Velo3D Transitions to Public CompanyOctober 1, 2021
Under the ticker symbol VLD, Velo3D has been listed on the New York Stock Exchange as a publicly traded company. This follows an announcement earlier this year on an agreement by Velo3D to merge with Jaws Spitfire Acquisition Corp., with the intention to go public.
“Going public is, of course, a big step for any company—and this true of Velo3D,” says Benny Buller, founder and chief executive officer of Velo3D, a provider of metal-additive manufacturing machines and related process-control software. “This next chapter in our story will provide us with resources we need to drive greater success for our customers and investors. It will also allow us to expand and grow into new industries and new territories, such as Europe and Southeast Asia. By going public, we’re fueling our ability to grow and expand in a manner that was previously unachievable as a private company.”
Velo3D has added more than 70 employees in the past year, according to Buller, and he expects that number to grow.
See also: Velo3D
Technologies: Powder-Bed Systems