The desktop 3D printing company says Middleton will ‘play a pivotal role’ in driving its strategic initiatives and strengthening its footprint in the EMEA region.
Manufacturers can now leverage Velo3D's metal additive manufacturing technology for surge capacity through the company's newly launched Rapid Production Solutions offering.
The software company cited changing market conditions in the key markets of China and Germany as the motivation behind the layoffs, which includes 5,600 jobs in Digital Industries and 450 in Smart Infrastructure.
SBO (formerly Schoeller-Bleckmann Oilfield Equipment) says the move is designed to bolster its metal additive manufacturing capabilities, which already includes investment in in-house equipment from Velo3D.
The Chinese OEM has demonstrated its copper and copper alloy 3D printing, claiming it has overcome the challenges associated with copper’s low absorption and high reflectivity for red laser-powered additive manufacturing.
The technology, which was first presented at the Shanghai additive manufacturing event in 2023, can now be configured to double the laser capacity with 32 × 500W fiber lasers.
The company also suggests the update will deliver enhanced surface finish on downfacing surfaces, allowing manufacturers to create tooling components that go 'directly to moulding with even fewer post-processing requirements'.
At RAPID + TCT in Detroit, Lithoz highlighted the impressive capabilities of its newest ceramic 3D printer premiering in the United States: the CeraFab System S320.
