Velo3D Announces Bookings Totaling $27 Million Since Mid-December – Backlog Now Totals $23 Million
Velo3D, Inc. (VLD)
Company Research
Source: Business Wire
Leading Global Contract Manufacturer Mears Machine Acquires 2 Sapphire XC Systems – Systems to be Dedicated to Defense and Aerospace IndustriesAdditional Orders from Leaders in the Defense and Space IndustriesCompany Provides Preliminary First Quarter 2024 Revenue, Gross Margin, and Operating Expense Estimates FREMONT, Calif.--(BUSINESS WIRE)--Velo3D, Inc. (NYSE: VLD), a leading additive manufacturing technology company for mission-critical metal parts, today announced it has received purchase orders totaling $27 million since mid-December 2023. These orders include the purchase of 2 Sapphire XC systems by Mears Machine, a leading global contract manufacturer, where the systems will be dedicated to supplying parts for their defense and aerospace initiatives. The company ended the first quarter of 2024 with bookings of $17 million and the company’s backlog at the end of the first quarter was $23 million, with system deliveries expected to start in the second quarter of 2024.“These n
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VLD
News
- Velo3D, Inc. Announces Executive Leadership Changes [Yahoo! Finance]Yahoo! Finance
- Velo3D, Inc. Announces Executive Leadership ChangesBusiness Wire
- Velo3D Announces Closing of $12 Million Public Offering [Yahoo! Finance]Yahoo! Finance
- Velo3D Announces Closing of $12 Million Public OfferingBusiness Wire
- Nancy Krystal Joins Velo3D as Vice President, General Counsel [Yahoo! Finance]Yahoo! Finance
VLD
Earnings
- 11/6/23 - Miss
VLD
Sec Filings
- 4/30/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEFR14A
- VLD's page on the SEC website