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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
Velo3D, Inc. has appointed two senior executives, Dr. Jose Greses as Managing Director and Xavier Fruh as Sales Director, to drive growth in Europe amidst rising demand for 3D-printed industrial parts. Dr. Greses, with extensive experience in laser welding and 3D-printing, and Fruh, skilled in the welding industry and business development, will help expand Velo3D's market presence. The company aims to provide innovative solutions in metal 3D printing, enhancing design freedom and part quality.
