Stratasys (SSYS) and Lockheed Martin Partner for Qualification Data
Stratasys SSYS recently announced its collaboration with Lockheed Martin LMT and Metropolitan State University of Denver will provide material qualification benchmark data for the Antero 840CN03 filament material to the public.
Stratasys Antero 840CN03 is a high performance PEKK-based FDM thermoplastic with strong mechanical and material properties, such as electrostatic dissipation (“ESD”), temperature resistance, chemical resistance, wear properties exceptional performance and ultra-low outgassing. It is ideal for low-volume, highly-customized production parts and functional prototypes that need to withstand more extreme conditions. The main advantage of thermoplastic over the company’s other high performance materials is its ESD, high chemical resistance and low outgassing properties.
Antero 840CN03 is currently available on the Stratasys F900 and Fortus 450mc with a 0.010 inch cut height. The F900 uses a T20D tip, while the Fortus 450mc uses a T20F tip for the model material.
Stratasys, Ltd. Price and consensus
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Lockheed Martin collected the necessary data in Littleton, CO to qualify the Antero 840CN03 for flight parts and expand its use beyond its application on the Orion vehicle. Further testing will expand additional relevant properties, revealing data to design engineers for applying Antero to other environments.
The latest collaboration will accelerate the adoption of additive manufacturing in the aerospace industry. Indeed, Metropolitan State University of Denver will publish the qualifying data report online and provide full public access. This will allow university students to prepare well for their future in the aerospace industry. The university also trains them using additive and subtractive manufacturing which reduces costs.
Minnesota-based Stratasys is taking advantage of the growing demand for 3D printed materials. The launch of several innovative products positions it well for the long term. In December 2021, it strengthened its dental solutions portfolio with the launch of the Origin One Dental 3D printer, providing complete additive manufacturing solutions to the dental industry.
Previously, it launched Digital Anatomy Creator, a new software module designed for digital anatomy 3D printers to improve personalized healthcare through anatomical modeling solutions.
In September, it launched a new cybersecurity solution for additive manufacturing called ProtectAM. In June, it unveiled J5 MediJet, a compact medical 3D printer that integrates multiple applications into a single system and thus enables the creation of complex 3D anatomical models. The new printer works 30% faster than other 3D printers.
Zacks ranking and other key picks
Stratasys currently carries a Zacks Rank #2 (Buy), while Lockheed Martin carries a Zacks Rank #3 (Hold). Shares of SSYS and LMT have risen 1.3% and 20.7%, respectively, over the past year.
Some other top-ranked stocks in the broader IT and technology sector are Advanced micro-systems AMD, sporting a Zacks rank #1 (Strong Buy), and Axcelis Technologies ACLS, wearing a Zacks rank #2. You can see the full list of today’s Zacks #1 Rank stocks here.
The Zacks consensus estimate for Advanced Micro Devices’ fiscal 2022 first-quarter earnings has been revised up 23 cents to 91 cents per share over the past 60 days. For fiscal 2022, Advanced Micro Devices’ earnings estimates have moved north 70 cents to $3.99 per share in the past 60 days.
AMD’s earnings have exceeded the Zacks consensus estimate in the previous four quarters, with the average surprise being 17%. Shares of Advanced Micro Devices have jumped 51.9% over the past year.
Zacks’ consensus estimate for Axcelis’ first-quarter 2022 earnings has been revised up 5 cents to 92 cents per share in the past 60 days. For 2022, Axcelis earnings estimates rose 12.4% to $3.99 per share over the past 60 days.
Axcelis’ earnings have exceeded the Zacks consensus estimate in each of the previous four quarters, with the average surprise being 30.3%. ACLS shares have climbed 88.5% over the past year.
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