Stratasys Ltd.

Who founded Stratasys?

Scott and Lisa Crump founded Stratasys in 1989. Scott Crump invented Fused Deposition Modeling in 1988, the technology that underlies most of the world's 3D printers, and remains with the company as chairman and chief innovation officer.

Is Stratasys publicly traded?

Yes. Stratasys trades on NASDAQ under the ticker SSYS. It has been public since 1994.

What is Stratasys's revenue?

Stratasys reported FY2025 revenue of $551.1 million, down 3.7% from $572.5 million in 2024. Roughly two-thirds of revenue comes from recurring consumables and services.

Where is Stratasys headquartered?

Stratasys maintains dual headquarters in Eden Prairie, Minnesota, United States, and Rehovot, Israel, reflecting the 2012 merger with Objet that created the current company structure.

Does Stratasys make metal 3D printers?

No. Stratasys concentrates exclusively on polymer technologies: FDM, PolyJet, SAF powder bed, and P3 photopolymer. Metal additive manufacturing is served by competitors such as EOS, Nikon SLM Solutions, and 3D Systems.

What happened with the Desktop Metal merger?

Stratasys agreed to merge with Desktop Metal in 2023, but shareholders rejected the deal in September 2024 after activist pressure and competing takeover interest. The companies went their separate ways, and Stratasys proceeded with an independent restructuring plan.

How many employees does Stratasys have?

Stratasys employs approximately 1,900 people globally, following restructuring that reduced headcount from prior levels as the company cut operating costs.

Scott Crump built the first FDM machine in his garage in 1988, extruding a glue-gun mixture of wax and plastic to make a toy for his daughter. He and his wife Lisa founded Stratasys the following year in Eden Prairie, Minnesota, and shipped the first commercial 3D printer based on the technology in 1992. The company went public on NASDAQ in 1994.

Through the 1990s and 2000s, Stratasys grew into the leading supplier of professional rapid prototyping systems as Fortune 500 engineering departments adopted 3D printing for product development. The Dimension and Fortus product lines defined the industrial FDM category.

The 2012 merger with Objet, an Israeli company that invented PolyJet technology, was the industry's defining deal of that era, roughly doubling the company's size and giving it dual headquarters. The 2013 acquisition of MakerBot for about $400 million in stock pushed Stratasys into the desktop market just as the consumer 3D printing bubble peaked, a bet that later produced large write-downs but left the company with a major desktop brand.

A proposed megamerger with Desktop Metal was announced in 2023 and rejected by shareholders in 2024. Stratasys then restructured, cutting costs and narrowing its focus to polymer platforms where it holds technological leadership. In FY2025 the company generated positive operating cash flow of $15.1 million and grew adjusted EBITDA to $28.5 million despite a 3.7% revenue decline in a weak capital spending environment.

Stratasys positions additive manufacturing as a lower-waste production technology and participates in the Additive Manufacturing Green Trade Association and industry sustainability research. It markets recyclability programs for certain materials and promotes localized, on-demand production as a supply chain emissions reducer.

The company publishes sustainability reporting and maintains an ESG policy framework covering ethics, environment, and community engagement. No independently verified certifications such as B Corp status are held. No significant environmental or labor controversies are on record.

Stratasys's controversies have been corporate rather than product-related.

Failed mergers and shareholder battles: The company fought a public contest in 2023 and 2024 when shareholders rejected its proposed merger with Desktop Metal, and activist investor Nano Dimension pursued a hostile takeover attempt involving a tender offer and proxy fight. The episodes consumed management attention and ended with leadership and governance changes.

Consumer segment write-downs: The MakerBot acquisition and the collapse of the consumer 3D printing market produced goodwill impairments, part of the GAAP losses that have exceeded $100 million annually in recent years.

No product recalls, safety findings, or regulatory enforcement actions are on record for the company's printing systems.