News
Stratasys Announces $120 Million Investment by Private Equity Fund
Suffice to say, it has not been the smoothest sailing for the 3D printing market in the past year or so. This has particularly been the case for some of the largest companies in the sector, who have faced layoffs…
- 3 min read
- News
- Six more stories
Suffice to say, it has not been the smoothest sailing for the 3D printing market in the past year or so. This has particularly been the case for some of the largest companies in the sector, who have faced layoffs and a turbulent stock market. There does however seem to be some hope on the horizon. Stratasys has announced an investment of $120 million by Fortissimo, or an acquisition of approximately 14% of its issued and outstanding ordinary shares.
To understand the magnitude of this announcement, it is first necessary to look at the tumultuous year from Stratasys in 2024. In September, the 3D printer manufacturer announced that it would be laying off about 15% of its global workforce. Adding to that, the company has been embroiled in a patent infringement lawsuit against Bambu Lab since August.
Stratasys HQ in Israel (photo credits: Amit Geron)
This has left many wondering about the stability and future of Stratasys, which has always been one of the leaders in the additive manufacturing market, especially with weak sales for industrial-grade material extrusion 3D printers by Q3 of 2024. Now, it seems that we have our answer.
More from the desk
Six other notes from the rest of the bench.
ApplicationsCORAL: A 3D Printed Ingestible Capsule to Sample Your Gut MicrobiomeThe gut microbiome is a complex ecosystem of bacteria, viruses, fungi and parasites that resides in the intestines. Shaped by both diet and environment, each person’s microbiome is unique. This ecosystem interacts with the digestive, immune, nervous and endocrine systems,…
NewsEssentium’s latest survey: what is the future of industrial 3D printing?The study from Dimensional Research, sponsored by Essentium looks into the practical experiences of stakeholders who have invested into 3D printing for manufacturing, beyond simple prototyping. Although the 3D technology has a tremendous potential, the industry has been rather sl
PrintersFELIX 3D printers Unveils Modular Industrial 3D Printers Built for Customization and SpeedIn industrial 3D printing, scale and standardization often go hand in hand. But since its founding in 2011, FELIX 3D printers has built its reputation on a different principle: adaptability. The Dutch manufacturer’s modular approach has allowed it to create…
NewsTop 5 Videos: Cobra Puma Golf Talks Using AM in Consumer GoodsWelcome to our compilation of this week’s most compelling 3D printing highlights. We kick off this week’s edition with our very own video featuring Cobra Puma Golf, showcasing how the company uses additive manufacturing to produce consumer goods. Additionally, Ryan&he
NewsDOE Puts $45 Million Toward Additive Manufacturing InnovationOn the same day as the Biden-Harris administration’s launch of the American Climate Corps, a modern environmental reimagining of the New Deal-era Civilian Conservation Corps (CCC), the US Department of Energy announced a similarly green initiative. The DOE has outlined&hell
NewsTop 5 Videos: India’s First 3D Printed BridgeWelcome to our compilation of this week’s most compelling 3D printing highlights. This week’s edition begins with an exciting showcase from IIT Hyderabad, unveiling India’s first 3D printed bridge. Next up, AI Waves Channel provides an in-depth look at how&helli