VELO3D announces record sales growth for Q3 2019

Additive manufacturing (AM) company VELO3D has reported what it says is record sales growth in Q3, with sales totaling US$15 million. This brings total sales for the first year of commercialization to US$24 million.

VELO3D launched its Sapphire 3D metal printer in Q4 2018, which was the first quarter of commercial sales.Where existing powder-bed AM machines will typically require supports for angles below 45 degrees, the Sapphire 3D printer can handle angles below 10 degrees, the company says.

‘VELO3D’s commercial launch was exactly a year ago and we have received very positive reception from the market,’ says Benny Buller, VELO3D CEO.

This story uses material from VELO3D, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.