- Velo3D ( NYSE: VLD ) on Wednesday said manufacturing services provider Kevton Technologies had acquired seven of its Sapphire metal 3D printers.
- Terms of the deal were not disclosed.
- Kevton, a Houston-based manufacturer, provides CNC turning, CNC milling, coordinate measuring machine inspections and other finishing services.
- VLD said the first of the two Sapphire printers are scheduled to begin producing parts for customers in Q1 2023 in Kevton's Houston facility.
- VLD stock +5.5% to $5.02 after hours.
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Kevton Technologies acquires seven Velo3D Sapphire metal 3D printers