| Market Capitalization (Millions $) |
204 |
| Shares
Outstanding (Millions) |
198 |
| Employees |
200 |
| Revenues (TTM) (Millions $) |
106 |
| Net Income (TTM) (Millions $) |
-54 |
| Cash Flow (TTM) (Millions $) |
193 |
| Capital Exp. (TTM) (Millions $) |
2 |
Velo3d Inc
Velo3D Inc is a California-based company that specializes in metal additive manufacturing solutions for aerospace, oil and gas, and other industrial sectors. The company was founded in 2014 by Benny Buller and is headquartered in Campbell, California. Velo3D specializes in producing highly complex metal parts using their Sapphire 3D printing system, which they claim is the first 3D printer that can produce parts without support structures.
The company's Sapphire 3D printing system uses a unique approach to additive manufacturing that involves the use of lasers and a high-precision gas delivery system to create parts with a high degree of accuracy and precision. The system is capable of producing metal parts up to 1 meter in height and weight up to 300 kilograms. The Sapphire system is also capable of producing parts with extremely low surface roughness and with high-quality finishes.
One of Velo3D's key strengths is their ability to produce complex geometries that were previously impossible to produce using other 3D printing methods. This allows companies to produce parts that are optimized for specific applications, which can lead to improved performance and reduced costs. Velo3D's technology is also well-suited for the production of parts with high-quality finishes, which is useful for applications such as medical implants and aerospace components.
The company has received significant funding from a variety of sources, including venture capital firms and strategic investors. In 2018, Velo3D raised $40 million in a series C funding round, led by Stratasys and included participation from several other firms.
Velo3D has also formed several partnerships with aerospace and industrial companies to develop applications for its technology. These partners include Honeywell Aerospace, SpaceX, and Boom Supersonic, among others. The company's technology has been used to produce parts for a variety of applications, including aerospace components, medical implants, and oil and gas drilling tools.
In summary, Velo3D is a California-based company that specializes in metal additive manufacturing solutions. The company's unique Sapphire 3D printing system allows for the production of highly complex metal parts with a high degree of accuracy and precision. Velo3D's technology is well-suited for the aerospace, oil and gas, and medical industries, and the company has formed partnerships with several companies to develop applications for its technology.
Company Address: 511 Division Street Campbell 95008 CA
Company Phone Number: 610-3915 Stock Exchange / Ticker: NYSE VLD
| VLD is expected to report next financial results on March 19, 2024. |
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