Velo3D Announces CFO Resignation and New Appointment

Velo3D announced CFO Hull Xu's resignation, effective December 31, 2025, with Bernard Chung appointed as Acting CFO. Additionally, Velo3D entered a Sale Leaseback Agreement with Varilease Finance, selling its metal 3D printers for $10 million and leasing them back for 36 months. This move optimizes financial resources while maintaining equipment use. Analysts rate VELO stock as Hold with a $8.50 price target, noting financial challenges but positive outlook due to recent corporate events.

Velo3D Now Listed on Nasdaq (Ticker: VELO) Announces Third Quarter 2025 Financial Results | VELO Stock News

Velo3D, Inc. (Nasdaq: VELO) announced its third quarter 2025 financial results, reporting revenue of $13.6 million and a backlog of $21.1 million. The company reaffirmed its 2025 revenue expectations of $50 to $60 million and aims to achieve positive EBITDA in the first half of 2026. Recent developments include a successful public offering, increased bookings in the aerospace and defense sectors, and strategic partnerships with the U.S. Navy and Army. CEO Arun Jeldi highlighted progress in operational efficiency and growth potential.

Velo3D Inc. to Release Third Quarter 2025 Results

Velo3D Inc. will announce its third quarter 2025 results on November 10, 2025, after market close. The results will be available on the Investor Relations section of their website. A conference call to discuss the results will take place the same day at 2:00 p.m. PT / 5:00 p.m. ET.

Velo3D shares are trading higher after the company announced an expanded partnership with Innovative Rocket Technologies to enhance US-based production of reusable launch vehicle and defense hardware.

Velo3D Wants To Be The AWS Of Space-Race Manufacturing

Velo3D aims to become the AWS of manufacturing, focusing on scalable, on-demand production capacity. With defense contracts from the U.S. Army and RTX Corp, and SpaceX as a customer, Velo3D's digital foundry model allows consistent production across a global network. This credibility in aerospace manufacturing could lead to significant growth, as the company seeks to establish itself as a key player in the commercial space ecosystem. Investors see potential not just in defense but in a broader space platform opportunity.