Acquisition Rumors About MakerBot Aside, 3-D Printing Poised to Grow (XConomy)
A hornet’s nest of gossip buzzed up over the weekend about alleged talks between desktop 3-D printer producer MakerBot Industries in Brooklyn and Minnesota’s Stratasys, Ltd. (NASDAQ:SSYS). Though neither company will comment, the rampant speculation about an acquisition deal speaks to the fast rise of 3-D printing. Zack Schildhorn, vice president and director of operations with New York’s Lux Capital, says 3-D printing, which has been around for decades, is catching on gradually with the public.
New 3-D Printing Company Is Out of This World (DailyFinance)
Up until now, most suggestions that “3-D printing” technology is the 21st century equivalent of Star Trek tech — a reference to the famed television series’ food-and-goods “replicator” device — have been a bit exaggerated. You can’t really walk up to a Stratasys, Ltd. (NASDAQ:SSYS) 3-D printer and ask it to make you a cup of “tea, Earl Grey, hot.” Not yet, anyway. But you’ve got to hand it to companies like Stratasys, Ltd. (NASDAQ:SSYS), and its archrival 3D Systems Corporation (NYSE:DDD), and their more famous rival MakerBot (featured on The Colbert Report) — they’re making progress.
Stratasys 3D Printing Innovation Takes Gold Medal At Concours Lépine Awards (JewishBusinessNews)
Stratasys, Ltd. (NASDAQ:SSYS), the manufacturer of 3D printers and production systems for prototyping and manufacturing, announced that it has received a coveted Gold Award at this year’s Concours Lépine International Inventions Exhibition, held recently within the Foire de Paris event, in France. Stratasys, Ltd. (NASDAQ:SSYS) was awarded the Gold Medal after the company submitted a patent for a breakthrough pseudo composite material which offers innovative benefits in the manufacture of 3D printed parts and prototypes. Using Stratasys, Ltd. (NASDAQ:SSYS)’ highly precise PolyJet technology, the pseudo composite material, which boasts a multi-phase structure and pre-designed properties — including mechanical, thermo-mechanical, acoustical, optical and electrical, enables the design and formation of numerous combinations of materials.
Stratasys Shares Unlocked; 3D Printer Stocks Fall (Investors)
Shares of 3D printer stocks fell Monday, though the only news was that a large block of Stratasys, Ltd. (NASDAQ:SSYS) shares became available for trading Monday. About 14 million shares of Stratasys held by insiders that were used in its purchase of Objet in December were released from a lock-up period June 1. Shares of Stratasys, Ltd. (NASDAQ:SSYS) in late afternoon trading Monday were down more than 7%. Rival 3D Systems Corporation (NYSE:DDD) was down nearly 7% in the stock market, while shares of ExOne Co (NASDAQ:XONE) were down 9.5%