Stratasys Adds Production Grade Metal Manufacturing to Portfolio Mix

Stratasys Ltd. announces it is investing in and establishing a key business collaboration with industrial metal 3D printing company, Tritone Technologies. The agreement brings industrial scale, production-grade metal and ceramic technology to Stratasys’ offering.

Tritone’s metal and ceramic offering is geared toward serial production and aligns with the Stratasys strategy.

“Manufacturers that trust Stratasys as their AM partner—including in government, defense, and aerospace—frequently ask us to complement our polymer offering with a reliable, industrial-grade metal solution,” says Dr. Yoav Zeif, chief executive officer of Stratasys. “After a long search, we found Tritone to offer a unique combination of part quality, cost-efficiency, with a sustainable business model built around consumables and services. This agreement significantly expands our total addressable market.”

Participation in the most recent investment round, which includes Discount Capital and Fortissimo Capital, provides Stratasys with an initial minority ownership stake along with a path, at Stratasys’ option, to increase its equity stake and potential future ownership. In addition, a phased commercial agreement has been structured to foster close collaboration between the companies, with a focus on supporting Tritone’s reseller network and leveraging sales and marketing synergies, Stratasys reports.

“We believe that the partnership between the two companies—and the strong synergy at its core—will accelerate their growth and deliver meaningful value to the market. Stratasys’ extensive experience and global leadership, combined with Tritone’s unique technological capabilities, create an exceptional opportunity for us as investors,” says Hanoch Papoushado, chief investment officer at Discount Capital.

Tritone offers metal solutions that enable industrial throughput of end-use parts suitable for industries such as tooling, medical devices, defense, and general industrial. 

At the core of Tritone’s offering is its MoldJet technology, a metal and ceramic additive manufacturing process that complements Stratasys’ polymer jetting expertise. MoldJet is a powder-free AM technology that enables a high throughput production of metal and ceramic parts at industrial scale and speed. It is designed for producing complex geometric parts, with high density and industry standard mechanical properties. 

Sources: Press materials received from the company and additional information gleaned from the company’s website.