Velo3D, Campbell, Calif., and Lam Research Corp., Fremont, Calif., announce that they will collaborate on novel materials and designs for metal additive manufacturing of applications in the semiconductor industry, as part of a joint development agreement.
Lam plans to significantly increase the volume of parts produced by AM in the semiconductor industry over the next five years. Velo3D will develop new metal alloys for processing on its Sapphire metal AM machine, which is based on laser beam powder bed fusion (PBF-LB). These new alloys are critical for development of Lam designs and technologies.
Lam Capital, a venture group of Lam Research Corporation, will also invest an undisclosed amount in Velo3D. Velo3D recently closed a $40 million round of funding, bringing total funding for the company to $150 million. This new investment is said to enable the company to expand its technology capabilities and reach profitability by mid-2022.
“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,” commented 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.”
