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Velo3D Participates in U.S. Army AvMC and M&S Program Funded Initiative to Advance High-Throughput Aluminum CP1 Additive Manufacturing for Defense Applications in Collaboration with RTX and Raytheon Technologies Research Center
Prnewswire· 2025-08-25 13:00
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]
Velo3D, Inc. Announces Pricing of $17.5 Million Public Offering of Common Stock and Uplisting to Nasdaq
Prnewswire· 2025-08-19 13:25
A Registration Statement on Form S-1, as amended (File No. 333-289337), relating to the shares of common stock to be issued and sold in the Offering was declared effective by the U.S. Securities and Exchange Commission ("SEC") on August 18, 2025. The Offering is being made only by means of a prospectus that forms a part of such effective registration statement. When available, copies of the final prospectus may be obtained for free on the SEC's website at sec.gov or by contacting Lake Street Capital Markets ...
Velo3D to Announce Second Quarter 2025 Results on August 06, 2025
Prnewswire· 2025-08-01 13:00
Core Viewpoint - Velo3D, Inc. is set to release its second quarter 2025 financial results on August 6, 2025, and will host a conference call to discuss these results [1][2]. Company Overview - Velo3D is a leading US-based metal 3D printing technology company that specializes in additive manufacturing (AM) [4]. - The company has developed solutions that overcome the limitations of legacy metal AM, allowing for the design and production of high-value metal parts [5]. - Velo3D's technology is utilized in various industries, including space exploration, aviation, power generation, energy, and semiconductors, enabling the creation of mission-critical components [5]. Technology and Innovation - The company's integrated solution includes Flow print preparation software, the Sapphire family of printers, and the Assure quality control system, all powered by Velo3D's Intelligent Fusion manufacturing process [5]. - Velo3D has been recognized as one of Fast Company's Most Innovative Companies for 2023, highlighting its impact on the industry [5].
Velo3D, Inc. Announces Reverse Stock Split
Prnewswire· 2025-07-25 20:05
Core Viewpoint - Velo3D, Inc. has announced a 1-for-15 reverse stock split of its common stock to prepare for a potential listing on a national securities exchange, with the split expected to take effect on July 28, 2025 [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will convert every 15 shares of common stock into one new share, reducing the outstanding shares from approximately 211,011,238 to about 14,067,416 [3]. - The reverse stock split was approved by Velo3D's stockholders on June 27, 2025, and the final ratio was determined by the board on July 18, 2025 [1][3]. - The CUSIP number for the common stock will change to 92259N 302, and the trading symbol will temporarily change to "VLDXD" for 20 business days [1][2]. Group 2: Impact on Shareholders - Fractional shares will not be issued; instead, stockholders entitled to a fractional share will receive one full share [3]. - The number of authorized shares will remain at 500,000,000, and the par value will stay at $0.00001 per share [2][3]. - Proportional adjustments will be made to the exercise prices of outstanding stock options and warrants, as well as to equity-based awards [3]. Group 3: Company Overview - Velo3D specializes in additive manufacturing technologies for mission-critical metal parts, enabling the production of complex designs previously deemed impossible [6][7]. - The company has developed a fully integrated solution that includes Flow print preparation software, the Sapphire family of printers, and the Assure quality control system, powered by its Intelligent Fusion manufacturing process [7]. - Velo3D has been recognized as one of Fast Company's Most Innovative Companies for 2024 and has partnered with notable companies such as SpaceX and Honeywell [7].