Velo3D Delivers First Sapphire® XC to Aerospace Customer, Delivering Larger Parts, Productivity Improvements, and Cost Reduction for Metal Additive Manufacturing
Larger production scale version of Velo3D’s successful end-to-end solution shipped to key aerospace customer to enhance their additive manufacturing capabilities
CAMPBELL, Calif .– (BUSINESS WIRE) –Bike3D, Inc. (NYSE: VLD), a leading company in metal additive manufacturing technology for critical metal parts, has announced its first SapphireÂ® XC delivery. SapphireÂ® XC, or âExtra Capacityâ, is the newest and largest metal 3D printer from Velo3D that offers both faster production and larger parts. SapphireÂ® XC is a full-scale version of the SapphireÂ® printer, using the same Flow â¢ print preparation software, the same Assure â¢ quality control software and the same Intelligent FusionÂ® manufacturing process.
SapphireÂ® XC is designed to allow a seamless transition of parts that have been developed and qualified on SapphireÂ® to the bigger and more productive SapphireÂ® XC, reducing the production cost of parts by up to 75%. SapphireÂ® XC is also expanding the use of Velo3D’s production solution to parts that are up to 400% larger in volume than the largest parts that can be produced with Sapphire.Â®. The customer receiving the new SapphireÂ® XC will use it to increase the production of its product which is built using the SapphireÂ® fleet of metal 3D printers they already have.
“I believe that the Sapphire XC will quickly become the benchmark for advanced metal additive manufacturing, âsaid Benny Buller, CEO and Founder of Velo3D. âBecause our customer is already using our end-to-end production solution, they can immediately and seamlessly move parts to Sapphire XC for a phenomenal increase in production rate. We have gone to great lengths to ensure that Sapphire XC uses the exact same manufacturing process as Sapphire. The ability to seamlessly move production between different products was considered impossible when we launched Velo3D, but I’m proud to report that we’ve unlocked this capability for our customers and partners. It’s a huge achievement, our biggest achievement of 2021. ”
Velo3D currently has a firm order book for 17 additional SapphiresÂ® XC Systems plus 19 additional reservations. Demand is mainly driven by lower Saphir production costsÂ® XC can allow customers who have adopted the original SapphireÂ® printers and its ability to produce much larger parts. These improvements are largely driven by new features and capabilities offered by the printer, including:
- Largest build volume: SapphireÂ® XC is one of the largest Powder Bed Laser Fusion (LPBF) printers with a print volume of 600mm in diameter and 550mm in height, 400% more volume than the original Sapphire .Â® system.
- Additional lasers: SapphireÂ® XC uses eight 1-kilowatt lasers to selectively weld powdered metal layer by layer. Velo3D’s sapphireÂ® The system uses two 1 kilowatt lasers.
- Faster contactless harrow: Compared to his SapphireÂ® system, Velo3D’s proprietary protrusion tolerant coater is now twice as fast on SapphireÂ® XC, greatly reducing non-productive overload time.
All of these features come together to dramatically increase throughput by up to 400%, reducing the cost of parts produced by up to 75%.
The ability for existing customers to seamlessly switch from SapphireÂ® sapphireÂ® XC is a key differentiator for Velo3D. This is made possible by Velo3D’s end-to-end solution which preserves design intent and delivers predictable and repeatable results.
Flow â¢ pre-print preparation software analyzes part designs and prescribes a set of known recipes needed to manufacture the part. Customers simply download the CAD file of a part they want to print, and the simulation engine built into the software creates a file that can be used on any device to build the exact same part. As parts are printed, the Assure â¢ quality assurance and control system monitors manufacturing and provides detailed reports for full layer-by-layer traceability. This gives customers the assurance that the parts produced are identical across SapphireÂ® printers.
SapphireÂ® XC is able to print using a wide variety of materials that are often used in the production of critical parts in the aviation, aerospace, defense, oil & gas, and energy industries. . The list of available metals includes Inconel 718 & 625, HastelloyÂ® X, HastelloyÂ® C22, Aluminum, ScalmalloyÂ©, and Titanium Ti-6Al-4V. Velo3D is constantly evaluating and qualifying new materials for use in its end-to-end solution.
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, since its invention almost 30 years ago, the traditional metal AM has been considerably limited in its capabilities. This prevented the technology from being used to create the most valuable and impactful pieces, limiting its use to specific niches where limitations were acceptable.
Velo3D overcame these limitations so engineers can design and print the parts they want. The company’s solution opens up a wide range of design freedom and enables space exploration, aviation, power generation, power and semiconductor customers to innovate the future in their respective industries. Thanks to Velo3D, these customers can now build critical metal parts that were previously impossible to manufacture. End-to-end solution includes Flow â¢ print preparation software, the SapphireÂ® range of printers and the Assure â¢ quality control system, all powered by Velo3D’s Intelligent FusionÂ® manufacturing process. The company delivered its first SaphirÂ® system in 2018 and has been a strategic partner of innovators such as SpaceX, Honeywell, Honda, Chromalloy and Lam Research. Velo3D has been named to the prestigious annual Fast Company list the most innovative companies in the world for 2021. For more information, please visit velo3d.com, or follow the company on LinkedIn Where Twitter.
This press release includes “forward-looking statements” within the meaning of the “safety regulations” provisions of the Private Securities Litigation Reform Act of 1996. The actual results of the Company may differ from its expectations, estimates and projections and, therefore, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect”, “estimate”, “project”, “budget”, “plan”, “anticipate”, “intend to”, “plan”, “may”, “will”, “Could”, “should”, “believes”, “predicted”, “potential”, “continuing” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding production capacity, cost reduction and other expected benefits of Sapphire.Â® XC, demand expected for SapphireÂ® XC and the ability of existing customers to switch to SapphireÂ® XC and other Company expectations, hopes, beliefs, intentions or strategies for the future. These forward-looking statements involve significant risks and uncertainties which could cause actual results to differ materially from expected results. You should carefully consider the risks and uncertainties described in documents filed by the Company from time to time with the SEC. These documents identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in forward-looking statements. Most of these factors are beyond the control of the Company and are difficult to predict. The Company cautions against placing undue reliance on forward-looking statements, including projections, which speak only as of the date they are posted. The Company neither undertakes nor accepts any obligation to publicly issue any updates or revisions to forward-looking statements to reflect any change in its expectations or any change in the events, conditions or circumstances upon which such statement is based.
Bob Okunski, Vice President of Investor Relations