Velo3D Inc - New (VLD) is trading -5% lower at $3.21 today.
Velo3D Inc - New has been trading between a 52-week high of $13.18 and a 52-week low of $1.28. The stock has a market cap of $590 Million.
Velo3D is a metal 3D printing technology company. 3D printing—also known as additive manufacturing (AM)—has a unique ability to improve the way high-value metal parts are built. However, legacy metal AM has been greatly limited in its capabilities since its invention almost 30 years ago.
Yesterday they announced a partnership with Hartech+Group, an advanced technology equipment supplier for the U.S. federal government, to distribute Velo3D’s technology to government agencies, including the Department of Defense. The companies will collaborate to deliver full-service project execution for the sale, installation, and onboarding of Velo3D’s advanced metal additive manufacturing solution.
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