STRATASYS INCREASES INVESTMENT IN XAAR 3D TO 45% WITH OPTION FOR TAKEOVER

3D Printing Industry | 9/19/2019 | Anas Essop
n.king (Posted by) Level 3
Click For Photo: https://3dprintingindustry.com/wp-content/uploads/2016/12/Xaar-High-Speed-Sintered-parts-1024x576.jpg


Click For Photo: https://3dprintingindustry.com/wp-content/uploads/2016/12/Xaar-High-Speed-Sintered-parts.jpg

Leading 3D printer OEM Stratasys has increased its stake in Xaar 3D, the 3D printing arm of a UK supplier of inkjet printheads, Xaar PLC, from 15% to 45%. Through this new strategic agreement, Stratasys also has the option to acquire the remaining 55% upon shareholder approval.

The aim of this investment is to accelerate the development of High-Speed Sintering (HSS) technology for end-use parts applications in low-to-medium production volumes. Omer Krieger, EVP Products, Stratasys, stated, “Xaar 3D has made significant progress over the past year and we see benefits to Stratasys in extending its investment in Xaar 3D’s innovative HSS based solutions.”

Technology - Xaar - Expertise - Parties - Exploitation

“We look forward to continue developing the technology together with Xaar and believe the combined expertise of both parties will lead to the exploitation of the technology’s promising potential.”

Stratasys helped form Xaar 3D in 2018 for the purpose of commercializing HSS technology. Xaar 3D Director of Technology Professor Neil Hopkinson invented and patented HSS at Loughborough University. It is an industrial polymer 3D printing process harnessing the Xaar’s piezo inkjet printheads for faster end-use production.

Genesis - Technology - Systems - Viability - SLA

During the genesis of this technology, which was funded by 3D Systems, the viability of SLA 3D printed molds for injection molding was explored. Professor Hopkinson sought to combine the two processes, eliminating the mold-making process, ultimately accelerating rapid prototyping.

Following the establishment of Xaar 3D, Chuck...
(Excerpt) Read more at: 3D Printing Industry
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