Velo3D announces $50 million registered direct offering
The company priced 3,571,428 shares at $14.00 per share, expected to close April 28, 2026. Net proceeds will fund working capital and general corporate purposes.
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Metal additive manufacturing company
velo3d.comLast updated
In short: Velo3D expanded its additive manufacturing footprint through new turbine partnerships and strong Q1 2026 revenue growth of 48% year-over-year.
The company priced 3,571,428 shares at $14.00 per share, expected to close April 28, 2026. Net proceeds will fund working capital and general corporate purposes.
The contract supports the Defense Logistics Agency's additive manufacturing program for military components.
Suva brings over 20 years of capital markets experience and replaces Bernard Chung, who returns to Controller role.
Revenue of $46 million, backlog of $31 million, expects 2026 revenue $60-70 million, and plans up to 400 production systems.
Velo3D shares soared 21% to $19.64 after announcing a gas-turbine manufacturing partnership with Aurelia Technologies using its Sapphire XC platform, expanding beyond...
Phased program moves Aurelia turbine parts from feasibility to low-rate production on Velo3D’s Sapphire XC, cutting lead times and inventory needs.
Velo3D registers 3,000,000 resale shares by a selling holder; the company will receive no proceeds. Post-offering shares: 26,216,822 (as of March 31, 2026).
Velo3D establishes a new at-the-market stock sales program of up to $100M under its Form S-3 shelf, paying a 3% commission, while terminating a prior...
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