by • February 21, 2016 • No Comments
Leading diversified 3D printing company Stratasys(NASDAQ:SSYS) not long ago led a funding round of Massivit 3D Printing Technologies, an Israel-based start-up that manufactures speedy, super-sizeable 3D printing equipment. Massivit is actually press release last week noted that the funds can be utilized to extra
turn it into and market its 3D printing equipment, that are based on its proprietary Gel Dispensing Printing (GDP) innovation. Terms weren’t disclosed.
Here’s what you should understand.
Yes, this thing may bring a whole new dimension to the 3D printing “selfie” market! Image source: Massivit.
Massivit is actually claim: “The most rapidly… sizeable format 3D printing solution”
The company founded in 2012, claims that its Massivit 1800 process is “the most rapidly and most high end sizeable format 3D printing solution.” It provides an example of its process’s speed on its website: It may take only five hours to print a easy sculpture of a standing human being. If that is accurate, and so it is, indeed, mighty swift compared with printing equipment already on the market. Here are the company’s specific claims on its website of the process’s speed and other capabilities: Speed: up to 39 inches per 2nd in x and y-axesProductivity: up to 1 ft of object per hourPrinting dimensions: 4 ft x 5 ft x 6 ftCan print two various objects at the same timeMassivit is actually GDP innovation — yes, yet another 3D printing acronym — is reportedly the only gel-based 3D printing innovation. This is definitely an accurate claim, to my understandledge, as the significant polymer 3D printing technologies use either liquid resin or filament. Stratasys’ Polyjet and 3D Systems’ (NYSE:DDD) Multi-Jet Modeling (MJM) technologies, for instance, both use a UV-light photo-curable liquid resin, while futilized deposition modeling (FDM) uses a filament. FDM was designed by Stratasys, but is now utilized by most 3D printing device manufacturers, as the key patents have expired.
Similar to Polyjet and MJM, Massivit is actually GDP innovation uses UV light to cure — or harden — its material. The company’s gel, called Dimengel, is a proprietary material. According to the company’s website, Dimagel is nonflammable and has great structural durablity, much like to ABS polymers commonly utilized in 3D printing.
Image source: Massivit.
In September 2015, the firstly Massivit 1800 process was installed at E.S. Digital in Israel, a sizeable print and digital communications company, where it is actually being utilized to turn it into one-of-a-kind promotional campaigns. Massivit primarily targets the visual communications market, where its solutions are utilized to turn it into sizeable display objects for point-of-sale branding, advertising, exhibitions, theme parks, and other applications. The company, yet, is planning to turn it into solutions for extra
Stratasys’ VP of corporate turn it intoment and ventures, Alon Elie, commented in the press release of the benefits Stratasys acquires by investing in Massivit:
With Massivit, we acquire exposure to markets and applications in that Stratasys is not active in our day such as visual branding, outdoor signage, landscaping and construction. We are excited of the possible applications of Massivit 3D’s GDP innovation in those markets and others, that we can jointly explore.
Massivit is actually deep connections to Stratasys
Massivit is actually press release states that the company was founded by “a group of experienced industry veterans of major digital printing companies.” This is an understatement, pondering that one of its three co-founders, Gershon Miller, was in addition one of the three co-founders of 3D printing company Objet. Objet merged with Stratasys in 2012, and brought its powerful Polyjet innovation to the table. This innovation powers Stratasys’ higher-end 3D printing equipment, notably its one-of-a-kind Connex Objet line of multimaterial, multicolor printing equipment. Miller in addition founded Idanit, that was sold to Scitex Corporation, later rebranded as Scitex Vision, and some day sold to HP.
Massivit is actually newly appointed CEO, Avner Israeli, joined the company of… surprise, surprise… Stratasys, where he served in numerous senior management positions.
Diversification into additional nascent 3D printing markets
Illustrating future promotional display possibilities. (Or laundry detergent for giants.) Image source: Massivit.
It appears really most likely that Massivit is actually GDP process has considerable future, given the credentials of the company’s founders and top management. If that proves to be the case, Stratasys can benefit, either as an investor or futurely as an acquirer.
Regardless of how this investment turns out, yet, it shows that Stratasys is actively looking to expand into additional nascent, less-crowded 3D printing markets. Among other benefits, possessing a competitive product in the sizeable-format 3D printing device market may most likely manufacture Stratasys less vulnerable to compelling new entrants in the polymer 3D printing space. HP and well-funded start-up Carbon3D both plan to bring to market in 2016 polymer 3D printing equipment for the enterprise market that are reportedly much swifter than those already on the market. At this point, all indications are that both of their first processs can be standard-sized. (Stratasys’ main rival, 3D Systems, in addition does not contribute any sizeable-format 3D printing equipment.) Whether or not their respective technologies can scale up remains to be seen.
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