Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, today introduced GrabCAD Print™ for the SAF™-powered Stratasys H350™ 3D printer. The enhanced version of GrabCAD Print, in combination with the H350, gives users the power to scale their additive manufacturing to production levels.
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GrabCAD Print for the H350 is built on the recently introduced GrabCAD Additive Manufacturing Platform which enables two-way connectivity between 3D printers, additive manufacturing and enterprise applications, and broader Industry 4.0 infrastructure. (Graphic: Business Wire)
Stratasys recently introduced the GrabCAD® Additive Manufacturing Platform, which enables two-way connectivity between 3D printers, additive manufacturing and enterprise applications, and broader Industry 4.0 infrastructure. The open and enterprise-ready platform brings together GrabCAD applications and third-party GrabCAD Software Partners via the GrabCAD Software Development Kit (SDK). This is designed to allow manufacturers to manage their production-scale additive manufacturing operations across the entire digital thread – from design through production.
GrabCAD Print for the H350 ensures that the end-to-end workflow from digital design to physical part across the manufacturing enterprise is easy, accessible, affordable and connected. The software has been upgraded to provide advanced print capabilities that give users the ability to stack and nest parts automatically or manually to maximize packing density and print hundreds to thousands of parts in a single build volume. Further, because the application is built on the GrabCAD Additive Manufacturing Platform, Stratasys H350 users have access to additional core applications like GrabCAD Print Mobile, GrabCAD Shop™, reporting and analytics, and machine connectivity which will allow them to easily integrate their H350 with enterprise systems and Software Partner solutions.
“As more and more customers ramp up their additive manufacturing operations to production levels it’s important that we provide them with a software solution to allow them to do so easily,” said Victor Gerdes, Director of Product Strategy for Stratasys. “When combined with the H350, GrabCAD print is helping customers reach not only their production goals, but their Industry 4.0 objectives as well.”
GrabCAD Print is available for H350 3D printer beta users today, an annual software license of can be purchased for $7,999 USD.
Introduced in mid-2021 and shipping in Q4 2021, the SAF™-powered Stratasys H350 3D printer is specifically designed to give manufacturers production consistency, a competitive and predictable cost per part, and complete production control for volumes up to thousands of parts.
Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.
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.
Stratasys, H350, SAF, GrabCAD, GrabCAD Print and GrabCAD Shop are trademarks or registered trademarks of Stratasys Ltd. and/or its affiliates. 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.
Note Regarding Forward-Looking Statement
The statements in this press release, including those related to Stratasys’ beliefs regarding the benefits consumers will experience from using the Stratasys H350 and GrabCAD Print for the H350 and the expected availability dates for such offerings 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 degree of our success at introducing new or improved products and solutions that gain market share; 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 March 1st, 2021. Readers are urged to carefully review and consider the various disclosures made throughout our 2020 Annual Report 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.
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