Velo3D, Inc.
Sector: Special Industry Machinery, NECIndustry: Industrial - MachineryCountry: USExchange: Nasdaq
DilutionScan read 25 of Velo3D, Inc.'s SEC filings and found 6 warrant series, 2 convertibles, 2 ATM programs, 5 shelf registrations, 1 S-1 registration and 3 completed offerings on file for VELO. The latest dilution event on file is ATM sales on Jun 30, 2026. Analysis updated Oct 7, 2026.
Signal8 Summary
VELO
Going-concern warning and tight cash runway
Snapshot
Velo3D is a small-cap manufacturer of metal 3D printers that is currently in a severe financial bind. The company generated $46.0 million in revenue for FY 2025, a 12.1% increase from the prior year, but it lost $71.4 million in net income. The business is burning cash rapidly, with free cash flow of -$30.0 million for the fiscal year. As of the most recent quarter, the company held only $16.6 million in cash against $40.2 million in total debt, resulting in a cash runway of just 5.9 months at current burn rates.
What's Happening Right Now
- : Velo3D announced a strategic partnership with Aurelia Technologies to advance additive manufacturing for next-generation gas turbine systems.
- : Velo3D filed a prospectus supplement establishing an at-the-market equity offering facility with a capacity of up to $100 million, allowing it to sell shares opportunistically at prevailing market prices.
- : Velo3D reported Q1 2026 results and explicitly stated that substantial doubt exists regarding its ability to continue as a going concern, citing insufficient liquidity for the next 12 months without additional financing.
- : The company closed a $50 million registered direct offering of common stock in late April 2026 to raise cash for working capital and general corporate purposes.
- : Velo3D was awarded a $9.8 million, five-year contract with the Defense Logistics Agency to supply additively manufactured components for military sustainment operations.
