VELO3D, a metal additive manufacturing (AM) leader, has been named to Fast Company’s annual list of the World’s Most Innovative Companies for 2021. Appearing in the manufacturing category, VELO3D is being honored among businesses making a profound impact and driving innovation for their industry.
VELO3D grew by leaps and bounds in 2020. The company raised fresh funding that was immediately put to good use when it received a $20 million order for 3D printers. The company launched the Sapphire XC 3D, a printer that can create an object five times faster than counterpart systems. The company entered a new distribution partnership with GoEngineer on the backend of 2020. It hit the ground running in 2021 with another distribution partnership. The company most recently appointed Jon Porter to expand its commercial operations into Europe. This growth points to Fast Company‘s reasons for placing VELO3D on the annual list of the World’s Most Innovative Companies.
“Innovation has always been a key driver of our success and is an integral part of our DNA. The value of 3D printing as a game-changing manufacturing process has become increasingly clear, and we are extremely honored by Fast Company’s recognition of our results,” said Benny Buller, founder and CEO of VELO3D. “We are excited by the traction we’re gaining in our industry for our 3D metal printing system, which enables engineers to design and print critical parts for space travel, supersonic flight, clean power plants, and beyond.”
VELO3D’s 3D-printing system of Flow software, Sapphire printer, and Assure Quality Assurance Software has emerged as the breakthrough leader in advanced 3D printing. It offers unparalleled design freedom for creating highly complex geometries and enables manufacturers to accelerate product innovation and transform their businesses to become more responsive to shifting market needs.
Fast Company’s editors and writers sought out the most groundbreaking businesses across the globe and industries. The list honors the businesses that have not only found a way to be resilient in the past year but also turned those challenges into impact-making processes. These companies did more than survive, they thrived—making an impact on their industries and culture as a whole.
“In a year of unprecedented challenges, the companies on this list exhibit fearlessness, ingenuity, and creativity in the face of crisis,” said Fast Company Deputy Editor David Lidsky, who oversaw the issue with Senior Editor Amy Farley.