Blog Menu

12 Years Later, 3D Printing Group Added

March 29, 2003

Filed under: additive manufacturing — Terry Wohlers @ 16:55

It has been in the works for some time. Now, it’s official. Yesterday, Stratasys announced the formation of a business unit dedicated to 3D printing. Company founder and the inventor of fused deposition modeling (FDM), Scott Crump, envisioned a large market for 3D printers, even before the company sold its first FDM machines 12 years ago. So what took so long to create a business unit focused on the technology? It wasn’t until recently that the company had a product that could truly make a difference in this market segment. Genisys was a serious attempt, but it failed. Crump had very high hopes for Genisys after acquiring the patents and technology from IBM in 1995. The Dimension product, introduced about 13 months ago, has quickly become what Genisys was meant to be. Priced at $29,900 and offering ABS plastic, Stratasys has hit a sweet spot in the market. With industry veteran Jon Cobb heading the Dimension 3D Printing Group as vice president and general manager, I expect to see this group develop and expand into something special.