From Black Box to Full Transparency and
Control, New Product Enables a Pathway to Migrate Additive
Manufacturing Knowledge to Velo3D’s Fully Integrated Solution and
Print Process Optimization
Velo3D, Inc. (NYSE: VLD), a leading additive manufacturing
technology company for mission-critical metal parts, today
announced the release of Developer, a new offering made available
in the company’s Flow print preparation software that unlocks full
transparency and control of the parameters used in the 3D printing
process. With the flexibility of Flow Developer, users can transfer
their experience and knowledge from previous projects, develop new
material processes, and control their optimization objectives. This
greatly simplifies the migration of additive manufacturing projects
to Velo3D’s fully integrated solution.
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A computer screen showing a user creating
parameter sets for a heat exchanger with Flow Developer. Developer
enables users to transfer or create parameter sets that optimize
the process for their specific application. (Photo: Business
Wire)
Developer is available for users of Flow 7.0, the latest version
of Velo3D’s print preparation software that seamlessly turns
traditional design files into print files. Developer grants
editor-level access to print parameters, giving companies maximum
flexibility and control when working with their Velo3D additive
manufacturing solution. With this access, users can import proven
parameters they have developed, optimize default parameters for
specific application needs, and develop parameter sets supporting
new material development for novel solutions and specific
applications. Once a part that was produced using Developer has
been qualified, users can scale production leveraging the control,
quality, and repeatability of Velo3D’s additive manufacturing
solution.
“It can be a challenge to produce repeatable results across
different metal 3D printers—even when they’re the same model of
printer—however, Velo3D’s solution can consistently produce parts
within spec across any of its printers, which provides huge
benefits for companies looking to scale production of their parts,”
said Additive Manufacturing Manager at Ursa Major, Thomas Pomorski.
“When our team first tested Flow Developer, we transferred
parameters we developed on a non-Velo system, hoping we could
easily produce the same part on Velo3D’s system and then take
advantage of the scalability it provides. On our first try, we
imported a part with highly complex, sensitive features and
achieved incredible results that were within specification. Since
then, we’ve accomplished the same process with other parts and in
some cases, have been able to reduce print time by nearly 50%
without sacrificing accuracy or quality.”
Prior to its general release, Developer has been made available
to select customers for feedback, including Ursa Major, a privately
funded company developing rocket propulsion technology. During this
phase, engineers have been able to directly transfer their custom
parameters into their Velo3D solutions with exceptional results.
Developer gave early-access customers the ability to easily scale
production of their parts as their applications matured from
development to production.
“Velo3D’s mission has always been to provide an additive
manufacturing solution that delivers repeatability from
machine-to-machine, which is still a big shortcoming with legacy
metal 3D printers,” said Brad Kreger, CEO of Velo3D. “Previously,
we did this by providing pre-defined parameters within the system,
which left customers wanting to know what’s inside our ‘black box’
and looking for more flexibility. When you combine Flow Developer
with our ability to produce identical parts using the same print
file, we strike the perfect balance between usability,
repeatability, and flexibility. This has allowed these early access
customers to think outside the box of conventional additive
manufacturing to progress beyond their current limitations and
realize true production scalability for their parts.”
Flow is a key part of Velo3D’s unique approach to additive
manufacturing, which differs from competitors’ offerings by
providing a fully integrated solution that includes hardware and
software, which come together to ensure machine-to-machine
consistency. In addition to Flow and the Sapphire family of
printers, the company’s solution also includes Assure quality
assurance software, which monitors a print layer-by-layer to ensure
consistent geometric accuracy, surface finish, and material
properties throughout a finished part.
Resources:
- Book a demo of Developer at Additive Manufacturing Users Group
(AMUG) 2024, which takes place in Chicago on March 10-14,
2024.
- Visit the Flow Developer page on the Velo3D website to download
the product brief or learn more about the product.
- Learn more about Flow print preparation software and other
portions of Velo3D’s fully integrated 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 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, Aerojet Rocketdyne, Lockheed Martin, Avio, and General
Motors. 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.
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.
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 company’s bookings which may not lead to completed
sales, anticipated reductions in the company’s operational
expenses, the company’s expectations regarding its ability to be
cash flow positive by the second half of 2024, 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 “Risk
Factors” section of the company’s Annual Report on Form 10-K for
the fiscal year ended December 31, 2022 (the “FY 2022 10-K”), which
was filed by the company with the SEC on March 20, 2023 and the
other 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. Factors that may cause such differences
include, but are not limited to: (1) the inability of the company
to execute its business plan, which may be affected by, among other
things, competition, the ability of the company to grow and manage
growth profitably, maintain relationships with customers and
suppliers and retain its key employees; (2) the period over which
the company anticipates its existing cash and cash equivalents will
be sufficient to fund its operating expenses and capital
expenditure requirements and the company's ability to continue as a
going concern; (3) the company's ability to service and comply with
its indebtedness; (4) the company's ability to satisfy New York
Stock Exchange Listing rules; (5) changes in the applicable laws or
regulations; (6) the possibility that the company may be adversely
affected by other economic, business, and/or competitive factors;
(7) the lingering effects of the global COVID-19 pandemic; and (8)
other risks and uncertainties indicated from time to time described
in the FY 2022 10-K, including those under “Risk Factors” therein,
and in the company’s other filings with the SEC. The company
cautions that the foregoing list of factors is not exclusive and
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/20240228041656/en/
Investor Relations: Velo3D Bob Okunski, VP Investor
Relations investors@velo3d.com Media Contact: Velo3D Dan
Sorensen, Senior Director of PR press@velo3d.com
Velo3D (NYSE:VLD)
過去 株価チャート
から 8 2024 まで 9 2024
Velo3D (NYSE:VLD)
過去 株価チャート
から 9 2023 まで 9 2024