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Velo3D (NASDAQ:VELO), a leading additive manufacturing technology company, announced it will ring the Nasdaq Opening Bell on August 27, 2025. The ceremony marks significant company milestones including recent funding, Nasdaq uplisting, and strategic agreements with the U.S. Navy and Army.
CEO Arun Jeldi emphasized the company's commitment to strengthening America's sovereign industrial base through their advanced metal AM technology. The bell ringing ceremony will take place at Nasdaq MarketSite in New York City from 9:15 AM to 9:30 AM ET and will be available via live stream.
Velo3D (NASDAQ:VELO) has announced its participation in a significant U.S. Army-funded initiative focused on advancing high-throughput Aluminum CP1 additive manufacturing for defense applications. The company is collaborating with RTX and Raytheon Technologies Research Center to develop an optimized laser powder bed fusion process supporting the Army's Integrated Air and Missile Defense modernization priorities.
The project leverages Velo3D's large-format AM technology to create a repeatable manufacturing process that can scale across programs and facilities. A key objective is establishing an Installation and Operational Qualification framework to replace traditional point-qualification methods, supporting distributed manufacturing across the Department of Defense ecosystem.
Velo3D (NASDAQ:VELO) has secured a $6 million contract with the U.S. Navy to develop and qualify copper nickel alloy (CuNi) for its Sapphire line of 3D printers. The partnership aims to accelerate ship repairs and enhance the maritime industrial base through advanced manufacturing capabilities.
The agreement includes qualifying CuNi for use in Velo3D's large-format Sapphire XC printer, which can produce parts up to 600mm in diameter and 550mm in height. The company's Rapid Production Solution (RPS) will enable faster production of mission-critical parts compared to traditional casting methods, improving shipbuilding schedules and supply chain resilience.
The qualification process will be conducted at Velo3D's U.S.-based facility in Fremont, California, in collaboration with a domestic metal powder supplier, ensuring supply chain independence for the Navy.
BBQGuys, a leading e-commerce retailer for grilling products, announced a new national ad campaign featuring the Manning family: Archie, Peyton, Cooper, and Eli. The campaign, titled 'Around The Grill,' will air during SEC football games on ESPN and The SEC Network this fall. The ad highlights family interactions during grilling, aiming to boost brand awareness. Additionally, BBQGuys has signed the Mannings as national brand ambassadors, further solidifying their marketing strategy. The company also recently entered a business combination agreement with Velocity Acquisition Corp. (NASDAQ: VELO).
BBQGuys has launched its new Victory line of grills, redefining entry-level options by focusing on quality and affordability. The range includes the Victory Gas Grill, featuring stainless steel construction, extensive warranties, and a powerful infrared burner, priced at $799. The Victory Pellet Grill boasts a reliable auger and significant cooking area, retailing for $699. These innovations come as BBQGuys prepares for a business combination with Velocity Acquisition Corp. (NASDAQ: VELO), positioning itself for further expansion in the grilling market.
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