The Joint Effort Will Simplify the Acquisition and Setup of
Velo3D’s Additive Manufacturing Technology for the Department of
Defense and Other Federal Government Customers
Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing
technology company for mission-critical parts, and Hartech Group,
an advanced technology equipment supplier for the U.S. federal
government, today announced a partnership to distribute Velo3D’s
technology to government agencies, including the Department of
Defense. The partnership makes Hartech Group a preferred
distributor for the federal government for Velo3D. Together, the
companies will deliver full-service project execution for the sale,
installation, and onboarding of Velo3D’s advanced metal additive
manufacturing solution.
“Our team has deep experience delivering solutions to customers
in the federal government and we know what it takes to not only
supply the piece of technology, but also supply everything needed
to make the equipment fully operable to the DoD end user,” said
Gary Bredael, Hartech Group Director of Additive Manufacturing. “We
are a well-known prime contractor specializing in providing
complicated turn-key solutions to top subtractive machining
manufacturers, which is why we have decided to build these same
solutions in the AM world. We have chosen Velo3D and its end-to-end
solution for our federal government customers interested in
acquiring advanced additive manufacturing technology due to the
company’s very high quality and reputation. We will use our top
ratings with the federal government to make sure we supply a full
Velo3D solution.”
Hartech Group exclusively works with federal government
customers and has extensive experience working with Indefinite
Delivery/Indefinite Quantity (IDIQ), General Services
Administration (GSA) contracts, Blanket Purchase Agreements (BPA)
contracts, and DLAA and local contracting. Customers who purchase
Velo3D Sapphire printers, and their accompanying software, from
Hartech Group will enjoy a simplified procurement process,
including set up, training, and ongoing support, so customers can
focus on building the parts they need, without compromise.
“It’s no secret that the federal government can be slow-moving
and difficult to navigate for new-comers, but Hartech’s background
and capabilities will help us grow our presence with these
customers so they can leverage the benefits of advanced additive
manufacturing,” said Benny Buller, Velo3D CEO and Founder. “In the
short time that we’ve officially partnered together, there has
already been extensive interest from Hartech’s contacts in the
federal government—and we’re just getting started.”
Hartech Group decided to work with Velo3D because its technology
is uniquely suited for complex DoD requirements, especially in the
area of supply chain management. For example, Velo3D’s ability to
deliver repeatable outcomes across any of its machines supports the
creation of AM-enabled distributed supply chains. Furthermore, the
core Velo3D technology—the non-contact recoater, controls, and the
software components of its end-to-end solution—enables advances in
engineering design not possible with other solutions.
Federal government organizations that are interested in
exploring advanced additive manufacturing and purchasing a turn-key
solution can contact Hartech Group at (267) 788-0978.
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
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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
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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/20220721005097/en/
Media Contact: Dan Sorensen, Senior Director of Public
Relations press@velo3d.com
Investor Relations: Bob Okunski, VP Investor Relations
investors@velo3d.com
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