Lam Research and VELO 3D Strike Strategic Agreement to Use Metal Additive Manufacturing Applications for Production of Semiconductor Capital Equipment
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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200804005187/en/
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.
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Atlas Holdings Acquires Permasteelisa Group30.9.2020 11:15:00 CEST | Press release
Atlas Holdings announced today that it has completed its acquisition of Permasteelisa Group, a global leader in the engineering, project management, manufacturing, installation and after-sales service of advanced building facades, architectural envelopes and interiors. Permasteelisa Group has partnered with architects on more than 3,500 projects that have transformed skylines around the world. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005357/en/ Permasteelisa Group’s three brands, Permasteelisa, Gartner and Scheldebouw, are recognized as the premier integrated providers of high quality, bespoke curtain wall solutions in the world. Collectively, the company employs more than 4,500 associates, designing, fabricating and installing premier projects out of locations in 30 countries, including nine production facilities and eight principal design offices. “Permasteelisa Group is trusted by the world’s most visionary ar
Orange Polska Leverages ADTRAN’s Fiber Extension Solutions to Extend FTTH Services30.9.2020 11:00:00 CEST | Press release
https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fportal.adtran.com%2Fweb%2Fpage%2Fportal%2FAdtran%2Fwp_home&esheet=52297558&newsitemid=20200930005145&lan=en-US&anchor=ADTRAN%26%23174%3B%2C+Inc.&index=1&md5=a2f44128c043e79907dc3239808d7aba ADTRAN®, Inc., (NASDAQ:ADTN), the leading provider of next-generation open networking and subscriber experience solutions, today announced its deployment plans with Orange Polska. Orange, Poland’s leading operator with 28% market share and over 13.7 million active customers, is rapidly rolling out its Fiber-to-the-Home (FTTH) service and has selected https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.adtran.com%2Findex.php%2Fbroadband-access%2Fg-fast&esheet=52297558&newsitemid=20200930005145&lan=en-US&anchor=ADTRAN%26%238217%3Bs+2nd+Generation+Gfast+fiber+extension+solutions&index=3&md5=52a7e862db7c4f566a3e3be6b8e5e7a6 ADTRAN’s 2nd Generation Gfast fiber extension solutions to further accelerate its delivery of high
New Denodo Platform 8.0 Accelerates Hybrid/Multicloud Integration, Automates Data Management with AI/ML, and Boosts Performance30.9.2020 08:00:00 CEST | Press release
Denodo, the leader in data virtualization, today announced that its new Denodo Platform version 8.0 accelerates hybrid/multicloud integration, automates data management with artificial intelligence (AI)/machine learning (ML), and boosts performance with smart query acceleration. By further augmenting the Denodo Platform’s already advanced data integration, management, and delivery capabilities with intelligent recommendations, hyper performance, and PaaS support, Denodo Platform 8.0 advances data virtualization into a logical data fabric. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005427/en/ “Data fabric is a hot, emerging market that delivers a unified, intelligent, and integrated end-to-end platform to support new and emerging use cases,” wrote Noel Yuhanna, VP and principal analyst at Forrester Research, and author of https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.denodo.com%2Fen%2Fforrest
Verimatrix Application Shielding Technology Wins CSI Magazine Award30.9.2020 07:15:00 CEST | Press release
Regulatory News: Verimatrix, (Paris:VMX) (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced that ProtectMyApp, an application shielding solution for mobile app developers, was named Best Cybersecurity Service in the 18th Annual CSI Magazine Awards. Winners were announced during a virtual broadcast on September 18. Verimatrix’s application shielding technology is routinely recognized for its ability to streamline the implementation of code protection while still providing the most robust security possible for mobile app developers. “It’s crucial to vigorously secure the actual mobile applications that have become such a vital part of our industry,” said Goran Nastic, editor of CSI Magazine. “Delivering increasingly valuable content, mobile apps and their developers can be armed with latest application shielding technologies that result in self-defending apps. Congratulations to Verimatrix for being named the winner of
Aurora Sustainability: Changing the World With the Network Effect30.9.2020 07:00:00 CEST | Press release
«Be the change you want to see in the world,» is a well-worn cliché. However, most of us feel overwhelmed in the face of the climate and environmental challenges. Instead of giving in, Cape Town-based Danielle Laity and her team decided to do something. They’ve started a new community: Aurora Sustainability. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005910/en/ Danielle Laity's new sustainable network, Aurora Sustainability, started in Cape Town, and has already over 10.000 users. Credit: Miris (Photo: Business Wire) “In Cape Town, we feel the need for a more sustainable and fairer world every day. Food security is an issue, the predominantly fossil fuel based electrical grid is under strain and climate change will only exacerbate these problems” says Danielle Laity. On the Aurora community platform, anyone can log on and take a quick quiz that tells you the size of your carbon footprint. The intention is not to co
CellSafe and Dynasty Castle Investments Limited Signed Distribution Agreement for LAMPlex TM RT-qLAMP COVID-19 Detection Assay30.9.2020 06:44:00 CEST | Press release
CellSafe, a specialist in developing diagnostics located at the Republic of Korea and Dynasty Castle Investments Limited, a Hong Kong based company specializing in the procurement, distribution and delivery of medical supplies, today announced that they have signed an exclusive distribution agreement for Portugal and 6 African countries for the sale and distribution of LAMPlexTM RT-qLAMP COVID-19 Detection Assay, real-time reverse transcription loop-mediated isothermal amplification (LAMP) technology-based kit which can detect the novel corona virus within 25 minutes. DCI has the rights to supply this clinically proven, reliable FAST molecular diagnostic kit in such countries in partnership with its local distributors. As this global pandemic is raging across the world, CellSafe has cooperated with Armed Forces Medical Research Institute, Republic of Korea to develop and launch LAMPlexTM RT-qLAMP COVID-19 Detection Assay. “This unprecedented pandemic is affecting our lives everywhere.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom