Lam Research & VELO3D Strike Strategic Agreement to Use Metal Additive Manufacturing Applications for Production of Semicondu...
August 04 2020 - 09:25AM
Business Wire
Joint agreement includes proprietary process
development and investment in VELO3D
Digital manufacturing innovator VELO3D and Lam Research
Corporation (Nasdaq: LRCX) today announced a joint development
agreement that includes collaboration on novel materials and
designs in metal additive manufacturing (AM) or 3D printing
applications for the semiconductor industry. Lam plans to
significantly increase the volume of parts produced by AM over the
next five years.
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the full release here:
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The VELO3D Sapphire 3D metal printer
(Photo: Business Wire)
Additive manufacturing allows transformation of the supply chain
from production of parts typically manufactured by subtractive
methods, to higher performance, innovative designs that enable
agile supply chains to adopt Industry 4.0 principles. VELO3D will
develop new metal alloys on its Sapphire® printer that are critical
to Lam designs and technologies. Lam Capital will also invest an
undisclosed amount in VELO3D.
“Lam Research is leveraging additive manufacturing as a driver
of the innovation that enables our customers to build smaller,
faster, more powerful, and power-efficient electronic devices for
everyday use,” said Kevin Jennings, senior vice president of Global
Operations at Lam Research. “This joint development arrangement
aligns well with Lam’s mission to continuously seek new
technologies that push the limits of product design and
manufacturing. We are excited to lead the semiconductor industry in
delivering value to our customers from AM.”
“Semiconductor manufacturing is one of the best examples of
high-volume production and Lam requires the highest levels of
repeatability and consistency to achieve precision control at
atomic scale,” states Benny Buller, CEO and founder of VELO3D.
“VELO3D is well positioned to provide confidence in metal 3D
printing due to our calibration, metrology, and digital
traceability capabilities. This relationship aims to accelerate
Lam’s journey of continuous innovation toward producing equipment
that creates cutting-edge microprocessors, memory devices, and
numerous related product types.”
Metal AM is a promising component of the digital transformation
movement that is reducing reliance on analog manufacturing
methodologies. Starting with a CAD file, AM builds production metal
parts using lasers to fuse fine metal powder, layer by layer. 3D
printing enables accelerated timelines, reduction in raw materials,
and complex designs that are too difficult or costly to manufacture
using conventional methods.
VELO3D recently closed a $40M round of funding, bringing total
funding for the company to $150M. This new investment enables the
company to expand its technology capabilities and reach
profitability by mid-2022.
Lam Capital is Lam Research’s venture group that invests in
innovative companies addressing today’s most challenging, high
impact problems. From innovative semiconductor and equipment
technologies to AI and Industry 4.0 technologies, Lam Capital
invests in and partners with startups that are disrupting their
respective industries. For more information, visit
www.lamcapital.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200804005187/en/
Media Contact for VELO3D: Joyce Yeung press@velo3d.com Media
Contact for Lam Research: publicrelations@lamresearch.com
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