Stratiss and Nano-Dimension suspend business activity with the Russian market – Techtime

by time news

March 6, 2022

The embargo is part of an initiative of the leading companies in the global 3D industry. The 3D printing market in Russia does not exceed $ 1 billion. “A united front must be found”

The Israeli company Stratasys and Nano-Dimension have announced that they have decided, together with prominent companies in the global 3D printing industry, to suspend all business activities with the Russian market, until further notice, in light of the Russian invasion of Ukraine.

In a position paper on behalf of the leading companies in the industry, and signed by companies such as 3D Systems, Incus, Desktop Metal, ROX and more, They are said to support policies outlined by the international community, NATO, the European Union and the German federal government. The 3D printing market in Russia is not large and is estimated to be around $ 1 billion. In December 2020, a number of Russian energy, aviation and security companies, with the encouragement of government bodies, formulated a roadmap for promoting the country’s 3D infrastructure, with the aim of expanding the local 3D market 2.5 times by 2030. A prolonged boycott by the global 3D industry will surely hurt these efforts .

CEO of Stratis, Dr. Yoav Zeif [בתמונה למעלה]said: “We must have a united and strong front in defending freedom, peace and democracy. We look with great concern at the current situation and express solidarity with those affected by the fighting and offer them our support and any humanitarian assistance that may be required. We stand behind the Ukrainian people. ”

Posted in categories: 3D-PRINTING, News

Posted in tags: Yoav Zayef, Nano-Dimension, Stratiss

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