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Companies are to combine in an approximately $1.8 billion all-stock transaction, look to deliver industrial polymer, metal, sand and ceramic solutions from design to mass production.
Originally announced in August 2022, the sale includes 3D printing materials solutions, employees, R&D facilities and offices across Europe, the U.S. and Asia.
New ownership by Stratasys is expected to achieve faster growth, includes Covestro’s R&D facilities, offices and employees in Europe, U.S. and China in the agreement.
The new market study identifies key players in a $785 million global market that has grown by 21% year on year.
End-use parts printed using Stratasys’ Fortus 450mc, F370 and new composite F370CR 3D printers will be used for production vehicles in the upcoming Toyota GR Cup Series.
Stratasys proves out carbon fiber-wrapped, printed core for toolless, customizable manufacture, on aerodynamic prototype and production parts for a winning racecar.
Novel composite printers and Nylon-reinforced carbon fiber material expand applications for additive manufacturing with dimensional repeatability of up to 99%.
ABS-based carbon fiber material for the Stratasys F123 Series 3D printer line is 15% stronger and 50% stiffer compared to standard ABS.
The companies will develop an aerospace-grade polymer for use with Stratasys 3D printers.
Numerous 3D-printed composite mounting brackets, exterior components and a solid firewall sandwich core bring 1960s-style supercar automaking into the 21st century.