Schoeller Bleckmann Oilfield Technology Purchases First
End-to-end Solution—Including the Sapphire® Printer—in Europe to
Expand its Additive Manufacturing Capabilities, Will Join Velo3D at
Formnext 2021
(Formnext 2021) - Velo3D, Inc. (NYSE: VLD), a leading
metal additive manufacturing technology company for
mission-critical parts, has expanded its European presence to
support its growth efforts in the region. The expansion includes
the opening of a technical center in Augsburg, Germany, where
Velo3D’s Sapphire® systems will be assembled and demonstrated, as
well as delivering the first end-to-end manufacturing solution to
Schoeller-Bleckmann Oilfield (SBO) Technology, a European contract
manufacturer specializing in the production of high-value metal
parts for the oil and gas industry. Both companies will be at
Formnext 2021, the leading additive manufacturing conference in
Europe, taking place on November 16-19, 2021, in Frankfurt,
Germany.
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the full release here:
https://www.businesswire.com/news/home/20211110005338/en/
Velo3D is opening a new European
Technical Center in Augsburg, Germany. The center will showcase the
company's end-to-end manufacturing solutions and support the
company's growth efforts in the region. The facility will be
located at the Augsburg Innovations Park and will include more than
110 square meters (1,200 square feet) of space across a main hall
(which will house Sapphire® systems), a lab area, and offices. It
also includes conference rooms for hosting customers for
presentations, events, and other meetings. (Photo: Business
Wire)
“Europe is a key market for Velo3D’s growth in the coming years
and we’re thrilled to deliver our first end-to-end additive
manufacturing solution and open our new technical center to
accelerate this expansion,” said Benny Buller, Velo3D CEO and
Founder. “With Velo3D’s end-to-end solutions, seeing is believing,
and at our Augsburg facility, we’ll be able to demonstrate our
impressive additive manufacturing technology in person to customer
prospects. We’re also pleased to be launching in Europe with our
first customer, SBO, supporting its effort to expand its
capabilities and service new industries using our Sapphire®
system.”
SBO is a multinational corporation with 1,130 employees
worldwide operating more than 450 conventional CNC machines. The
company’s U.S.-based subsidiary, Knust-Godwin LLC, has extensively
validated Velo3D’s end-to-end additive manufacturing technology in
its Houston facility and is using its solutions to build production
parts for its customers in the aerospace and oil and gas
industries. SBO’s new Sapphire® system will be located in the
company’s Austrian headquarters and will unlock the ability to
print complex metal parts in Inconel 718. SBO has EN 9100, ISO
9001, and ISO 14001 certifications, which allow it to develop and
produce parts for aerospace customers, as well as other industries,
while also meeting certain standards for quality and environmental
management.
“By adding Velo3D’s innovative additive manufacturing solution
to our capabilities, we will be able to expand into new markets and
service new customers, helping them build metal parts that were
previously thought impossible to create,” said Campbell MacPherson,
SBO EVP of Advanced Manufacturing. “Over the past few years, many
of our customers have inquired about 3D printing. Velo3D’s ability
to create parts without having to design them for additive
manufacturing makes it stand out compared to other solutions. Its
end-to-end solution is very complementary to our existing offerings
and will allow us to greatly improve the supply chain for our
customers.”
Velo3D’s new European Technology Center will allow the additive
manufacturing technology company to better service customers like
SBO by enabling company leaders to demonstrate its advanced 3D
printing capabilities. The facility will be located at the Augsburg
Innovations Park in Augsburg, Germany, and will include more than
110 square meters (1,200 square feet) of space across a main hall
(which will house Sapphire® systems), a lab area, and offices. It
also includes conference rooms for hosting customers for
presentations, events, and other meetings.
“The feedback we’ve received from engineers and additive
manufacturing experts across Europe is that Velo3D’s technology
delivers novel capabilities in geometry, quality, and scalability,”
said Zach Murphree, Velo3D VP of Global Sales and Business
Development. “By taking delivery of our first machine in Europe,
SBO stands to differentiate itself in the European contract
manufacturer market, which is one of the largest markets for
high-value metal parts. We look forward to growing our customer
base in the region.”
Europe-based engineers who would like to learn more about
Velo3D’s end-to-end additive manufacturing solution can visit the
company at Formnext 2021 in Hall 11, booth C11. At the booth,
conference attendees will learn more about Velo3D’s capabilities,
see SupportFree™ parts printed using Velo3D’s technology, and meet
the Velo3D and SBO teams.
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 end-to-end
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 to Fast Company’s prestigious annual list of the
World’s Most Innovative Companies for 2021. 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
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“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 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20211110005338/en/
Investor Relations: Bob Okunski, VP Investor Relations
investors@velo3d.com Media Contact: Dan Sorensen, Senior
Director of Public Relations dan.sorensen@velo3d.com
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