Stratasys enters metal 3D printing market with Tritone investment

MINNETONKA, Minn. - Stratasys Ltd. (NASDAQ:SSYS) has invested in metal 3D printing company Tritone Technologies, marking its expansion beyond polymer additive manufacturing into the metal sector, according to a press release statement issued Monday. The move comes as Stratasys, currently valued at approximately $762 million, trades near its 52-week low of $8.36 at $8.95 per share. According to InvestingPro data, the company holds more cash than debt on its balance sheet, providing financial flexibility for strategic investments like this one.

The agreement gives Stratasys an initial minority stake in Tritone, with options to increase its ownership in the future. The investment was part of a funding round that included Discount Capital and Fortissimo Capital.

Stratasys CEO Dr. Yoav Zeif said the move responds to requests from customers in government, defense, and aerospace sectors who have asked the company to complement its polymer offerings with metal solutions.

"After a long search, we found Tritone to offer a unique combination of part quality, cost-efficiency, with a sustainable business model built around consumables and services," Zeif stated.

Tritone, established in 2017 by industry veterans including CEO Ofer Ben Zur, provides metal and ceramic additive manufacturing solutions using its proprietary MoldJet technology. The company's powder-free manufacturing process enables production of complex geometric parts with high density and industry-standard mechanical properties.

The commercial agreement between the companies includes support for Tritone's reseller network and leveraging sales and marketing synergies.

Hanoch Papoushado, Chief Investment Officer at Discount Capital, described the partnership as creating "an exceptional opportunity" that would accelerate growth and deliver value to the market.

The investment expands Stratasys' total addressable market by adding metal and ceramic capabilities to its existing polymer-based 3D printing solutions, positioning the company as a more comprehensive provider of additive manufacturing technologies.

In other recent news, Stratasys Ltd reported its third-quarter 2025 earnings, which fell short of analysts' expectations. The company announced an earnings per share (EPS) of $0.02, significantly lower than the anticipated $0.09, representing a 77.78% negative surprise. Revenue also missed forecasts, coming in at $137 million compared to the expected $143.85 million, a shortfall of 4.76%. Despite these results, Cantor Fitzgerald maintained its Overweight rating on Stratasys, raising the price target slightly from $13.00 to $13.50. The firm noted that while the company's results were largely in line with expectations, macroeconomic challenges and tariffs have impacted capital equipment spending and gross margins. These developments reflect ongoing challenges for Stratasys in navigating the current economic environment.

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