Velo3D (VLD) Planet MicroCap Las Vegas 2026 summary

Company overview and technology

• Founded in 2014, based in Fremont, CA, with 160 employees, specializing in large metal additive manufacturing machines and proprietary software for design and quality control.

• Hardware lineup includes Sapphire, Sapphire XC, and Sapphire 1MZ, offering the largest Z height metal additive machines made in the US.

• Holds around 120 patents, serving defense, space, semiconductor, and energy sectors.

Customer base and market focus

• Major clients include SpaceX, Raytheon, Sikorsky, Lockheed Martin, and the US Department of Defense, with $60 million in recent contracts.

• Expanding into space with clients like Relativity Space, Impulse Space, Avio, and the Italian Space Agency.

• Actively diversifying portfolio and establishing contract manufacturing hubs near customers for post-processing and support.

Industry challenges and strategic response

• Traditional manufacturing faces long lead times and siloed data; additive manufacturing enables rapid, on-demand capacity expansion.

• US additive manufacturing capacity lags global adversaries, posing national security concerns.

• Velo3D addresses capacity constraints by hosting machines for clients and developing deployable, secure technology.