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VELO3D to Go Public

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CAMPBELL, Calif., March 25, 2021 — Additive manufacturing company VELO3D has entered into a definitive business combination agreement with Jaws Spitfire Acquisition Corp., valuing the combined company at $1.6 billion. The transaction is expected to be completed in the second half of 2021. The combined company will operate as VELO3D and will be listed on the New York Stock Exchange under the ticker symbol VLD.

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About Velo3D

Published: March 2021
Glossary
additive manufacturing
Additive manufacturing (AM), also known as 3D printing, is a manufacturing process that involves creating three-dimensional objects by adding material layer by layer. This is in contrast to traditional manufacturing methods, which often involve subtracting or forming materials to achieve the desired shape. In additive manufacturing, a digital model of the object is created using computer-aided design (CAD) software, and this digital model is then sliced into thin cross-sectional layers. The...
3d printing
3D printing, also known as additive manufacturing (AM), is a manufacturing process that builds three-dimensional objects layer by layer from a digital model. This technology allows the creation of complex and customized structures that would be challenging or impossible with traditional manufacturing methods. The process typically involves the following key steps: Digital design: A three-dimensional digital model of the object is created using computer-aided design (CAD) software. This...
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