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AUGSBURG, Germany–(BUSINESS WIRE)–Velo3D, Inc. (NYSE: VLD), a number one metallic additive manufacturing know-how firm for mission-critical components, right now introduced the opening of its European Expertise Heart in Augsburg, Germany to handle the corporate’s operations in Europe, host prospects for trainings, and conduct conferences with prospects and companions. Velo3D’s European buyer success, gross sales, and assist groups will reside within the know-how middle, which is able to act because the hub for the corporate’s efforts within the area and showcase an end-to-end additive manufacturing answer from the corporate.
“Three years in the past, we shipped our first Sapphire printer to our very first buyer and since then, we’ve skilled great progress throughout all of our key industries,” mentioned Benny Buller, Velo3D Founder and CEO. “Our new Expertise Heart in Augsburg will assist our efforts in rising our presence in Europe in an analogous method and can characteristic an additive manufacturing answer able to printing our prospects’ most formidable designs.”
The brand new know-how middle is greater than 110 sq. meters (1,200 sq. toes) in dimension, with a lab space that includes a Velo3D Sapphire printer, a showcase of components that have been printed utilizing the corporate’s know-how, workplaces, and convention rooms for internet hosting prospects and occasions. The power will likely be positioned on the Augsburg Improvements Park in Augsburg, Germany. Its opening was commemorated in a ribbon reducing ceremony with Velo3D executives, European prospects, native authorities leaders, and different engineers in attendance.
Augsburg was chosen for its central location to key areas in Europe, its proximity to Munich, and Velo3D’s present presence within the area.
About Velo3D:
Velo3D is a metallic 3D printing know-how firm. 3D printing—often known as additive manufacturing (AM)—has a novel skill to enhance the way in which high-value metallic components are constructed. Nonetheless, legacy metallic AM has been significantly restricted in its capabilities since its invention virtually 30 years in the past. This has prevented the know-how from getting used to create probably the most beneficial and impactful components, proscribing its use to particular niches the place the constraints have been acceptable.
Velo3D has overcome these limitations so engineers can design and print the components they need. The corporate’s answer unlocks a large breadth of design freedom and permits prospects in area exploration, aviation, energy technology, vitality and semiconductor to innovate the longer term of their respective industries. Utilizing Velo3D, these prospects can now construct mission-critical metallic components that have been beforehand unimaginable to fabricate. The top-to-end answer consists of the Stream print preparation software program, the Sapphire household of printers, and the Guarantee high quality management system—all of that are powered by Velo3D’s Clever Fusion manufacturing course of. The corporate delivered its first Sapphire system in 2018 and has been a strategic accomplice to innovators similar to SpaceX, Honeywell, Honda, Chromalloy, and Lam Analysis. Velo3D has been named to Quick Firm’s prestigious annual record of the World’s Most Revolutionary Firms for 2021. For extra info, please go to velo3d.com, or observe the corporate on LinkedIn or Twitter.
Ahead-Trying Statements
This press launch consists of “forward-looking statements” inside the that means of the “protected harbor” provisions of the Personal Securities Litigation Reform Act of 1996. The Firm’s precise outcomes might differ from its expectations, estimates and projections and consequently, you shouldn’t depend on these forward-looking statements as predictions of future occasions. Phrases similar to “anticipate”, “estimate”, “challenge”, “funds”, “forecast”, “anticipate”, “intend”, “plan”, “might”, “will”, “may”, “ought to”, “believes”, “predicts”, “potential”, “proceed”, and comparable expressions are supposed to establish such forward-looking statements. These forward-looking statements embrace, with out limitation, the Firm’s expectations, hopes, beliefs, intentions or methods for the longer term. These forward-looking statements contain important dangers and uncertainties that might trigger the precise outcomes to vary materially from the anticipated outcomes. It’s best to rigorously take into account the dangers and uncertainties described within the paperwork filed by the Firm every now and then with the SEC. These filings establish and deal with different necessary dangers and uncertainties that might trigger precise occasions and outcomes to vary materially from these contained within the forward-looking statements. Most of those elements are outdoors the Firm’s management and are tough to foretell. The Firm cautions to not place undue reliance upon any forward-looking statements, together with projections, which communicate solely as of the date made. The Firm doesn’t undertake or settle for any obligation to launch publicly any updates or revisions to any forward-looking statements to mirror any change in its expectations or any change in occasions, circumstances or circumstances on which any such assertion is predicated.
VELO, VELO3D, SAPPHIRE, and INTELLIGENT FUSION, are registered logos of Velo3D, Inc.; and WITHOUT COMPROMISE, FLOW and ASSURE are logos of Velo3D, Inc. All Rights Reserved © Velo3D, Inc.
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