Name | Value |
---|---|
Revenues | 25.1M |
Cost of Revenue | 22.2M |
Gross Profit | 3.0M |
Operating Expense | 28.7M |
Operating I/L | -25.7M |
Other Income/Expense | 2.8M |
Interest Income | 0.0M |
Pretax | -23.2M |
Income Tax Expense | 0.5M |
Net Income/Loss | -23.2M |
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.