About

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, specifically the Sapphire family, along with software and support services tailored for high-tech industries like aerospace and energy. Velo3D's technology allows clients to innovate more efficiently by producing specialized components that meet precise requirements. Unlike competitors, Velo3D focuses on qualifying new materials, such as copper alloys, which broadens the range of applications for their printers. The company's goal is to drive growth in the advanced manufacturing sector by enabling the production of previously unmanufacturable parts through their comprehensive product and service model.

Simplify's Take

What believers are saying

• Velo3D's technology enables clients in aerospace, energy, and industrial sectors to innovate faster and more efficiently.
• Recent orders totaling $27 million and a backlog of $23 million indicate strong customer confidence and a successful go-to-market strategy.
• Strategic partnerships, such as with Bechtel Plant Machinery Inc. for the U.S. Naval Nuclear Propulsion Program, highlight Velo3D's influence in critical defense applications.

What critics are saying

• The company received a notice from the NYSE for non-compliance with listing standards, which could impact investor confidence and stock performance.
• Executive team shakeups, including the appointment of a new CFO, may lead to strategic misalignments and operational disruptions.

What makes Velo3D unique

• Velo3D specializes in metal additive manufacturing for high-tech industries, offering a unique end-to-end solution that includes advanced 3D printers, software, and services.
• Their ability to produce complex metal parts that were previously unmanufacturable sets them apart from traditional manufacturing methods.
• The continuous qualification of new materials, such as copper alloys, expands their market reach and application possibilities.