Velo3D specializes in metal additive manufacturing, also known as 3D printing, providing a complete solution for creating complex metal parts that traditional manufacturing cannot achieve. Their offerings include advanced 3D printers, software, and support services tailored for high-tech industries like aerospace and energy, which require precise and specialized components. Velo3D's technology allows clients to innovate more quickly and efficiently by enabling the production of intricate designs. Unlike competitors, Velo3D focuses on high-end printers from the Sapphire family and continuously expands its capabilities by qualifying new materials, such as copper alloys. The company's goal is to drive growth in the advanced manufacturing sector by offering both product sales and ongoing service contracts.

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Velo3D

With More Than 20 Years of Experience Focused on Transformative Technologies, Sidwell Returns to Velo3D to Guide the Company's New Go-To-Market Sales Strategy to Drive Further Adoption of its Metal 3D Printing TechnologyFREMONT, Calif., Jan. 13, 2025 /PRNewswire/ -- Velo3D, Inc. (OTCQX: VLDX), a leading metal additive manufacturing technology company for mission-critical parts, today announced Michelle Sidwell has rejoined the company as Chief Revenue Officer to support the company's growth objectives and lead its sales and business development teams. With more than 20 years of experience in technology sales and leadership positions supporting businesses bringing transformative technologies to market, Sidwell is well positioned to help Velo3D achieve its new corporate vision."We're thrilled to have Michelle rejoin the company and are confident that her wealth of knowledge and previous Velo3D experience will be critical to the successful execution of our new go-to-market strategy as we look to expand our leadership position in additive manufacturing," said Arun Jeldi, CEO. "She brings extensive experience launching new products into market, streamlining sales processes, growing revenue, and working with customers to find solutions by leveraging Velo3D's industry leading technology to address their most critical, high value metal part manufacturing needs."Prior to rejoining Velo3D, Sidwell was the SVP of Global Enterprise Business at Salesloft, focusing on revenue growth and sales excellence. Salesloft provides sales teams with an AI-powered revenue workflow platform that can improve the sales process for users

Michelle Sidwell Rejoins Velo3D As Chief Revenue Officer

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

Velo3D Completes Strategic Review - Successful Restructuring Positions Company For Future Success

Sidwell initially joined Velo3D in 2023 as Executive Vice President of Global Sales and Business Development and was later appointed as Chief Revenue Officer amid a leadership shuffle last April.

Michelle Sidwell returns to Velo3D as Chief Revenue Officer

RTX Technology Research Center (RTRC), the innovation hub for Raytheon Technologies, is collaborating with Velo3D on the project "In-Situ Dimensional Verification of Increased Complexity AM Parts."

New AM Projects Get $2.1M Push from America Makes

Velo3D announced a major financial restructuring, converting $22 million of debt into equity, making Arrayed Notes Acquisition Corp the majority shareholder with 95% ownership. Arrayed Notes will exchange 81.7% of Velo3D’s senior secured notes and $369k in interest for 185 million new shares. Arun Jeldi will become CEO, and the Board will reduce from 10 to 5 members. Velo3D's stock will continue trading publicly on OTCQX.

Velo3D Restructures, $22.4M Debt Converted

Velo3D has come under new ownership after Arrayed Additive, Inc. exchanged approximately 22.4 million USD (81.7%) of its outstanding senior secured notes & 369,000 USD of accrued interest for 185,151,333 newly issued shares of the company's stock.

Arrayed Additive takes over 95% of Velo3D shares in debt/equity exchange

Velo3D announced a debt-for-equity exchange, canceling $22 million of its senior secured notes in exchange for 185 million shares to Arrayed Notes Acquisition Corp., which will now hold 95% of Velo3D's stock. Arun Jeldi will become CEO of Velo3D. The transaction significantly reduces Velo3D's debt, allowing it to focus on operations. The board will reduce from 10 to 5 members. Velo3D remains public, with shares traded on OTCQX.

Velo3D Cancels $22.4M Debt in Equity Swap

Arun Jeldi, CEO of Arrayed Additive, Inc., parent company of the Holder, will be appointed as CEO of Velo3D and as a member of Velo3D's Board of Directors.

Velo3D Announces Debt for Equity Exchange Transaction Significantly Delevers Balance Sheet Arrayed Notes Acquisition Corp to Become Majority Equity Holder of Velo3D

ADDiTEC appoints former Velo3D exec Bernard Chung as new CFO.

ADDiTEC Appoints Former Velo3D Exec Bernard Chung as New CFO

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

Velo3D welcomes back Zach Murphree as VP, General Manager

Metal additive manufacturing solutions provider

Velo3D

Metal additive manufacturing solutions provider

Velo3D

Metal additive manufacturing solutions provider

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