Velo3D launches Rapid Production Solutions to allow manufacturers to 'scale rapidly without significant capital investment'

Latest Offering Enables Additive Manufacturing at Unpresented Scale and SpeedRapid Production Solutions Expected to Account for Up to 40% of Revenue in 2026FREMONT, Calif., March 19, 2025 /PRNewswire/ -- Velo3D, Inc. (OTC: VLDX) - a leader in additive manufacturing (AM) technology known for transforming aerospace and defense supply chains through world-class metal AM, is proud to unveil its latest offering, Rapid Production Solutions (RPS). Customers can now leverage Velo3D's production cells for surge capacity, enabling rapid scaling without significant capital investment. This solution is designed to meet the growing demand for scalable, high-quality production parts. RPS enables customers to build U.S. based, resilient supply chains for production parts across industries, including aerospace, defense, energy, and others.Making AM More Accessible, Affordable and ScalableThe introduction of RPS is a direct response to the industry's need for flexible, efficient, and repeatable production solutions

Recently Completed Debt Exchange Significantly Strengthens Balance SheetArun Jeldi Appointed Chief Executive OfficerNew Go-To-Market Strategy to Leverage Industry Leading TechnologyCompany Announces Third Quarter 2024 ResultsFREMONT, Calif., Jan. 15, 2025 /PRNewswire/ -- Velo3D, Inc. (OTC: VLDX), the leader in scalable metal 3D printing technology for production manufacturing, today announced that it has formally completed its strategic review process that commenced in December of 2023. As a result of the strategic review, the company has successfully implemented key corporate actions that position the company for sustainable growth starting in 2025, including:The debt for equity exchange resulting in Arrayed Notes Acquisition Corp. (the Holder) ultimately owning 95% of the issued and outstanding common shares of Velo3D. This transaction will enable Velo3D and Arrayed Additive, the parent company of the Holder, to combine resources to further expand industry leadership positions in supplying high value, additive manufacturing solutions to the defense, aerospace, and space segments.The resignation of six board members and the appointment of Arun Jeldi , CEO of Arrayed Additive, as the company's new board member and the company's Chief Executive Officer., CEO of Arrayed Additive, as the company's new board member and the company's Chief Executive Officer