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Stratasys enables Subaru to halve tool development time

Stratasys, an Israeli 3D printer manufacturer, saw its stock surge after announcing that Japanese automaker Subaru was able to reduce tool development time on its assembly lines by half using Stratasys technology. The company's share price jumped 14.7% on Thursday, though it later dipped, ending the week up 8.4%. Since the start of the year, Stratasys shares have climbed 29%, giving the company a market value of $956 million. The largest shareholder, Israeli private equity fund Fortissimo, has seen a significant paper profit from its investment in the company.

Original article source: https://en.globes.co.il/en/article-stratasys-enables-subaru-to-halve-tool-development-time-1001532285
Source Id: 9048483879

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