Name | Value |
---|---|
Revenues | 26.8M |
Cost of Revenue | 23.9M |
Gross Profit | 2.9M |
Operating Expense | 27.0M |
Operating I/L | -24.1M |
Other Income/Expense | -12.1M |
Interest Income | 0.0M |
Pretax | -36.2M |
Income Tax Expense | 12.2M |
Net Income/Loss | -48.4M |
Velo3D, Inc. specializes in producing metal additive 3D printers that cater to the aerospace, defense, energy, and industrial markets. The company's printers, including Sapphire and Sapphire XC, are used to manufacture high-value metal components such as those for space rockets, jet engines, and fuel delivery systems. Velo3D also offers its proprietary software platform, Flow, for part design scanning and Assure, a quality control system. The company generates revenue by selling or leasing its printers and software to a wide range of customers, from small- and medium-sized enterprises to Fortune 500 companies, providing essential support services to ensure the successful implementation of its technology.