Velo3D Inc (VLD)

[XFundManager]

I am 100% invested in VLD !

I firmly believe VELO 3D will be north of $250.00+++ by 2025 !

I hold no other stock or recommend anything.

https://www.fool.com/investing/2022/08/09/3-small-cap-stocks-that-could-make-you-rich/

Why VELO 3D will make you rich !

So far, 3D manufacturing has been a disappointment for investors. Many years ago, I made a small investment in 3D Systems (NYSE:DDD), one of the early stocks in this disruptive industry. The investment was a wash-out, and eventually, I bailed.

The idea of 3D printing (also called additive manufacturing, or AM) is very promising. You design a part in your computer, and lasers manufacture the part in aluminum, titanium, or whatever metal you want. You can consolidate manufacturing by creating one complex part, resulting in shorter lead times and lower costs.


While that was the dream, in reality, companies often had to redesign parts in order to facilitate 3D manufacture. Worse, the parts would degrade over time, requiring that supports be added to prevent part failure. So while many companies have been interested in AM, widespread adoption rates have been slow.

A company called Velo3D has made a breakthrough, making this stock a potential dynamo. The company says that its Sapphire machines can reproduce legacy parts without any need for redesign. And there is no performance degradation, so no additional supports are needed.

Velo3D had a major coup when the company landed SpaceX as its first customer. Elon Musk liked the technology so much that he wanted to buy the company. Lucky for us, Velo3D elected to go public instead. The company's currently in high-growth mode, with sales jumping 900% in the most recent quarter. My family made small investments in July.