Stratasys Spins Off Bold Machines: the Innovation Workshop; Bre Pettis Will Continue to Lead Business
Innovation Workshop will continue to foster 3D printing
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--
Ltd. (Nasdaq:SSYS), a leading global provider of 3D printing
and additive manufacturing solutions, announced that following the
successful incubation, it has spun off its "Bold Machines" unit. The
new-product incubation company is run by MakerBot founder, Bre Pettis.
Machines is a workshop that helps customers innovate and bring their
ideas to life with the help of 3D printing. Since the division was
launched, Bold Machines has helped dozens of innovators accelerate their
Bold Machines is the brainchild of — and was launched by — Bre Pettis as
a unit of Stratasys in 2014. The company offers new approaches to
industrial and personal design and fabrication. It has helped product
designers overcome challenges in a variety of industries from Bionic
limb design, to film animation support, to new architectural concept
"I have built tools that empower other people to build products for the
last decade, and I'm excited to jump over the fence and build products
myself," says Pettis. "With a strong passion for innovation and the
future of product design, we will begin a new chapter with Bold
Machines. We believe that by changing the way things are made, 3D
printing will have incalculable impact on our lives and our future."
"It's important to have entities such as Bold Machines to advance the
adoption of 3D printing and make it more accessible," says David Reis,
Chief Executive Officer at Stratasys. "Bre is a visionary and has an
unceasing desire to answer the question ‘What's Next?' I look forward to
a continued close-working relationship with Bre."
"Stratasys will continue to innovate new products, as well as work with
its partners and customers to pioneer ground-breaking applications, to
make 3D printing more accessible and widely adopted," concluded Reis.
Bold Machines will continue to explore the frontier of product
manufacturing using Stratasys 3D Printers. This includes 3D printers
from the PolyJet, Fortus, Solidscape, and MakerBot product lines.
Stratasys Ltd. (Nasdaq:SSYS), headquartered in Minneapolis,
Minnesota and Rehovot, Israel, is a leading global provider of 3D
printing and additive manufacturing solutions. The company's patented FDM®
and PolyJet™ 3D Printing technologies produce prototypes and
manufactured goods directly from 3D CAD files or other 3D content.
Systems include 3D printers for idea development, prototyping and direct
digital manufacturing. Stratasys subsidiaries include MakerBot and
Solidscape, and the company operates the digital parts manufacturing
service, Stratasys Direct Manufacturing. Stratasys has more than 3,000
employees, holds over 800 granted or pending additive manufacturing
patents globally, and has received more than 30 awards for its
technology and leadership. Online at: www.stratasys.com
Stratasys, Fortus, Solidscape and MakerBot are registered trademarks,
and PolyJet, is a trademark of Stratasys Ltd. and/or its subsidiaries or
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View source version on businesswire.com: http://www.businesswire.com/news/home/20150615005253/en/
Joe Hiemenz, +1-952-906-2726
Bre Pettis, +1-917-696-0734
Source: Stratasys Ltd.
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