It gives me great pride to share with you that Velo3D is now listed on the New York Stock Exchange as a publicly traded company under the ticker VLD. While the path to this point hasn’t been straightforward, our desire and commitment to get to where we are has never wavered. We’ve gone through ups and downs, overcome challenging situations, and solved many complex problems along the way.
More than anything, today is the culmination of all the hard work put forth by our amazing employees, customers, partners, and investors, and I would like to use this opportunity to extend my sincere thanks to everyone on the team for helping us achieve this milestone.
My vision for the company has always been ambitious, and this will continue into our future as a publicly traded company. At Velo3D, we help solve problems that were previously considered unsolvable. We are solution shapers, impact creators, results-oriented, and goal-minded. We inspire and enable, building real outputs to fuel dynamic change, without compromising on performance, design, or quality.
We arm innovators with the tools they need. Whether it’s empowering design freedom and opening the door for new possibilities or helping our customers improve their supply chain agility through control and efficiency, our mission is to lower the barriers of entry for additive manufacturing while empowering the visionaries of today to build the technologies of tomorrow.
Going public is, of course, a big step for any company—and this true of Velo3D. This next chapter in our story will provide us with resources we need to drive greater success for our customers and investors. It will also allow us to expand and grow into new industries and new territories, such as Europe and Southeast Asia. By going public, we’re fueling our ability to grow and expand in a manner that was previously unachievable as a private company.
But our excitement is not motivated by financial gains alone; the increase in exposure, prestige, and public image, will no doubt help all of that, but more than anything, these will help us enable more customers to transform their future. I am also excited about our ability to scale and add top new talent to our ranks. This past year alone, we’ve added over 70 employees to our team and will further expand our team as we continue to push the boundaries of what we’re able to achieve.
Our position to grow and help our customers is also strengthened by an experienced executive and management team, and we remain committed to helping push the boundaries of what is achievable with additive manufacturing.
Whether it’s redefining existing markets, creating new product categories, or simply trying to overcome the stress of a global pandemic, the manufacturing industry faces many challenges ahead, and Velo3D is positioned to solve those challenges.
Our end-to-end metal additive solution solves manufacturing needs for existing and newly created parts, and our technologies enable innovators to control every step of the manufacturing process while delivering the necessary support to build the most challenging parts possible. But most of all, our solution helps overcome design for additive manufacturing (DfAM) constraints imposed by conventional AM solutions and allows engineers to develop and print the parts they need; parts they simply couldn’t achieve with any other solution.
As I’ve said before, Velo3D represents a paradigm shift that optimizes every aspect of complex, high-value parts manufacturing by giving engineers the freedom to design the part they need, without compromise.
While it is true that going public marks the close of a chapter in our journey, the truth is it is just another beginning, and the future is very bright indeed.