Velo3D, Inc. is a production focused metal additive manufacturing technology company that develops and manufactures advanced metal additive manufacturing systems and provides production and engineering services that enable customers to manufacture high value metal parts at scale. The company concentrates on serving defense aerospace energy and industrial markets where supply chain resilience rapid innovation cycles and complex engineering requirements are critical. Its core offering combines the Sapphire family of metal 3D printers with proprietary software and a suite of services that support the full lifecycle from concept to sustained production. Founded in 2014 Velo3D has built a technology stack that includes Flow print preparation software Assure quality validation software and the Intelligent Fusion manufacturing process. The firm’s strategy is to act as a production enabler helping customers move from early design exploration through qualified manufacturing and into full rate production using a consistent technology platform.

Velo3D generates revenue through two main streams printer sales and production and engineering services. Printer sales consist of the sale of Sapphire family metal additive manufacturing systems which include hardware software licenses installation and initial support. The company offers both outright purchase transactions and recurring payment lease arrangements where customers pay a base fee for a set number of machine hours and an hourly rate for additional usage. Lease agreements typically have a twelve month term although longer terms are available in certain cases. Production services are delivered via the Rapid Production Solutions RPS unit which manufactures parts for customers using Velo3D operated systems and engineering resources. RPS supports development qualification and production ramp activities and can serve as an entry point for additive manufacturing adoption a pathway toward printer ownership supplemental production capacity or an ongoing manufacturing solution. Expert Services provides engineering support for application identification design optimization qualification and production deployment and is frequently bundled with printer sales or RPS engagements. Together these streams allow customers to adopt additive manufacturing through printer ownership service based production or hybrid deployments driven by program requirements capital availability and manufacturing readiness.

Velo3D positions itself as a niche producer in the metal additive manufacturing sector focusing on high value low volume parts that require complex geometries and repeatable production outcomes. The company differentiates itself through its proprietary L PBF technology embodied in the Flow print preparation software and the Intelligent Fusion manufacturing process which together enable consistent geometry material properties and performance across multiple machines and locations. Competitors include established 3D printer manufacturers such as SLM Solutions EOS GmbH and GE Additive as well as traditional metal parts makers that rely on casting forging and machining. Velo3D’s competitive advantages stem from its ability to produce parts without internal supports its deep intellectual property portfolio which includes 57 issued patents and its turnkey solution that combines hardware software and services to reduce customer integration time and risk. The firm also emphasizes a customer success model that validates technology before deeper integration leading to repeat sales and expanded deployment across customer facilities. This approach helps Velo3D build long term relationships with blue chip accounts in space aviation defense automotive energy and semiconductor markets.

The company serves a diverse customer base that spans original equipment manufacturers and contract manufacturers operating in space aviation defense automotive energy semiconductor and other industrial markets. Notable customers include RTX Corporation Honeywell International Inc. Lockheed Martin Corporation Ursa Major Technologies Inc. Vast Space LLC Avio S.p. A. and Lam Research Corporation. Velo3D also works with branches of the U. S. military such as the U. S. Navy the U. S. Army and the U. S. Air Force. Revenue for the year ended December 31 2025 was derived approximately 56 percent from defense related programs 24 percent from aerospace and aviation programs and the remaining 20 percent from energy semiconductor and other industrial and contract manufacturing applications. The firm’s revenue concentration may fluctuate between reporting periods due to the capital equipment nature of printer sales and the program driven timing of production services engagements. Velo3D maintains direct sales teams in the United States and Europe and relies on distribution partners in the Asia Pacific region and Austria to extend its reach into overseas markets. These partnerships allow the company to serve multinational customers that operate facilities across several continents while keeping the primary contractual relationship with Velo3D.