Velo3D Completes Merger with JAWS Spitfire Acquisition Corporation to Become a Publicly-Traded, Additive Manufacturing Technology Company
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Wednesday, September 29, 2021
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Velo3D, Inc. (the Company or Velo3D), a leading additive manufacturing technology company for mission-critical metal parts, today announced it has completed its merger with JAWS Spitfire Acquisition Corporation (JAWS Spitfire) (NYSE: SPFR), a special purpose acquisition company, to become publicly traded.
Key Points:
- Velo3D, Inc. (the Company or Velo3D), a leading additive manufacturing technology company for mission-critical metal parts, today announced it has completed its merger with JAWS Spitfire Acquisition Corporation (JAWS Spitfire) (NYSE: SPFR), a special purpose acquisition company, to become publicly traded.
- Our vision for the company has always been to enable our customers to build without compromise and the capital raised from this merger will help unlock a new era of innovation through additive manufacturing.
- When you look at the additive manufacturing industry, I believe Velo3D is years ahead of the competition and its proprietary technology and broad set of patents will help the company maintain this lead well into the future, said Barry Sternlicht, Chairman of JAWS Spitfire Acquisition.
- What Velo3D has done for its customersmost of whom are at the forefront of innovation in their industriesis nothing less than transformative.