Stratasys
Ltd. (Nasdaq:SSYS), a global leader of 3D printing and additive
manufacturing solutions, announced today its partnership with FirstBuild,
a GE affiliate. The partnership combines co-creation and
micro-manufacturing to build and commercialize the next evolution of
various GE appliances and accessories by leveraging 3D printing, and
other advanced manufacturing processes in an open innovation approach to
engineering.
FirstBuild is using the latest 3D printing technology from Stratasys, allowing concepts to reach the appliance industry marketplace at a rapid rate. Photo courtesy of FirstBuild
GE
Appliances, a subsidiary of General Electric Company (NYSE:GE) in
collaboration with Local
Motors, established FirstBuild, a new model for the appliance
industry aimed to allow concepts to rapidly reach the marketplace.
Individuals design and submit ideas, and a community of home
enthusiasts, designers, engineers, and makers tests out the ideas and
creates the products with the help of Stratasys 3D printing technology.
FirstBuild will then manufacture and deliver the next generation of
major home appliances to customers.
"We believe that the prospects of tapping into the hardware innovation
scene are very promising," says Gilad Gans, President of Stratasys North
America. "This is an outstanding opportunity to help revolutionize the
way things are made. This is an open-innovation environment where
FirstBuild users will be able to use our cutting-edge technology to
accelerate product development phases and create real products."
Stratasys 3D Printers will go to work in the FirstBuild micro-factory
located in Louisville, Kentucky, which is where ideas may come to grow
into real products. 3D printing along with woodworking, welding, and
other tools will be used to test and build the initial products. The
micro-factory will produce products and sell them through FirstBuild’s website
and retail store located at the micro-factory, and through traditional
retail channels.
“Incorporating Stratasys’ leading additive manufacturing technology into
our micro-factory capabilities provides an enormous benefit in both
product development and production by saving us time, money and
resources,” said Natarajan “Venkat” Venkatakrishnan, Director of
FirstBuild and Director of Advanced Technologies for GE Appliances. “It
will also give the University of Louisville engineering students and
others who work on this equipment at FirstBuild a significant advantage
as they pursue jobs in technical fields.” Watch
Venkat discuss the 3D printing systems that FirstBuild uses in its
goal to rapidly produce a new generation of home appliances.
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®,
PolyJet™, and WDM™ 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 a digital-manufacturing service,
comprising RedEye, Harvest Technologies and Solid Concepts. Stratasys
has more than 2,500 employees, holds over 600 granted or pending
additive manufacturing patents globally, and has received more than 25
awards for its technology and leadership. Online at: www.stratasys.com
or http://blog.stratasys.com.
FirstBuild, a partnership between GE and Local Motors, the
open-source hardware innovator, harnesses the expertise and creativity
of an online and offline global community that is dedicated to
conceiving, engineering and building the next generation of major home
appliances. It enables engineers, designers, scientists and home
enthusiasts to participate in the development of breakthrough appliances
and solve deep engineering challenges. Participants will identify market
needs, directly participate in the product development and watch via
social media as ideas speed from mind to market at the FirstBuild
Microfactory in Louisville, Ky. To learn more about FirstBuild, visit: http://www.FirstBuild.com/.
FDM, Stratasys and Objet are registered trademarks, and Fused Deposition
Modeling and PolyJet are trademarks of Stratasys Ltd. and or its
subsidiaries or affiliates.
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