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, Inc. (VLD) is a metal 3D printing technology company in the additive manufacturing sector, with a focus on mission-critical metal parts. The VLD news page on Stock Titan aggregates company announcements, earnings releases, technology updates, and capital markets disclosures so readers can follow how Velo3D’s business and metal additive manufacturing platform are evolving over time.
In its public communications, Velo3D frequently reports on financial results, bookings, backlog, and cost realignment efforts, providing insight into demand for its Sapphire printers and integrated Flow and Assure software systems. Earnings releases have discussed topics such as bookings from existing customers, expansion in defense and space-related sectors, operating expense reductions, and strategic review processes. These updates help investors and observers understand how the company is managing operating conditions and pursuing its priorities in additive manufacturing.
Velo3D also issues news about customer deployments and research collaborations. Examples include announcements about organizations such as the National Institute for Aviation Research and Mears Machine Corporation using Sapphire and Sapphire XC printers for aerospace, defense, and advanced materials work. Such articles illustrate how the company’s metal AM technology is applied in space exploration, aviation, energy, and semiconductor-related applications.
Capital markets and corporate governance developments are another recurring theme in Velo3D’s news flow. The company has announced reverse stock splits, NYSE continued listing notices, and later the anticipated commencement of trading on the OTCQX Best Market under the symbol VLDX. By reviewing these updates in one place, readers can track how Velo3D’s trading venue, capital structure, and governance decisions intersect with its technology roadmap and customer adoption.
Investors, analysts, and industry followers can use this news feed to monitor Velo3D’s progress in metal additive manufacturing, its relationships with aerospace and defense customers, and its ongoing financial and strategic initiatives.
Velo3D, a leader in metal additive manufacturing, announced that ADDMAN, a contract manufacturer, has acquired two Sapphire XC printers. These printers will enhance production capabilities at ADDMAN's Castheon facility, particularly in the space, aviation, energy, and defense sectors. The new printers allow for parts that are 500% larger and can decrease production costs by up to 75%. ADDMAN aims to leverage this technology to maintain a competitive edge and meet growing customer demands.
Velo3D continues to innovate in additive manufacturing, recently recognized by Fast Company as one of the most innovative companies in manufacturing for 2023.
Velo3D, Inc. (NYSE: VLD), a company specializing in additive manufacturing for metal parts, has stated that its relationship with Silicon Valley Bank is minimal, with only $4 million of its cash held there. The company has credit facilities with the bank but does not plan significant drawdowns for 2023 growth. Velo3D believes the bank's closure will have little impact on its liquidity and operations, and it is taking steps to mitigate any potential effects. Velo3D has been recognized as one of Fast Company's Most Innovative Companies for 2023.
Velo3D, a leader in metal additive manufacturing, has announced its 2023 roadshow, 'Proof is in the Printing Additive Manufacturing Tour,' visiting eight U.S. cities. This initiative aims to demonstrate the scalability and consistency of metal additive manufacturing across different machines, addressing skepticism in the industry. The events will provide engineers with insights into qualifying parts for production and optimizing manufacturing processes. Tour locations include Phoenix, Denver, Houston, and others, with a goal of fostering collaboration and networking among engineers. Future events in Europe and Asia are also planned.
Velo3D, Inc. (NYSE: VLD) announced its financial results for Q4 and FY 2022, highlighting a strong performance with Q4 revenue of $29.8 million, a 56% increase sequentially, and FY 2022 revenue reaching $80.8 million, up 194% year-over-year. The company shipped a record number of Sapphire XC systems and expanded its customer base by over 50%. Velo3D expects revenue growth of over 50% in FY 2023, supported by a backlog of $43 million. Key initiatives for 2023 include improving gross margins and reducing operating expenses by 20% by year-end. Despite achieving $22.6 million in net income for Q4, the non-GAAP net loss was $16.4 million.
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Velo3D (NYSE: VLD) announced the release of Flow 5.0, enhancing its print preparation software with user-selectable core parameters, pre-print error analysis, and faster build time calculations. The new features give engineers improved control over material properties, enabling tailored designs for specific applications. Flow 5.0 also includes error-checking capabilities to minimize build failures and allows for unique labeling of parts. This release is part of Velo3D’s integrated manufacturing solution, supporting industries such as space, aviation, and energy.
Velo3D, Inc. (NYSE: VLD) announced it will release its fourth quarter 2022 financial results on March 2, 2023, after market close. A conference call will follow at 2:00 p.m. PT to discuss the results.
The U.S. dial-in is (877) 704-2771, with international calls to (201) 689-8732. The live webcast can be accessed via the investor relations section at ir.velo3d.com, which will also host the press release and presentation prior to the call.
Velo3D specializes in metal 3D printing technology, catering to industries like space exploration and aviation, enabling the production of complex, mission-critical metal parts.
Velo3D has announced that Visser Precision has purchased two Sapphire printers to enhance its 3D-printing capabilities for aerospace applications. The printers include the first calibrated for Haynes 214, a nickel-based superalloy known for its oxidation resistance, and another for Inconel 718, favored for its strength and corrosion resistance. This partnership aims to support demand from aerospace clients, particularly for rocket engine components. The printers will allow Visser Precision to leverage Velo3D's advanced additive manufacturing technology, promising improvements in the production of complex parts for mission-critical applications.
Velo3D, Inc. (NYSE: VLD) reported preliminary fourth quarter and fiscal year 2022 results, with revenue expected to be between
Velo3D has appointed Dr. Robin Stamp as Director of Solutions Engineering, focusing on expanding the adoption of its metal additive manufacturing technology across new industries. Dr. Stamp, a former SpaceX engineer, will develop new standards and qualify new metal alloys for Velo3D's Sapphire printers. His extensive experience in additive manufacturing, including work with medical technology at Stryker, is expected to enhance customer collaboration and drive innovation within the company. This strategic hire aims to improve customer capabilities and ensure long-term success.