- Velo3D, Inc. is a leader in additive manufacturing technology, specializing in metal 3D printing for the aerospace and defense sectors, with a projected revenue of $60 million to $70 million for 2026.
- In the past year, Velo3D secured an $11.5 million full-rate production contract from a key U.S. defense contractor and reduced its outstanding debt by 60% to approximately $10 million through debt-to-equity conversions by its CEO.
- The company has qualified as the first additive manufacturing vendor for the U.S. Army's Ground Vehicle Systems Center and entered a Cooperative Research & Development Agreement to advance AM solutions for defense supply chain challenges.
- Velo3D's ideal buyers are defense contractors and aerospace manufacturers looking for rapid production and reliable supply chain solutions, making it crucial for sales teams to engage with them as the company expands its production capacity and capabilities.
Engineering is the largest group at Velo3D with 97 employees, accounting for just under half of the entire workforce and underscoring the company’s technology-centric focus. Sales and Support follows with 29 employees, reflecting the resources dedicated to customer acquisition and retention. Operations (24 employees) manages production and supply-chain activities, while Finance & Administration (15 employees) oversees fiscal and corporate governance responsibilities. Smaller teams include Business Management (8), Information Technology (7), Marketing & Product (7), Human Resources (4), Quality (2), and Other functions (2). Overall, technical and product-oriented roles outnumber commercial and back-office positions, highlighting Velo3D’s emphasis on research, development, and manufacturing expertise.
Velo3D’s workforce is heavily concentrated in California. Approximately 34 employees work in San Jose and 33 in the broader San Francisco Bay Area, forming the company’s largest on-site clusters. Additional California hubs include Santa Clara and Los Angeles (7 employees each), along with Campbell and Fremont (5 employees each). Smaller teams operate in San Francisco (4), Boston (4), and Charlotte (3). A substantial segment—93 employees—is classified under “Other,” indicating a mix of remote staff and smaller satellite locations. This distribution suggests that while the Bay Area remains the primary operational nucleus, the company maintains a geographically flexible workforce to support customers and partners across multiple regions.