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iMedia's $50M sale canceled, 5-Hour Energy founder emerges as new buyer

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3-D printer maker Stratasys sees needed growth helped by new products

3-D printer maker Stratasys sees needed growth helped by new products
Company gets in position as the industry moves beyond just prototyping.
April 27, 2021 2:56pm
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Annual revenue at Stratasys has fallen for the past six years, and the maker of 3-D printers is planning on the introduction of new additive printing technologies and three new products to give it a needed boost.
The company, based in Eden Prairie and Rehovot, Israel, exceeded revenue expectations when it reported year-end results on March 1, but annual revenue still decreased 18% to $520.8 million.
We are accelerating into the Additive Manufacturing 2.0 era, in which we see global manufacturing leaders move beyond prototyping to fully embrace the agility that 3-D printing brings to the entire manufacturing value chain, said Stratasys CEO Yoav Zeif in a news release. ....

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