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INNOVATION STORIES:
3D PRINTING COMPANIES
2ark-invest.com
What is 3D printing?
3D Printing, or more broadly,
additive manufacturing, is the
process of building objects
layer-by-layer instead of
using a mold or removing
material from a larger
block. This allows for radically
new part architectures,
decreased costs, reduced
weight, and shorter time to
production.
http://research.ark-invest.com/3d-printing-white-paper
3ark-invest.com
1983
Chuck Hull, co-founder
of 3D Systems, invents
stereolithography (SLA)
1989
Scott and Lisa Crump,
co-founders of Stratasys,
invent and patent “fused
deposition modeling”
1992
3D Systems makes the
first commercial sale of
a stereolithography
machine.
https://3dprint.com/72171/first-3d-printer-chuck-hull
https://www.cta.tech/News/Blog/Articles/2014/February/The-History-of-3D-Printing.aspx
4ark-invest.com
2001
Luke Massella becomes
the first patient to receive
a bioprinted bladder,
made from his own cells.
2007
Objet launches the Objet
Connex, the first 3D printer
capable of printing an object
with multiple materials.
2007
The RepRap Project
releases Darwin, the first
self replicating printer,
using open-source software.
https://www.cta.tech/News/Blog/Articles/2014/February/The-History-of-3D-Printing.aspx
5ark-invest.com
2009
The patent for “fused
deposition modeling”
expires, which helps the
industry take off.
2009
MakerBot starts selling
DIY kits to make your
own 3D printer.
2011
The first car with a 3D
printed body, Urbee, is
co-created by Kor Ecologic
and Stratasys.
https://www.cta.tech/News/Blog/Articles/2014/February/The-History-of-3D-Printing.aspx
6ark-invest.com
2011
An 83-year-old woman
becomes the first recipient
of a 3D printed jaw.
2013 UPS begins to offer in-
store 3D printing services.
2016
GE acquires two metal
3D printing companies,
Arcam and SLM Solutions,
for $1.4 billion.
https://www.cta.tech/News/Blog/Articles/2014/February/The-History-of-3D-Printing.aspx
http://fortune.com/2016/09/19/ups-expands-3d-printing/
http://www.geaviation.com/press/other/other_20160906.html
7ark-invest.com
Despite its long history…we believe the 3D
printing opportunity has only just begun!
8ark-invest.com
3D printing took 20 years to reach a market value of $1
billion, only 5 years to reach $2 billion, and analysts project it
will grow 400% over the next 10 years, (as seen below).
http://research.ark-invest.com/3d-printing-white-paper
9ark-invest.com
BENEFITS OF 3D PRINTING
• Higher productivity
• Lower costs
• More agility
10ark-invest.com
There are many companies in the 3D printing industry
who will benefit as the technology progresses…
PLAYERS IN THE 3D PRINTING INDUSTRY
http://research.ark-invest.com/3d-printing-white-paper
11ark-invest.com
MARKET OPPORTUNITIES
The final frontier of 3D printing should be the finished product
market – an additional $500 billion opportunity!
http://research.ark-invest.com/3d-printing-white-paper
12ark-invest.com
• Aerospace & Aviation
• Automotive
• Health Care
• Retail
USE CASES
13ark-invest.com
AEROSPACE & AVIATION
Airbus expects 3D
printing to bring 50%
weight savings and
60-70% cost savings
for aircraft parts.
A320 planes could
save 465,000 metric
tons of CO2 emissions
a year – equivalent of
taking 96,000 cars off
the road.
http://www.computerworld.com/article/2490930/enterprise-applications-3d-printing-makes-its-move-into-production.html
14ark-invest.com
AUTOMOTIVE
Ford 3D printed over
500,000 parts over the
last decade (molds and
prototypes)… saving
billions of dollars and
millions of labor hours.
https://corporate.ford.com/innovation/building-in-the-automotive-sandbox.html
15ark-invest.com
HEALTH CARE U.S. hearing aid industry
converted to 100% 3D
printing in less than 500
days… Not one firm that
stuck to traditional
manufacturing methods is
around today.
https://hbr.org/2015/05/the-3-d-printing-revolution
16ark-invest.com
RETAIL
Adidas created the
Futurecraft, 3D
printed running shoe
midsole, which can be
tailored to the needs
of an individual’s foot.
http://www.materialise.com/en/cases/adidas-futurecraft-ultimate-3d-printed-personalized-shoe
17ark-invest.com
As the manufacturing industry faces increased pressure to cut costs
and gain efficiencies, 3D printing provides the core value
propositions of: higher productivity, better agility, and lower
costs.
http://research.ark-invest.com/3d-printing-white-paper
18ark-invest.com
To learn more about 3D printing
and its long-term growth
opportunities, download our
free white paper:
3D Printing: A Disruptive
Innovation In Its Infancy
www.ark-invest.com/whitepapers
19ark-invest.com
IMAGE WORK CITED
https://upload.wikimedia.org/wikipedia/commons/b/b8/Felix_3D_Printer_-_Printing_Head.JPG
https://c1.staticflickr.com/9/8181/7948387510_3ee31145f5_b.jpg
https://upload.wikimedia.org/wikipedia/commons/7/7b/3D_Systems_Logo.png
https://en.wikipedia.org/wiki/Stratasys#/media/File:Stratasys_logo.png
https://upload.wikimedia.org/wikipedia/commons/thumb/9/99/Stereolithography_apparatus_vector.svg/2000px-
Stereolithography_apparatus_vector.svg.png
https://www.flickr.com/photos/armymedicine/14441713519
https://upload.wikimedia.org/wikipedia/commons/a/a4/Urbee_fig1.jpg
http://www.worldrecordacademy.com/medical/img/112714-2_first_3D_printed_jaw_transplant_LayerWise.jpg
https://upload.wikimedia.org/wikipedia/commons/thumb/6/6b/United_Parcel_Service_logo_2014.svg/857px-
United_Parcel_Service_logo_2014.svg.png
https://upload.wikimedia.org/wikipedia/commons/thumb/f/ff/General_Electric_logo.svg/2000px-General_Electric_logo.svg.png
https://c2.staticflickr.com/4/3375/5838533639_106a94db0d_b.jpg
https://pixabay.com/p-597523/?no_redirect
http://www.airbusgroup.com/int/en/news-media/media~item=jcr%3Ae85bbeb1-2512-46aa-a3d8-f5f8c852b475~.html
https://media.ford.com/content/fordmedia/fna/us/en/news/2013/12/12/ford_s-3d-printed-auto-parts-save-millions--boost-quality.html
http://www.materialise.com/en/cases/adidas-futurecraft-ultimate-3d-printed-personalized-shoe
http://www.forbes.com/sites/rakeshsharma/2013/07/08/the-3d-printing-revolution-you-have-not-heard-about/
https://upload.wikimedia.org/wikipedia/commons/f/fe/Printing_with_a_3D_printer_at_Makers_Party_Bangalore_2013_12.JPG
20ark-invest.com
DISCLOSURE
©2017, ARK Investment Management LLC. All content is original and has been researched and produced by ARK Investment Management LLC
(“ARK”) unless otherwise stated herein. No part of this content may be reproduced in any form, or referred to in any other publication, without the
express written permission of ARK.
This material is for informational purposes only and does not constitute, either explicitly or implicitly, any provision of services or products by ARK.
Nothing contained herein constitutes investment, legal, tax or other advice and is not to be relied on in making an investment or other decision.
Investors should determine for themselves whether a particular service or product is suitable for their investment needs or should seek such
professional advice for their particular situation.
All statements made herein are strictly beliefs and points of view held by ARK. Certain of the statements contained herein may be statements of
future expectations and other forward-looking statements that are based on ARK’s current views and assumptions and involve known and unknown
risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements.
In addition to statements that are forward-looking by reason of context, the words “may, will, should, could, expects, plans, intends, anticipates,
believes, estimates, predicts, potential, projected, or continue” and similar expressions identify forward-looking statements. ARK assumes no
obligation to update any forward-looking information contained herein. Although ARK has taken reasonable care to ensure that the information
contained herein is accurate, no representation or warranty (including liability towards third parties), expressed or implied, is made by ARK as to its
accuracy, reliability or completeness.
Any reference to a particular company or security is not an endorsement by ARK of that company or security or a recommendation by ARK to buy,
sell or hold such security. ARK and clients as well as its related persons may (but do not necessarily) have financial interests in securities or issuers
referenced. Investors should determine for themselves whether a particular security is suitable for their investment needs or should seek such
professional advice for their particular situation.
Any descriptions of, references to, or links to other publications, sites, products or services do not constitute an endorsement, authorization,
sponsorship by or affiliation with ARK with respect to any such publication, site, product or service or its sponsor, unless expressly stated by ARK. Any
such publication, site, product or service have not necessarily been reviewed by ARK and are provided or maintained by third parties over whom
ARK exercises no control. ARK expressly disclaims any responsibility for the content, the accuracy of the information, and/or quality of products or
services provided by or advertised by these third-party publications or sites.
ARK’s statements are not an endorsement of any company or a recommendation to buy, sell or hold any security. For a list of all purchases and sales
made by ARK for client accounts during the past year that could be considered by the SEC as recommendations, visit http://ark-invest.com/wp-
content/trades/ARK_Trades.pdf. It should not be assumed that recommendations made in the future will be profitable or will equal the performance
of the securities in this list. For full disclosures, visit http://ark-invest.com/terms-of-use.

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Innovation Stories: 3D Printing Companies