Materialise NV (Nasdaq:MTLS) announced that it has signed an agreement with Siemens’ product lifecycle management (PLM) software business, to help create a seamless process for designing and manufacturing parts using additive manufacturing technology. Through this agreement, the two companies will work together to integrate Materialise’s industry-proven AM software technologies with Siemens’ digital solutions.
Siemens and Materialise are technology leaders who share the vision that Additive Manufacturing will revolutionize the industry. The two companies have been working closely together for several months to explore the integration of Siemens’ world-leading PLM software with best-in-class Materialise additive manufacturing (AM) technology in order to accelerate the adoption of 3D Printing for industrial production.
“This agreement will bring together a set of solutions from Siemens and Materialise that will optimize and simplify customer operations within the industrial landscape. We’ve been in the additive manufacturing business for more than 25 years and our open and neutral backbone of solutions has improved and helped to push the boundaries of the technology. Today we can say that Additive Manufacturing is a reality even in highly regulated markets such as aerospace and medical applications,” stated Stefaan Motte, Vice President of Software at Materialise. “We are really glad to partner with players of stature such as Siemens, who truly understand large-scale industrial manufacturing environments.”
“Additive manufacturing is one of the critical components of the Digital Enterprise transformation taking place right now in the global manufacturing industry,” said Zvi Feuer, Senior Vice President, Manufacturing Engineering Software, Siemens PLM Software. “By partnering with AM leaders like Materialise, we are providing the digitalization tools that will help enable this transformation.”
Details about this agreement and the specific solutions and benefits resulting from it will be announced by Siemens and Materialise later this quarter.
Materialise incorporates more than 25 years of 3D printing experience into a range of software solutions and 3D printing services, which together form a backbone for the 3D printing industry. Materialise’s open and flexible solutions enable players in a wide variety of industries, including healthcare, automotive, aerospace, art and design, and consumer goods, to build innovative 3D printing applications that aim to make the world a better and healthier place. Headquartered in Belgium, with branches worldwide, Materialise combines the largest group of software developers in the industry with one of the largest 3D printing facilities in the world.
About Materialise Software
Materialise Software provides companies with a platform of tools that manage and control the 3D printing process more efficiently, allowing them to meet the highest standards of the most demanding industries. The software solutions in the Materialise Magics 3D Print Suite are open by nature, empowering co-creation and collaboration between different players in the 3D printing and manufacturing eco-system. The Powered-by-Materialise program allows partners of Materialise to tap into these solutions, providing the industry a solid foundation to expand and grow.
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Some of the statements in this press release are “forward-looking” and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements relating to, among other things, our planned commercialization efforts and regulatory approvals of our technologies as well as the success thereof and our research and development projects. These forward-looking statements are based upon the expectations of management under current assumptions at the time of this press release. We caution you that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are in some cases beyond our control that may cause our actual results to differ materially from our expectations. We are providing this information as of the date of this press release and do not undertake any obligation to update any forward-looking statements contained in this presentation as a result of new information, future events or otherwise, unless we have obligations under the federal securities laws to update and disclose material developments related to previously disclosed information.