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Digital Engineering April 2026
In the latest issue of Digital Engineering, we take a look at the latest innovations in design for additive manufacturing, including the use of natural language inputs, social media cosplayers, and AI integration. The issue also includes a feature…
January Special Focus Issue: Design for Additive
In this Special Focus Issue of Digital Engineering, learn about the latest advancements in design for additive manufacturing, including new software tools, additive in automotive, custom medical devices, and more.
Velo3D just unveiled an update. Velo3D announced a significant debt-for-equity exchange transaction with Arrayed Notes Acquisition Corp., resulting in the cancellation of approximately $22.4 million in senior secured notes. This transaction significantly reduces Velo3D’s debt, with Arrayed Notes Acquisition Corp. holding 95% of the company’s common stock. Following the exchange, Arun Jeldi, CEO of Arrayed Additive Inc., will become Velo3D’s CEO, leading the company into a new growth chapter. As part of the restructuring, several board members resigned, and the board was reduced to five members, with Brad Kreger assuming the role of chief operating officer.
Velo3D is focused on scalable metal 3D printing technology, targeting solutions for industries such as space exploration, aviation, energy, and semiconductors. The company’s integrated ecosystem includes the Flow print preparation software, the Sapphire family of printers, and the Assure quality control system, enabling customers to manufacture complex, mission-critical metal parts.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
From software to hardware to complete product support, Velo3D is a fully integrated Metal AM manufacturing solution that gives designers and engineers unparalleled freedom to create what was previously considered "impossible".
DE's editors contribute news and new product announcements to Digital Engineering. Press releases may be sent to them via [email protected].
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