Velo3D Introduces New Rapid Production Solutions - Significantly Expands Addressable Market to Meet Growing Demand for High-Quality Production Parts
Rhea-AI Summary
Velo3D (OTC: VLDX) has launched its new Rapid Production Solutions (RPS), expanding its addressable market in additive manufacturing. The solution enables customers to leverage Velo3D's production cells for surge capacity, allowing rapid scaling without major capital investment.
The RPS initiative is designed to meet growing demand for scalable, high-quality production parts across aerospace, defense, and energy sectors. The solution offers three flexible production pathways: vertical integration within customer operations, partnership with contract manufacturers, and access to Velo3D's production cells.
According to CEO Arun Jeldi, RPS aims to accelerate additive manufacturing adoption through flexible, high-quality solutions tailored to customer needs. The company expects RPS to account for up to 40% of revenue by 2026. A success case highlighted by a leading aerospace engine manufacturer demonstrated RPS's efficiency in building 11 large-format proof-of-concept parts across three materials in just four months.
Positive
- Expected to generate up to 40% of revenue by 2026
- Enables rapid scaling without significant capital investment
- Demonstrated success with aerospace manufacturer: 11 parts developed in 4 months
- Expands addressable market through flexible production pathways
Negative
- Trading on OTC markets rather than major exchange
News Market Reaction 1 Alert
On the day this news was published, VLDX declined 1.94%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Latest Offering Enables Additive Manufacturing at Unpresented Scale and Speed
Rapid Production Solutions Expected to Account for Up to
Making AM More Accessible, Affordable and Scalable
The introduction of RPS is a direct response to the industry's need for flexible, efficient, and repeatable production solutions. With RPS, Velo3D is empowering customers—whether OEMs, contract manufacturers, or primes—with a clear, reliable path from concept to production, backed by Velo3D's deep engineering expertise, cutting-edge technology and a fleet of Sapphire XC large-format metal 3D printers.
Arun Jeldi, CEO of Velo3D, shared his perspective:
"At Velo3D, we are committed to enabling our customers to scale with confidence. Rapid Production Solutions are designed to accelerate the adoption of additive manufacturing by providing flexible, high-quality solutions that are rapidly tailored to each customer's unique production needs. This capability seamlessly compliments our success in supplying metal AM hardware systems to today's leading OEM's, accelerating AM adoption. By combining our technology, deep expertise, and robust ecosystem, we're not just meeting industry demand—we're helping shape the future of manufacturing quickly."
RPS: Meeting Customer Demands with Innovation and Flexibility
- Accelerating the Path to Production: Velo3D works hand-in-hand with customers to develop application-specific solutions, enabling rapid innovation in production-ready manufacturing. With a focus on aerospace, defense, energy and other industries – companies can shorten design cycles and reach production qualification faster.
- Ensuring Consistent, High-Quality Parts: Reliability and consistency are critical for customers seeking to scale production. RPS integrates metrology, software, process control tools, and data-driven solutions, ensuring predictable output and rapid qualification across diverse industries.
- Flexible Production Supply Chains: Understanding that each customer has unique needs, RPS offers multiple production pathways:
- Vertically integrate AM production within the customer's own operations.
- Partner with contract manufacturers to expand capacity without significant capital investment.
- Leverage Velo3D's production cells for scalable surge capacity, allowing rapid scaling without significant capital investment.
Success in Action
"Velo3D's RPS achieved more in four months than we were able to accomplish in the previous four years—building 11 large-format proof-of-concept parts across three materials, moving 2 of 11 parts into the production pipeline, and making substantial progress on IN718 material qualification. This was made possible by Velo3D's unique combination of in-house expertise, production cells and patented technological capabilities," said a Supply Chain Executive from a leading aerospace engine manufacturer.
About Velo3D
Velo3D is a leading US based metal 3D printing technology company. 3D printing—also known as additive manufacturing (AM)—has a unique ability to improve the way high-value metal parts are built. However, legacy metal AM has been greatly limited in its capabilities since its invention almost 30 years ago. This has prevented the technology from being used to create the most valuable and impactful parts, restricting its use to specific niches where the limitations were acceptable.
Velo3D has overcome these limitations so engineers can design and print the parts they want. The company's solution unlocks a wide breadth of design freedom and enables customers in space exploration, aviation, power generation, energy, and semiconductor to innovate the future in their respective industries. Using Velo3D, these customers can now build mission-critical metal parts that were previously impossible to manufacture. 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. The company delivered its first Sapphire system in 2018 and has been a strategic partner to innovators such as SpaceX, Aerojet Rocketdyne, Lockheed Martin, Avio, and General Motors. Velo3D was named as one of Fast Company's Most Innovative Companies for 2023. For more information, please visit Velo3D.com, or follow the company on LinkedIn or Twitter.
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. The Company's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect", "estimate", "project", "budget", "forecast", "anticipate", "intend", "plan", "may", "will", "could", "should", "believes", "predicts", "potential", "continue", and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company's expectations regarding its performance, the Company's strategic realignment and initiatives, the Company's expectations regarding its liquidity and capital requirements, the Company's expectations regarding the timing of deferred orders, the Company's expectations regarding its potential cost savings, and the Company's other expectations, beliefs, intentions or strategies for the future. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. You should carefully consider the risks and uncertainties described in the documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Most of these factors are outside the Company's control and are difficult to predict. The Company cautions not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
VELO, VELO3D, SAPPHIRE and INTELLIGENT FUSION, are registered trademarks of Velo3D, Inc.; and WITHOUT COMPROMISE, FLOW, FLOW DEVELOPER, and ASSURE are trademarks of Velo3D, Inc. All Rights Reserved © Velo3D, Inc.
For more information about Rapid Production Solutions, please visit velo3D.com
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SOURCE Velo3D, Inc.