Velo3D is a high-risk turnaround play, shifting from hardware sales to a recurring, service-driven RPS model targeting mission-critical 3D printing markets. Management guides for 50% sales CAGR through 2027, EBITDA breakeven by mid-2026, and Q4 2025 gross margin above 30%, contingent on RPS scaling. Recent bookings surged 200% YoY, supporting a potential turnaround, but customer concentration and capital constraints present material risks.
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Arun Jeldi CEO | NASDAQ (CM) Exchange | 92259E104 CUSIP |
| US Country | 105 Employees | - Last Dividend | 28 Jul 2025 Last Split | - IPO Date |
Velocity Acquisition Corp. is a company that was founded in 2020 and is headquartered in Ridgefield, Connecticut. It is a special purpose acquisition company (SPAC) that does not engage in regular business operations. Instead, its primary goal is to enter into a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more companies in the digital transformation sector. As a SPAC, Velocity Acquisition Corp. serves as a vehicle for companies looking to go public through an alternative route to the traditional initial public offering (IPO) process.
As a SPAC, Velocity Acquisition Corp. does not offer traditional products or services. Its offerings are focused around facilitating business combinations in the digital transformation industry. Below are the primary activities it engages in: