Sun, 29-May-2022
Wednesday 05 Aug 2020 , 6:05 am

Lam Research and VELO 3D Sign Strategic Agreement to Use Additive Metal Fabrication in Semiconductor Manufacturing Equipment

Contract regulates proprietary process development and investments in VELO 3D.
By SIN Bureau
Share at:

Digital manufacturing innovator VELO 3D and Lam Research Corporation have a joint development agreement to collaborate on novel materials and designs in additive metal fabrication (AM) and 3D printing applications for the semiconductor industry. Lam plans to significantly increase the volume of parts produced using the AM process over the next five years.

The VELO3D Sapphire 3D metal printer

VELO 3D will use its Sapphire printer to develop new metal alloys that are required for Lam designs and technologies. Lam Capital will also invest an unpublished amount in VELO 3D .

"Lam Research uses additive manufacturing to drive innovation, enabling our customers to design smaller, faster, more powerful, and more energy-efficient electronic devices for everyday use," said Kevin Jennings, Lam Research's senior vice president of global operations. “This joint development agreement supports Lam's goal of continuously looking for new technologies that push the boundaries of product design and manufacturing. As a leading company in the semiconductor industry, we are pleased to be able to offer our customers the advantages of additive metal production. ”

"Semiconductor production is one of the best examples of mass production, and Lam demands the best possible repeatability and consistency to achieve atomic-scale precision," said Benny Buller, CEO and founder of VELO 3D . “Thanks to our skills in calibration, measurement technology and digital traceability, VELO 3D is well positioned to create trust in the 3D metal printing process. This partnership aims to accelerate Lam's path of continuous innovation in manufacturing manufacturing equipment for the latest microprocessors, memory devices and many related product types.”

Additive metal manufacturing is a promising component of digital transformation that reduces the use of analog manufacturing methods. According to a CAD file, production parts made of metal are produced using the AM process using lasers, in which fine metal powder is melted layer by layer. 3D printing shortens production times, reduces the need for raw materials and enables more complex designs that are difficult or very expensive to achieve using conventional methods.

VELO 3D recently closed a $ 40 million round of financing, bringing the company's total funding to $ 150 million. This new investment allows the company to further expand its technological capabilities and reach profitability by mid-2022.

The Insight Partners

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Related News