Stratasys Advances Additive Manufacturing Strategy With 3D Printing Triple Play

Stratasys Ltd | April 29, 2021

Stratasys Ltd., an innovator in polymer 3D printing arrangements, today presented three new 3D printers that together location a huge bit of the multibillion-dollar market an open door in added substance assembling of end-use parts. The frameworks by and large are pointed toward speeding up the shift from conventional to added substance fabricating for low-to-mid-volume creation applications underserved by customary assembling techniques.

"We are speeding up into the Additive Manufacturing 2.0 time, in which we see worldwide assembling pioneers move past prototyping to completely accept the spryness that 3D printing brings to the whole assembling esteem chain," said Stratasys CEO Dr. Yoav Zeif. "The interruptions we are seeing today on both the organic market side of worldwide inventory chains are an obvious indicator that the state of affairs isn't working. Added substance fabricating gives organizations the absolute adaptability to choose when, where, and how to create parts. That is the reason we're focused on being the finished supplier of polymer 3D printing answers for our elite client base."

A year ago, Stratasys accumulated over 25% of its income from assembling related applications. Going ahead, with an extensive and incorporated arrangement of 3D printing equipment, programming, materials, and administrations arrangements, Stratasys gauges that its assembling income development will dominate different sections, developing at a yearly pace of more than 20% beginning in 2022.

About Stratasys

Stratasys is driving the worldwide shift to added substance fabricating with creative 3D printing answers for businesses like aviation, auto, purchaser items, and healthcare. Through brilliant and associated 3D printers, polymer materials, a product biological system, and parts on-request, Stratasys arrangements convey upper hands at each stage in the item esteem chain. The world's driving associations go to Stratasys to change item configuration, carry dexterity to assembling and supply chains, and improve patient consideration.

Spotlight

Early adopters, however, are already taking a leadership role by creating and implementing a talent strategy to train team members on the integration and use of technology throughout the supply chain. To grow and innovate in what is projected to become a nearly $400 billion market by 2025, digital leaders like Steelcase and LAI International are transforming their operations, by investing in technology, equipment, and their people.


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MANUFACTURING TECHNOLOGY

Nextech AR Launches Shopify Freemium 3D Model Pricing

Nextech AR | April 20, 2022

Nextech AR Solutions Corp. a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services announces an update to the Company’s Shopify app, initially launched in January, allowing merchants to create 3D/AR models for their ecommerce site. The Company has released a Freemium model, offering an enticing incentive to ecommerce businesses which is seeing success since its launch. The Company is also planning to integrate this same Freemium pricing with more ecommerce platforms, including BigCommerce, WooCommerce, and Magento, and is targeting Q2 2022 for completion of these integrations. These integrations will collectively place Nextech’s AI-powered 3D/AR model creation solution in front of millions of merchants globally. The livestream will also be archived and available for replay. NEXT SUPER STOCK Live! is Wall Street Reporter’s flagship investor conference series featuring presentations by a select group of companies which are at key inflection points, and at the threshold of explosive growth. Since the launch of Nextech’s 3D/AR modeling self-serve app with Shopify, the Company has quickly expanded its reach to small and medium sized ecommerce websites and is currently in the top 2% or in the 98th percentile of apps downloaded in the 3D modeling category (out of 228). Since the app’s launch in late January, there has been an approximately 44% increase in app installs month over month. Nextech believes the success of the app thus far is due to its affordable pricing, 3D model making scalability, and high quality 3D models. With a frictionless implementation and being the only end-to-end ecommerce app for 3D/AR the company believes that it has a competitive advantage in the 3D model market. ARitize 3D provides Shopify merchants with a frictionless and seamless one click integration for 3D model making and AR visualization. Through Artificial Intelligence (AI) technology, merchants can take their existing 2D product images and turn them into high-quality 3D and Augmented Reality experiences, transforming their Shopify website and helping their brand stand out from competition. When ecommerce sites offer immersive AR shopping experiences, it provides customers with the ability to “try before they buy”, resulting in greater buying confidence. Customers are also able to zoom, rotate and spin 3D product models, and see every product detail from every angle, leading to customers that are more engaged and better informed. This not only benefits the customer, but also provides immense benefits to ecommerce businesses: Shopify data shows that 3D AR can increase conversions up to 94% while reducing returns. The app provides self-serve access to Nextech’s proprietary AI-powered solution for 3D/AR Ecommerce to all businesses who use Shopify to power their ecommerce business. The app makes the adoption of 3D/AR extremely easy, simple and cheap for Shopify merchants as they can subscribe for different plans which suit their needs and manage the app themselves from their merchant Shopify admin. About ARitize 3D ARitize 3D is your one-stop-shop AR solution with automated 3D model creation at an unbeatable price. Our Artificial Intelligence (AI) will turn your existing 2D product images into high-quality 3D and Augmented Reality experiences. It's fast, it's easy and it will transform your Shopify website! 3D content creation is included in monthly hosting fees. Our AI powered platform is a game changer! What can 3D/AR do for you? Increase conversions, reduce product returns, increase customer engagement, and attract more customers. Transform your online store into a dynamic virtual showroom. Allow your customers to see your products from every angle and position them in their own space prior to purchasing, leading to more conversions and less returns. It's an exciting, immersive shopping experience that keeps customers more engaged, better informed and helps your brand stand out from the competition. About Nextech AR Nextech AR Solutions is the engine accelerating the growth of the Metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse. Our platform agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all Metaverse contributors. Nextech funds the development of its AR and Metaverse growth initiatives through its e-Commerce platforms, which currently generate most of its revenue. Nextech's e-commerce platforms include: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. These e-commerce platforms serve as an incubator for developing and testing Nextech's leading edge AR, AI and machine learning applications for powering next-generation e-commerce technology.

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3D PRINTING

Dassault Systèmes Introduces Life Cycle Assessment Solution on the 3DEXPERIENCE Platform to Transform the Sustainable Innovation Process

Dassault Systèmes | February 25, 2022

Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) (Paris:DSY) announced the launch of “Sustainable Innovation Intelligence,” its life cycle assessment solution that enables companies to minimize the environmental impacts of the products, materials and processes they create and help drive the circular economy. Fully embedded in Dassault Systèmes’ 3DEXPERIENCE platform and covering the entire value chain, the cloud-based solution uniquely integrates the ecoinvent database on the impacts of more than 18,000 industrial and agricultural processes, into virtual design, product development, manufacturing engineering, operations and logistics. “Collectively building a sustainable economy requires transforming the sustainable innovation process, from extracting raw materials to usage, reuse and recycling, Whether in manufacturing, infrastructure and cities or life sciences, data science experiences that combine LCA capabilities with virtual twin technology offer companies new ways to innovate by understanding how their decisions affect natural resources, ecosystems and health. Through our 3DEXPERIENCE platform, we aim to help companies contribute to the United Nations’ ‘Decade of Action’ and thrive while doing so.” -Florence Verzelen, Executive Vice President, Industry, Marketing and Sustainability, Dassault Systèmes. Many businesses are working to reduce emissions in line with climate science and are aiming to develop more circular business models by 2030 by redesigning their product lines and manufacturing systems. However, most business solutions on the market today are still focused on measuring the footprint of yesterday’s economy, retroactively. To drive disruptive sustainable innovation, companies need to integrate ecodesign principles in the upstream thinking about their future products and processes before there is any environmental impact in the real world. Virtual universes provide this opportunity. By combining LCA data with virtual twin technology, “Sustainable Innovation Intelligence” will empower LCA specialists, industrial designers, product engineers and manufacturing engineers to create circular life cycles by setting up sustainability requirements early on and collaboratively driving them throughout the design, product development and manufacturing engineering phases. It integrates supply of materials, design, manufacturing, operations, logistics, sales, marketing, and end-of-life management, providing real-time insights that allow teams to identify problems or improvements virtually before acting on them, and ensure traceability and reliability. “Sustainable Innovation Intelligence” relies on the life cycle inventory database of the not-for-profit ecoinvent Association, whose datasets measure and provide information on the natural resources withdrawn from the environment, the pollution released into water and soil, the emissions released into air, the products demanded from other processes, and the products, co-products and waste produced in diverse sectors on global and regional levels. “Our partnership with Dassault Systèmes is the first one with a software company in which our database is used at the very beginning of the product and manufacturing engineering processes for sustainability assessments,” said Emilia Moreno Ruiz, Interim Director, ecoinvent Association. “LCA brings the metrics needed to evaluate environmental impacts across the product lifecycle. Integrating that with virtual twin technology opens new possibilities to address these impacts early on.” ABOUT DASSAULT SYSTÈMES Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative 3D virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production to achieve a more sustainable world for patients, citizens, and consumers. Dassault Systèmes brings value to more than 300,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the Compass icon, the 3DS logo, CATIA, BIOVIA, GEOVIA, SOLIDWORKS, 3DVIA, ENOVIA, NETVIBES, MEDIDATA, CENTRIC PLM, 3DEXCITE, SIMULIA, DELMIA, and IFWE are commercial trademarks or registered trademarks of Dassault Systèmes, a French “société européenne” (Versailles Commercial Register # B 322 306 440), or its subsidiaries in the United States and/or other countries.

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MANUFACTURING TECHNOLOGY

SPEE3D Advanced Manufacturing Technology Chosen for US Navy's Maintenance Technology Engagement (MAINTENX) Exercise

SPEE3D | May 27, 2022

SPEE3D – a leading supplier of the world’s fastest metal 3D printers, today announced that the US Navy has selected them to take part in their MaintenX exercise to manufacture deployable metal 3D printing technology at both port and sea. The US Navy’s goal is to validate metal 3D printing technology to reduce and eliminate supply chain issues and address maintenance operations to improve ship material conditions and battle damage repair. The MaintenX trial will be conducted as part of the US Navy’s ANTX-Coastal Trident 2022 at the Ventura County Naval Base between August 22 – September 2, 2022. “We are thrilled to collaborate with the US Naval Warfare Centers to test and validate our unique metal 3D printing capability that is used from anywhere - not just a lab - and to quickly print large scale parts that would otherwise take weeks or even months to manufacture, We understand their operational challenges both on land and sea, and look forward to strengthening our existing relationships with the US Department of Defense as a trusted partner.” Byron Kennedy, CEO of SPEE3D MAINTENX, sponsored by NAVSEA 05T, aims to accelerate the identification and implementation of leading-edge capabilities by the US Navy and its partners in port and maritime security. The program consists of technical demonstrations, field experiments, and exercises to help solve fleet expeditionary maintenance and battle-related support requirements. MAINTENX gives technologists an understanding of operational challenges faced by the warfighter – and the warfighter an understanding of developing technologies to meet their needs. Solutions will be demonstrated in a one-on-one setting onboard the Navy’s Self Defense Test Ship (SDTS), currently based at Port Hueneme, CA. SPEE3D’s metal cold spray 3D printing process is 100 to 1000 times faster than traditional 3D metal printing, enabling the most affordable metal additive manufacturing process to produce industrial quality metal parts in minutes, from anywhere. The process harnesses the power of kinetic energy rather than relying on high-power lasers and expensive gasses, allowing metal 3D printing at normal production costs. For the MAINTENX program, SPEE3D will utilize their WarpSPEE3D, the world's first large-format metal 3D printer to use patented SPEE3D technology. WarpSPEE3D can print large parts or multiple parts at once, up to 1000mm x 700mm / 40 x 30” in diameter, and up to 40kg / 100lb. SPEE3D has collaborated with the US defense as the inaugural winner of the Defense Strategies Institute’s Award for Expeditionary and Tactical 3D Printing Excellence in recognition of the technology’s outstanding achievements in 3D printing in support of DoD mission priorities. Earlier this year, Phillips Federal's Center of Innovation – co-located at the Rock Island Arsenal's Additive Manufacturing Center of Excellence – upgraded to a WarpSPEE3D to further develop the facility’s Additive Manufacturing capability and develop large format, parts-on-demand metal applications for the US Army.

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MANUFACTURING TECHNOLOGY

Nikola Corporation Celebrates the Customer Launch of Serial Production in Coolidge, Arizona

Nikola | April 28, 2022

Nikola Corporation a global leader in zero-emissions transportation solutions, marked the beginning of its commercial serial truck production of the Nikola Tre BEV (battery-electric vehicle), with a special ceremony today in Coolidge, Arizona. The event featured remarks from Nikola executives and Arizona Governor Doug Ducey and was attended by fleet customers, government officials, and Phoenix business leaders. "We began production of the Tre BEV on March 21 here in Coolidge and today we're celebrating this milestone and the initial shipments of trucks to our customers, In 2022, we're moving forward with every aspect of our business. Next year, fuel-cell electric vehicles (FCEV) are planned to be added to the manufacturing mix. We are focused on delivering vehicles and generating revenue." Mark Russell, Nikola's Chief Executive Officer "Nikola has become a driving force in Arizona's rapidly expanding electric vehicle industry," said Governor Ducey. "Watching this innovative company grow and put down roots in Arizona has been truly incredible, and I know it's only getting started. With the beginning of production at this manufacturing facility, Nikola is clearly in the driver's seat of the future of transportation and commerce. Thank you to the entire Nikola team, Sandra Watson and the Arizona Commerce Authority, our partners at the legislature and local leaders for supporting this phenomenal project." Phase 1 of the Coolidge, Arizona manufacturing facility provides Nikola with a production capacity of 2,500 trucks. Construction of the Phase 2 assembly expansion area has begun and is expected to be completed in 2023 with a production capacity of up to 20,000-trucks per year on two shifts. "With our world class universities and community colleges, Arizona has some of the best engineering and manufacturing talent in the country," said Sandra Watson, President and CEO of the Arizona Commerce Authority. "Nikola not only is a top employer in the region, they are attracting top tier suppliers to further grow Arizona's robust electric vehicle supply chain. We are incredibly grateful to the entire Nikola team for choosing Arizona to help meet their vision and we are excited for the company's bright future." On January 24, 2022, Nikola began FCEV pilot operations with Anheuser-Busch. Two Nikola Tre FCEV alphas are undergoing a pilot in daily service within the brewer's Southern California distribution network. Nikola's Ulm, Germany manufacturing facility on IVECO's industrial complex is also complete. The facility is capable of a production capacity of 2,000 trucks per year and is expandable up to 10,000 trucks per year. About Nikola Corporation Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona.

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Spotlight

Early adopters, however, are already taking a leadership role by creating and implementing a talent strategy to train team members on the integration and use of technology throughout the supply chain. To grow and innovate in what is projected to become a nearly $400 billion market by 2025, digital leaders like Steelcase and LAI International are transforming their operations, by investing in technology, equipment, and their people.

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