Velo3D Ships First Sapphire® XC to an Aerospace Customer, Delivering Bigger Parts, Productivity Improvements, and Cost Reduction for Metal Additive Manufacturing
23 Dezembro 2021 - 6:05PM
Business Wire
The Production Scale Up Version of Velo3D’s Successful
End-to-end Solution Was Shipped to a Key Aerospace Customer to
Improve Its Additive Manufacturing Capabilities
Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing
technology company for mission-critical metal parts, has announced
its first Sapphire® XC delivery. The Sapphire® XC, or “Extra
Capacity,” is Velo3D’s newest and largest metal 3D printer that
delivers both faster production and larger parts. The Sapphire® XC
is a scale up version of the Sapphire® printer, utilizing the same
Flow™ print preparation software, the same Assure™ quality control
software, and the same Intelligent Fusion® manufacturing
process.
Sapphire® XC is built to enable a seamless transition of parts
that were developed and qualified on Sapphire® to the larger, more
productive Sapphire® XC, reducing the cost of producing parts by up
to 75%. Sapphire® XC also expands the use of Velo3D’s production
solution to parts that are up to 400% larger in volume than the
largest parts possible to produce with Sapphire®. The customer
receiving the new Sapphire® XC will use it to scale up production
of its product that is built using the Sapphire® fleet of metal 3D
printers they already have.
“I believe that the Sapphire XC will quickly become the gold
standard in advanced metal additive manufacturing,” said Benny
Buller, Velo3D CEO and Founder. “Because our customer is already
utilizing our end-to-end production solution, they can immediately
and seamlessly move parts to Sapphire XC to achieve a phenomenal
production rate increase. We made a huge effort to ensure that
Sapphire XC uses the exact same manufacturing process as Sapphire.
The ability to move production seamlessly between different
products was considered impossible when we started Velo3D, but I am
proud to declare that we have unlocked this ability for our
customers and partners. It is a huge accomplishment—our biggest
achievement of 2021.”
Velo3D currently has a backlog of firm bookings for 17
additional Sapphire® XC systems as well as 19 additional
reservations. The demand is primarily driven by the lower
production costs Sapphire® XC can enable for customers who have
adopted the original Sapphire® printers and its ability to produce
much larger parts. These improvements are largely driven by new
features and capabilities the printer delivers, including:
- Larger build volume: The Sapphire® XC is one of the
largest available laser powder bed fusion (LPBF) printers with a
build volume of 600 mm in diameter and 550 mm in height—400% larger
volume than the original Sapphire® system.
- Additional lasers: The Sapphire® XC uses eight
1-kilowatt lasers to selectively weld powdered metal
layer-by-layer. Velo3D’s Sapphire® system uses two 1-kilowatt
lasers.
- Faster non-contact recoater: Compared to its Sapphire®
system, Velo3D’s proprietary protrusion-tolerant recoater is now
twice as fast on Sapphire® XC, significantly reducing
non-productive overhead time.
All of these features come together to dramatically increase
throughput by up to 400%, which lowers the cost of produced parts
by up to 75%.
The ability for existing customers to seamlessly transition from
the Sapphire® to the Sapphire® XC is a key differentiator for
Velo3D. This is made possible by Velo3D's end-to-end solution that
preserves design intent and delivers predictable, repeatable
outcomes.
The Flow™ pre-print preparation software analyzes part designs
and prescribes a set of known recipes needed to manufacture the
part. Customers simply upload the CAD file for a part they would
like to print and the software’s integrated simulation engine
creates a file that can be used across any device to build exactly
the same part. As parts are printed, the Assure™ quality assurance
and control system monitors the build and provides detailed
reporting for full traceability layer by layer. This gives
customers confidence that the parts produced are identical across
Sapphire® printers.
The Sapphire® XC is able to print using a wide variety of
materials that are often used in the production of mission-critical
parts in the aviation, aerospace, defense, oil and gas, and energy
industries. The list of available metals includes Inconel 718 &
625, Hastelloy® X, Hastelloy® C22, Aluminum, Scalmalloy©, and
Titanium Ti-6Al-4V. Velo3D continually evaluates and qualifies new
materials for use in its end-to-end solution.
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
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, statements
regarding the production capacity, cost reduction and other
expected benefits of Sapphire® XC, expected demand for Sapphire® XC
and existing customers’ ability to transition to Sapphire® XC 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20211223005098/en/
Media Contact: Velo3D Dan Sorensen
dan.sorensen@velo3d.com
Investor Relations: Bob Okunski, VP Investor Relations
investors@velo3d.com
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