The enhanced software platform, now also available for Neo stereolithography platform, boosts productivity, quality, and environmental insights for additive manufacturing operations

EDEN PRAIRIE, Minn. & REHOVOT, Israel — (BUSINESS WIRE) — November 14, 2024 — Stratasys (NASDAQ: SSYS) today announced enhancements to its GrabCAD Print™ and GrabCAD Print Pro™ software, introducing emissions estimations to aid in sustainability efforts. In addition, GrabCAD Print is now available for use on the Neo® stereolithography (SLA) platform, allowing customers to use the same GrabCAD Print build preparation software for all 3D printers offered by Stratasys.

With the expansion of GrabCAD Print to include the Neo platform, the software now supports all five of Stratasys’ core technologies. This gives users an integrated software experience for streamlined workflows to support their additive manufacturing capabilities.

GrabCAD Print Pro for Neo offers users a streamlined, user-friendly SLA build preparation and centralized 3D printer management software package. GrabCAD Print integrates seamlessly with Neo’s Titanium™ software for advanced file management, intuitive support generation, and precise print control. Neo 3D printers are now included in the GrabCAD Print ecosystem, allowing Neo users essential print preparation capabilities free of charge. This new addition underscores Stratasys' commitment to delivering accessible, high-quality software solutions across its 3D printing ecosystem.

“The availability of GrabCAD across all five Stratasys technologies gives us a significant competitive advantage. Many of our customers use multiple types of printers, and having one software package helps them seamlessly move between technologies,” said Rich Garrity, Chief Business Unit Officer, Stratasys. “Customers can harness the full potential of 3D printing in modern manufacturing, optimizing workflows according to carbon and cost, and driving operational efficiency to have a more responsible, future-ready approach to production.”

The latest GrabCAD Print Pro release includes emissions estimations that allows customers to estimate and optimize the environmental impact of each 3D printing build, aligning with rising demands for carbon footprint transparency. New features provide estimates for carbon dioxide equivalent (CO₂e) emissions on both whole-job and individual-part levels, accounting for variables such as print time, power consumption, and the specific emissions data for customers’ production locations. Customers will gain valuable insights for decarbonization and reporting requirements, as businesses address climate action and rising regulation with need for compliance. These emissions estimations are now available for the Company’s FDM® technology printers and are in the works for additional Stratasys technologies in the future.

“We’re committed to supporting our customers in their journey toward decarbonization and responsible manufacturing,” said Rosa Coblens, Vice President, Sustainability, Stratasys. “Our GrabCAD Print software, a key element in Stratasys’ holistic portfolio of sustainable solutions, combines hardware, materials, and software to help manufacturers achieve measurable environmental impacts. With features like emissions estimation, GrabCAD Print empowers customers to align their production processes with ESG goals, climate action priorities, and data-based decision making for optimized operations. This is central to our Mindful Manufacturing approach – offering solutions that not only advance sustainability but also deliver strategic value as part of our customers technology investments.”

Additional enhancements to GrabCAD Print and GrabCAD Print Pro include expanded material support and advanced features for more precise control, specifically the addition of the Split feature which enables intricate model preparation and the new anchor placement options for Origin DLP printers that support higher accuracy in support structures.

About Stratasys

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world’s leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.

To learn more about Stratasys, visit www.stratasys.com, the Stratasys blog, X/Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including Stratasys’ websites, to share material, non-public information pursuant to the SEC’s Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings.

Stratasys, GrabCAD, GrabCAD Print, GrabCAD Print Pro, Mindful Manufacturing, Neo, Titanium and FDM are trademarks or registered trademarks of Stratasys Ltd. and/or its affiliates. All other trademarks are the property of their respective owners.

Note Regarding Forward-Looking Statement

The statements in this press release relating to Stratasys’ beliefs regarding the benefits consumers will experience from using the GrabCAD® Platform, its time of general ability and other statements in this press release are forward-looking statements reflecting management's current expectations and beliefs. These forward-looking statements are based on current information that is, by its nature, subject to rapid and even abrupt change. Due to risks and uncertainties associated with Stratasys' business, actual results could differ materially from those projected or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the degree of our success at introducing new or improved products and solutions that gain market share; the degree of growth of the 3D printing market generally; the impact of potential shifts in the prices or margins of the products that we sell or services that we provide, including due to a shift towards lower-margin products or services; the impact of competition and new technologies; potential further charges against earnings that we could be required to take due to impairment of additional goodwill or other intangible assets; to the extent of our success at successfully consummating acquisitions or investments in new businesses, technologies, products or services; potential changes in our management and board of directors; global market, political and economic conditions, and in the countries in which we operate in particular; risks related to infringement of our intellectual property rights by others or infringement of others' intellectual property rights by us; the extent of our success at maintaining our liquidity and financing our operations and capital needs; the impact of tax regulations on our results of operations and financial condition; and other risk factors set forth under the caption “Risk Factors” in Stratasys’ most recent Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC) on March 11th, 2024. Readers are urged to carefully review and consider the various disclosures made throughout our 2023 Annual Report and our other reports filed with or furnished to the SEC, which are designed to advise interested parties of the risks and factors that may affect our business, financial condition, results of operations and prospects. Any guidance provided, and other forward-looking statements made, in this press release are made as of the date hereof, and Stratasys undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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Media and Investor contacts:

Stratasys Corporate, North America & EMEA
Chris Reese
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+1 651 357 0877

Stratasys Corporate, Israel & EMEA
Erik Snider
Erik.Snider@stratasys.com
+972 74 745 6053

Investor Relations
Yonah Lloyd
Yonah.Lloyd@stratasys.com
+972 74 745 4919