Xaar joins forces with Stratasys in 3D printing drive

By
0 mins. to read
Xaar joins forces with Stratasys in 3D printing drive
Master Investor Magazine 40 cover

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

Printing specialist Xaar (LON:XAR) is to invest alongside Nasdaq-listed additive manufacturing company Stratasys in the formation of a new company called Xaar 3D, to develop 3D printing solutions based on high-speed sintering technologies.

It is intended that Xaar 3D will leverage the “natural synergies” between Xaar and Stratasys, specifically Xaar’s technology relating to high-speed sintering and industrial inkjet printheads, along with the commercial and market expertise of Stratasys.

“This joint investment in the development of 3D printing technologies reinforces the value created by our research and development, and continues our plan to diversify Xaar’s business,” commented Xaar.

Shares in Xaar jumped 14.9p to 255.4p (as at 10:49 BST).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.