Velo3D bounces back as Arun Jeldi implements major restructuring

In May 2025, the RAPID + TCT event highlighted significant developments in the 3D printing market. The conference showcased the challenges and advancements within the industry, particularly focusing on companies like Velo3D, a metal 3D printer manufacturer that faced numerous challenges. After struggling with debt and an inefficient structure, Arun Jeldi, an entrepreneur from Indiana, acquired the company. This acquisition marked a turning point for Velo3D, emphasizing a renewed focus on strategy, engineering, and diversification of revenue streams, which now include not only machine sales but also parts manufacturing and technical services. Another key part of the RAPID + TCT conversations centered around the integration of artificial intelligence in additive manufacturing. Greg Hayes, Senior Vice President at EOS, emphasized that it's not solely about increasing capacity but also about addressing customer needs effectively using strategic AI integration. The company also mentioned its collaboration with ASTM International to certify operators, enhancing confidence in system tuning. This reflects a broader trend where companies are prioritizing sustainable growth by focusing on customer relationships and operational efficiency. The panel discussion titled "AM Maturation Phase: Focus on Applications and Profitability" addressed the transition of additive manufacturing from simple prototyping to profitable production. This shift underscores the need for long-term planning over short-term gains. The leaders from diverse industries, including aerospace and medical devices, pointed out that regulatory hurdles, such as FDA qualifications, are still present, and emphasized the importance of repeatability across various processes to facilitate scaling. As the industry reaches the limits of basic applications, there's an urgent call to explore higher-value applications that traditional methods fail to meet. Furthermore, the discussions took a geopolitical angle, examining how recent U.S. policies impact the additive manufacturing landscape. Sponsored by America Makes and SME, the conversation detailed how shifting political climates influence areas like tariffs, reshoring, and defense spending in manufacturing. Moderator Kimberly Gibson pointed out the contrasting styles and approaches between different administrations, depicting a chaotic atmosphere but one where public-private partnerships are still driving innovation. Amidst all these challenges, a new initiative called the Advanced Manufacturing Company of America, backed by significant venture capital, aims to support small manufacturers and stabilize the industrial sector. The overall message from RAPID + TCT is clear: enhancing additive manufacturing standards, embracing technological advancements, and fostering robust partnerships will be crucial as the industry navigates through obstacles and evolves.