Stratasys Ltd (NASDAQ:SSYS) shares soared Monday as the company revealed how it’s revolutionizing the world of 3D printing.
The 3D printer developer announce that it is launching J750, a 3D printer with unprecedented technology that is capable of printing 360,000 colors.
Over the last six months, Stratasys has been developing the printer, which can print, paint and finish an object in only 30 minutes–it took three hours to do so with an old prototype.
The J750 uses more colors and materials than any other device in the world of 3D printing. The price of the Stratasys printer has not been revealed yet, but it will likely be in the hundreds of thousands of dollars range.
The device’s materials include metal, wood, human cells and more.
SSYS stock is up 8.7% Monday.