Velo3D Added to Membership of Russell 3000 Index and Russell Microcap Index

Velo3D (Nasdaq: VELO) announced its addition to the Russell 3000 Index and Russell Microcap Index, effective at the US market open on June 29, 2026, as part of the 2026 Russell index reconstitution.

Rhea-AI Summary

Velo3D (Nasdaq: VELO) announced its addition to the Russell 3000 Index and Russell Microcap Index, effective at the US market open on June 29, 2026, as part of the 2026 Russell index reconstitution.

Membership, determined by market-cap rankings, runs until the next semi-annual reconstitution in December 2026. Russell US indexes benchmark about $12.2 trillion in assets as of May 2026, potentially increasing Velo3D’s visibility with institutional investors.

Positive

• Added to Russell 3000 and Russell Microcap indexes effective June 29, 2026
• Index membership expected to broaden exposure to investment community
• Access to investor base tracking $12.2 trillion benchmarked to Russell indexes

Negative

• None.

Argus Jun 29 session

+10.58% close to close Open Argus

Details

News Market Reaction – VELO

On Jun 29, the day this news came out, VELO closed 10.58% above the previous close.

Data tracked by StockTitan Argus for the Jun 29 session.

Key Figures

Russell universe size cap: 4,000 stocks Assets benchmarked: $12.2 trillion Index inclusion effective date: June 29, 2026 +1 more

Russell universe size cap

4,000 stocks

Maximum number of largest U.S. stocks captured in Russell indexes

Assets benchmarked

$12.2 trillion

Assets benchmarked to Russell U.S. indexes as of end of May 2026

Index inclusion effective date

June 29, 2026

Effective date for VELO’s addition to Russell 3000 and Microcap

Reconstitution reference date

April 30, 2026

Date used to rank up to 4,000 largest U.S. stocks by market cap

Historical Context

5 past events · Latest: Jun 12

5 events

1. Jun 12

   Sector commentary

   24h Move

   -16.7%

   Orbital economy and index inclusion commentary featuring Velo3D and peers.

2. Jun 11

   Board appointment

   24h Move

   +35.0%

   Appointment of former Fremont Mayor Lily Mei as independent director.

3. Jun 11

   Space sector repricing

   24h Move

   +35.0%

   Space-stock repricing tied to anticipated SpaceX IPO and index exposure.

4. Jun 10

   Index and sector shift

   24h Move

   +16.7%

   Discussion of space firms joining major indexes and Velo3D growth metrics.

5. Jun 09

   Strategic partnership

   24h Move

   +20.1%

   Partnership with Aurelia Technologies on next‑gen gas turbine systems.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

additive manufacturing, market capitalization, index funds

3 terms

additive manufacturing technical

"a leader in additive manufacturing ("AM") technology known for transforming"

Additive manufacturing, often called 3D printing, builds physical parts by laying down material layer by layer from a digital design, rather than cutting or molding from a solid block. It matters to investors because it can cut production time and waste, enable cheaper prototypes and customized products, and reshape supply chains—changes that can lower costs, speed new products to market, and create competitive advantages that affect a company's revenue and margins.

market capitalization financial

"largest US stocks as of April 30, ranking them by total market capitalization."

Market capitalization is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the number of shares issued. It gives a quick snapshot of a company’s size and how investors value it, influencing perceived risk, index membership, and roughly how much it might cost to buy the whole company — like using a sticker price to compare the relative size and price of different houses.

View in glossary

index funds financial

"used by investment managers and institutional investors for index funds and as benchmarks"

A fund that pools investors’ money to buy the same collection of stocks or bonds that make up a market index — like a ready-made basket representing the whole market or a specific slice of it. It matters because it gives broad exposure with lower fees and simpler management than picking individual securities, reducing the impact of any single holding and making it efficient for long-term investing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FREMONT, Calif., June 29, 2026 /PRNewswire/ -- Velo3D, 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 it has been added as a member of the broad-market Russell 3000® Index and the Russell Microcap® Index, effective when the US market opens on June 29, as part of the first 2026 Russell indexes reconstitution.

The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place until the next semi-annual reconstitution in December 2026, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000â Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

"Being added to the Russell 3000 and Russell Microcap indexes is an important milestone for Velo3D," said Arun Jeldi, CEO of Velo3D. "We have made meaningful strides in transforming the company, advancing our technology leadership, and creating value for shareholders. Inclusion in these widely followed indexes broadens our exposure to the investment community."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of May 2026, about $12.2 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

For more information on the Russell 3000^® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.

About Velo3D:

Velo3D is a metal 3D printing technology company that enables customers to build mission-critical metal parts. The fully integrated solution includes the Flow print preparation software, the Sapphire® family of printers, and the Assure quality control system—all of which are powered by Velo3D's Intelligent Fusion® manufacturing process.

Investor Relations:

Velo3D
Hayden IR
James Carbonara, Managing Director
investors@velo3d.com

Forward-Looking Statements:

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995,  including statements regarding the Company's strategy, momentum, and future plans. Words such as "expect," "intend," "plan," "will," "believe," "continue," and similar expressions identify forward-looking statements. Actual results may differ materially from those expressed or implied, and you should not place undue reliance on these statements, which speak only as of the date made. Important factors that could cause actual results to differ are described under "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and its subsequent Quarterly Reports on Form 10-Q filed with the SEC. The Company undertakes no obligation to update any forward-looking statement except as required by law.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/velo3d-added-to-membership-of-russell-3000-index-and-russell-microcap-index-302811497.html

SOURCE Velo3D, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Velo3D (VELO) announce about the Russell 3000 Index on June 29, 2026?

Velo3D announced it was added to the Russell 3000 Index effective June 29, 2026. According to Velo3D, this inclusion follows the 2026 Russell US indexes reconstitution based on market-cap rankings and will remain until the next semi-annual reconstitution in December 2026.

When does Velo3D’s inclusion in the Russell 3000 and Russell Microcap indexes become effective?

Velo3D’s inclusion in both indexes becomes effective when the US market opens on June 29, 2026. According to Velo3D, this timing aligns with the first 2026 Russell US indexes reconstitution capturing up to 4,000 of the largest US stocks.

How long will Velo3D (VELO) remain in the Russell 3000 Index after June 2026?

Velo3D is expected to remain in the Russell 3000 Index until December 2026. According to Velo3D, membership continues until the next semi-annual reconstitution, after which the company may be reassessed based on updated market-capitalization rankings and style attributes.

What does Russell 3000 Index membership mean for Velo3D shareholders (VELO)?

Russell 3000 membership can increase Velo3D’s visibility among index and institutional investors. According to Velo3D, the Russell US indexes benchmark about $12.2 trillion in assets, so inclusion may expand exposure to funds and strategies tracking these benchmarks.

Is Velo3D (VELO) also included in other Russell indexes besides the Russell 3000?

Yes, Velo3D has also been added to the Russell Microcap Index. According to Velo3D, Russell 3000 membership also means automatic inclusion in either the Russell 1000 or Russell 2000, plus the appropriate growth and value style indexes.

How are companies like Velo3D selected for the Russell 3000 and Russell Microcap indexes?

Companies are selected primarily using objective market-capitalization rankings and style attributes. According to FTSE Russell, the June reconstitution captures up to 4,000 of the largest US stocks as of April 30, then assigns them to indexes like the Russell 3000 and Microcap.