Welcome to our dedicated page for Velo3D news (Ticker: VELO), a resource for investors and traders seeking the latest updates and insights on Velo3D stock.
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 (NASDAQ:VELO) has secured a $6 million contract with the U.S. Navy to develop and qualify copper nickel alloy (CuNi) for its Sapphire line of 3D printers. The partnership aims to accelerate ship repairs and enhance the maritime industrial base through advanced manufacturing capabilities.
The agreement includes qualifying CuNi for use in Velo3D's large-format Sapphire XC printer, which can produce parts up to 600mm in diameter and 550mm in height. The company's Rapid Production Solution (RPS) will enable faster production of mission-critical parts compared to traditional casting methods, improving shipbuilding schedules and supply chain resilience.
The qualification process will be conducted at Velo3D's U.S.-based facility in Fremont, California, in collaboration with a domestic metal powder supplier, ensuring supply chain independence for the Navy.
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BBQGuys, a leading e-commerce retailer for grilling products, announced a new national ad campaign featuring the Manning family: Archie, Peyton, Cooper, and Eli. The campaign, titled 'Around The Grill,' will air during SEC football games on ESPN and The SEC Network this fall. The ad highlights family interactions during grilling, aiming to boost brand awareness. Additionally, BBQGuys has signed the Mannings as national brand ambassadors, further solidifying their marketing strategy. The company also recently entered a business combination agreement with Velocity Acquisition Corp. (NASDAQ: VELO).
BBQGuys has launched its new Victory line of grills, redefining entry-level options by focusing on quality and affordability. The range includes the Victory Gas Grill, featuring stainless steel construction, extensive warranties, and a powerful infrared burner, priced at $799. The Victory Pellet Grill boasts a reliable auger and significant cooking area, retailing for $699. These innovations come as BBQGuys prepares for a business combination with Velocity Acquisition Corp. (NASDAQ: VELO), positioning itself for further expansion in the grilling market.