) received an order last Monday to supply a large number of Cube
3D printers for the participating teams of Dean Kamen's FIRST(R)
Robotics Competition (FRC(R)). Cube is a consumer printer that is
widely used across offices, classrooms and homes. These printers
have been certified as safe operability devices, enabling the
company to win a number of awards for excellent performance.
The competition is sponsored by the America Makes, Oak Ridge
National Laboratory and the United States Department of
Education. The market welcomed this news, driving the stock up by
4.3% till Friday.
Along with the Cube printers, the company is also planning to
donate each team with its suite of Cubify design software tools
that include Cubify Invent, Cubify Design and Cubify Sculpt along
with a host of cloud printing coupons, each having a value of
around $100. 3D's Cube printers will be included in the
participants' kit of parts to enhance creativity and
competitiveness among the teams.
FRC expects 3D printing to leverage the scope in engineering
industry by opening up new possibilities like efficient
prototyping of on-demand parts. The deal is part of 3D Systems'
ongoing initiative to spread the use of 3D printing by focusing
on the high quality and economical nature of the product.
3D Systems is a leading provider of 3D content-to-print
solutions including 3D printers, print materials and on-demand
custom parts services for professionals and consumers alike. In
addition, the company provides creative content development and
design productivity tools. The company also offers software
design tools including CAD (Computer-aided design), reverse
engineering and inspection, and consumer 3D printers, apps and
3D Systems currently holds a Zacks Rank #3 (Hold). However,
better-ranked companies in the same industry include
Electronics for Imaging, Inc.
Bottomline Technologies (de), Inc.
). All these stocks carry a Zacks Rank #1 (Strong Buy).
3D SYSTEMS CORP (DDD): Free Stock Analysis
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