ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

FARO Technologies Pushes 3D Metrology Forward with New FARO Leap ST

Lake Mary, Fla, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO) has entered a new category of handheld scanning with the launch of FARO Leap ST®. The new handheld solution expands the company’s product portfolio, making FARO one of the few companies offering customers a complete range of portable 3D metrology devices. It strengthens FARO’s presence across the manufacturing sector, where speed, accuracy, and throughput are key. FARO paired this launch with an update to its FARO CAM2® Software, for a simple and effective way to scan parts.    

“We wrapped up 2024 with a series of exciting new product launches, and we’re kicking off 2025 with the same momentum,” said FARO President & CEO Peter J. Lau. “Leap ST underscores our dedication to the manufacturing sector and 3D metrology, the backbone of FARO Technologies for over 40 years. Along with our updated CAM2 software, we’re confident that Leap ST will significantly impact our customers and the wider industry.” 

Leap ST features five powerful operating modes: ultra-fast scanning, hyperfine scanning, deep hole scanning, large area scanning, and photogrammetry. As a metrology-grade tool, it excels at measuring and verifying a variety of surfaces and parts. The design is compact, portable, and suitable for multiple industries and applications. 

Additionally, FARO enhanced its 3D metrology software offerings with the update of CAM2. The software now includes five tailored versions that address specific manufacturing measurement requirements. CAM2 now offers options for scanning devices and probing devices, as well as a hybrid approach that integrates probing and scanning for solutions such as the FaroArm with laser line probes.  

RFK Racing, an existing FARO customer and eight-time NASCAR champion praised Leap ST. “The new handheld scanner will seamlessly integrate into our processes, further boosting our manufacturing efficiency,” said Kevin Kidd, Director of Software and Analytics. “The unification of FARO data in CAM2, a software we’ve already adopted, will allow us to streamline information into one cohesive and connected system." 

Leap ST and CAM2 are now available in all regions; customers can book a demonstration on FARO.com

About FARO 
For more than 40 years, FARO has provided industry-leading technology solutions that enable customers to measure their world and then use that data to make smarter decisions faster. FARO continues to be a pioneer in bridging the digital and physical worlds through data-driven, reliable accuracy, precision, and immediacy. For more information, visit www.faro.com. 

Attachment


Amanda Hidalgo
FARO Technologies, Inc.
+1 (816) 394-8523
amanda.hidalgo@faro.com
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.