Precision Additive

HardwareCarmel, USAFounded 2022

An advanced manufacturing company developing specialized Laser Powder Bed Fusion (LPBF) platforms engineered specifically for the safe, high-speed, and repeatable production of magnesium and reactive alloy components.

CEO / Founder
Bala Anand Jeldi
Team Size
11-50
Stage
Early-stage scaling; recently launched the 'world's fastest' AI-driven LPBF printer (2024) and secured pre-seed funding (Jan 2025).
Total Funding
$200.0K
Latest Round
Pre-Seed (Jan 2025)
Key Investors
["Elevate Ventures","Private Strategic Investors"]

Technology & Products

Key Products

["High-speed LPBF 3D Metal Printer (optimized for reactive alloys)","Solid State Laser Module (SSLM) technology","Proprietary inert atmosphere and safety monitoring systems","Magnesium alloy process parameters and material validation services"]

Technological Advantage

Utilizes proprietary Solid State Laser Module (SSLM) technology and advanced gas-flow dynamics to prevent soot buildup and fires, combined with a strategic leadership position following the 95% takeover of Velo3D by its sister entity, Arrayed Additive.

Market & Competition

Target Customers

Aerospace OEMs, defense contractors, high-performance automotive manufacturers, and medical device companies requiring lightweight, biocompatible, or high-strength-to-weight ratio parts.

Industry Verticals

["Aerospace & Defense","Automotive (EV & Racing)","Medical Devices (Bio-resorbable implants)","Space Exploration"]

Competitors

["Nikon SLM Solutions","Wayland Additive","EOS"]