Boston, Massachusetts (February 16, 2022) – PTC and MassRobotics together announce a new collaboration that will see PTC provide free licenses of Onshape ®, its cloud-native product development platform, to MassRobotics and its resident startups. With Onshape, MassRobotics’ community of future-minded startups can leverage the latest in cloud product design software for robotics development.
“Our team at MassRobotics is very excited to collaborate with PTC and the amazing Onshape team to utilize the innovative capabilities of Onshape to better scale the next generation of successful robotics startups,” said Fady Saad, co-founder & VP of strategic partnerships at MassRobotics. With simultaneous collaboration and integrated data management, Onshape enables engineers to innovate without concern of design stalls, crashes or losses. Robotic startups can use Onshape to accelerate their design processes and increase speed to market, giving them a competitive edge in today’s fast-paced economy. With Onshape, multiple MassRobotics engineers can work on their complex assemblies at the same time, allowing an entire team to instantly see edits or changes, no matter who makes them or when.
The robotics market continues to grow rapidly, with spending predicted to exceed $240 billion by 2023, according to IDC. Onshape is used for design and development by commercial robotics companies, reinforcing the value that it can bring to the MassRobotics community.
“The robotics industry is becoming more vital than ever as companies look to automation and faster processes to address supply chain disruptions and labor shortages,” said David Katzman, SVP of general operations at Onshape. “We are thrilled to provide Onshape to the innovative startups at MassRobotics as they help revolutionize the market.”
About PTC (NASDAQ: PTC)
PTC enables global manufacturers to realize double-digit impact with software solutions that enable them to accelerate product and service innovation, improve operational efficiency, and increase workforce productivity. In combination with an extensive partner network, PTC provides customers flexibility in how its technology can be deployed to drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don’t just imagine a better world, we enable it.
About Onshape, a PTC Business
Onshape helps global teams design products and technologies that revolutionize the world. As the fastest growing product development platform, Onshape diminishes security risks, reduces overall cost and accelerates time to market. With over 2 million users worldwide, numerous industries rely on Onshape, such as robotics, medical technology, aerospace and automotive. Founded in 2012, Onshape was acquired by PTC in November 2019 and is now Headquartered in the Seaport neighborhood of Boston. For more information, visit onshape.com.
MassRobotics is the result of the collective work of a global group of engineers, rocket scientists and entrepreneurs with a shared vision to create a strong, vibrant robotics and IoT ecosystem. MassRobotics’ mission is to help create and scale the next generation of successful robotics and connected devices companies by providing entrepreneurs and innovative robotics/automation startups with the workspace and resources they need to develop, prototype, test and commercialize their products and solutions. See massrobotics.org for details.
PTC and Onshape are registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.