Stratasys (SSYS) introduces ProtectAM, expands product portfolio – October 1, 2021

Stratasys (SSYS Free Report) recently launched a new cybersecurity additive manufacturing solution called ProtectAM. The latest product launch is primarily aimed at providing more security while implementing US government 3D printing solutions.

According to the Security Implementation Guide issued by the Defense Information System Agency (“DISA”) of the US Department of Defense, the US government is required to use cybersecurity platforms to comply with security protocols. Stratasys launched ProtectAM to meet the data security needs that come with the growing demand for 3D printing implementations in the US government.

ProtectAM will be the first data security platform to use Red Hat Enterprise Linux, an open source operating system, in additive manufacturing. Red Hat Enterprise Linux will ensure that the various government agencies that use 3D printing technology have sensitive, yet flexible and scalable data processing.

The rollout will initially be available for Stratasys Fortus 450mc printers on October 1st. It will be available for other Stratasys large format FDM printers such as the F900 by the end of this year, while the same is expected to be available for the F370 and F770 models in the first quarter of fiscal year 2022 for printers that use Stratasys technologies other than FDM use.

It’s worth noting that its rollout in the coming days is likely to help other industry segments by delivering cybersecurity solutions and accelerating distributed manufacturing through 3D printing.

Stratasys, the global leader in additive manufacturing, recently launched several other innovative products that make prototyping easy in hours, reducing development time and upfront costs.

Most recently, the company presented J35 Pro, its first multi-material 3D printer. The printer offers the ability to combine a wide variety of materials that can be printed at the same time, giving engineers and designers the flexibility to produce parts that exactly meet their needs. It also launched J55 Prime, an expanded version of the J55 printer introduced in 2020.

Previously, Stratasys introduced J5 MediJet, a compact medical 3D printer that integrates multiple applications into one system and enables the creation of complex anatomical 3D models. The printer runs 30% faster than other 3D printers.

With large numbers of engineers, designers, architects, and contractors turning to 3D solutions for their primary construction and product modeling, the 3D printing market becomes a cheap long-term investment opportunity. The bright prospects of the 3D printing space have seen competition between 3D printers such as HP Inc. (HPQ Free report), 3D systems (DDD Free report) and voxeljet AG (VJET Free report).

Stratasys is currently ranked # 3 (Hold) by Zacks. You can see the full list of current Zacks # 1 Rank (Strong Buy) stocks here.

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