Stratasys and HP Sign Agreement for Stratasys to Manufacture HP-Branded 3D Printers

By DE Editors

Stratasys, Inc. has signed a definitive agreement with HP for Stratasys to manufacture an HP-branded 3D printer.

Under the terms of the agreement, Stratasys will develop and manufacture for HP an exclusive line of 3D printers based on Stratasys’ patented Fused Deposition Modelling (FDM) technology. HP will begin a phased rollout of the 3D printers in the mechanical design market in selected countries later this year, with the right to extend distribution globally.

“We believe the time is right for 3D printing to become mainstream,” says Stratasys Chairman and CEO Scott Crump. “We also believe that HP’s unmatched sales and distribution capabilities and Stratasys FDM technology is the right combination to achieve broader 3D printer usage worldwide. HP has made a similar move in this market before, capturing a dominant position in large-format 2D printers. Together we hope to repeat this success with 3D printers.”

“There are millions of 3D designers using 2D printers who are ready to bring their designs to life in 3D,” says Santiago Morera, vice president and general manager of HP’s Large Format Printing Business. “Stratasys FDM technology is the ideal platform for HP to enter the 3D MCAD printing market and begin to capitalise on this untapped opportunity.”

HP’s Graphic Solutions Business—part of the company’s $24 billion Imaging and Printing Group—will execute the distribution agreement.

For more information, visit Stratasys, Inc. and HP.

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