Using Velo3D’s End-to-end Metal Additive
Manufacturing Solution, the Hypersonics Aerospace Company Will 3D
Print Parts For its Mach 5 Chimera Engine and Quarterhorse
Aircraft
Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing
technology company for mission-critical parts, today announced
Hermeus, a company developing hypersonic aircraft for defense and
commercial applications, has acquired an original Sapphire and a
large-format Sapphire XC that is designed for high-volume
production. The printers, both of which will be calibrated for
Inconel 718, will be used to build parts for Hermeus’ Chimera
engine and Quarterhorse aircraft.
“Metal additive manufacturing is a core component of our plan to
vertically integrate production,” said Glenn Case, CTO at Hermeus.
“As we explore the capabilities of Velo3D’s additive manufacturing
technology, we’ll be looking for ways to increase performance,
consolidate components, reduce weight of our aircraft, and minimize
external dependencies.”
Hermeus was founded in 2018 to radically accelerate air travel
with hypersonic aircraft. The company is an up-and-coming superstar
in the aviation industry with more than $130 million in funding,
including a $100 million Series B and contracts with the U.S. Air
Force. It also has strong support from NASA and other U.S.
government agencies, as well as funding from aerospace innovators
like RTX Ventures, the venture capital group of Raytheon
Technologies.
The Chimera engine is a turbine-based combined cycle engine that
will power Hermeus’ first aircraft, Quarterhorse, an autonomous
aircraft designed to touch high Mach speeds and prove reusability.
Quarterhorse’s first flight is planned for 2023.
“Hypersonics is an extremely challenging subset of the aviation
industry and at the speeds that Hermeus will achieve, temperature,
vibration, and aerodynamics play major factors in the flight of the
aircraft,” said Benny Buller, Velo3D CEO and Founder. “There are
not many teams with the deep experience in hypersonics, aviation,
and space flight that Hermeus has, and we’re truly honored to
provide Sapphire printers to help them achieve their goals. I have
no doubt that they will bring their vision to life and make
hypersonic commercial flight a reality.”
Velo3D’s metal additive manufacturing technology has seen
extensive adoption in the hypersonics and NewSpace industries due
to its ability to build the complex, mission-critical parts
engineers need without compromising design, quality, or
performance. Customers can print existing designs without the need
to design the parts for additive manufacturing or obtain
specialized training. The company’s solution also helps teams
iterate on designs more quickly and greatly simplify supply
chains.
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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“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
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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,
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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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