Velo3D reports news about its metal additive manufacturing business, including the Flow print preparation software, Sapphire family of printers, Assure quality control system, and Intelligent Fusion manufacturing process. Company updates center on mission-critical metal parts, aerospace and defense supply-chain applications, large-format production capability, and the deployment of additively manufactured components in demanding operating environments.
Recurring developments include earnings releases, customer and government contract activity, technology demonstrations, financing transactions, debt conversions, registered equity offerings, and executive or finance leadership changes. Velo3D news also reflects how the company positions its metal 3D printing systems and related software for production use in aerospace, defense logistics, and performance-engineering markets.
Velo3D (NYSE:VELO) closed a firm commitment underwritten registered direct offering of 3,571,428 shares, generating approximately $50 million in gross proceeds on April 28, 2026.
The company sold all shares and intends to use net proceeds for working capital and general corporate purposes. Cantor served as sole book-running manager. The offering was made under an effective Form S-3 registration and a prospectus supplement filed April 27, 2026.
Velo3D (NASDAQ: VELO) is partnering with Andretti Performance as an official sponsor and additive manufacturing technology provider for two 2026 IMSA Michelin Pilot Challenge events.
The collaboration features Velo3D branding on the No. 43 Porsche at Laguna Seca and Indianapolis and the company-designed aluminum CP1 radio controls mounting bracket produced using Constellium Aheadd® CP1 alloy and generative design.
Velo3D (NASDAQ: VELO) was awarded a $9.8 million, five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract on March 30, 2026 to support the Defense Logistics Agency's JAMA Pilot Parts Program.
The award tasks Velo3D to supply additively manufactured metal components using its industrial LPBF capability and Rapid Production Solution, with Sapphire printers assembled in the United States able to produce parts up to 600mm diameter and 1m height.
Velo3D (Nasdaq: VELO) appointed James Suva as Chief Financial Officer, effective April 6, 2026. Suva replaces Bernard Chung, who served as Acting CFO since December 31, 2025 and will remain as Controller.
Suva brings more than 20 years of capital markets and technology experience, most recently serving as Senior Vice President and Treasurer at Cricut, and will oversee finance, accounting, treasury, and investor relations.
Velo3D (Nasdaq: VELO) reported full‑year 2025 revenue of $46.0 million and Q4 revenue $9.4 million, with a backlog of $31 million as of December 31, 2025. GAAP net loss for 2025 was $71.4 million and GAAP gross margin was (16.1)%, driven by a ~$7.0 million inventory write‑down in Q4.
The company raised $30 million in private placement financing, completed $15 million of debt‑to‑equity conversions (~60% debt reduction), secured a $32.6 million Department of War award and an $11.5 million multi‑year defense RPS contract, and unveiled a demand‑driven plan envisioning up to ~400 production systems over the next decade. Guidance for 2026: $60–$70 million revenue, positive EBITDA expected in H2 2026, and capex of $40–$50 million.
Velo3D (Nasdaq: VELO) announced that CEO Dr. Arun Jeldi acquired a $5 million promissory note and converted it into common stock at $16.38 per share, described as a significant premium to market. A director, Ken Thieneman, converted a $10 million note at $10.50 per share.
Overall, the company said total outstanding debt was reduced by 60% to approximately $10 million, and management said the moves materially deleverage the balance sheet heading into fiscal 2026.
Velo3D (NASDAQ: VELO) will release fourth quarter and fiscal year 2025 financial results after the market close on March 24, 2026. The company will host an earnings conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET the same day.
Investors can join via the U.S. dial-in numbers provided or access the live webcast and supporting earnings press release and presentation on the Events page of the Investor Relations site at ir.velo3d.com.
Velo3D (Nasdaq: VELO) said Intergalactic used its Rapid Production Solutions (RPS) to produce Inconel 718 microtube heat exchanger headers for a cabin air heat exchanger on a mass-produced commercial aircraft.
Parts were printed on the Sapphire XC using standard production parameter sets, moved from design to printed parts in a couple of weeks, and support a distributed digital inventory and scalable supply chain.
Velo3D (NASDAQ: VELO) was awarded a multi-year $11.5 million full rate production contract from a key U.S. defense prime to support a high-profile national security program.
The deal uses Velo3D's Rapid Production Solution (RPS) and industrial-scale LPBF printing to deliver critical metal components faster and at lower cost than subtractive methods. All Sapphire printers are assembled in the United States and can print parts up to 600mm diameter and 1 meter height.
Velo3D (NASDAQ: VELO) was selected as the first qualified additive manufacturing vendor for the U.S. Army GVSC program to accelerate qualified AM solutions for ground vehicles. Under an existing CRADA, Velo3D met GVSC qualification criteria in less than two weeks and will validate parts in Aluminum CP1 and Inconel 718 on Sapphire printers.
Upon successful validation, AM alternatives may be inserted into the Army TACOM supply chain; Sapphire printers are U.S.-assembled and support parts up to 600mm diameter and 1m height.