Stratasys has expanded its leadership in composites additive manufacturing through the recent acquisition of Arevo’s technology portfolio, including its Intellectual Property (IP) estate. This strategic development for Stratasys Ltd. (Nasdaq:SSYS), a key figure in polymer 3D printing solutions, aims to enhance their capabilities in the additive manufacturing (AM) sector.
Arevo, Inc., previously based in Silicon Valley, ceased operations in 2023, prompting Stratasys to take the opportunity to acquire their technology portfolio. This acquisition includes foundational patents in carbon fiber printing, Z-strength enhancement through localized laser melting and roller compaction, in-situ and AI build monitoring, as well as hardware design, expected to propel their Fused Deposition Modelling (FDM) print systems to offer extended manufacturing applications for consumers.
An important aspect of this acquisition is the potential for improved isotropy of physical properties in FDM parts, paving the way for new possibilities and applications for customers. According to Rich Garrity, Stratasys’ Chief Industrial Business Officer, “The technology we’ve acquired allows for increasingly improved isotropy of physical properties in FDM parts, which opens up additional use for customers. This investment continues our commitment to focusing our organic and inorganic innovation on applications and use cases that provide real value to our manufacturing customers, ensuring that Stratasys will continue to be the most relevant and attractive partner moving forward.”
Furthermore, Stratasys aims to accelerate the usage of FDM printing applications by overcoming customer adoption barriers linked to the demand for higher-performing parts, including strength and isotropy, as well as more reliable and consistent builds. By addressing these obstacles, the company aims to improve system throughput for better parts economics.
The acquisition of Arevo’s technology portfolio aligns with Stratasys’ broader strategy to create practical value for its customers through investments in innovation. This includes organic research and development, as well as strategic acquisitions of technology and IP. With a total of 2,600 granted and pending patents in its portfolio, Stratasys stands out in the industry, distinguishing itself as a leading force in the field of additive manufacturing.
By acquiring Arevo’s technology portfolio, Stratasys has strategically positioned itself to further solidify its standing in the additive manufacturing industry. With the addition of cutting-edge technology and a wealth of valuable patents, the company is poised to unlock new opportunities and provide enhanced solutions for its customers, reflecting its unwavering commitment to innovation and customer satisfaction.
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