Precision Additive
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
- Active
- Total Funding
- $200.0K
- Latest Round
- Pre-Seed
- Key Investors
- Elevate Ventures, Private Strategic Investors
Technology & Products
Key Products
PA-300: An AI-powered Laser Powder Bed Fusion (LPBF) system for high-speed, safe, and repeatable 3D printing of magnesium and reactive alloy components. It features proprietary Solid State Laser Modules (SSLM) and AI architecture developed with NVIDIA for real-time self-healing.
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.
Differentiation
Value Proposition
Enables the industrial-scale 3D printing of magnesium—a traditionally 'unprintable' and volatile material—offering up to 33% weight reduction compared to aluminum while maintaining structural integrity and safety.
How They Differentiate
Precision Additive differentiates itself by building hardware specifically for magnesium, utilizing a 'Safety-by-Design' approach with proprietary Solid State Laser Modules (SSLM) and advanced gas-flow dynamics to eliminate soot buildup and fire risks. Their PA-300 system also integrates AI architecture developed with NVIDIA for real-time self-healing, enabling 10x faster build speeds and processing of reactive magnesium at scale.
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
Growth & Milestones
Growth Metrics
Rapidly transitioned from R&D to a dominant market position following the strategic takeover of Velo3D by its sister entity, Arrayed Additive.
Major Milestones
["Founded in 2022 to solve magnesium volatility in 3D printing","Developed proprietary Solid State Laser Module (SSLM) technology","Sister entity Arrayed Additive orchestrated a 95% takeover of Velo3D in December 2024","Secured Pre-Seed funding and filed SEC Form D in January 2025","Launched the 'world's fastest' AI-driven LPBF printer optimized for reactive alloys"]
Notable Customers
Aerospace OEMs (Confidential); Defense Contractors; High-performance Automotive Manufacturers