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EDEN PRAIRIE, Minn. & REHOVOT, Israel - Stratasys Ltd. (NASDAQ: SSYS) has introduced AIS™ Antero® 800NA and AIS™ Antero 840CN03, two new advanced materials for the Stratasys F900® 3D printer, aimed at expanding the use of additive manufacturing in aerospace, defense, and other highly regulated industries. Developed in collaboration with industry leaders like Boeing and Blue Origin, these materials have been rigorously tested and validated to meet the exacting demands of mission-critical applications.
The company’s announcement today marks a significant advancement in additive manufacturing, as these materials have been qualified through a program that ensures they meet the requirements for high-temperature, chemical-resistant parts. With annual revenue of $572 million and a healthy current ratio of 3.07, Stratasys demonstrates the financial stability needed to support its innovative developments. InvestingPro analysis reveals 8 additional key insights about Stratasys’s financial health and market position, available to subscribers. This qualification process leverages NCAMP (National Center for Advanced Materials Performance) equivalence, providing a scalable and clear pathway for material and process qualification, which is expected to reduce time and cost for manufacturers.
According to Ryan Martin, Senior Research Director at ABI Research, the development and qualification of these Stratasys materials are crucial for manufacturers in aerospace and defense sectors, as it allows for the confident adoption of 3D printing for essential applications. The availability of materials that comply with rigorous industry standards can accelerate production, cut costs, and simplify qualification processes.
The AIS Antero materials are designed to offer reliability, with NCAMP-backed data ensuring consistent performance across production sites. They also aim to streamline the qualification process with comprehensive documentation, training, and tools for implementing best-in-class process control. Additionally, the materials are expected to provide significant cost savings by reducing internal testing and qualification expenses.
Foster Ferguson, Vice President of the Industrial Business Unit at Stratasys, stated that these materials represent a significant step forward for integrating additive manufacturing into the production of aerospace and defense platforms. The AIS Antero 800NA and AIS Antero 840CN03 materials are touted for their design flexibility and exceptional resistance to extreme temperatures and harsh chemicals, making them suitable for creating lightweight, durable parts in critical systems.
Stratasys plans to showcase the potential of AIS Antero materials at the upcoming Space Symposium in Colorado Springs, scheduled for April 7-10, 2025.
This news article is based on a press release statement from Stratasys Ltd.
In other recent news, Stratasys Ltd. reported its fourth-quarter financial results for 2024, surpassing earnings per share (EPS) expectations with an actual EPS of $0.12, compared to the forecasted $0.10. The company’s revenue for the quarter was $150.4 million, slightly above the anticipated $149.88 million, although it represented a 3.8% decrease year-over-year. Despite this earnings beat, revenue for the full year 2024 stood at $572.5 million, down 8.8% from the previous year. In addition to financial results, Stratasys has expanded its dental 3D printing presence in Europe through strategic partnerships with Nueva Galimplant in Spain and Gold Quadrat and Metaux Precieux in Germany. These collaborations are expected to enhance the distribution of its dental 3D printing solutions across the continent. Meanwhile, Cantor Fitzgerald has adjusted its financial outlook for Stratasys, lowering the price target from $15.00 to $14.00 while maintaining an Overweight rating. Stratasys has also filed its annual financial report for 2024, which is accessible to the public, providing a detailed overview of its financial performance.
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