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Velo3D, Inc. - $VLD STOCK NEWS

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.

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.

Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) announces strategic priorities for growth in 2024, focusing on improving printer reliability, customer success, revenue growth, and margins. The company has seen improvements in printer installation time, system uptime, customer issue resolution time, and has secured $12 million in new order bookings. Velo3D aims to become cash flow positive in the second half of 2024 and is committed to its 'land-and-expand' strategy.
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Velo3D, Inc. (NYSE: VLD) will have its Vice President of Investor Relations, Bob Okunski, speak at the 26th Annual Needham Growth Conference on January 18, 2024. The presentation will be available via live webcast and replay on the company's Investor Relations section of their website.
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6.67%
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Rhea-AI Summary
Velo3D, Inc. (NYSE: VLD) has announced that Kratos SRE, Inc., a subsidiary of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), has acquired a Velo3D Sapphire printer to support Kratos’s technology development. The state-of-the-art metal additive manufacturing solution will be used to accelerate the vertical integration of critical supply chains in certain areas of the broader Kratos organization. The Velo3D solution will enable high-speed, low-cost production of metal parts, reducing lead times and lowering costs. The companies will be attending the Military Additive Manufacturing Summit & Technology Showcase in Tampa, Florida on January 16-17, 2024.
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-1.58%
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Velo3D, Inc. (NYSE: VLD) received a notice from the New York Stock Exchange on December 28, 2023, stating that the company is not in compliance with Rule 802.01C of the NYSE’s Listed Company Manual. The notice does not result in immediate delisting, and the company intends to notify the NYSE of its intent to regain compliance within 10 business days. Velo3D can regain compliance at any time within the six-month cure period if the common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. The company fully intends to remain listed on the NYSE and will consider alternatives, including a reverse stock split, to regain compliance.
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Rhea-AI Sentiment
End-of-Day
-1.37%
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Velo3D, Inc. (NYSE: VLD) announced a note amendment to its senior secured notes due 2026, concurrent with a registered direct equity offering. The amendment includes a $25.0 million cash payment to repay approximately $20.8 million of aggregate principal amount of the Secured Notes, along with accrued and unpaid interest. It also removes the requirement to redeem an aggregate of $8,750,000 of principal amount of Secured Notes and the requirement to maintain a minimum of $35.0 million of unrestricted cash and cash equivalents.
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End-of-Day
-33.6%
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Velo3D, Inc. (NYSE: VLD) announced a securities purchase agreement for the sale of 36,000,000 shares of common stock and warrants to purchase up to an aggregate of 36,000,000 shares at an offering price of $0.50 per share. The gross proceeds are expected to be approximately $18 million, with the company intending to use the net proceeds for working capital, capital expenditures, and general corporate purposes.
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-33.6%
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Velo3D, Inc. (NYSE: VLD) announces the stepping down of Benny Buller as CEO, with Brad Kreger appointed as Interim CEO. The company has initiated a search for a permanent CEO and is conducting a strategic business review to explore alternatives to maximize shareholder value.
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-18.12%
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Velo3D, Inc. (NYSE: VLD) achieves U.S. Department of Defense's Green-level STIG Compliance for its Sapphire family of 3D printers, providing enhanced protection against cyberattacks. The rigorous testing process confirmed that all Velo3D printers provide the highest network, data, and software security, as well as vulnerability management, with an average score of 97% on its tests, exceeding the DoD's threshold of 90% needed to achieve Green-level STIG compliance.
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End-of-Day
-2.71%
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Velo3D, Inc. (NYSE: VLD) announced that Atomic Industries has purchased a fully integrated metal additive manufacturing solution, including a Sapphire printer calibrated for M300 tool steel. This strategic investment will support Atomic Industries' aerospace, automotive, and energy industry customers by providing high-quality 3D printed tooling and dies. The new Sapphire printer will operate from Atomic Industries' newly renovated facility in Detroit and will be instrumental in tackling the tooling market by qualifying M300 tooling steel with customers. Velo3D's revolutionary metal 3D printer has introduced printing capabilities that could not be achieved with conventional metal 3D printers, minimizing the need for supports and achieving repeatable, consistent results.
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End-of-Day
-4.84%
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Velo3D, Inc. (NYSE: VLD) Announces Valiant Products, Inc.'s Acquisition of a Sapphire XC Printer to Expand Additive Manufacturing Capabilities for Aerospace Customers
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5.15%
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Velo3D, Inc.

NYSE:VLD

VLD Rankings

VLD Stock Data

68.11M
135.79M
10.24%
51.21%
12.4%
Other Industrial Machinery Manufacturing
Manufacturing
Link
United States of America
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.