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Velo3D opens Forge 1 facility and reports better-than-expected Q1 2026 results
The 289,000-square-foot Forge 1 campus in Livermore supports an initial 40 large-format systems, with capacity designed to ramp up as demand rises.
Velo3D saw its stock slide more than 50% over the past month after a short-seller report, but the company highlighted operational progress alongside financial performance, according to MarketBeat Ratings.
The company inaugurated its Forge 1 campus, a 289,000-square-foot facility in Livermore, signaling a shift from prototyping to industrial-scale output for its large-format metal additive manufacturing.
MarketBeat Ratings said the facility is engineered to reach a total footprint capacity of 125 large-format metal additive manufacturing systems, with initial support for 40 systems, as it aims to address demand for localized, resilient supply chains.
The outlet also noted Velo3D posted better-than-expected Q1 2026 results and pointed to order activity tied to distributed manufacturing needs, including Mears Machine Corporation purchasing its fifth Sapphire XC system.