Velo3D CEO Acquires and Converts Certain of the Company's Debt to Equity at $16.38 Per Share, a Significant Premium to Market Price; Company Eliminates 60% of Debt Outstanding in Total Accessibility Statement Skip NavigationFREMONT, Calif., March 11, 2026 /PRNewswire/ -- Velo 3D, Inc. (Nasdaq: VELO) ("Velo3D" or the "Company"), a leader in additive manufacturing ("AM") technology known for transforming aerospace and defense supply chains through world-class metal AM, today announced that Dr. Arun Jeldi, the ...

Core Viewpoint - Velo3D, a leader in additive manufacturing technology, is set to announce its fourth quarter and fiscal year 2025 financial results on March 24, 2026, highlighting its ongoing innovation in metal 3D printing for various industries [1]. Company Overview - Velo3D specializes in metal additive manufacturing, transforming aerospace and defense supply chains through advanced technology [1]. - The company has developed solutions that overcome limitations of legacy metal AM, allowing for the design and production of previously impossible metal parts [1]. - Velo3D's integrated solution includes Flow print preparation software, the Sapphire® family of printers, and the Assure quality control system, all powered by the Intelligent Fusion® manufacturing process [1]. Industry Impact - Velo3D's technology enables customers in sectors such as space exploration, aviation, power generation, energy, and semiconductors to innovate and create mission-critical components [1]. - The company has established partnerships with notable innovators like Honeywell, Honda, Chromalloy, and Lam Research, indicating its strong position in the market [1]. - Velo3D was recognized as one of Fast Company's Most Innovative Companies for 2024, underscoring its impact and leadership in the additive manufacturing industry [1].

Core Insights - Velo3D, Inc. has entered into a Cooperative Research & Development Agreement (CRADA) with the U.S. Army DEVCOM Ground Vehicle Systems Center to develop and qualify additively manufactured complex parts for military applications, addressing supply chain challenges [1][2][5] Group 1: Partnership and Objectives - The collaboration aims to enhance the resilience of the Army's combat vehicle supply chain by leveraging Velo3D's advanced additive manufacturing capabilities alongside GVSC's expertise in vehicle technology [2][3] - The CRADA will utilize Velo3D's Rapid Production Solution (RPS) to quickly prototype alternatives to traditional manufacturing methods, focusing on several qualified alloys for use in Velo3D's Sapphire® printers [3][4] Group 2: Technological Capabilities - Velo3D's Sapphire® printers can produce parts up to 600mm in diameter and 1 meter in height, significantly expanding the range of applications and improving the fidelity of printed parts [4] - The systems meet Department of Defense cybersecurity standards, ensuring secure connections to military networks for critical manufacturing operations [5] Group 3: Company Background - Velo3D is recognized as a leader in metal 3D printing technology, having developed solutions that overcome limitations of legacy additive manufacturing, enabling the production of high-value metal parts [7][8] - The company has established partnerships with major industry players such as Honeywell and Honda, and has been acknowledged as one of Fast Company's Most Innovative Companies for 2024 [8]