Velo3D welcomes Robert Purnell as senior director of operations
He oversees global supply chain and manufacturing divisions, applying extensive aerospace experience and military expertise to drive operational excellence.
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Metal additive manufacturing company
velo3d.comLast updated
In short: Velo3D reported a 52% revenue jump in Q2 2026, raised its annual guidance, and opened a new production campus to triple its capacity.
He oversees global supply chain and manufacturing divisions, applying extensive aerospace experience and military expertise to drive operational excellence.
The Livermore site meets surging demand for metal additive manufacturing capacity.
Revenue grew 52.3% year-over-year to $20.7 million, gross margin 21.5%, cash at $91.1 million, guidance raised to $65-$75 million, and new Livermore campus to triple capacity.
The company will host a conference call and webcast at 2 p.m. PT on August 11 to discuss results.
'Mad Money' host Jim Cramer weighs in on stocks including: Applied Materials, Velo3D, KLA Corp, and General Dynamics.
In Q2 2026, Stratasys' aerospace and defense business grew 17% year-over-year, while Stratasys Direct grew 12.1%, primarily driven by demand for drones and ammunition. The U.S. Air Force increased procurement of the F900 system, and the F900 has been certified to produce airworthy parts, indicating that its aerospace model is shifting from equipment sales to maintenance and spare parts demand. Velo3D (VELO.US) In Q2 2026, Velo3D's revenue reached $20.7 million, up 52% year-over-year, with gross margin recovering to 21.5%. Management expects recurring parts production support...
The company's warrant ticker VLDXW saw the release, with revenue of $20.7M for the quarter.
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