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Velo3D Welcomes Back Dr. Zach Murphree as Vice President, General Manager to Lead Its Product Development and Customer-first Go-to-market Strategy

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Velo3D, Inc. (NYSE: VLD), a leader in metal 3D printing technology, has announced the return of Dr. Zach Murphree as Vice President, General Manager. Dr. Murphree, who previously spent nearly eight years at Velo3D, will oversee the company's go-to-market and product management functions. His return is expected to boost Velo3D's business as they complete realignment initiatives and continue adoption growth in the defense and aerospace industries.

During his previous tenure, Dr. Murphree played a important role in developing Velo3D's additive manufacturing technology, including the original Sapphire printer and the large-format Sapphire XC printer. His expertise was instrumental in understanding and meeting the needs of early customers in the New Space industry. With over 20 years of experience in research, product development, and business development, Dr. Murphree's return is seen as a significant asset to Velo3D's future growth and innovation.

Velo3D, Inc. (NYSE: VLD), leader nella tecnologia di stampa 3D in metallo, ha annunciato il ritorno del Dr. Zach Murphree come Vice Presidente e Direttore Generale. Il Dr. Murphree, che in precedenza ha trascorso quasi otto anni presso Velo3D, superviserà le funzioni di go-to-market e gestione del prodotto. Il suo ritorno si prevede che darà slancio al business di Velo3D mentre completano le iniziative di riallineamento e continuano la crescita dell'adozione nei settori difesa e aerospaziale.

Durante il suo precedente mandato, il Dr. Murphree ha svolto un ruolo importante nello sviluppo della tecnologia di manifattura additiva di Velo3D, inclusa la stampante Sapphire originale e la stampante Sapphire XC in formato grande. La sua esperienza è stata fondamentale per comprendere e soddisfare le esigenze dei primi clienti nel settore New Space. Con oltre 20 anni di esperienza in ricerca, sviluppo prodotto e sviluppo commerciale, il ritorno del Dr. Murphree è visto come un significativo vantaggio per la futura crescita e innovazione di Velo3D.

Velo3D, Inc. (NYSE: VLD), líder en tecnología de impresión 3D en metal, ha anunciado el regreso del Dr. Zach Murphree como Vicepresidente y Gerente General. El Dr. Murphree, quien anteriormente pasó casi ocho años en Velo3D, supervisará las funciones de comercialización y gestión de productos. Se espera que su regreso impulse el negocio de Velo3D a medida que completan las iniciativas de reestructuración y continúan el crecimiento en la adopción en las industrias de defensa y aeroespacial.

Durante su mandato anterior, el Dr. Murphree desempeñó un papel importante en el desarrollo de la tecnología de manufactura aditiva de Velo3D, incluyendo la impresora Sapphire original y la impresora Sapphire XC de gran formato. Su experiencia fue fundamental para entender y satisfacer las necesidades de los primeros clientes en la industria del Nuevo Espacio. Con más de 20 años de experiencia en investigación, desarrollo de productos y desarrollo comercial, el regreso del Dr. Murphree se considera un activo significativo para el futuro crecimiento e innovación de Velo3D.

Velo3D, Inc. (NYSE: VLD), 금속 3D 프린팅 기술의 선두주자가 Dr. Zach Murphree를 부사장 및 총괄 매니저로 다시 영입했다고 발표했습니다. Murphree 박사는 Velo3D에서 거의 8년을 보낸 경력이 있으며, 시장 진입 및 제품 관리 기능을 감독할 예정입니다. 그의 복귀는 Velo3D가 재조정 이니셔티브를 완료하고 국방 및 항공 우주 산업에서의 성장세를 계속할 것으로 기대됩니다.

이전 재임 기간 동안, Murphree 박사는 Velo3D의 적층 제조 기술 개발에 중요한 역할을 했으며, 원래의 Sapphire 프린터와 대형 Sapphire XC 프린터를 포함합니다. 그의 전문성은 New Space 산업의 초기 고객의 요구를 이해하고 충족하는 데 필수적이었습니다. 연구, 제품 개발 및 비즈니스 개발 분야에서 20년 이상의 경험을 가진 Murphree 박사의 복귀는 Velo3D의 미래 성장과 혁신을 위한 중요한 자산으로 여겨집니다.

Velo3D, Inc. (NYSE: VLD), un leader de la technologie d'impression 3D métallique, a annoncé le retour du Dr. Zach Murphree en tant que Vice-Président et Directeur Général. Le Dr. Murphree, qui a précédemment passé presque huit ans chez Velo3D, supervisera les fonctions de mise sur le marché et de gestion de produit. Son retour devrait dynamiser les affaires de Velo3D alors qu'ils terminent les initiatives de réalignement et continuent la croissance de l'adoption dans les secteurs de la défense et aérospatial.

Au cours de son précédent mandat, le Dr. Murphree a joué un rôle important dans le développement de la technologie de fabrication additive de Velo3D, y compris l'imprimante Sapphire originale et l'imprimante Sapphire XC au format large. Son expertise a été essentielle pour comprendre et répondre aux besoins des premiers clients de l'industrie New Space. Avec plus de 20 ans d'expérience en recherche, développement de produit et développement commercial, le retour du Dr. Murphree est considéré comme un atout significatif pour la croissance future et l'innovation de Velo3D.

Velo3D, Inc. (NYSE: VLD), ein führendes Unternehmen in der Metall-3D-Drucktechnologie, hat die Rückkehr von Dr. Zach Murphree als Vizepräsident und Geschäftsführer angekündigt. Dr. Murphree, der zuvor nahezu acht Jahre bei Velo3D tätig war, wird die Markteinführungs- und Produktmanagementfunktionen leiten. Seine Rückkehr wird voraussichtlich das Geschäft von Velo3D ankurbeln, während sie die Neuausrichtungsinitiativen abschließen und das Wachstum in den Bereichen Verteidigung und Luft- und Raumfahrt fortsetzen.

Während seiner vorherigen Amtszeit spielte Dr. Murphree eine wichtige Rolle bei der Entwicklung der additiven Fertigungstechnologie von Velo3D, einschließlich des ursprünglichen Sapphire-Druckers und des großformatigen Sapphire XC-Druckers. Sein Fachwissen war entscheidend, um die Bedürfnisse der ersten Kunden in der New Space-Industrie zu verstehen und zu erfüllen. Mit über 20 Jahren Erfahrung in Forschung, Produktentwicklung und Geschäftsentwicklung wird Dr. Murphrees Rückkehr als bedeutendes Asset für das zukünftige Wachstum und die Innovation von Velo3D angesehen.

Positive
  • Return of experienced executive Dr. Zach Murphree as VP, General Manager
  • Dr. Murphree's expertise expected to boost business and support growth initiatives
  • Focus on expanding presence in defense and aerospace sectors
  • Continued development of industry-leading additive manufacturing technology
Negative
  • None.

Dr. Zach Murphree's return to Velo3D as VP and GM is a neutral development for the company. While his expertise in additive manufacturing and previous contributions to Velo3D's technology are valuable, the impact on the company's financial performance remains to be seen. His focus on product innovation and customer relationships could potentially drive future growth, but it's not an immediate game-changer. The move aligns with Velo3D's strategy to strengthen its position in the defense and aerospace sectors, which could open up new revenue streams. However, investors should note that executive changes often take time to materialize into tangible results. It's worth monitoring how Dr. Murphree's leadership influences Velo3D's product development and market penetration in the coming quarters.

From a technological standpoint, Dr. Murphree's return to Velo3D is mildly positive. His deep understanding of the company's Sapphire and Sapphire XC printers, coupled with his recent experience at Freeform, could lead to innovative advancements in Velo3D's 3D printing technology. The focus on machine-to-machine repeatability and scalable additive manufacturing is important in the industry. However, the real test will be how quickly these potential innovations can be brought to market and their adoption rate among customers. While Dr. Murphree's expertise is valuable, the 3D printing industry is highly competitive and continuous innovation is necessary to maintain a technological edge. Investors should watch for announcements of new product features or improvements in the coming months as indicators of the impact of this leadership change.

Dr. Murphree rejoins the company he helped build to drive Velo3D’s product innovation, support strategic growth efforts, strengthen customer relationships, and lead realignment initiatives

FREMONT, Calif.--(BUSINESS WIRE)-- Velo3D, Inc. (NYSE: VLD), the leader in scalable metal 3D printing technology for production manufacturing, today announced the return of Dr. Zach Murphree as Vice President, General Manager, overseeing the company’s go-to-market and product management functions. Dr. Murphree, who previously spent nearly eight years at Velo3D is rejoining the company after a brief tenure at Freeform, a startup building autonomous metal 3D printing factories.

During his extensive tenure at Velo3D, Dr. Murphree was a key member of the Executive Leadership Team, where he played an instrumental role in the design and rollout of Velo3D’s industry-leading additive manufacturing technology. He worked with Velo3D’s earliest customers to gather feedback about their challenges with legacy additive manufacturing technology and incorporate those insights into Velo3D’s stand-out solution, which provided the industry with the ability to achieve machine-to-machine repeatability for the first time. This work unlocked scalable additive manufacturing, which was critical in helping Velo3D customers expand their parts manufacturing from prototyping to production.

“There are not many people who have the breath of additive manufacturing experience that Zach has, and I believe I speak for everyone at Velo3D that we are delighted to welcome him back to the company,” said Brad Kreger, Velo3D CEO. “Zach is not only a beloved leader but also a highly respected figure in the industry and we’re happy to see him continue to build on the legacy he left at Velo3D. His return will be a significant boost to our business as we complete our realignment initiatives and continue our adoption growth in the defense and aerospace industries.”

Dr. Murphree’s contributions were critical in Velo3D’s development of both its original Sapphire printer and the large-format Sapphire XC printer, which has since become a cornerstone of Velo3D’s product lineup. In addition, Dr. Murphree’s strong background in aerospace was pivotal in Velo3D understanding and meeting the unique needs of its earliest customers in the New Space industry. As Velo3D continues to expand its presence in the defense and general aerospace sectors, Dr. Murphree’s expertise will be invaluable in supporting this next phase of growth.

“Some of my most memorable achievements of my career took place at Velo3D and I am excited to rejoin the incredible team and help lead critical product development and go-to-market initiatives within the company,” said Dr. Murphree. “I believe in the company's mission and its innovative technology, and I am committed to helping drive success during this next phase of growth for the company.”

Dr. Murphree will report to CEO Brad Kreger. He has more than 20 years of experience in various research, product development, engineering, and business development roles at a variety of organizations across aerospace, energy, and manufacturing technology. He holds a Ph.D and Bachelor of Science from The University of Texas at Austin.

About Velo3D:

Velo3D is a 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, 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. Through this vertically integrated approach, the Velo3D ecosystem facilitates scalable metal AM using the same print file across any Sapphire system, ensuring repeatable outcomes without the need for additional optimization. This enhances manufacturing scalability and supply chain flexibility, allowing Velo3D customers to seamlessly adapt to fluctuating demand. 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 has been 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.

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.

Investor Relations: 

Velo3D Bob Okunski, VP Investor Relations 

investors@velo3d.com

Media Contact: 

Velo3D Dan Sorensen, Senior Director of PR 

press@velo3d.com

Source: Velo3D, Inc.

FAQ

What is Dr. Zach Murphree's new role at Velo3D (VLD)?

Dr. Zach Murphree has returned to Velo3D as Vice President, General Manager, overseeing the company's go-to-market and product management functions.

How long did Dr. Murphree previously work at Velo3D (VLD)?

Dr. Murphree previously spent nearly eight years at Velo3D before rejoining the company.

What industries is Velo3D (VLD) focusing on for growth?

Velo3D is focusing on expanding its presence in the defense and general aerospace sectors.

What key products did Dr. Murphree contribute to at Velo3D (VLD)?

Dr. Murphree contributed to the development of the original Sapphire printer and the large-format Sapphire XC printer at Velo3D.

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