Xaar and Stratasys announce joint investment in new 3D printing company

Inkjet technology leader, Xaar PLC and additive manufacturing (AM) giant, Stratasys have announced a joint investment in a newly formed company, Xaar 3D Limited, to develop 3D printing solutions based on High-Speed Sintering technologies.
The new company will leverage Xaar’s High-Speed Sintering technology and industrial piezo inkjet printheads, along with Stratasys' commercial and market expertise.
Xaar will hold 85% of Xaar 3D Ltd shares while Stratasys will host 15% with an option to increase its ownership to a total of 30%. Xaar 3D Ltd will hold all of Xaar’s High-Speed Sintering assets and the new company’s Board will be chaired by Xaar CEO, Doug Edwards.