Mears Machine Purchases Third Velo3D Sapphire XC Metal 3D Printer
Portfolio Pulse from Benzinga Newsdesk
Mears Machine Corporation has purchased a third Velo3D Sapphire XC metal 3D printer to enhance its additive manufacturing capabilities, particularly for defense-related programs. This move highlights Mears Machine's commitment to advanced manufacturing technologies.
June 24, 2024 | 1:10 pm
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Velo3D, Inc. announced that Mears Machine Corporation has purchased a third Sapphire XC metal 3D printer, enhancing Mears Machine's additive manufacturing capabilities for defense-related programs.
The purchase of a third Sapphire XC printer by Mears Machine Corporation indicates strong demand for Velo3D's advanced manufacturing technology, particularly in the defense sector. This could positively impact Velo3D's stock price in the short term.
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