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Velo3D Inc - VLD STOCK NEWS

Welcome to our dedicated news page for Velo3D (Ticker: VLD), a resource for investors and traders seeking the latest updates and insights on Velo3D.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Velo3D's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Velo3D's position in the market.

News
Velo3D, Inc. Announces Executive Leadership Changes
Rhea-AI Summary
Velo3D, Inc. announces executive leadership changes with the appointment of Hull Xu as Chief Financial Officer. Re-alignment initiatives to maximize cash flow and operational efficiency remain on plan. Michelle Sidwell appointed as Chief Commercial Officer. Renette Youssef, Chief Marketing Officer, to leave the company. CEO Brad Kreger praises strategic initiative execution and growth in new orders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
management
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News
Velo3D Announces Closing of $12 Million Public Offering
Rhea-AI Summary
Velo3D, a leading additive manufacturing technology company, closed a $12 million public offering of common stock and warrants, with gross proceeds of approximately $12 million. The offering included 34,285,715 shares of common stock at $0.35 per share, with warrants to purchase up to the same number of shares. The warrants are exercisable at $0.35 per share and expire five years after issuance. A.G.P./Alliance Global Partners acted as the sole placement agent for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.62%
Tags
offering
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News
Nancy Krystal Joins Velo3D as Vice President, General Counsel
Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) appoints Nancy Krystal as Vice President, General Counsel, bringing over 16 years of corporate law experience to oversee legal matters. Nancy's expertise includes regulatory compliance, M&A, corporate governance, and strategic deal-making. Her track record includes leading multi-billion-dollar transactions and compliance programs. The appointment aligns with Velo3D's growth phase, enhancing legal foundation and operational integrity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.84%
Tags
none
News
Velo3D Announces Pricing of $12 Million Public Offering
Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) announces a public offering of common stock and warrants, raising approximately $12 million. The offering includes 34,285,715 shares of common stock and warrants to purchase up to the same number of shares. The securities were sold at $0.35 per share to institutional investors. The warrants are exercisable at the same price and expire in five years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-38.95%
Tags
offering
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News
Velo3D Announces Proposed Public Offering
Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) announces a public offering of common stock and warrants to fund working capital and repay debts. The offering is subject to market conditions and aims to support general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-38.95%
Tags
offering
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News
Velo3D Announces Bookings Totaling $27 Million Since Mid-December – Backlog Now Totals $23 Million
Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) announces acquisition of 2 Sapphire XC systems by Mears Machine for defense and aerospace industries, with total purchase orders reaching $27 million. The company ended Q1 2024 with $17 million in bookings and a backlog of $23 million. Preliminary estimates for Q1 2024 indicate revenue of $6 to $11 million, gross margin ranging from (25)% to 10%, and operating expenses of $13 to $18 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.07%
Tags
none
News
Velo3D Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) reported positive financial results for Q4 and fiscal year 2023, focusing on strategic realignment priorities. The company achieved $15 million in bookings since mid-December 2023, reduced operating expenses by over 15%, and expects further reductions in non-GAAP operating expenses. They added 12 new customers in 2023, including 3 defense customers, and improved free cash flow by 35% year over year. Velo3D aims to achieve cash flow breakeven in the second half of FY 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-31.53%
Tags
earnings
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News
Velo3D to Announce Fourth-Quarter and Fiscal Year 2023 Results on March 26, 2024
Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) will release its Q4 and fiscal year 2023 financial results on March 26, 2024. An earnings conference call will follow to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
earnings
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News
Bechtel Plant Machinery Inc. Selects Velo3D's Metal Additive Manufacturing Solution To Revolutionize the Supply Chain for the U.S. Navy
Rhea-AI Summary
Velo3D (NYSE: VLD) partners with Bechtel Plant Machinery Inc. to provide a metal additive manufacturing solution for the U.S. Naval Nuclear Propulsion Program. The new facility in Florida will use Velo3D's Sapphire XC large format printer to produce parts, reducing lead times and streamlining the supply chain. Velo3D's technology allows for complex geometries without support structures, enhancing part design capabilities. The partnership aims to enhance the Navy's maintenance and operational capabilities by utilizing additive manufacturing for efficient part production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
none
News
Velo3D Unlocks Freedom in Metal 3D Printing With Flow Developer
Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) launches Developer, a new offering in its Flow print preparation software, granting users full transparency and control of parameters in 3D printing. The product enables migration of additive manufacturing projects to Velo3D's integrated solution, optimizing process efficiency and scalability. Early adopters like Ursa Major have achieved significant time savings and quality improvements with Developer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
none
Stock VLD logo
Velo3D Inc

NYSE:VLD

VLD Rankings

#4499 Ranked by Market Cap
#5109 Ranked by Stock Gains
N/A Ranked by Dividends

VLD Stock Data

93.89M
135.79M
10.24%
51.21%
12.4%
Other Industrial Machinery Manufacturing
Manufacturing
Link
United States
Fremont

About VLD

velo3d is a well-funded advanced technology company, with the intent to disrupt the metal additive manufacturing industry. we build the impossible, and we are looking for talented individuals to help us accomplish our goals. as an industry, metal additive manufacturing (am) is experiencing growth rates approaching 90%, and is expected to be worth over $10 billion dollars by 2020. this is not consumer-grade 3d-printing. the metal additive revolution relies on the development of algorithms and software in the fields of computational geometry, machine vision, modeling, control and graphics as well as hw encompassing lasers, optics, metrology and automation.