Velo3D joins OTCQX market in New York on Sept. 11, 2024
- Velo3D, Inc. began trading on the OTCQX Best Market on September 11, 2024, under the symbol 'VLDX.'
- The company specializes in advanced 3D printing technologies for high-value components in industries such as aerospace and automotive.
- Listing on OTCQX reflects Velo3D's adherence to high financial standards and corporate governance, enhancing its visibility to investors.
On September 11, 2024, Velo3D, Inc., a producer of three-dimensional printers, began trading on the OTCQX Best Market under the symbol 'VLDX.' This move was facilitated by OTC Markets Group Inc., which operates regulated markets for trading a wide range of U.S. and international securities. The OTCQX market is designed to streamline the public trading process, allowing companies to lower costs while ensuring transparency for investors. Velo3D specializes in advanced manufacturing technologies, particularly in producing components for high-value applications such as space rockets, jet engines, and fuel delivery systems. The company offers a suite of products, including its Sapphire and Sapphire XC printers, along with proprietary software platforms like Flow and Assure, which enhance the design and quality control processes. The company serves a diverse clientele, ranging from small and medium-sized enterprises to Fortune 500 companies across various sectors, including aerospace, defense, automotive, and energy. This broad customer base highlights Velo3D's significant role in the advanced manufacturing landscape. By qualifying for the OTCQX market, Velo3D demonstrates its commitment to high financial standards and corporate governance. This listing is expected to enhance the company's visibility and accessibility to U.S. investors, ultimately supporting its growth and expansion in the competitive 3D printing industry.