Search Results for: 3d printer
Bre Pettis to Keynote Leadership Dinner at CES 2014
Bre Pettis, CEO and co-founder of MakerBot, a leader in desktop 3D printing, will deliver a keynote address at the 2014 International CES Leaders in Technology (LIT) Dinner.
“Bre Pettis’ leadership and passion for innovation have played a critical role in the success of 3D printing for both professionals and consumers – the consumer category didn’t even exist a few years ago and is now one of the biggest stories to come out of the International CES,” said Gary Shapiro, president and CEO, CEA. “We are thrilled to have Bre keynote the 2014 CES LIT dinner and look forward to hearing his vision for how 3D printing will transform entrepreneurship, business and consumer opportunities in the year ahead.”
Related: Read our coverage of 3D Printing at CES 2013

The LIT Dinner will take place at 6:30 p.m. Wednesday, January 8, in the Lafite Ballroom at Wynn Las Vegas. The invitation-only event gathers and honors the top technologists, entrepreneurs and policymakers instrumental in furthering technology innovation.
Pettis has led MakerBot as CEO since its beginning in 2009. Prior to co-founding MakerBot, he co-founded the Brooklyn hacker collective NYC Resistor, where Makerbot technology was first created, tested and proven. Pettis was instrumental in building the first prototypes of MaterBot’s 3D printers, and has become known worldwide as a leading evangelist for personal manufacturing. In 2012, Pettis was honored with the Disruptive Innovation Award from the Tribeca Film Festival, for “creating an entire ecosystem for desktop 3D printing.” He is passionate about providing tools for individuals and organizations to create the world around them.

New to the 2014 CES show floor, the 3D printing TechZone will showcase the latest advancements in 3D printing technology from top companies in the category. Following its initial launch, the 3D Printing TechZone sold out more than 3,000 net square feet of exhibit space and has since expanded to 6,900 square feet to meet exhibitor demand.
Former LIT Dinner speakers include Skype CEO Josh Silverman; Huffington Post Co-Founder and Editor-In-Chief Arianna Huffington; Netflix Co-Founder and CEO Reed Hastings; eBay Inc. President and CEO John Donahue; and Pandora Chief Strategy Officer and Founder Tim Westergren.
For more information on the 2014 CES, visit CESweb.org.
Stratasys Expands Its Presence in Japan Through Fasotec Acquisition
3D Printing Leader Exercises Option to Acquire Fasotec Minority Interest in Stratasys Japan
Stratasys Asia Pacific, a subsidiary of Stratasys Ltd, announced that it plans to exercise the option to acquire the remaining holdings of Fasotec in Stratasys Japan. Following the exercise of the option, Stratasys Japan will become a wholly owned subsidiary of 3D printing giant Stratasys Ltd., departing from a joint venture previously established by Objet.
Related: Stratasys and Objet Complete Merger Forming $3 Billion Company
“We witness strong growth in the 3D printing market in Japan. Stratasys is positioned to invest more on infrastructure in order to build awareness and a strong foundation to support our customers, partners and the industry,” said Jonathan Jaglom, General Manager of Stratasys AP. “We wish to sincerely thank our partner, Fasotec, for their years of commitment in the partnership, which helped create new opportunities in the market for us.”

Stratasys a leading manufacturer of 3D printers and production systems for prototyping and manufacturing.
Stratasys Japan will continue to market and sell the Stratasys product offering under Stratasys’ direction. Further, Stratasys Japan will have full ownership of the installed base and its related service contracts. This move reinforces Stratasys’ commitment to overall business coverage in Japan, and expands its local industry footprint.
Related: Stratasys Signs Aurora Group for 3D Printer Distribution in China
The decision by Stratasys to exercise the option stems from its belief that this will allow Stratasys to better prepare for future growth in the rapidly expanding Japanese market.
“The 3D printing industry is growing rapidly in Japan. By exercising the option under the JV agreement and acquiring full ownership of Fasotec, we will complete a smooth transition to a wholly owned subsidiary committed to continuing to provide best-in-class 3D printing solutions, services and technologies that are suitable for the Japan market,” said Eric Goguy, CEO & President of Stratasys Japan.
Related: Full analysis of the MakerBot acquisition by Stratasys
voxeljet Plans $91 Million IPO (VJET) to Compete with DDD SSYS XONE
3D printer company voxeljet sets terms for $91 million IPO
Germany-based voxeljet is a leading provider of 3D printers and on-demand parts services. Earlier this week, the company announced terms for its planned IPO, where it plans to list under the symbol VJET on the NYSE.
voxeljet is raising $91 million through an offering of 6.5 million shares priced at $13 to $15 per share. This would give voxeljet a market cap of over $300 million.

A deeper look at voxeljet (NYSE:VJET)
For a deeper look at voxeljet, we combined our own research with data from an in-depth analysis by 3DPrintingStocks.com contributor Gary Anderson.
voxeljet AG was founded in 1999 and its headquarters is located in Friedberg, Germany, about 60 kilometers outside of Munich.
The company sold its first 3D printer in 2002 and has installed 52 printers worldwide as of June 30, 2013. 53% of sales to date have been outside of Germany and major customers include Ford, 3M, Daimler AG, BMW, and Hyundai. 3D Systems has also been a distributor of voxeljet printers since 2011.
“voxeljet printer systems and services are aimed squarely at commercial applications in the automotive, architecture, aerospace, medical/orthopedic, engineering, and defense industries,” wrote 3DPrintingStocks.com. The vast majority of 3D printing industry sales comes from these industrial sectors, and therefore voxeljet competes with companies such as 3D Systems and Stratasys, who have multi-billion dollar market capitalizations.
voxeljet operates two primary business divisions:
- voxeljet SYSTEMS business division focuses on the development, production and distribution of the market´s fastest and most powerful 3D printing systems. Today, voxeljet has a well-coordinated product range that reaches from smaller entry models to large-format machines, and therefore offers the perfect 3D print system for many application areas.
- voxeljet SERVICES custom parts service centre creates sand moulds and plastic models based on CAD data on demand. Small-batch and prototype manufacturers appreciate the automatic, patternless manufacture of their casting moulds and 3D models.The company’s customer base includes well-known automotive manufacturers and their suppliers, foundries as well as innovative companies from the arts design as well as the movie and entertainment industry.
voxeljet booked $11 million in sales for the 12 months ended June 30, 2013. This is quite small compared to Stratasys ($359mm) and 3D Systems ($354mm), but within the ballpark of ExOne ($29mm) and Arcam AB ($22mm).
The company’s production facilities now stand at 16,000 square feet and are undergoing expansion to over 40,000 square feet. Proceeds from the IPO are for the establishment of new service centers in North America and Asia, research and development, sales and marketing initiatives, and “general corporate purposes including potential acquisitions”.
The video below showcases the VXC800, the world’s first continuous 3D printer.
voxeljet received some fame in 2012 for fabricating stunt-double Aston Martin cars used in the James Bond action flick “Skyfall.”
For more details on the company’s technology and patents, products and services, and key financials from their recent F-1 filing, read more analysis at 3DPrintingStocks.com.
Stratasys and MakerBot Complete Merger

Stratasys, Ltd. (NASDAQ: SSYS) and MakerBot announced the completion of their $403 million merger first announced on June 19th.
Stratasys is a pioneer in 3D printing for prototyping and production, and for more than 25 years has enabled designers and engineers to bring their ideas to life. MakerBot, founded in 2009, helped develop the desktop 3D printing market and has built the largest installed base of 3D printers in the category by making 3D printers highly accessible. MakerBot has sold more than 22,000 3D printers since 2009.
“Stratasys and MakerBot share a vision about the potential for 3D printing to transform design and manufacturing,” said David Reis, Stratasys CEO. “Our goal now is to maximize the benefits this merger creates for our shareholders, our customers and our employees.”
Bre Pettis, CEO of MakerBot added, “We are excited for the future – full speed ahead!”
Transaction Information
Consistent with the terms of the merger, Stratasys will issue up to 4.7 million of its shares in exchange for 100% of the outstanding capital stock of MakerBot. MakerBot stakeholders also qualify for performance-based earn-outs that provide for the issue of up to an additional 2.36 million shares through the end of 2014. Those earn-outs, if earned, will be made in Stratasys shares or cash (in an amount reflecting the value of the Stratasys shares that would have otherwise been issued at the relevant earn-out determination date), or a combination thereof, at Stratasys’ discretion.
Read more at MarketPitch.
MakerBot Acquired by Stratasys for $403 Million
3D Printing Company MakerBot Acquired by Stratasys
MakerBot CEO Bre Pettis has reason to be smiling. His firm was just acquired for $403 million by Stratasys.
According to a report from the Wall Street Journal, privately-held MakerBot will trade its stock for new stock issue of publicly-traded Stratasys in a transaction that expands the growth of the desktop 3D printer market.
The Wall Street Journal also released details about MakerBot’s sales of 3D printers.
MakerBot has sold more than 22,000 3D printers since it was founded in 2009 and in the recent first quarter it generated total revenue of $11.5 million. The company’s products are increasingly used by so-called prosumers, including engineers, designers, architects, manufacturers who buy high-tech products or equipment, and consumers for personal applications.
This is Stratasys’ second large deal in the last year. In December, Stratasys merged with Objet to create a $3 billion juggernaut.
We’ve reached out to MakerBot for comment.









