Stratasys is a global industrial 3D printing (additive manufacturing) company focused on polymer-based systems. Stratasys sells hardware, proprietary consumable materials, and services to industrial and commercial customers across aerospace, defense, automotive, dental, and medical industries. Customers include large manufacturers like Boeing, Airbus, GM, and Toyota, as well as dental labs and hospitals. Stratasys sells primarily through a network of over 140 exclusive resellers and channel partners, supplemented by a direct salesforce for enterprise accounts. Stratasys also operates Stratasys Direct Manufacturing (SDM), one of the largest AM service bureaus in North America, which produces parts on-demand for customers who don't own printers or need additional capacity. The core business model is "razor and blade": printers anchor customers to proprietary consumables (filaments, resins, powders), which generate recurring, higher-margin revenue. Stratasys offers five distinct polymer printing technologies — FDM, PolyJet, P3, SAF, and stereolithography — each targeting different applications. Consumables are roughly 45% of revenue, systems roughly 24%, and services roughly 31%. Stratasys's growth strategy centers on shifting its mix toward production applications (vs. prototyping), which drive higher consumable utilization and are more defensible due to lengthy certification processes in regulated industries. Stratasys is also pursuing M&A of distressed AM companies and launched a hardware-agnostic materials marketplace to sell consumables to non-Stratasys printer owners.