Stratasys Ltd. (Nasdaq:SSYS), a leader in polymer 3D printing solutions, has acquired Arevo's technology portfolio, including its intellectual property (IP) assets. His Arevo, Inc., previously based in Silicon Valley, ceased operations in his 2023 year.
Interestingly, during its initial research into composites AM in 2015, Stratasys entered the robotic extrusion AM segment of chopped and continuous fiber-reinforced polymers using technology similar to that developed by Arevo. I just did it. Since then, Arevo overexpanded and went out of business, and Stratasys temporarily abandoned the segment as new entrants started moving in, so perhaps the two companies should have partnered up.
This intellectual property acquisition includes multiple foundational patents in carbon fiber printing, Z-strength enhancement achieved through localized laser melting and roller compaction, in-situ and AI build monitoring, and hardware design . Incorporating this technology into the Stratasys FDM printing system will enable Stratasys to expand the number of manufacturing applications it can support for its customers.
Stratasys eliminates customer adoption barriers related to higher performance part requirements such as strength and isotropy, more reliable and consistent manufacturing, and increased system throughput for improved part economics can accelerate the use of FDM printing applications.
said Rich Garrity, Chief Industrial Business Officer, Stratasys. “The technology we have acquired will increasingly improve the isotropic physical properties of FDM parts, opening further applications for our customers.” We will continue our commitment to focus organic and inorganic innovation on use cases and ensure that Stratasys remains the most relevant and attractive partner going forward.”
The acquisition of this asset reflects Stratasys' clear strategy to create practical value for customers by investing in innovation, both through organic research and development and the acquisition of technology and intellectual property. Stratasys has a total of 2,600 granted and pending patents in its portfolio, setting it apart from other companies in the industry.