3D Sytems SLA Material
3D Systems' stock went through the roof yesterday (9th April), shooting up from $31.45 at close on Monday 8th to $32.71 at close the following day, at one stage it was as high as $33.39.
After the all-time high in January of $47.99 an article in February calling the stock “bubble stock” saw it take a rapid downhill turn falling back down below $30, since then it’s been slowly but surely climbing back up the stock market tower.
Yesterday’s upturn in fortunes will come as fantastic news to 3D Systems, not just stock wise but the growth came on a day they released a press release about the release of Accura Xtreme White-200 plastic for use in 3D Systems' iPro SLA printers, a “gold-standard” for quality and accuracy.
Obviously the growth is heavily linked and means there’s been a particularly positive reception to the new SLA material, it also does away with Citron’s myth that 3D Systems had not been investing in R&D.
As for the SLA material itself, 3D Sytems say it is the top choice for functional assemblies that must stand up to the harshest, most demanding environments.
"The new Accura Xtreme White-200 exhibits faster build speeds, better detail fidelity and nicer sidewall quality than other durable materials we've previously offered," said Steve Grundahl, President of MidWest Prototyping. "All this while providing incredibly durable parts."
"Our new Accura Xtreme White-200 material is a revolutionary breakthrough in SLA plastics," said Steve Hanna, Global Director of Materials, for 3D Systems. "Accura Xtreme White - 200 parts have the toughness and durability of ABS for both prototyping and manufacturing uses. Best of all, these parts reflect a stunning white finish that replicates the look and feel of an injection moulded part."
3D Systems are on a bit of a roll, they're stock is continuing to rise ($34.40 at time of writing) and they've added the number one worldwide reseller of Dassault Systemes' SolidWorks CAD software, Hawk Ridge Systems, to their reseller network.