Below is a
portion of an article, authored by Jesse DePinto, that appeared in the
Milwaukee Business News on March 9th, 2015:
portion of an article, authored by Jesse DePinto, that appeared in the
Milwaukee Business News on March 9th, 2015:
“By now, most
people have heard of 3D printing. We’ve all been told by now that 3D printing
can solve humanity’s problems: produce cheaper buildings, download and print
useful products at home, fabricate human organs on-demand, etc. The list goes
on. While the concept of 3D printing certainly has the potential to
revolutionize our everyday life, the technology is not ready for prime time.
people have heard of 3D printing. We’ve all been told by now that 3D printing
can solve humanity’s problems: produce cheaper buildings, download and print
useful products at home, fabricate human organs on-demand, etc. The list goes
on. While the concept of 3D printing certainly has the potential to
revolutionize our everyday life, the technology is not ready for prime time.
Stock
plummet: Two companies dominate the 3D
printing market: 3D Systems (NYSE: DDD) and Stratasys (NYSE: SSYS). Last
January, both companies were trading at their highest stock price since
inception. Since then, both stocks have been on a long, painful decline. 3D
Systems traded at its lowest price this January at $28.33 per share, compared
to $96.42 last January!
plummet: Two companies dominate the 3D
printing market: 3D Systems (NYSE: DDD) and Stratasys (NYSE: SSYS). Last
January, both companies were trading at their highest stock price since
inception. Since then, both stocks have been on a long, painful decline. 3D
Systems traded at its lowest price this January at $28.33 per share, compared
to $96.42 last January!
What does this
mean for 3D printing? It means the hype is finally over. Reality has set in.
You can’t make an iPhone on your home 3D printer like you were promised. You
can’t get an FDA-approved replacement liver. You can’t instruct your 3D printer
robot to make dinner for you.”
mean for 3D printing? It means the hype is finally over. Reality has set in.
You can’t make an iPhone on your home 3D printer like you were promised. You
can’t get an FDA-approved replacement liver. You can’t instruct your 3D printer
robot to make dinner for you.”
Blog Publisher’s
comments:
comments:
As Mr.
DePinto pointed out, 3D Systems peaked at $96.42 in January 2014.
DePinto pointed out, 3D Systems peaked at $96.42 in January 2014.
Today, 3D Systems is trading at
around $13.44.
around $13.44.
3D Systems’ sales were a wee bit higher in
2015 than in 2014.
2015 than in 2014.
Stratasys also peaked in January
2014, at $136.46.
2014, at $136.46.
Today, Stratasys is trading at
around $17.65.
around $17.65.
Stratasys’ sales were lower in 2015 than in
2014.
2014.
Since 2015,
GE has entered the 3D printing field (we did a brief blog-post about that a few
months ago). And, since 2015, HP entered
the 3D printing field with its own 3D printing equipment.
GE has entered the 3D printing field (we did a brief blog-post about that a few
months ago). And, since 2015, HP entered
the 3D printing field with its own 3D printing equipment.
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While the
future of 3D printing – additive manufacturing – appears to be very bright, it
will take quite a bit of time to see if Stratasys and 3D Systems eventually thrive,
if not survive.
future of 3D printing – additive manufacturing – appears to be very bright, it
will take quite a bit of time to see if Stratasys and 3D Systems eventually thrive,
if not survive.
Reprographics 101 
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