Mears Machine orders fifth Velo3D Sapphire XC system

Mears Machine Corporation has ordered its fifth Velo3D, Inc. (NASDAQ: VELO) Sapphire XC metal additive manufacturing system, along with options for two additional units, according to a press release from Velo3D.

The new system will expand Mears' production capability in materials including Inconel 718, Haynes 282, and CP1 aluminum, which are used in components for the aviation, defense, energy, and space sectors.

James Lloyd, Chief Executive Officer of Mears Machine Corporation, said the company's customers require "engineering expertise, production capacity, and a scalable manufacturing strategy that can support programs from concept through production." He added that the fifth system allows Mears to "maintain the responsiveness and lead times our customers expect while supporting larger production programs."

Arun Jeldi, Chief Executive Officer of Velo3D, said Mears' investment "reflects confidence in both the market opportunity and the value of a scalable manufacturing platform."

Mears combines precision machining, metal additive manufacturing, and engineering services, and the company operates across multiple manufacturing locations in North America. The options for two additional Sapphire XC systems provide a pathway for further capacity expansion if exercised.

The Sapphire XC platform is designed to produce large, complex metal components. Velo3D's integrated solution includes Flow print preparation software and the Assure quality control system.

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