Stratasys Ltd: Segment Analysis

Stratasys Ltd (Stratasys) is a provider of 3D printing and additive manufacturing solutions for the development of intermediate and end parts. The company offers its solutions to the businesses in aerospace, railways, healthcare, automotive, education and consumer product industries.

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The company’s Research and Development (R&D) activities focus on the development of new materials and systems, improving its product lines and adding new capabilities to its systems and related materials and software. It focuses on significant technology platform developments for FDM, PolyJet, SAF and SCP technologies, AM systems, including integrated software, and family of proprietary acrylic-based photopolymer materials for PolyJet printing and family of proprietary thermoplastic materials for FDM printing. As of December 2021, the company had 1,700 granted and pending patent applications, internationally. Its consumable materials production and development operations are located in Kiryat Gat, Israel, and Eden Prairie, Minnesota, the US, while the Solidscape’s development and production facility is in Merrimack, New Hampshire, the US. In FY2021, the company invested US$88.3 million in its R&D activities, which as a percentage of revenue, stood at 14.5%.