Velo3D Opens New European Technical Center in Augsburg, Germany, Showcasing its End-to-End Metal Additive Manufacturing Solution
22 June 2022 - 6:00AM
Business Wire
Facility Will Act as Company’s European Headquarters With an
Operating Sapphire Printer, Demo Center, Offices, and Other
Facilities to Host Customers, Partners, and Prospects
Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing
technology company for mission-critical parts, today announced the
opening of its European Technology Center in Augsburg, Germany to
manage the company’s operations in Europe, host customers for
trainings, and conduct meetings with customers and partners.
Velo3D’s European customer success, sales, and support teams will
reside in the technology center, which will act as the hub for the
company’s efforts in the region and showcase an end-to-end additive
manufacturing solution from the company.
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The new Velo3D European Technical Center
in Augsburg, Germany, will act as the company’s regional
headquarters with an operating Sapphire printer, demo center,
offices, and other facilities to host customers, partners, and
prospects. (Photo: Business Wire)
“Three years ago, we shipped our first Sapphire printer to our
very first customer and since then, we’ve experienced tremendous
growth across all of our key industries,” said Benny Buller, Velo3D
Founder and CEO. “Our new Technology Center in Augsburg will
support our efforts in growing our presence in Europe in a similar
manner and will feature an additive manufacturing solution capable
of printing our customers’ most ambitious designs.”
The new technology center is more than 110 square meters (1,200
square feet) in size, with a lab area featuring a Velo3D Sapphire
printer, a showcase of parts that were printed using the company’s
technology, offices, and conference rooms for hosting customers and
events. The facility will be located at the Augsburg Innovations
Park in Augsburg, Germany. Its opening was commemorated in a ribbon
cutting ceremony with Velo3D executives, European customers, local
government leaders, and other engineers in attendance.
Augsburg was selected for its central location to key regions in
Europe, its proximity to Munich, and Velo3D’s existing presence in
the region.
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, 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.
VELO, VELO3D, SAPPHIRE, and INTELLIGENT FUSION, are registered
trademarks of Velo3D, Inc.; and 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/20220621005676/en/
Media Contact:
Velo3D Dan Sorensen dan.sorensen@velo3d.com
Investor Relations:
Bob Okunski, VP Investor Relations investors@velo3d.com
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