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.
Overview
Velo3D, Inc. is an advanced technology company that is redefining the landscape of metal additive manufacturing. By integrating cutting-edge technology with deep expertise in computational geometry, machine vision, modeling, control, and graphics, the company delivers innovative solutions that enable the production of complex metal components. Unlike traditional consumer-grade 3D printing, Velo3D targets the industrial segment with high-precision manufacturing systems designed to solve challenges that conventional methods cannot address.
Technological Innovation and Expertise
The company leverages a sophisticated combination of hardware and software technologies. Its systems are built upon reliable, high-performance lasers, precise optics, and automated processes that work in tandem with advanced algorithms. This integration is pivotal in achieving superior accuracy and consistency in metal part production. The technology not only improves production efficiency but also provides a robust platform that is adaptable for various high-value industrial applications.
Core Business Model and Operational Excellence
Velo3D’s operational framework is founded on the principle of 'building the impossible.' The company offers a comprehensive ecosystem that includes both cutting-edge manufacturing hardware and the specialized software required to control and optimize the production process. Revenue generation is largely derived from the sale of these advanced manufacturing systems along with associated support services. Velo3D has positioned itself in a rapidly growing market where the demand for high-quality metal additive manufacturing solutions is increasing dramatically. The company’s business model is characterized by its deep integration of R&D, state-of-the-art production capabilities, and a commitment to innovation.
Market Position and Industry Dynamics
Within the dynamic field of industrial manufacturing, Velo3D differentiates itself through its unwavering focus on quality and precision. The metal additive manufacturing segment has seen exponential growth due to the increasing need for lightweight, durable, and customized components in industries like aerospace, automotive, and defense. Velo3D is perfectly poised in this niche, as its technology addresses critical requirements of efficiency, accuracy, and scalability. The company’s systems support complex geometries that are intractable with traditional manufacturing methods, thereby offering a definitive solution for intricate industrial applications.
Competitive Landscape and Differentiators
Velo3D competes in an ecosystem that includes several innovative players, yet it distinguishes itself through a unique convergence of software intelligence and hardware precision. The company’s emphasis on advanced control systems and its proprietary approach to algorithm development makes its systems considerably robust. This strategic emphasis on technological integration is pivotal in addressing challenges such as maintaining dimensional accuracy and consistency in additive manufacturing. Moreover, Velo3D’s commitment to continuous improvement and its robust approach to intellectual property have cemented its reputation among industrial customers seeking reliable and innovative manufacturing solutions.
Industry-Specific Applications and Value Proposition
The advanced manufacturing processes developed by Velo3D are designed to cater to a variety of industrial needs. By delivering high-fidelity metal parts, the company adds value in sectors that require components with complex geometries and high structural integrity. Applications range from critical aerospace components to sophisticated automotive parts, where the demand for precision and performance is unmatched. The company provides detailed insights into how its technologies integrate with existing manufacturing processes, ensuring a seamless transition toward next-generation production methodologies.
Expertise, Innovation, and Trust
Velo3D’s strength lies in its unwavering commitment to technological innovation and operational precision. Emphasizing data-driven decision-making, the company has built a reputation that reflects deep expertise in additive manufacturing and a clear understanding of industrial requirements. Its systems are not only technologically advanced but also supported by a team of experts dedicated to refining the manufacturing process. In doing so, Velo3D has established a trustworthy position in the industrial sector, where the demand for reliability and cutting-edge technology is paramount.
Summary
In summary, Velo3D, Inc. operates at the intersection of advanced manufacturing and innovative software solutions. With a focus on developing breakthrough metal additive manufacturing systems, it addresses the pressing needs of industries that demand precision, efficiency, and scalability. By integrating high-end laser and optical technologies with sophisticated control algorithms, the company stands as a critical enabler for next-generation industrial production processes. Its comprehensive suite of solutions and commitment to excellence mark Velo3D as a pivotal entity in the evolving landscape of advanced manufacturing.
Velo3D, Inc. (NYSE: VLD), a leader in additive manufacturing technology, will announce its fourth quarter 2021 financial results on March 2, 2022, after market close. An earnings conference call will be held at 2:00 p.m. PT the same day, with a U.S. dial-in available. Velo3D, known for its innovative metal 3D printing solutions, offers a comprehensive system including the Flow™ software and Sapphire® printers. This enables advancements in various industries including aerospace and energy. For more details, visit velo3d.com.
Velo3D has appointed James Shih as Vice President of Supply Chain Management to strengthen supply chains for its Sapphire Systems. Shih, with 20 years of experience, aims to enhance inventory management and customer satisfaction amidst growing demand in the additive manufacturing sector, currently valued over $2 billion. The company is focused on building sustainable supply chains to meet its expansion goals. CEO Benny Buller emphasized the need for contingency plans to secure materials through reliable suppliers.
Velo3D, Inc. (NYSE: VLD), a leader in additive manufacturing technology for critical metal parts, announced that CEO Benny Buller will present at the 24th Annual Needham Growth Conference on January 13, 2022, at 7:45 a.m. PT. The event will be available via a live webcast on Velo3D's Investor Relations page.
The company specializes in 3D printing for industries like space exploration and aviation, allowing customers to create complex metal parts previously deemed impossible.
Velo3D, Inc. (NYSE: VLD) has qualified the nickel-based superalloy powder Amperprint® 0233 Haynes® 282® for its Sapphire® printers. This advanced powder enhances capabilities for high-temperature applications in sectors like oil and gas, aviation, and space. The collaboration with Höganäs AB aims to provide superior materials, enabling the production of complex parts with high creep strength and thermal stability. The first Sapphire® printer using this powder will be operated by Duncan Machine Products, expanding Velo3D's additive manufacturing solutions.
Velo3D has announced the shipment of its first Sapphire® XC metal 3D printer to a major aerospace customer, enhancing their additive manufacturing capabilities. This new unit boasts a build volume 400% larger than the original Sapphire® printer, enabling significant cost reductions of up to 75% in part production. With a backlog of 17 additional systems booked and increasing demand, the Sapphire® XC is expected to set a new standard in advanced metal additive manufacturing. The company’s innovative technology aligns with evolving industry needs, offering seamless integration with existing systems.
Velo3D, Inc. (NYSE: VLD), a leader in additive manufacturing technology, will have its CEO, Benny Buller, present at the Credit Suisse 25th Annual Technology Conference on December 1, 2021, at 9:55 a.m. PT. The presentation will be available via live webcast on Velo3D's investor relations site.
Velo3D specializes in 3D printing of metal parts, overcoming legacy AM limitations. Its technology enables innovative manufacturing for sectors like aerospace and energy, allowing for the production of mission-critical components previously deemed impossible.
Velo3D has announced its expansion into Europe by opening a new Technical Center in Augsburg, Germany, designed to support its growth and showcase its advanced additive manufacturing technology. The center will feature the Sapphire® printer and will serve as a demonstration site for its first European customer, Schoeller-Bleckmann Oilfield (SBO). The collaboration aims to enhance SBO's capabilities in producing complex metal parts for various industries. This strategic move highlights Velo3D's commitment to innovation and market presence in Europe.
Velo3D, Inc. (NYSE: VLD) reported strong third quarter 2021 results with revenue of $8.7 million, a 22% increase from Q2, driven by higher Sapphire® system sales. Shipments rose 50% year-to-date, totaling 15 systems, while gross margin decreased to 17% due to increased overhead costs. The merger with JAWS Spitfire generated $274 million in net cash, bolstering liquidity for future growth. The company forecasts $89 million in revenue for 2022, supported by a significant backlog and customer demand.
Velo3D, Inc. (NYSE: VLD) announced the upcoming release of its third quarter 2021 financial results, scheduled for November 9, 2021, after market close. An earnings conference call will take place at 2:00 p.m. Pacific Time to discuss the results. Velo3D specializes in advanced additive manufacturing technology, enabling the production of complex metal parts for sectors such as space exploration and aviation. Their innovative solutions, including the Sapphire® printers and Assure™ quality control system, enhance manufacturing capabilities beyond traditional limitations.
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