13 Facts About Stratasys

Stratasys was founded in 1989, by S Scott Crump and his wife Lisa Crump in Eden Prairie, Minnesota.

Stratasys thought of creating the shape layer by layer and of a way to automate the process.

In October 1994, Stratasys had an initial public offering on NASDAQ; the company sold 1.

In January 1995, Stratasys purchased IBM's rapid prototyping intellectual property and other assets and employed 16 former IBM engineers, who had been developing a small 3-D printer that relied on an extrusion system very similar to Crump's patented fused deposition modeling technology.

In 2003, Stratasys fused deposition modeling was the best-selling rapid prototyping technology.

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In January 2010, Stratasys signed an agreement with HP to manufacture HP-branded 3D printers.

In May 2011, Stratasys announced that they had acquired Solidscape, a leader in high-precision 3D printers for lost wax casting applications.

Stratasys refused to permit this and withdrew its license for use of the printer, citing that it did not allow its printers "to be used for illegal purposes".

Stratasys shareholders were expected to own 55 percent of the combined company, and Objet shareholders would own 45 percent.

The new single company is to be backed by NPM Capital and MakerBot-owner Stratasys and co-led by existing CEOs Nadav Goshen and Jurgen von Hollen.

On February, 2016, Stratasys announced an investment in Israeli company Massivit 3D Printing Technologies to promote and deploy Massivit 3D's proprietary super-sized 3D printing solutions.

In 2021, Stratasys acquired the outstanding shares of Xaar 3D, which Stratasys purchased from Xaar.

In 2014, Stratasys prototyped an electric car with fully 3D-printed exterior panels, and a few printed interior parts.