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Velo3D Approves New Superalloy for Use in its Sapphire® Printer Family

Velo3D Approves New Superalloy
Velo3D, Inc., a leader in metal additive manufacturing technology for mission-critical parts, has qualified Amperprint® 0233 Haynes® 282®, a nickel-based superalloy powder, for use in its Sapphire® line of printers. The powder was manufactured under license from Haynes International, Inc. by Höganäs AB, a world leader in metal powder production. It is developed for high creep strength, thermal stability, weldability, and fabricability not found in other alloys. As a result, the material is well suited for high-temperature structural applications such as energy generation, gas turbines, and space launch vehicles. In addition, it is used to construct heat exchangers, combustors, nozzles, combustion liners, rocket engines, and shrouded impellers.

Duncan Machine Products (DMP), a contract manufacturer situated in Duncan, Oklahoma, will run the first Sapphire® printer using Amperprint® 0233 and Haynes® 282® powder. The system will be DMP's eighth Velo3D Sapphire® printer.

"Our goal at Velo3D is to enable engineers to build the parts they want without compromising on design or quality, Qualifying new powdered metals, like Amperprint® 0233 and Haynes® 282®, for use in our end-to-end solution further expands what’s possible with our additive manufacturing technology. Our partners at Höganäs provide materials of the highest quality, and I look forward to seeing what our customers build using this amazing alloy."

-Benny Buller, Velo3D CEO and Founder.

For high-temperature applications, powdered nickel-based superalloys, such as Amperprint 0233 and Haynes® 282®, are typically used to print parts because of the alloy's resilience to cracking and its ability to work at temperatures close to the melting point.

This tolerance enables the alloy-printed components to be used in vacuums, plasmas, and other demanding environments. In addition, due to the powder's excellent weldability, it is useful for components in bigger systems due to its ability to be welded to other components.

Höganäs is a leader in developing powders for additive manufacturing, producing products with a uniform spherical shape, precise chemical control, and better flowability. The powders are created from the purest sources and have exact trace element compositions that give the metals their distinctive qualities.

"It’s inspiring to see what engineers have been able to build using metal powders from Höganäs and Velo3D’s support-free additive manufacturing process,The first parts printed using our Amperprint® 0233 Haynes® 282® powder are impressive, and I believe customers are only scratching the surface of what is possible with this superalloy. The powder, combined with Velo3D’s end-to-end solution metal AM solution, is an extremely effective combination for consolidating parts into monolithic structures to eliminate coefficient of thermal expansion in large, high-performance systems."

-Jerome Stanley, Höganäs Director of Global Sales, Customization Technologies.

Velo3D was one of the first companies to offer Amperprint® 0233 Haynes® 282® powder to its customers. Many of Velo3D's customers use the company's end-to-end solution to manufacture components for aviation, energy, oil and gas, space, and other high-performance applications, making the powder a natural fit for the company's portfolio. Along with Amperprint® 0233, Haynes® 282® powder, Velo3D's technology is compatible with the following metal powders: Hastelloy X®, Inconel 718, aluminum F357, Ti 6Al-4V Grade 5, and several more.

*This press release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1996. These forward-looking statements include, but are not limited to, statements about the company's future expectations, hopes, beliefs, intentions, or strategies. They contain significant risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, you should carefully evaluate the risks and uncertainties outlined in the company's periodic SEC filings.

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