New York, June 9, 2026, 16:01 EDT
- Velo3D shares jumped around 21% late Tuesday after the company said it was teaming up with Aurelia Technologies on gas-turbine manufacturing.
- The companies said they plan to use Velo3D’s Sapphire XC platform for a phased qualification and low-rate initial production program.
- Velo3D has an investor presentation set for Wednesday.
Velo3D shares moved higher in late trading Tuesday as the metal 3D-printing group said it reached a strategic deal with Aurelia Technologies aimed at pushing forward additive manufacturing for upcoming gas turbine platforms.
The stock traded at $19.64 in the late session, up $3.41 from the last close, with volume approaching 7.9 million shares. The day’s range was $14.72 to $20.34. That’s a wide swing, even for a small-cap industrial tech name.
The announcement puts Velo3D’s equipment in the spotlight for energy and propulsion markets. The company has mostly focused on aerospace and defense before. Additive manufacturing, or AM, builds parts layer by layer. That’s different from older methods like cutting, casting or forging.
Velo3D and Aurelia are teaming up on feasibility studies, materials, and process development, aiming for qualification and low-rate initial production on Velo3D’s Sapphire XC system. Low-rate initial production refers to a limited run ahead of full-scale manufacturing.
Velo3D and Aurelia are seeing more pressure on old manufacturing methods. “Traditional manufacturing” is being pushed by new advanced energy systems, Velo3D Chief Revenue Officer Michelle Sidwell said. Aurelia’s Karol Hricisak said AM can “simplify designs, reduce failure points, and move faster.” PR Newswire
No order value came out. So the shares are trading on hopes for future deals, not actual revenue yet.
Shares moved ahead of peers. The ARK 3D Printing ETF traded flat in late action, with 3D Systems down nearly 3% and Stratasys off about 4%.
Velo3D is still working through its turnaround. The company’s first-quarter revenue came in at $13.8 million in May, up 48% year over year. Gross margin landed at 17.2%. Velo3D posted a GAAP net loss of $7.0 million.
The balance sheet is still in focus. Velo3D ended March 31 with $16.6 million in cash and cash equivalents, down from $39.0 million at the end of 2025. That was before its April stock offering, which brought in around $50 million in gross proceeds. CFO Jim Suva said the company “reduced our outstanding debt by approximately 70%.” Velo3D, Inc.
But the risks aren’t hard to see. The Aurelia project will roll out in phases, and Velo3D didn’t disclose financial details. Getting key turbine parts qualified could take a while. Velo3D also said its 2026 capital spending—much of it for RPS growth—will need enough funding. The company flagged liquidity issues, debt covenants, capital raising, and the timing of government deals as risks that could alter outcomes.
Velo3D, Inc. is targeting 2026 revenue between $60 million and $70 million, and expects EBITDA to turn positive in the back half of the year. EBITDA, or earnings before interest, taxes, depreciation and amortization, strips out some financing and accounting items to gauge operating performance.
Velo3D management is on the calendar for Wednesday at 12:00 p.m. ET, when they’re slated to present at the RedChip Future Tech virtual conference. The company also plans a second investor event, this time in Las Vegas, at Planet MicroCap on June 17.
