Search Results for: 3d printer
Stratasys and Objet Merger: Accretive to Earnings by $0.04 Per Share

Leading 3D printer manufacturers Stratasys and Objet announced a $1.4 billion merger agreement in April 2012. Today they filed a proxy statement for Q1 financial results and pro forma 2011 results.
“We are pleased with the progress we are making as we move forward with the combination of our two companies, creating a leader within the high-growth 3D printing and direct digital manufacturing industry,” said Scott Crump, chief executive officer and chairman of Stratasys. “We are confident that this transaction will build significant long-term value for all stakeholders of both companies, including stockholders, channel partners, customers, and employees.”
The proxy statement provides certain pro forma financial results that outline the combined performance for Stratasys and Objet during prior periods. Included in this press release are certain financial tables that outline the pro forma results on a GAAP and non-GAAP basis for the 3-month period ended March 31, 2012, and the 12-month period ended December 31, 2011. Stratasys standalone results for the same periods, which were previously released, are also provided in the financial tables of this press release for comparative purposes.
The Stratasys and Objet combined pro forma revenue and earnings per share for the 3-month period ended March 31, 2012 on a non-GAAP basis are $83.0 million and $0.32 per share, respectively, compared to Stratasys standalone reported non-GAAP revenue and earnings of $45.0 million and $0.28 per share.
The combined pro forma revenue and earnings per share for the 12-month period ended December 31, 2011 on a non-GAAP basis are $277.0 million and $0.94 per share, respectively, compared to Stratasys standalone reported non-GAAP revenue and earnings of $155.9 million and $1.04 per share.
The non-GAAP financial measures, which exclude certain charges, expenses and income, are outlined in more detail in the tables provided at the end of this press release.
Via MarketWatch.
Fab Lab of the Week: Fox Valley Technical College in Wisconsin

This week’s featured Fab Lab is at the Fox Valley Technical College in Wisconsin.
The FAB LAB (Fabrication Laboratory) is a unique Learning Center that enhances student classes and provides for an outreach program in the Fox Valley. Local schools join the fab lab in creating and constructing projects that relate to their curriculum and learn science, technology, engineering and math along the way. FAB LAB’s give students the opportunity to connect and collaborate with other fab labs around the world.
The FAB LAB concept was created by the Massachusetts Institute of Technology’s (MIT) Dr. Neil Gershenfeld and documented in his book “FAB: The Coming Revolution on Your Desktop.” In the summer of 2007, the FAB LAB at FVTC became the 17th in the world.
The FVTC FAB LAB team researched Gershenfeld’s work at the Center for Bits and Atoms at MITand began planning how to set up a FAB LAB at the college. In 2005, the team developed a customized approach to adapting the FAB LAB concept for FVTC, which included global consultation and digital fabrication technology to create almost anything.
Thanks to the partnership with MIT, FVTC FAB LAB users have the ability to link with students and experts worldwide via Web video access to Norway, South Africa, India, Barcelona and other locations. Other partners also include Century College in Minnesota and Loraine County Community College near Cleveland. Inventors, students and businesses can share knowledge to collectively learn from successes and failures.
There is a critical need for Wisconsin manufacturers to become more innovative, efficient, and flexible and future employees will need the knowledge of digital fabrication, the FVTC FAB LAB is taking a leadership role in innovation. Our future economy in Wisconsin and beyond depends on leveraging the power and innovation of leading-edge technologies found in the FVTC FAB LAB. Wisconsin is home to 24 statewide manufacturing driver industries, many of which depend on some form of fabrication (per Wisconsin Manufacturing Extension Partnership-WMEP research).
This Fab Lab hosts an Alaris Objet 30 and Stratasys 3D printer, among other equipment.
You can see the FVTC Fab Lab in the video below.
Fab Lab of the Week: Wanger Family Fab Lab at the MSI Chicago

The Museum of Science and Industry in Chicago houses a state-of-the-art digital fabrication laboratory called the Wanger Family Fab Lab, a small-scale workshop for computer-based innovation, design and fabrication. The Fab Lab allows you to dream up, design and make almost anything you can imagine using cutting-edge software and equipment, including 3D printers.
MSI’s Wanger Family Fab Lab is one of about 50 such labs worldwide. They began as a community outreach program at the Massachusetts Institute of Technology and have spread worldwide to rural India, Africa, Europe and across America. All Fab Labs share software, equipment and core capabilities, so that people and projects can be shared among all sites. Fab Lab users engage in problem-based learning and hands-on fabrication, becoming innovators of new projects and prototypes for limitless use and application.
MSI’s Fab Lab offers the Dream It, Design It, Fab It! program for Museum guests. Interested teens in our Science Achievers youth development program learn advanced skills and have developed prototypes of activities that are featured in Museum exhibits. Shortly after the Fab Lab opened In 2007, MSI hosted Fab4, the Fourth International Fab Lab Forum and Symposium on Digital Fabrication.
The Museum is currently hiring a Facilitator for the Wanger Family Fab Lab.
The Fab Lab Facilitator will be responsible for delivering dynamic programming in the Fab Lab for Museum guests and other program participants. The Facilitator will be responsible for learning and developing proficiency with several consumer design software applications and machinery in the lab. The Facilitator will also support the Fab Lab Manager and Programs Coordinator in leading Lab tours, and facilitating school-group and community group programming in the Lab.
The video below shows the Fab Lab from the point of view of a tricopter during a science achiever program.
The MakerBot Team is Democratizing Art at the Met

The MakerBot team is democratizing the art world. Using an app called Autodesk 123D Catch and the MakerBot Replicator, the team is scanning exhibits at the Metropolitan Museum of Art and then 3D printing replicas. From the MakerBot blog:
June 1-2, for the first time in history, a collection of brilliant digital artists from the MakerBot Community will be graciously welcomed by the Met in New York City to study, capture, and recreate pieces from the Met’s vast collection of art and artifacts. These artists – stay tuned and we’ll tell you who! – will capture significant works into the digital domain using Autodesk’s 123D Catch, clean up and manipulate the resulting models, and then produce replicas and original pieces of art on our 3rd generation 3D printer, The Replicator.
From The Next Web:
Imagine an art class where you can see the Statue of David right in front of you. Imagine what will happen now that contemporary artists will be able to explore and hack famous works from the past. This is huge for the art community, The Met is absolutely awesome for letting this happen, and I couldn’t be more excited about this.
And in Bre Pettis’ own words:
I was an art teacher in Seattle Public Schools and with my students I could only get them to a museum once a year. Together we would get on a bus, go get a tour of a museum and go back to school.
It was great to go to a museum, but it was limited. I had a wish then that I could bring the museum into the classroom. Little did I know that 6 years later, I would be in the Metropolitan Museum of Art with some of the best artists and designers in the world scanning art and sharing it on Thingiverse for the world to download and make. We’re taking it even farther than that though. I don’t think I imagined that the work could be changed, mashed-up, hacked, and remade. It is truly a brilliant and wonderful future we live in where you can go into a museum that allows photography, take lots of pictures and then use 123D Catch to turn it into a model and share it on Thingiverse.
I’m so proud of the Met. It’s my town’s museum and it’s a brave and bold institution and it is so forward thinking that they’ve invited us in to scan, hack, and make things. When I started Thingiverse, I knew that I wanted the classic sculptures of the world to be in the universal library of things, but I imagined that someone would have to pull off the ultimate heist to make that happen. Instead of having to steal the art, the Met shares the future vision of MakerBot where the greatest artworks of the world are accessible to everyone and they’ve invited us in to make history and share the art with the world.
I’m thrilled about this, but it’s just the beginning. I hope that you will explore and capture and share the great artworks of your town. Together, we can create a great database that will inspire the next generation of artists.
Met Photo by makerbot used under Creative Commons license.
Co-Founder and CTO of Shapeways Robert Schouwenburg Moving On

Robert Schouwenburg, CTO and co-founder of Shapeways, has announced he is leaving the company after 5 years. The announcement came on his blog:
We achieved so much. The company has grown from an idea to multinational with 4 offices worldwide and over 50 employees. Shapeways has closed two rounds of funding and is the market leader in her segment.
I can still remember in the early days while building up the upload-to-print systems and testing 3D printing, we had serious challenges to find and create good test sets of 3D models. 3D models which were fit for 3D printing and at the same time posed some challenges for 3D printers and the 3D printing process. Now Shapeways has printed over 750,000 3D models in 2011 alone. It is a staggering number.
The Shapeways team responded on their own blog with well wishes:
Robert, you’ve been an integral part of the Shapeways team since the beginning, and we’re really sad to see you go. We wish you all the best in your next adventure!

We have featured both Mr. Schouwenburg and Shapeways and we wish them each continued success in moving the 3D printing world forward.









