Latest news with #Onshape
Malaysian Reserve
17-07-2025
- Business
- Malaysian Reserve
PTC Announces Startup Program to Accelerate the Future of Aerospace & Defense Innovation
Free access to Creo+, Onshape, Codebeamer+, and a startup package for Arena to enable startups to meet the speed, complexity, and compliance demands of modern aerospace and defense product development Exposure to PTC's global ecosystem of venture capitalists, incubators, and partners to support growth and industry visibility DETROIT, July 16, 2025 /PRNewswire/ — PTC (NASDAQ: PTC) today announced at the Reindustrialize Summit 2025 a new Aerospace & Defense (A&D) Startup Program to empower early and growth-stage startups with leading product development tools to help them bring new products and innovations to market faster. To eligible startups, the program offers free access to PTC's software, including its Creo+® software-as-a-service (SaaS) computer-aided design (CAD) solution, Onshape® cloud-native computer-aided design (CAD) and product data management (PDM) platform, Codebeamer+™ application lifecycle management (ALM) solution, as well as a startup package for its Arena® product lifecycle management (PLM) and quality management system (QMS) solution. As aerospace and defense modernization accelerates across all five domains – sea, air, land, space, and cyber – new technologies emerge, and global threats evolve. The industry is under pressure to move faster, integrate complex systems more effectively, and deliver mission-critical solutions with greater agility. PTC's A&D Startup Program addresses these priorities head-on, helping fuel faster and more innovative product development for startups. Startups can access Creo+, known for its advanced modeling capabilities and support for complex assemblies, as well as Onshape, a cloud-native CAD platform with built-in PDM and real-time collaboration, ideal for agile teams with minimal IT overhead. Access to Onshape includes Onshape Government, designed specifically to help meet compliance needs, like ITAR and EAR, for U.S. federal and state agencies, defense contractors, and organizations working on regulated projects. Participants can also leverage Codebeamer+, known for its support for agile development with full requirements and test management, and end-to-end traceability, as well as Arena, a cloud-native PLM and QMS platform, ideal for enabling compliance and accelerating product development at scale. Eligible startups can participate in the program for multiple years to help support growth toward key funding and revenue milestones. In addition to the free software, they will gain access to PTC's ecosystem of venture capitalists, incubators, technology partners, and fellow innovators, plus opportunities for mentorship, exposure, and industry engagement. 'Aerospace and defense startups are tackling some of the world's toughest engineering challenges, and they need tools that help them get ahead,' said David Katzman, General Manager of Arena and Onshape, PTC. 'Through this program, we're equipping them with PTC's industry-leading solutions and support from day one so they can move fast, meet compliance demands, and stay focused on building what's next.' 'Developing our own solutions demands precision and dependable tools at every stage,' said Mariarosa Argentiero, Chief Commercial Officer of ARCA Dynamics. 'Creo helps us improve our production chain and accelerate the delivery of our products. It's especially powerful for startups because it delivers the advanced capabilities needed for production without requiring additional improvements or add-ons.' 'Designing next-generation spacecraft requires tools that are as agile and forward-looking as the missions we're building,' said Ben Schleuniger, CEO and Co-Founder of Orbital Operations. 'We adopted Onshape through PTC's A&D Startup Program, giving us a fast, secure foundation to collaborate and iterate from day one. As our needs expanded, the Onshape Government offering enabled us to meet compliance requirements without slowing down. We've truly appreciated PTC's support and collaboration every step of the way.' To learn more about the program, eligibility criteria, and to apply, visit PTC Solutions for Aerospace and Defense Startups. About PTCPTC (NASDAQ: PTC) is a global software company enabling manufacturers and product companies to digitally transform how they design, manufacture, and service products. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, visit PTC Media ContactGreg Paynegpayne@ PTC Investor ContactMatt Shimaomshimao@ PTC, Creo+, Onshape, Codebeamer+, Arena, and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries.
Yahoo
16-07-2025
- Business
- Yahoo
PTC Announces Startup Program to Accelerate the Future of Aerospace & Defense Innovation
Free access to Creo+, Onshape, Codebeamer+, and a startup package for Arena to enable startups to meet the speed, complexity, and compliance demands of modern aerospace and defense product development Exposure to PTC's global ecosystem of venture capitalists, incubators, and partners to support growth and industry visibility DETROIT, July 16, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced at the Reindustrialize Summit 2025 a new Aerospace & Defense (A&D) Startup Program to empower early and growth-stage startups with leading product development tools to help them bring new products and innovations to market faster. To eligible startups, the program offers free access to PTC's software, including its Creo+® software-as-a-service (SaaS) computer-aided design (CAD) solution, Onshape® cloud-native computer-aided design (CAD) and product data management (PDM) platform, Codebeamer+™ application lifecycle management (ALM) solution, as well as a startup package for its Arena® product lifecycle management (PLM) and quality management system (QMS) solution. As aerospace and defense modernization accelerates across all five domains – sea, air, land, space, and cyber – new technologies emerge, and global threats evolve. The industry is under pressure to move faster, integrate complex systems more effectively, and deliver mission-critical solutions with greater agility. PTC's A&D Startup Program addresses these priorities head-on, helping fuel faster and more innovative product development for startups. Startups can access Creo+, known for its advanced modeling capabilities and support for complex assemblies, as well as Onshape, a cloud-native CAD platform with built-in PDM and real-time collaboration, ideal for agile teams with minimal IT overhead. Access to Onshape includes Onshape Government, designed specifically to help meet compliance needs, like ITAR and EAR, for U.S. federal and state agencies, defense contractors, and organizations working on regulated projects. Participants can also leverage Codebeamer+, known for its support for agile development with full requirements and test management, and end-to-end traceability, as well as Arena, a cloud-native PLM and QMS platform, ideal for enabling compliance and accelerating product development at scale. Eligible startups can participate in the program for multiple years to help support growth toward key funding and revenue milestones. In addition to the free software, they will gain access to PTC's ecosystem of venture capitalists, incubators, technology partners, and fellow innovators, plus opportunities for mentorship, exposure, and industry engagement. "Aerospace and defense startups are tackling some of the world's toughest engineering challenges, and they need tools that help them get ahead," said David Katzman, General Manager of Arena and Onshape, PTC. "Through this program, we're equipping them with PTC's industry-leading solutions and support from day one so they can move fast, meet compliance demands, and stay focused on building what's next." "Developing our own solutions demands precision and dependable tools at every stage," said Mariarosa Argentiero, Chief Commercial Officer of ARCA Dynamics. "Creo helps us improve our production chain and accelerate the delivery of our products. It's especially powerful for startups because it delivers the advanced capabilities needed for production without requiring additional improvements or add-ons." "Designing next-generation spacecraft requires tools that are as agile and forward-looking as the missions we're building," said Ben Schleuniger, CEO and Co-Founder of Orbital Operations. "We adopted Onshape through PTC's A&D Startup Program, giving us a fast, secure foundation to collaborate and iterate from day one. As our needs expanded, the Onshape Government offering enabled us to meet compliance requirements without slowing down. We've truly appreciated PTC's support and collaboration every step of the way." To learn more about the program, eligibility criteria, and to apply, visit PTC Solutions for Aerospace and Defense Startups. About PTCPTC (NASDAQ: PTC) is a global software company enabling manufacturers and product companies to digitally transform how they design, manufacture, and service products. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, visit PTC Media ContactGreg Paynegpayne@ PTC Investor ContactMatt Shimaomshimao@ PTC, Creo+, Onshape, Codebeamer+, Arena, and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries. View original content to download multimedia: SOURCE PTC Inc.
Yahoo
14-07-2025
- Business
- Yahoo
KeyBanc Maintains ‘Overweight' Rating on PTC Inc. (PTC); Raises PT
Billionaire Kerr Neilson has bought over $1.5 million worth of shares in PTC Inc. (NASDAQ:PTC), representing 0.09% of his stock portfolio, securing the company a spot in . A supply chain employee using the company's secure supply chain management software to update their customer's records. PTC Inc. (NASDAQ:PTC) recently achieved increased traction across its industrial software offerings, thanks to positive reseller channel checks. Citing this, on July 9, 2025, KeyBanc increased its price target on the company's stock from $185 to $198, maintaining an 'Overweight' rating. On the same day, PTC Inc. (NASDAQ:PTC) announced that Nimble, which is an AI logistics robotic firm, has started to leverage the company's Onshape and Arena cloud-based platforms, replacing its own legacy systems. This development, which was fully implemented within 60 days, highlights the growing demand for PTC's cloud-native tools in the high-growth tech industry. Reinforcing the analyst's optimistic outlook for the company's stock, PTC repurchased 463,000 shares for $75 million and repaid $500 million in senior notes, strengthening its financial health. This boosts investors' confidence ahead of fiscal 2025 free cash flow targets. PTC Inc. (NASDAQ:PTC) offers cloud-based platforms, including Windchill, Onshape, Arena, and ThingWorx, supporting digital transformation across a diverse range of sectors, making real-time collaboration, asset optimization, and enhanced product development possible. While we acknowledge the potential of PTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Best Fertilizer Stocks to Buy According to Hedge Funds and Growth Stock Portfolio: 12 Companies with At Least 30% Annual Growth Rates. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
PTC's Onshape and Arena Selected by Nimble to Scale Superhumanoids that Power Next-Gen Autonomous Logistics
BOSTON, July 8, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that Nimble, a leader in AI robotics and autonomous logistics technology, is replacing its legacy computer-aided design (CAD), product data management (PDM), product lifecycle management (PLM), and quality management system (QMS) tools with PTC's cloud-native Onshape® CAD and PDM platform and cloud-native Arena® PLM and QMS platform. In less than 60 days after initial evaluation, Nimble chose to fully transition from its file-based tools in favor of connected, cloud-native solutions to streamline collaboration, reduce latency, and improve system reliability across teams. "With Onshape and Arena, we now have a connected, cloud-native development process that eliminates the bottlenecks we faced with file-based tools," said Simon Kalouche, Founder and CEO of Nimble. "This is a critical step as we scale manufacturing and R&D for our superhumanoid mobile-manipulator robots to meet the growing demand for faster, more cost-effective logistics." "Nimble's adoption of Onshape and Arena underscores a notable trend in the industry where leaders are replacing file-based tools with connected, cloud-native platforms," said David Katzman, General Manager of Onshape and Arena, PTC. "Onshape and Arena are key enablers of this change, allowing teams to improve workflows, increase agility, and scale efficiently." To learn more about Onshape, the industry's only cloud-native CAD and PDM platform, visit To learn more about Arena's cloud-native PLM, QMS, and Supply Chain Intelligence solutions, visit About PTC PTC (NASDAQ: PTC) is a global software company enabling manufacturers and product companies to digitally transform how they design, manufacture, and service products. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, visit About Nimble Robotics Nimble builds fully autonomous fulfillment centers powered by their proprietary general-purpose warehouse robot – the first intelligent superhumanoid robot capable of performing all core warehouse tasks including storage and retrieval, picking, packing and sorting. Nimble's superhumanoid replaces dozens of complex systems, enabling warehouses that operate at a fraction of the cost and complexity of today's leading systems. Media ContactGreg Paynegpayne@ Investor ContactMatt Shimaomshimao@ PTC, Onshape, Arena, and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries. View original content to download multimedia: SOURCE PTC Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
PTC Unveils Arena SCI for Resilient Product Development
PTC Inc. PTC recently introduced a transformative advancement for its Arena PLM (Product Lifecycle Management) and QMS (Quality Management System) solutions — the Arena Supply Chain Intelligence (SCI) offering. The state-of-the-art solution embeds AI-driven component risk monitoring directly into the Arena PLM/QMS environment, enabling real-time visibility and smarter sourcing decisions from the earliest stages of product continuously monitoring electronic components across bills of materials, Arena SCI identifies risks stemming from evolving supply conditions. When a risk is detected, the system flags it and suggests technically compatible alternative parts, empowering teams to make adjustments before issues escalate. These capabilities bolster the way product development teams handle component risks across the entire product lifecycle, seamlessly integrating with their existing PLM SCI is powered by Accuris, a leading source of electronic component data. Accuris ensures that users access the most comprehensive and up-to-date risk and parts information available. This level of detail gives engineers and professionals visibility into their component portfolios, enabling them to make decisions that balance performance, cost and like Universal Audio, which specialize in professional audio hardware, are already reaping the benefits of Arena SCI. This reflects a broader industry trend in which development teams are under pressure to innovate quickly, even as parts become harder to source and supply chains grow more unpredictable. SCI is part of PTC's broader commitment to transforming the product development landscape through cloud-native solutions. Arena's integration with Onshape, PTC's cloud-native computer-aided design (CAD) and product data management (PDM) platform, has already laid the foundation for seamless cross-functional collaboration. With Arena SCI, PTC now offers the industry's first cloud-native CAD-PDM-PLM-Supply Chain solution, minimizing the usual challenges, expenses and custom coding required to link design and development the company introduced model-based definition (MBD) capabilities within its Onshape platform—a fully cloud-native CAD and PDM solution. This initiative marks the first MBD offering of its kind in a cloud-native environment, designed to streamline product development by embedding product manufacturing information (PMI) directly into 3D models. Since being acquired by PTC, Arena has accelerated its product roadmap with more than 16 major product releases, expansion into new global markets and collaboration with dozens of new ecosystem partners. It is trusted by nearly 1,500 global manufacturers, including Nutanix, Insulet, and Enphase Energy. With Arena SCI, PTC is solidifying its position as a digital transformation leader empowering customers to navigate complex, multi-tiered supply chains with global supply chains continue to evolve, tools like Arena SCI not only mitigate risk but also seize opportunity in a competitive, fast-moving PTC's frequent acquisitions have heightened its integration risks and negatively impacted its balance sheet. As of March 31, 2025, goodwill and acquired intangible assets totaled about $4.3 billion—roughly 70% of its total assets—highlighting the financial strain from acquisitions. These deals have also increased PTC's debt load, raising its overall risk exposure. At the end of the period, the company held $235 million in cash and cash equivalents, while total debt (net of deferred issuance costs) was $1.39 billion. PTC's debt-to-capital ratio is 0.29, notably higher than the industry average of 0.19, signaling elevated financial risk. This underscores the need for PTC to consistently generate sufficient cash flows to cover its debt obligations. PTC currently carries a Zacks Rank #2 (Buy). Shares of the company have declined 6.6% in the past year against the Zacks Computer-Software industry's growth of 13.8%. Image Source: Zacks Investment Research Some other top-ranked stocks from the broader technology space are Juniper Networks, Inc. JNPR, Arista Networks, Inc. ANET and Ubiquiti Inc. UI. JNPR presently sports a Zacks Rank #1 (Strong Buy), while ANET and UI carry a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. Juniper is leveraging the 400-gig cycle to capture hyperscale switching opportunities inside the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. Juniper also introduced new features within the AI-driven enterprise portfolio that enable customers to simplify the rollout of their campus wired and wireless networks while bringing greater insight to network operators. In the last reported quarter, it delivered an earnings surprise of 4.88%.Arista delivered a trailing four-quarter average earnings surprise of 11.82% and has a long-term growth expectation of 14.81%. Arista currently serves five verticals, namely cloud titans (customers that deploy more than 1 million servers, cloud specialty providers, service providers, financial services and the rest of the enterprise. It supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service effective management of its strong global network of more than 100 distributors and master resellers improved its visibility for future demand and inventory management techniques. In the last reported quarter, Ubiquiti delivered an earnings surprise of 33.3%. Its highly flexible global business model remains well-suited to adapt to the changing market dynamics to overcome challenges while maximizing growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report PTC Inc. (PTC) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
