Materialise N.V. logo MTLS - Materialise N.V.

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CONSENSUS: $10.00
UPSIDE: 34.05%

About Materialise N.V. (https://www.materialise.com)

Materialise N.V. (MTLS), founded in 1990 and headquartered in Leuven, Belgium, is a global leader in additive manufacturing and medical technology. The company offers specialized software and comprehensive 3D printing services across the Americas, Europe, Africa, and Asia-Pacific regions. Its operations are divided into three core segments: 1. Materialise Software: This division develops sophisticated software solutions designed to empower and optimize the functionality of 3D printers and overall 3D printing workflows. Their software acts as a vital bridge, connecting various types of 3D printers with different software applications and data capture technologies, such as computer-aided design/manufacturing suites and 3D scanners. This segment serves a diverse clientele, including manufacturers of 3D printing equipment, production companies, and contract manufacturers in industries like automotive, aerospace, consumer goods, and hearing aids, as well as 3D printing service bureaus. Sales are conducted through their dedicated sales force, online platform, and a network of third-party distributors. 2. Materialise Medical: Focused on healthcare, this segment provides medical software that facilitates advanced medical-image-based analysis and engineering. This capability supports the personalized design of surgical devices and implants tailored to individual patients. Its customer base includes medical device companies, hospitals, universities, research institutions, and industrial firms, with sales handled by a direct sales team, their website, and through partnerships with picture archiving and communication system (PACS) providers. 3. Materialise Manufacturing: This segment delivers end-to-end 3D printing services. It encompasses design and engineering support, rapid prototyping, and the additive manufacturing of final production parts for a broad spectrum of industrial and commercial clients. Materialise N.V. also maintains significant collaboration agreements with several prominent companies in the medical field, including Zimmer Biomet Holdings, Inc.; Encore Medical, L.P.; DePuy Synthes Companies of Johnson & Johnson; Limacorporate Spa; Mathys AG; Corin Ltd; Medtronic Inc.; and Abbott Laboratories Inc.

Key Executives

NAME TITLE DOB SALARY
Bart Van der Schueren Chief Strategy & Technology Officer and Executive Vice President 1968
Brigitte de Vet-Veithen Chief Executive Officer 1972
Carla Van Steenbergen Executive Vice President, Director of Corporate Affairs, Compliance Officer & Secretary 1977
Johan Pauwels Executive Vice President & Chief Operating Officer 1968
Jurgen Laudus Executive Vice President of Manufacturing 1979
Koen Berges Chief Financial Officer 1976
Koen Peters Executive Vice President of Medical 1978
Udo Eberlein Executive Vice President of Software 1969
Valérie Nerinckx Interim HR Director & CHRO
Wilfried Vancraen Founder & Chairman 1962

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