Business
Stratasys and AM Craft Partner to Drive Growth in 3D Part Manufacturing for Aviation
Aligning Stratasys’s deep technical expertise and leadership in the aerospace industry with AM Craft’s distributed production model for certified aviation
About this update from Stratasys, Ltd.
[{"type":"text","content":"\nAligning Stratasys’s deep technical expertise and leadership in the aerospace industry with AM Craft’s distributed production model for certified aviation parts positions both companies for sustained growth in aviation part manufacturing\n\n\n EDEN PRAIRIE, Minn. & REHOVOT, Israel & RIGA, Latvia--(BUSINESS WIRE)--\nStratasys Ltd. (NASDAQ: SSYS) and aviation manufacturing pioneer AM Craft, announced today that they are partnering to align the two companies’ efforts to grow the demand for flight-certified 3D printed parts in the aviation industry. The companies signed a definitive commercial collaboration agreement, along with Stratasys’ strategic investment in AM Craft.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624165604/en/These 3D Printed custom cup holders and trays are printed in color and installed in regional jet cockpits without need for further finishing. (Photo: Business Wire)\nHolding an EASA Part 21G Production Organization Approval, AM Craft solves a key barrier to broader adoption of 3D printed parts in the aviation industry by delivering airworthiness certified parts to airlines, MROs, and OEMs. Additive manufacturing has strong appeal as a supply chain solution in these markets due to the long sustainment life of aircraft and the resulting challenges in forecasting and stocking replacement parts.\n\n\n“The low volume, high mix nature of the aviation aftermarket has resulted in extreme challenges to supply even the most minor of parts necessary to keep global fleets flying,” said Stratasys Senior Vice President Jeff Hemenway. “Additive manufacturing addresses those challenges by cost-effectively producing at the rates and volumes required. AM Craft’s EASA-approved approach to certification takes this burden off the end customer.”\n\n\nTo facilitate the partnership with Stratasys, Hemenway is joining the AM Craft board of directors.\n\n\nDidzis Dejus, CEO of AM Craft, adds, “Aligning with Stratasys will further strengthen the confidence of our customers that we can supply them with needed parts. Given Stratasys’ leadership in additive manufacturing we will continue to drive the adoption of 3D printing in the airline and MRO industries. Their technology is an ideal fit for aviation.”\n\n\nAM Craft currently produces aviation components in Europ...