– USA, CA – VELO3D Inc., a leader in additive manufacturing for high-value metal parts, today announced the appointment of Stefan Krause to its board of directors. He will also join the audit committee as chair.
Last month VELO3D announced plans to merge with JAWS Spitfire Acquisition Corporation (NYSE: SPFR) and become a public company.
“Stefan’s international business background, his expertise in branding and go-to-market strategy and his deep experience managing public companies make him a welcome and valuable addition to our board as VELO3D prepares for life as a public company,” said founder and CEO, Benny Buller. “His presence will help VELO3D continue our accelerated growth at scale and speed adoption of our full-stack metal AM solution, freeing the most imaginative engineers on the planet to build the impossible.”
About Stefan Krause
With more than 30 years of experience working at some of the most recognizable and successful companies in the world, Stefan Krause has built a singular career that previously included a CFO role at BMW where he was the youngest ever to hold the position and a member of the management board. Krause then took on a similar role at Deutsche Bank, earning himself a reputation as one of the world’s top CFOs. He also previously served as chairman of Rolls Royce Motorcars, Postbank AG, and BHF Bank. He has been on the supervisory boards of Rocket Internet and Allianz AG.
Stefan Krause has also been involved with multiple startups during his career and has been CEO and co-founder of electric vehicle maker Canoo.
“With truly unique capabilities setting it apart from others in the AM space, VELO3D is actually delivering on 3D printing’s previously unfulfilled promise of innovation and design freedom,” said Stefan Krause. “This is due to a relentless focus on pushing the limits of manufacturing technology and helping customers design and build the parts they need without compromise. I’m looking forward to working with Benny and the team to help companies become more agile and innovate faster.”
About VELO3D
VELO3D empowers companies to imagine more and additively manufacture nearly anything. Bringing together an integrated, end-to-end solution of software, hardware, and process-control innovation, VELO3D’s technology for 3D metal printing delivers unparalleled quality control for serial production and enhanced part performance. With VELO3D Flow print preparation software, Sapphire laser powder bed AM system, and Assure quality assurance software, manufacturers can accelerate product innovation, become more agile and responsive to market needs and reduce costs. First in the industry to introduce Support Free metal 3D printing, which allows for the manufacture of previously impossible geometries, the company is based in Silicon Valley and is privately funded.
The company also previously announced a U.S.-wide distribution partnership with GoEngineer and has said it plans to expand commercial operations in Europe, while establishing strategic partnerships in both Europe and Asia, demonstrating the company’s focus on supporting visionary aviation, energy, space, and industrial customers all over the world. Current customers include Chromalloy, Honeywell, Lam Research, and Primus Aerospace.
Earlier this year VELO3D was named to Fast Company’s 2021 list of the world’s most innovative companies, among the top-ranked in the manufacturing category for their profound impact on the 3D printing industry.
For more information: https://www.velo3d.com/
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