Design for Additive Manufacturing
workflows for their users, starting with the FDM Assembly
Fixture Generator.
Stratasys FDM® printers have become remarkably
powerful, supporting advanced materials like Nylon 12 Carbon Fiber
and reaching the levels of accuracy and reliability required for
use on commercial airplanes and even the International Space
Station. But designing with existing engineering software tools
still creates long lead times, slowing additive manufacturing's
march to pervasive adoption. The new Stratasys | nTopology
collaboration incorporates the expertise of Stratasys built on top
of the fast modeling, field-driven design, and reusable workflows
of nTopology's nTop Platform engineering software. With this
collaboration, Stratasys and nTopology are enabling the industry to
achieve true design for additive manufacturing, paving the way to
widespread manufacturing adoption.
The FDM Assembly Fixture Generator, which is the first of
several planned DfAM workflows, is designed to improve efficiency
and increase productivity on the factory floor. The FDM Assembly
Fixture Generator automates the design of jigs and fixtures and
enables engineers to quickly turn a part file into a ready-to-print
fixture with a simple drag-and-drop. It's available now via nTop
Platform.
"nTopology's software for additive design is a powerful pairing
with our additive manufacturing systems, so it was clear we should
work together," said Stratasys Senior Vice President of Products
and Solutions Pat Carey. "Our
analysis shows manufacturing applications are currently seeing the
most growth in our industry, from $2.8
billion in 2015 to $25 billion
in 2025, so we focused our first Collaboration on serving that
segment. Companies want to move faster – to be able to adapt to
change – and pure digital manufacturing gives them that
agility."
"We look forward to super-charging the Stratasys additive
community with nTop Platform by combining Stratasys expertise with
our powerful platform, giving both of our users improved designs
with faster time to manufacture," said nTopology Founder and CEO
Bradley Rothenberg. "Manufacturing
is going through the most profound shift it has seen in 100 years,
and the Stratasys | nTopology collaboration brings this unique
combined innovation to accelerate that shift."
The initial Fixture Generator is now available on the powerful
nTop Platform through a free trial as part of the new
collaboration. In addition to the workflow, Stratasys and nTopology
are also providing a variety of training videos and resources. More
information is available at www.stratasys.com/ntopology.
Stratasys is a global leader in additive
manufacturing or 3D printing technology and is the manufacturer of
FDM®, PolyJet™, and stereolithography 3D printers. The
company's technologies are used to create prototypes, manufacturing
tools, and production parts for industries, including aerospace,
automotive, healthcare, consumer products and education. For more
than 30 years, Stratasys products have helped manufacturers reduce
product-development time, cost, and time-to-market, as well as
reduce or eliminate tooling costs and improve product quality. The
Stratasys 3D printing ecosystem of solutions and expertise includes
3D printers, materials, software, expert services, and on-demand
parts production. Online at: www.stratasys.com.
To learn more about Stratasys, visit www.stratasys.com, the
Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys reserves
the right to utilize any of the foregoing social media platforms,
including the company's websites, to share material, non-public
information pursuant to the SEC's Regulation FD. To the
extent necessary and mandated by applicable law, Stratasys will
also include such information in its public disclosure filings.
nTopology, headquartered in New
York, is an engineering software company building the next
generation of engineering design tools for advanced manufacturing.
Their nTop Platform technology enables high-performance designs,
lightning-fast iterations, and geometric complexity that were
previously impossible to achieve. From its unbreakable modeling
technology and field-driven design to remixable workflows
guaranteeing repeatable outputs, nTop Platform empowers engineers
and designers to create optimized parts meeting functional and
performance requirements. Learn more at nTopology.
Note Regarding Forward-Looking Statements
The
statements in this press release relating to Stratasys' beliefs
regarding the benefits consumers will experience from the FDM
Fixture Generator® software are forward-looking statements
reflecting management's current expectations and beliefs. These
forward-looking statements are based on current information that
is, by its nature, subject to rapid and even abrupt change. Due to
risks and uncertainties associated with Stratasys' business, actual
results could differ materially from those projected or implied by
these forward-looking statements. These risks and uncertainties
include, but are not limited to: the risk that consumers will not
perceive the benefits of the FDM Fixture Generator® software to be
the same as Stratasys does ; the degree of growth of the 3D
printing market generally; the duration of the global COVID-19
pandemic, which, if extensive, may continue to impact, in a
material adverse manner, our operations, financial position and
cash flows, and those of our customers and suppliers; the impact of
potential shifts in the prices or margins of the products that we
sell or services that we provide, including due to a shift towards
lower-margin products or services; the impact of competition and
new technologies; potential further charges against earnings that
we could be required to take due to impairment of additional
goodwill or other intangible assets; to the extent of our success
at successfully consummating acquisitions or investments in new
businesses, technologies, products or services; potential changes
in our management and board of directors; global market,
political and economic conditions, and in the countries in which we
operate in particular (including risks related to the impact of
coronavirus on our operations, supply chain, liquidity, cash flow
and customer orders; costs and potential liability relating to
litigation and regulatory proceedings; risks related to
infringement of our intellectual property rights by others or
infringement of others' intellectual property rights by us; the
extent of our success at maintaining our liquidity and financing
our operations and capital needs; the impact of tax regulations on
our results of operations and financial condition; and other
risk factors set forth under the caption "Risk Factors" in
Stratasys' most recent Annual Report on Form 20-F, filed with the
Securities and Exchange Commission (SEC) on February 26th, 2020. Readers are urged to
carefully review and consider the various disclosures made
throughout our 2019 Annual Report and the Reports of Foreign
Private Issuer on Form 6-K that attaches Stratasys' unaudited,
condensed consolidated financial statements and its review of its
results of operations and financial condition, for the quarterly
periods ended March 31, 2020 and
June 30, 2020, which we furnished to
the SEC on May 14, 2020 and
August 5, 2020, respectively, and our
other reports filed with or furnished to the SEC, which are
designed to advise interested parties of the risks and factors that
may affect our business, financial condition, results of operations
and prospects. Any guidance provided, and other forward-looking
statements made, in this press release are made as of the date
hereof, and Stratasys undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by
law.
Stratasys, FDM, and FDM Fixture Generator are trademarks of
Stratasys Ltd. and/or its affiliates. nTopology and nTop are
trademarks of nTopology Corporation. All other trademarks are the
property of their respective owners, and Stratasys assumes no
responsibility with regard to the selection, performance, or use of
these non-Stratasys products.
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SOURCE nTopology