The commercial space industry is undergoing a transformative phase, marked by rapid growth and intense competition. Over the past few years, the NewSpace sector has witnessed a significant surge, with more than 450 companies raising nearly $42 billion in funding.
With such a tremendous influx of capital, entrepreneurs and innovators are now in a race to secure investment, outpace the competition, and achieve success.
In this dynamic landscape, metal additive manufacturing (AM) solutions are playing a pivotal role in enabling space companies to iterate faster and streamline production schedules.
At the forefront of this revolution is Velo3D. Our metal 3D printing technology is empowering businesses to design and manufacture metal components in a matter of weeks, rather than months or years.
Accelerating Design and Production
Velo3D’s advanced metal AM solutions have unlocked a new level of efficiency for space companies. By leveraging Velo3D metal AM technology, companies can experience unprecedented speed in the entire design, testing, and manufacturing process.
Traditional methods often involve lengthy cycles of design revisions, prototype creation, and tooling modifications. However, Velo3D’s 3D printing technology allows for rapid iterations, significantly reducing the time required to bring ideas from concept to reality.
With shorter production schedules, space companies can stay ahead of the competition, enabling them to thrive in this highly competitive environment.
Breaking Barriers and Galvanizing Investment
The commercial space industry, once considered accessible only to those with astronomical amounts of capital, has changed thanks to technological advancements in telecommunications, software, data analytics, and cutting-edge manufacturing technology—all of which have significantly lowered the barriers to entry.
Velo3D has also played a vital role in dismantling these barriers by reducing the capital requirements for space industry newcomers. Unlike conventional additive manufacturing systems that demand substantial upfront investment, Velo3D offers a more flexible approach to adoption.
Velo3D provides customers with the option to purchase their 3D printing system for in-house production or leverage an extensive network of certified contract manufacturers.
This dual approach gives companies the freedom to choose the best strategy that aligns with their specific needs.
Whether they opt for in-house production capabilities or rely on Velo3D’s network of metal AM specialists, customers can scale their operations effectively. This flexibility allows businesses to adapt their production capacity based on demand, ensuring optimal efficiency and cost-effectiveness.
Chart a Course to Innovation
In the rapidly evolving commercial space industry, staying ahead of the competition is paramount. Velo3D’s metal 3D printing technology is revolutionizing the sector by empowering companies to design, test, and iterate at an unprecedented speed.
With the Velo3D fully integrated metal additive manufacturing solution, space companies can overcome the traditional barriers to entry and significantly reduce production schedules, allowing them to thrive in this competitive field.
Delve deeper into the possibilities of how Velo3D can help your organization and download our whitepaper We Have Liftoff: Get to Orbit Faster with Metal 3D Printing, and discover how Velo3D technology is helping today’s most ambitious and successful space companies reshape the future of space exploration and unlock new opportunities for innovation and success.