Business
PTC for Startups Program Helps Companies Design, Produce, and Launch Next-Generation Products
PTC (NASDAQ: PTC) today announced the expansion of its startup program to companies across all industries, extending a model that began with its Aerospace and Defense Startup Program, launched in 2025. Building on that program's success, PTC for Startups now makes PTC's professional-grade product development tools available to qualifying early and growth-stage startups worldwide — at no cost.
About this update from Ptc Inc.
BOSTON , May 13, 2026 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the expansion of its startup program to companies across all industries, extending a model that began with its Aerospace and Defense Startup Program, launched in 2025. Building on that program's success, PTC for Startups now makes PTC's professional-grade product development tools available to qualifying early and growth-stage startups worldwide — at no cost. Qualifying startups receive free access for five users each to PTC's Onshape® cloud-native CAD and product data management (PDM) platform, Creo+® SaaS computer-aided design (CAD) solution, and Codebeamer+™ SaaS application lifecycle management (ALM) solution. A startup package for PTC's Arena® product lifecycle management (PLM) and quality management system (QMS) solution is also available at a discounted rate. Creo+, Onshape, and Codebeamer+ licenses are renewable annually with no time limit, as long as startups continue to meet program eligibility requirements, ensuring support through key funding and revenue milestones. "When you're pioneering reusable spaceflight, and your launch window won't wait, you need to move fast," said Will Sherman, CTO and Co-Founder, Reditus Space. "From our first day in the Startup Program, we had full access to professional-grade CAD and PDM tools without the friction of license management or IT overhead, so our teams could scale confidently with the compliance and control we needed." The expanded program reflects PTC's belief that early-stage companies shouldn't face financial barriers to enterprise-grade tooling. For startups, speed matters most: bringing products to market quickly while navigating rapid iteration, lean teams, distributed collaboration, and the constant pressure of fundraising and growth. PTC for Startups is designed to help founders move faster from day one with cloud tools that support agility, teamwork, and scale at every stage of the journey. "We went from idea to CAD, prototype, and procurement in about seven days. That wouldn't have been possible without PTC," says Ivan Tregear, Chief Technology Officer, KAIKAKU. "Non-blocking releases and collaborative workflows let us iterate hardware at the speed required by an early-stage startup." Beyond software, participants gain access to PTC's global e...