Accessibility StatementSkip Navigation FREMONT, Calif., Sept. 30, 2025 /PRNewswire/ -- Velo3D, Inc. (Nasdaq: VELO), a leading provider of advanced additive manufacturing technology for mission-critical metal parts, today announced it has successfully achieved AS9100D certification for its Rapid Production Solution (RPS) Quality Management System. This certification, issued by Eagle Certification Group (ECG), is a globally recognized benchmark. It affirms that Velo3D's RPS processes meet the extremely strin ...

Velo3D has gone from near bankruptcy to a Nasdaq relisting in under a year. Now, with the U.S. Army and RTX Corp RTX, formerly Raytheon Technologies, as partners, the metal 3D-printing specialist isn't just surviving—it's embedding itself into America's defense supply chain.Track RTX stock here.The shift positions Velo3D not as a machine vendor, but as a critical player in the Pentagon's push for resilient, distributed manufacturing.Read Also: Firefly Vs. RocketLab: Wall Street’s New Space Race Has A Defens ...

Core Insights - 3D Systems has been awarded a $7.65 million contract by the U.S. Air Force for the development of a Large-format Metal 3D Printer Advanced Technology Demonstrator [1] - This contract is part of a program that 3D Systems has been involved in since 2023, focusing on large-scale, high-speed additive manufacturing capabilities [1][2] - The project will be executed at the company's facilities in San Diego, California, and Rock Hill, South Carolina, with an expected completion date of September 27, 2027 [1] Company Background - 3D Systems has a history of collaboration with the U.S. Department of Defense since 2019, aimed at advancing additive manufacturing technologies [2] - The company has been a pioneer in the 3D printing industry for nearly 40 years, founded by Chuck Hull, and continues to innovate in various high-value markets including aerospace, medical, and durable goods [4] - The company aims to transform manufacturing through its industry-leading 3D printing technologies, materials, and software [4]

Company Overview - Amaero Ltd. specializes in the research, development, manufacture, and sale of refractory metals and specialty alloy powders, serving the defense, space, and aviation industries [5] - The company provides end-to-end additive manufacturing solutions, including services, equipment, and technology, particularly for clients in the Aviation Defense and Space sectors and the Tool and Die industry [5] - Established in 2013 with support from Monash University, Amaero aims to commercialize opportunities in metal 3D printing identified by the Monash Centre for Additive Manufacturing [5] Market Upgrade - Amaero Ltd. has qualified to trade on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market, which is a significant milestone for the company [1][3] - The upgrade enhances the accessibility of Amaero shares to U.S. institutional and retail investors, thereby increasing visibility among these investors [4][3] Financial Standards and Compliance - To qualify for the OTCQX Market, companies must meet high financial standards, adhere to best practice corporate governance, and comply with applicable securities laws [3] - The OTCQX Market is designed for established, investor-focused U.S. and international companies, indicating Amaero's commitment to maintaining high operational standards [3] Leadership Commentary - Hank J. Holland, Amaero's Chairman and CEO, expressed delight over the upgrade, highlighting the company's strong portfolio of proprietary technologies and a growing pipeline of strategic partnerships [4] - The company is positioned to capitalize on the increasing adoption of additive manufacturing globally, indicating a positive outlook for future growth [4]

Core Insights - Velo3D, Inc. is participating in a U.S. Army initiative to advance high-throughput, cost-effective additive manufacturing processes for Aluminum CP1, aimed at supporting defense applications [1][2] - The collaboration with RTX and the Raytheon Technologies Research Center focuses on developing an optimized laser powder bed fusion process that aligns with the U.S. Army's Integrated Air and Missile Defense modernization priorities [2][3] - The initiative aims to establish a new Installation and Operational Qualification framework to enhance distributed manufacturing capabilities within the Department of Defense [3][4] Company Overview - Velo3D specializes in metal 3D printing technology, overcoming limitations of legacy additive manufacturing systems to enable the production of high-value metal parts [5][6] - The company's integrated solution includes Flow print preparation software, Sapphire printers, and Assure quality control systems, all powered by the Intelligent Fusion manufacturing process [6] - Velo3D has established partnerships with notable companies such as SpaceX, Honeywell, and Honda, and has been recognized as one of Fast Company's Most Innovative Companies for 2024 [6]

Core Viewpoint - The shift from IFRS to GAAP accounting standards by Nano Dimension is perceived positively by investors, leading to a nearly 3% increase in share price despite the company's ongoing losses [1][5]. Group 1: Accounting Change - Nano Dimension transitioned from International Financial Reporting Standards (IFRS) to Generally Accepted Accounting Principles (GAAP), aligning its financials with major U.S. companies [2]. - The company published its 2024 annual results under GAAP, with revenue reported at under $57.8 million, consistent with IFRS figures [4]. Group 2: Financial Performance - The net loss for 2024 was reported at just under $99.9 million under GAAP, compared to a $96.9 million loss under IFRS, indicating a slightly steeper loss under the new accounting standard [5]. - No significant changes in line items raised concerns about the company's performance, reinforcing the positive market sentiment regarding the accounting shift [5].

Core Insights - Amaero Ltd reported a significant increase in revenues, with revenues from ordinary activities up 470% and revenues from contracts with customers from continuing operations up 722%, reaching A$3.8 million for the financial year ending June 30, 2025 [1] Company Overview - Amaero Ltd is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing, primarily serving the defense, space, and aviation industries [31] - The company aims to address gaps in the U.S. manufacturing ecosystem by providing large near-net-shape components as alternatives to traditional castings and forgings [3] Operational Milestones - In FY2025, Amaero expanded its manufacturing capabilities by commissioning its second Electrode Induction Melting Inert Gas Atomizer (EIGA Premium) in June 2025, enhancing its production capacity for C103 and titanium alloy powders [4] - A significant A$28 million infrastructure improvement project was completed at the Tennessee facility, achieving AS9100D accreditation for both metal powder production and Powder Metallurgy Hot Isostatic Pressing (PM-HIP) [7] Commercialization Progress - FY2025 marked the transition into initial commercial operations, with a record revenue of A$1.5 million in the June 2025 quarter, driven by strong powder sales and increasing PM-HIP orders [9] - A five-year exclusive supply agreement was executed with Velo3D, estimated to generate A$35 million in revenue, with initial orders to be shipped in Q1 FY2026 [10][11] Financial Stewardship - The capital position improved significantly during FY2025, with a completed A$22 million institutional placement and a US$22.8 million equipment financing loan from the Export-Import Bank of the United States [14][15] - Amaero ended FY2025 with A$19.2 million in cash and A$50.7 million in tangible assets, fully funded for its three-year capital plan through FY2026 [17] Leadership and Governance - The leadership team was strengthened with the promotion of Michael "Mick" Maher to Chief Strategy and Commercial Officer and the appointment of Brett Paduch as Chief Financial Officer [19][20] - Alistair Cray was appointed as Non-Executive Director, enhancing the Board's depth in strategy and governance [21] Industry Outlook - The company is positioned to benefit from increased defense spending, geopolitical risks, and onshoring initiatives, creating a favorable environment for U.S.-based production of advanced materials [22] - Amaero expects a significant revenue increase in FY2026, with contracted revenue for the first half of FY2026 already at approximately 80% of planned revenue [24]

Financial Data and Key Metrics Changes - Consolidated revenue for Q2 2025 was $138.1 million, slightly higher than Q2 2024, reflecting ongoing customer deferral of major capital spending due to market uncertainty [21] - GAAP gross margin was 43.1%, down from 43.8% in the same period last year, while non-GAAP gross margin was 47.7%, down from 49% [22] - GAAP operating loss for the quarter was $16.6 million, an improvement from a loss of $26 million in the same period last year, while non-GAAP operating income was $1.1 million compared to a loss of $3.2 million [23][24] - Cash flow used in operating activities was $1.1 million, an improvement from $2.4 million in Q2 2024, with an expectation of positive operating cash flow for the full year 2025 [24] Business Line Data and Key Metrics Changes - Product revenue was $94.8 million, up from $93.6 million in the same period last year, while service revenue was $43.3 million, down from $44.4 million [21] - Within product revenue, system revenue increased to $30.6 million from $29 million, and consumables revenue was $64.2 million, slightly down from $64.6 million but up 2.6% sequentially [21] Market Data and Key Metrics Changes - Customer engagement remains strong despite macroeconomic challenges, with ongoing investment in R&D and new technology offerings [6][20] - The company launched the North American Stratasys Tooling Center to help manufacturers validate and scale additive manufacturing applications [9] Company Strategy and Development Direction - The long-term growth strategy focuses on capturing opportunities in high-growth sectors influenced by megatrends such as supply chain localization and sustainability [7][8] - The company emphasizes innovation and execution, aiming to solidify its leadership in digital manufacturing as market dynamics stabilize [6][30] Management's Comments on Operating Environment and Future Outlook - Management noted that customer spending remains challenged, impacting near-term business views, but the long-term outlook remains positive [19][20] - The return to normalized capital spending has been delayed, with expectations for significant opportunities in production applications to close potentially moving into 2026 [25][26] Other Important Information - The company ended the quarter with $254.6 million in cash and equivalents, bolstered by a $120 million investment [25] - New material offerings include P3 Silicon 25A, designed for the Stratasys Origin DLP platform, enhancing capabilities in industrial 3D printing [16] Q&A Session Summary Question: Can you clarify which specific verticals or regions are seeing the most pronounced slowdown or delays? - Management clarified that there is no slowdown, only delays, particularly in larger production application deals which have longer sales cycles [32][34] Question: What assumptions are baked into the fourth quarter adjusted EBITDA margin? - The guidance for Q4 is largely based on cost monitoring and reductions, with no large deals factored into the model [39][40] Question: What is impacting the gross margin? - Gross margin changes are attributed to sales mix changes, inventory absorption issues, and tariff impacts [43][46] Question: Can you elaborate on the Nexa asset acquisition? - The acquisition included valuable IP and R&D knowledge, positioning the company stronger in key use cases [56][59] Question: Do you anticipate additional partnerships with other vehicle OEMs? - Management expressed optimism about expanding partnerships, leveraging proven use cases from collaborations with GM and Toyota [72][74]

Core Viewpoint - 3D Systems is set to release its financial results for the second quarter of 2025 on August 11, 2025, after U.S. stock markets close, followed by a conference call on August 12, 2025, at 8:30 a.m. Eastern Time [1][2]. Group 1 - The financial results will be discussed in a conference call and webcast, which can be accessed via the company's investor relations website [2]. - The company has a long history of nearly 40 years in the 3D printing and additive manufacturing industry, founded by Chuck Hull [3]. - 3D Systems provides industry-leading 3D printing technologies, materials, and software across various high-value markets, including medical, aerospace, and AI infrastructure [3].

Company Overview - PyroGenesis Inc. is a high-tech company specializing in advanced all-electric plasma processes and sustainable solutions for heavy industry, focusing on energy transition, emission reduction, commodity security, and waste remediation [1][9] - The company is the inventor of the plasma atomization process and has developed a patented NexGen system, which is considered the gold standard for metal powder production in additive manufacturing [6][9] Recent Developments - PyroGenesis has received its first commercial order for Ti64 "coarse" cut titanium metal powder from a European engineering and material science firm, following successful testing of samples [2][4] - The titanium powder has been produced and is scheduled for shipment to the customer in the coming weeks [2] Market Context - The metal 3D printing market in Europe is projected to reach a revenue of US$11.2 billion by 2030, with a compound annual growth rate of 24.8% from 2024 to 2030 [7] - Europe is a key hub for manufacturing in sectors such as automotive, aerospace, machinery, and electronics, which are expected to drive demand for advanced metal powders [7] Strategic Importance - The development of high-quality titanium metal powders is part of PyroGenesis' three-vertical solution ecosystem, which includes Commodity Security & Optimization, Energy Transition and Emission Reduction, and Waste Remediation [8] - Titanium has been identified as a critical mineral by the Canadian government, highlighting its importance in the industry [8]