Welcome to our dedicated page for Velo3D news (Ticker: VLD), a resource for investors and traders seeking the latest updates and insights on Velo3D stock.
Velo3D reports developments in metal additive manufacturing technology for production of mission-critical metal parts. Company news centers on Sapphire and Sapphire XC printer deployments, customer use cases in aerospace, defense and space applications, and materials such as Inconel 718 and Aheadd CP1 used in high-performance printed components.
Velo3D updates also cover quarterly results, bookings, backlog, operating-cost realignment, leadership and go-to-market changes, and capital-market actions. Recent corporate-status themes include reverse stock splits, NYSE continued-listing matters and the company’s transition of common stock trading to the OTCQX market under the VLDX symbol.
Velo3D (NYSE: VLD) announced that its CEO Benny Buller and executive team will ring the Closing Bell at the New York Stock Exchange on October 7, 2021. The event celebrates Velo3D's transition from stealth mode to a publicly traded company in just over three years. Buller emphasized the team's dedication and the company's potential in solving complex problems for leading technology firms. Velo3D specializes in advanced additive manufacturing for mission-critical metal parts, enabling innovative designs for sectors such as aerospace, energy, and semiconductor.
Velo3D has completed its merger with JAWS Spitfire Acquisition Corporation, now trading on the NYSE under the symbol VLD, providing $274 million in capital for growth.
The merger positions Velo3D to redefine additive manufacturing for metal parts, leveraging a backlog of over $80 million in pre-orders for its Sapphire XC system. Velo3D’s technology is utilized by industry leaders such as SpaceX and Honeywell, enabling efficient production of mission-critical parts.
Velo3D will celebrate its public debut by ringing the NYSE closing bell on October 7, 2021.
Velo3D has successfully completed its merger with JAWS Spitfire Acquisition Corporation and will commence trading on the New York Stock Exchange under the ticker VLD starting September 30, 2021. This merger provides $274 million in net proceeds aimed at enhancing the adoption of Velo3D's end-to-end manufacturing solutions. The company plans to expand into Europe and launch its new Sapphire® XC printer to cater to various industries, including space and defense.