Velo3D Opens New Eu Technical Heart in Augsburg, Germany, Showcasing its Finish-to-Finish Steel Additive Production Resolution

Facility Will Act as Corporate’s Eu Headquarters With an Working Sapphire Printer, Demo Heart, Workplaces, and Different Amenities to Host Shoppers, Companions, and Possibilities

AUGSBURG, Germany, June 21, 2022–(BUSINESS WIRE)–Velo3D, Inc. (NYSE: VLD), a number one steel additive production era corporate for mission-critical portions, these days introduced the hole of its Eu Generation Heart in Augsburg, Germany to regulate the corporate’s operations in Europe, host shoppers for trainings, and habits conferences with shoppers and companions. Velo3D’s Eu buyer good fortune, gross sales, and make stronger groups will are living within the era middle, which is able to act because the hub for the corporate’s efforts within the area and show off an end-to-end additive production answer from the corporate.

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The brand new Velo3D Eu Technical Heart in Augsburg, Germany, will act as the corporate’s regional headquarters with an working Sapphire printer, demo middle, workplaces, and different amenities to host shoppers, companions, and potentialities. (Photograph: Industry Twine)

“3 years in the past, we shipped our first Sapphire printer to our first actual buyer and because then, we’ve skilled super expansion throughout all of our key industries,” mentioned Benny Buller, Velo3D Founder and CEO. “Our new Generation Heart in Augsburg will make stronger our efforts in rising our presence in Europe in a equivalent means and can function an additive production answer able to printing our shoppers’ maximum bold designs.”

The brand new era middle is greater than 110 sq. meters (1,200 sq. toes) in measurement, with a lab space that includes a Velo3D Sapphire printer, a show off of portions that had been published the usage of the corporate’s era, workplaces, and convention rooms for website hosting shoppers and occasions. The power can be positioned on the Augsburg Inventions Park in Augsburg, Germany. Its opening was once venerated in a ribbon chopping rite with Velo3D executives, Eu shoppers, native executive leaders, and different engineers in attendance.

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Augsburg was once decided on 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 steel three-D printing era corporate. three-D printing—sometimes called additive production (AM)—has a singular skill to make stronger the best way high-value steel portions are constructed. Alternatively, legacy steel AM has been very much restricted in its functions since its invention virtually 30 years in the past. This has avoided the era from getting used to create probably the most treasured and impactful portions, proscribing its use to precise niches the place the restrictions had been appropriate.

Velo3D has triumph over those obstacles so engineers can design and print the portions they would like. The corporate’s answer unlocks a large breadth of design freedom and permits shoppers in house exploration, aviation, energy technology, power and semiconductor to innovate the long run of their respective industries. The use of Velo3D, those shoppers can now construct mission-critical steel portions that had been in the past unimaginable to fabricate. The tip-to-end answer comprises the Float print preparation instrument, the Sapphire circle of relatives of printers, and the Guarantee high quality keep watch over gadget—all of which can be powered through Velo3D’s Clever Fusion production procedure. The corporate delivered its first Sapphire gadget in 2018 and has been a strategic spouse to innovators reminiscent of SpaceX, Honeywell, Honda, Chromalloy, and Lam Analysis. Velo3D has been named to Speedy Corporate’s prestigious annual record of the Global’s Maximum Leading edge Corporations for 2021. For more info, please discuss with velo3d.com, or practice the corporate on LinkedIn or Twitter.

Ahead-Taking a look Statements

This press free up comprises “forward-looking statements” inside the that means of the “secure harbor” provisions of the Personal Securities Litigation Reform Act of 1996. The Corporate’s precise effects might range from its expectancies, estimates and projections and because of this, you must no longer depend on those forward-looking statements as predictions of long run occasions. Phrases reminiscent of “be expecting”, “estimate”, “challenge”, “price range”, “forecast”, “look forward to”, “intend”, “plan”, “might”, “will”, “may just”, “must”, “believes”, “predicts”, “attainable”, “proceed”, and equivalent expressions are supposed to spot such forward-looking statements. Those forward-looking statements come with, with out limitation, the Corporate’s expectancies, hopes, ideals, intentions or methods for the long run. Those forward-looking statements contain important dangers and uncertainties that would purpose the real effects to range materially from the anticipated effects. You must in moderation believe the dangers and uncertainties described within the paperwork filed through the Corporate every so often with the SEC. Those filings determine and deal with different necessary dangers and uncertainties that would purpose precise occasions and effects to range materially from the ones contained within the forward-looking statements. These kind of elements are out of doors the Corporate’s keep watch over and are tough to expect. The Corporate cautions to not position undue reliance upon any forward-looking statements, together with projections, which talk most effective as of the date made. The Corporate does no longer adopt or settle for any legal responsibility to free up publicly any updates or revisions to any forward-looking statements to replicate any alternate in its expectancies or any alternate in occasions, stipulations or cases on which such a remark is primarily based.

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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Contacts

Media Touch:

Velo3D
Dan Sorensen
[email protected]

Investor Family members:

Bob Okunski, VP Investor Family members
[email protected]