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Velo3D reported second quarter 2026 revenue of $20.7 million, up 52.3% year-over-year, with gross margin improving to 21.5% from negative 11.7% in the prior year period. The metal additive manufacturing company had cash and cash equivalents of $91.1 million as of 30 June 2026, compared to $39.0 million at year-end 2025. The company raised its full-year 2026 revenue guidance to $65 million to $75 million, from $60 million to $70 million previously. Velo3D announced plans to launch a new Livermore Production Campus expected to triple manufacturing capacity, becoming operational later this year. During the quarter, the company raised approximately $109.4 million in gross proceeds through a registered direct offering and at-the-market programme, reducing total outstanding debt by over 70% to $8.2 million. The company targets positive EBITDA in the second half of 2026.

Metal 3D printing company launches production facility in Livermore. Velo3D campus to provide components for defense, aerospace and energy sectors Fremont-based company Velo3D has primed its first facility in Livermore where it is set to manufacture 3D-printed metal parts for strategic industries. Spanning nearly 289,000 square feet, the new campus dubbed Forge 1 is set to be among the largest metal additive manufacturing facilities in North America, according to company officials. A ribbon-cutting ceremony for Forge 1 was held July 15, but the company is poised to begin operations in phases as its systems are installed. "Forge 1 is much more than a new production facility," Velo3D CEO Arun Jeldi said in a statement announcing the campus opening. "It represents our commitment to helping customers and our nation build a stronger, more resilient manufacturing foundation." Velo3D created Forge 1 in response to growing demand from industries such as aerospace, defense and energy to scale up the production of pertinant metal parts domestically. At the new campus, there is about 270,000 square feet of production space and infrastructure to support over 40 large-format metal additive manufacturing systems, according to Velo3D officials. These systems will print 3D metal components. Velo3D can expand its fleet of systems to over 100 systems, according to company officials. Overall, work at Forge 1 is set to support machine assembly, production-scale printing, post-processing, inspection, quality assurance and customer acceptance, Velo3D officials said. Between the company headquarters in Fremont and Forge 1, located at 711 Challenger St., Velo3D officials expect to operate a total of up to 125 metal additive manufacturing systems. The company's headquarters in Fremont will continue to serve as the locus of research and development, applications engineering, process development, customer collaboration and qualification, according to the statement. Velo3D's investment in Livermore creates high-skilled manufacturing careers, strengthens the local supply chain and generates tax revenue that supports essential community services, Livermore Mayor John Marchand told Livermore Vine. "It also reinforces Livermore's position as a city where innovation gets built and where companies developing the next generation of manufacturing technologies choose to invest," Marchand said in an email interview. "That's a win not only for our residents today, but for Livermore's long-term future." Velo3D is the only original equipment manufacturer in the large-format laser powder bed fusion market founded and based in the U.S. with hardware manufactured and software developed in the country that also creates systems deployed in the U.S. and internationally.

Velo3D expands California campus. A new plant will contain more than 100 metal 3D printers to meet customer needs. * michael mcconnell * 1 hr ago * 1 min to read. Metal additive manufacturing company Velo3D Inc. has added to its California footprint. Officials say the almost 289,000-sq-ft (26,849-sq-m) new building in Livermore, Calif., is one of the largest dedicated to additive manufacturing in North America. The facility, which has almost 10 million cu ft of production space, will help Velo3D meet customer demand in aerospace, defense and energy as the AM industry evolves. The plant should open this year. It will have 36-ft-tall ceilings, allowing Velo3D to install 40-plus large-format systems now and larger ones in the future. It also has capacity for machine manufacturing, in-house post-processing operations and production-scale manufacturing of mission-critical components. Velo3D's headquarters will remain In Freemont, Calif. In a statement, Velo3D CEO Arun Jeldi said his company is seeing strong demand for its services. "This expansion is a reflection of the increasing demand we are seeing from customers who want to move beyond prototyping and qualification into production," Jeldi said. "Our customers are looking for more than technology. They are looking for a trusted partner that can help them qualify applications, scale production, strengthen supply chains, and accelerate innovation. "Fremont will continue serving as our center for engineering, process development, and qualification, while Livermore becomes a cornerstone of our production strategy," he said. "Together, these facilities create a powerful manufacturing ecosystem that helps customers move from concept to production faster while leveraging the technology, expertise and solutions that make Velo3D unique." Senior Editor Amazon affiliate. SME may earn commissions on qualifying purchases.