It appears that a conversion of Parasolid models (.x_t) to Collada 3D models (.dae) is possible and can be done using several 3D model converters, such as PolyTrans or Babel3D. Except for that, you would have to look for a 3D modeling tool that supports both of these file types and can translate one to another.
Updated: June 9, 2020
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