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Jim Kor Designed The First 3D-printed Automobile Built By RedEye On Demand. URBEE 2, A Two-passenger Hybrid, Will Hit The Road In Two Years. (Photo: KOR EcoLogic)

Stocks in this article: SSYS

Please replace the caption for release dated March 5, 2013 with the accompanying corrected caption.

Jim Kor designed the first 3D-printed automobile built by RedEye On Demand. URBEE 2, a two-passenger ...

Jim Kor designed the first 3D-printed automobile built by RedEye On Demand. URBEE 2, a two-passenger hybrid, will hit the road in two years. (Photo: Phil Hossack)

The release reads:

AT REDEYE ON DEMAND, 3D PRINTED CARS EDGE CLOSER TO PRODUCTION

Road-ready URBEE 2 will set new precedent for building fuel-efficient vehicles

RedEye On Demand, a rapid prototyping and direct digital manufacturing service, and its parent company Stratasys, Ltd. (NASDAQ: SSYS) today announce a collaboration with KOR EcoLogic to produce URBEE 2, the first road-ready, fuel-efficient car built using 3D printing, or additive manufacturing, technologies. Targeted to hit the road in two years, URBEE 2 represents a significant milestone in the world of traditional assembly-line manufacturing.

“A future where 3D printers build cars may not be far off after all,” said Jim Bartel, Stratasys vice president of RedEye On Demand. “Jim Kor and his team at KOR EcoLogic had a vision for a more fuel-efficient car that would change how the world approaches manufacturing and today we’re achieving it. URBEE 2 shows the manufacturing world that anything really is possible. There are few design challenges additive manufacturing capabilities can’t solve.”

The KOR EcoLogic team will fully design URBEE 2 in CAD files, sending them to RedEye On Demand for building through Stratasys’ Fused Deposition Modeling (FDM) process. This unique process applies thermoplastics in layers from the bottom up, yielding parts that are durable, precise and repeatable. The finished two-passenger vehicle will comprise 40 large, intricate 3D-printed parts compared to hundreds of parts in the average car. The strong, lightweight vehicle will be designed to go 70 mph on the freeway, using a biofuel like 100 percent ethanol. The goal is for URBEE 2 to drive from San Francisco to New York City on only 10 gallons of fuel, setting a new world record.

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