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Share Name | Share Symbol | Market | Type |
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Stratasys Ltd | NASDAQ:SSYS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.12 | 1.23% | 9.84 | 9.90 | 10.00 | 9.98 | 9.66 | 9.78 | 240,514 | 22:53:32 |
McLaren Racing is expanding its use of Stratasys (Nasdaq: SSYS) 3D printing to produce components for its 2017 Formula 1 MCL32 race car with the goal of accelerating design modifications and reducing weight to increase performance.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170407005040/en/
Hydraulic line bracket for the McLaren MCL32 race car, 3D printed on a Stratasys FDM 3D Printer using Nylon12CF material (Photo: Stratasys)
Some of the 3D printed parts designed to improve performance which have been applied to the 2017 race car include:
“We are consistently modifying and improving our Formula 1 car designs, so the ability to test new designs quickly is critical to making the car lighter and more importantly increasing the number of tangible iterations in improved car performance. If we can bring new developments to the car one race earlier - going from new idea to new part in only a few days – this will be a key factor in making the McLaren MCL32 more competitive. By expanding the use of Stratasys 3D printing in our manufacturing processes, including producing final car components, composite lay-up and sacrificial tools, cutting jigs, and more, we are decreasing our lead times while increasing part complexity,” said Neil Oatley, Design and Development Director, McLaren Racing Limited.
To further accelerate design and manufacturing cycles, McLaren Honda will be bringing a Stratasys uPrint SE Plus to track testing and races on-site, enabling the team to produce parts and tooling on demand.
“Formula 1 is one of the world’s best proving grounds for our additive manufacturing solutions. As the Official Supplier of 3D Printing Solutions to the McLaren-Honda Formula 1 team, we are working closely together to solve their engineering challenges in the workshop, in the wind-tunnel, and on the track. We believe that this, in turn, will enable us to develop new materials and applications that bring new efficiencies and capabilities to McLaren Racing and other automotive designers and manufacturers,” said Andy Middleton, President, Stratasys EMEA.
About McLaren:New Zealand racing driver Bruce McLaren founded the McLaren team in 1963. At Monaco in 2016, McLaren celebrated 50 years of racing in Formula 1. Since 1966, when it entered its first Formula 1 race, McLaren has won 20 world championships and over 180 grands prix. It is now globally renowned as one of sport’s most successful competitors and as one of the world’s most illustrious high-technology brands.
The McLaren Technology Group has grown to encompass much more than just grand prix racing: McLaren produced the 1990s’ original supercar, the McLaren F1, and, with the launch of McLaren Automotive, has gone on to introduce a series of high-performance cars, including the ground-breaking McLaren P1™.
McLaren Applied Technologies develops strategic business partnerships that harness our expertise in high-performance design, performance-management and simulation systems. It also develops, builds and services control units for the entire Formula 1, Indy Car and NASCAR grids.
The McLaren-Honda team campaigns the 2017 FIA Formula 1 World Championship with double world champion Fernando Alonso and Belgian rookie Stoffel Vandoorne, who scored points on his race debut for McLaren-Honda, in a one-off performance at the 2016 Bahrain Grand Prix.
About Stratasys:For more than 25 years, Stratasys Ltd. (NASDAQ:SSYS) has been a defining force and dominant player in 3D printing and additive manufacturing – shaping the way things are made. Headquartered in Minneapolis, Minnesota and Rehovot, Israel, the company empowers customers across a broad range of vertical markets by enabling new paradigms for design and manufacturing. The company’s solutions provide customers with unmatched design freedom and manufacturing flexibility – reducing time-to-market and lowering development costs, while improving designs and communications. Stratasys subsidiaries include MakerBot and Solidscape, and the Stratasys ecosystem includes 3D printers for prototyping and production; a wide range of 3D printing materials; parts on-demand via Stratasys Direct Manufacturing; strategic consulting and professional services; and the Thingiverse and GrabCAD communities with over 2 million 3D printable files for free designs. With more than 2,700 employees and 1,200 granted or pending additive manufacturing patents, Stratasys has received more than 30 technology and leadership awards. Visit us online at: www.stratasys.com or http://blog.stratasys.com/, and follow us on LinkedIn.
Stratasys is a registered trademark of Stratasys Ltd. and/or its subsidiaries or affiliates.
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To access a wide range of images and videos from McLaren Racing and Stratasys, please use the following link to the Stratasys Newsroom.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170407005040/en/
McLaren Racing Media ContactsMatt BishopGroup media, content & communications directormatt.bishop@mclaren.comorSteve CooperHead of media & creative contentsteve.cooper@mclaren.comorSilvia Hoffer FrangipanePress office managersilvia.hoffer@mclaren.comorStratasys Media ContactsArita Mattsoff – StratasysTel. +972 74 745 4000arita@stratasys.comorJoe HiemenzTel. +952-906-2726Joe.Hiemenz@stratasys.comorEurope - Incus MediaJonathan Wake / Miguel AfonsoTel. +44 1737 215200stratasys@incus-media.comorNorth AmericaCraig LibrettTel. +1 518-424-2497Craig.Librett@stratasys.com
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