Velo3D, Inc. reported second quarter 2026 financial results with revenue of $20.7 million, a 52.3% increase year-over-year, and gross margin improved to 21.5%. The company raised its full-year 2026 revenue guidance to $65 million–$75 million from the previous range of $60 million–$70 million. As of June 30, 2026, Velo3D held $91.1 million in cash and cash equivalents after raising approximately $109.4 million through equity offerings earlier in the year, which reduced total debt by over 70% to $8.2 million. Management announced the launch of a new Livermore Production Campus expected to triple manufacturing capacity later this year. Additionally, Velo3D appointed Lily Mei as an independent director and expanded partnerships with Mears Machine Corporation and Aurelia Technologies. The company operates in the additive manufacturing industry, providing metal 3D printing technology and solutions for aerospace, defense, energy, and space sectors.

On June 29, 2026, Velo3D granted CEO Arun Jeldi a performance-based stock option award for 964,474 shares with an exercise price of $18.40. Vesting is tied to market capitalization milestones: 10% at $1B, 20% at $3B, 30% at $5B, and 40% at $10B, provided he remains in service. Additionally, the company entered into Change in Control Agreements with CEO Arun Jeldi, CFO James Suva, and CRO Michelle Sidwell. These agreements provide severance including a lump sum of annual base salary and target bonus, accelerated vesting of time-based equity, and 12 months of medical premiums if terminated without cause or resigning for good reason around a change in control. Velo3D operates in the additive manufacturing industry, providing 3D printing solutions for metal production.

At its June 10, 2026, Annual Meeting of Stockholders, Velo3D, Inc. approved an amendment to its 2021 Equity Incentive Plan. The amendment increases the number of common stock shares authorized for issuance under the plan by 2,860,000 and raises the aggregate shares issuable as incentive stock options from 244,377 to 10,000,000. Additionally, the plan now requires stockholder approval for any repricing of options or stock appreciation rights. Stockholders also elected Stefan Krause and Lily Mei as Class II directors and ratified Frank, Rimerman + Co. LLP as the independent auditor for the 2026 fiscal year. Velo3D, Inc. provides metal 3D printing solutions for advanced manufacturing.