The Contract Manufacturer Will Operate its New Sapphire XC
Printer at its Lakeland, Florida Facility to Produce Mission
Critical Parts in Inconel 718 for its Customers
Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing
technology company for mission-critical parts, today announced that
Valiant Products, Inc., a contract manufacturer serving major
industries from medical to outer space, has acquired a fully
integrated metal 3D printing solution to expand its additive
manufacturing capabilities for its aerospace customers. The
purchase includes a Sapphire XC printer calibrated for Inconel 718,
a nickel-based alloy that is extensively used to produce parts for
aerospace and industrial applications. Valiant plans to upgrade its
new Sapphire XC printer to a Sapphire XC 1MZ, which is capable of
producing parts up to 1-meter-tall in height.
Founded in 1975, Valiant Products has deep experience in both
conventional and additive manufacturing technologies. Over the
course of nearly 50 years in business, the company has continually
adopted new manufacturing technologies to serve its innovative
customers. Valiant Products purchased its Sapphire XC printer after
a mutual aerospace customer sought to leverage Velo3D’s additive
manufacturing technology in its supply chain to produce components
for its rocket engines.
“Bob English and the entire Valiant team have a long legacy of
adopting innovative approaches to solving their customers’
challenges. Through the process of installing their Sapphire XC,
we’ve been continually impressed by their attention to detail,”
said Michelle Sidwell, Velo3D EVP of Global Sales and Business
Development. “With their proximity to the Cape Canaveral launch
pads, they will be a great resource for aerospace customers looking
to produce parts for rocket and air-breathing engines. We welcome
them to our contract manufacturer network and look forward to
seeing how our joint customers use their services and our fully
integrated solution to transform their supply chains.”
Valiant Products is an ITAR-registered contract manufacturer.
The company works with many innovative companies in the key
industries that leverage metal 3D printing, including space,
aviation, energy, and tooling. Other manufacturing services
provided by Valiant Products include heat treatment, precision
machining, wire EDM, and sheet metal fabrication, which allow the
company to manufacture parts and assemblies from start to
finish.
“At Valiant Products, we continually evaluate new manufacturing
technologies to ensure our customers have access to the best
capabilities that can produce the most complex designs and
geometries,” said Bob English, Founder and CEO of Valiant Products,
Inc. “Solutions like Velo3D’s metal 3D printing technology unlock
new manufacturing capabilities for us so we can better serve our
customers. We are confident that our customers will fully leverage
the technology to build lighter weight, more performant parts.”
Using Velo3D’s contract manufacturing network, companies can
easily explore the print capabilities of the company’s additive
manufacturing technology without purchasing a system. This also
allows companies to strengthen their supply chains by allowing them
to obtain the parts they need across a variety of providers.
Because Velo3D offers a fully integrated solution that includes
Flow print preparation software, Assure quality assurance software,
and the underlying Intelligent Fusion manufacturing process,
customers can produce parts across any printer using the same print
file without extensive requalification.
Inconel 718 is a high-strength nickel-based alloy that also
provides corrosion resistance at extreme temperatures and
pressures. The alloy is widely used in the production of
mission-critical components in the aerospace industry. By 3D
printing parts in Inconel 718, many rocket propulsion companies
have been able to significantly reduce the weight of their engines,
while improving performance. In doing so, the final engines can
increase their thrust-to-weight ratio, enabling the delivery of
larger payloads to orbit than is possible with engines produced
through conventional means.
About Velo3D:
Velo3D is a metal 3D printing technology company. 3D
printing—also known as additive manufacturing (AM)—has a unique
ability to improve the way high-value metal parts are built.
However, legacy metal AM has been greatly limited in its
capabilities since its invention almost 30 years ago. This has
prevented the technology from being used to create the most
valuable and impactful parts, restricting its use to specific
niches where the limitations were acceptable.
Velo3D has overcome these limitations so engineers can design
and print the parts they want. The company’s solution unlocks a
wide breadth of design freedom and enables customers in space
exploration, aviation, power generation, energy, and semiconductor
to innovate the future in their respective industries. Using
Velo3D, these customers can now build mission-critical metal parts
that were previously impossible to manufacture. The fully
integrated solution includes the Flow print preparation software,
the Sapphire family of printers, and the Assure quality control
system—all of which are powered by Velo3D’s Intelligent Fusion
manufacturing process. The company delivered its first Sapphire
system in 2018 and has been a strategic partner to innovators such
as SpaceX, Honeywell, Honda, Chromalloy, and Lam Research. Velo3D
has been named as one of Fast Company’s Most Innovative Companies
for 2023. For more information, please visit Velo3D.com, or follow
the company on LinkedIn or Twitter.
Forward-Looking Statements:
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1996. The Company’s actual
results may differ from its expectations, estimates and projections
and consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect”,
“estimate”, “project”, “budget”, “forecast”, “anticipate”,
“intend”, “plan”, “may”, “will”, “could”, “should”, “believes”,
“predicts”, “potential”, “continue”, and similar expressions are
intended to identify such forward-looking statements. These
forward-looking statements include, without limitation, the
Company’s goals for 2023 and the Company’s other expectations,
hopes, beliefs, intentions, or strategies for the future. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. You should carefully consider
the risks and uncertainties described in the documents filed by the
Company from time to time with the SEC. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Most of these factors are
outside the Company’s control and are difficult to predict. The
Company cautions not to place undue reliance upon any
forward-looking statements, including projections, which speak only
as of the date made. The Company does not undertake or accept any
obligation to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions, or circumstances
on which any such statement is based.
Velo, Velo3D, Sapphire, and Intelligent Fusion, are registered
trademarks of Velo3D, Inc. Without Compromise, Flow and Assure, are
trademarks of Velo3D, Inc.
All Rights Reserved © Velo3D, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20231114601533/en/
Media Contact: Dan Sorensen, Senior Director of Public
Relations press@velo3d.com
Investor Relations: Bob Okunski, VP Investor Relations
investors@velo3d.com
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