Velo3D Inc..
VLD.US | Manufacture of other special-purpose machinery
Velo3D, Inc. is a metal additive manufacturing company that provides end-to-end solutions for high-value metal parts. Their integrated solution includes Flow print preparation software, Sapphire metal 3D printers, and Assure quality control software. Velo3D's technology enables the production of com...Show More
Better Health for All
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No evidence was found to assess Velo3D Inc. against the 'Better Health for All' ethical value. The provided articles discuss the broader market for 3D-printed medical implants and healthcare additive manufacturing, but do not contain specific data linking Velo3D's products, services, or operations to health impacts, accessibility, safety records, or any other criteria relevant to this value. Velo3D's company description and product information (Article 6, 7) focus on metal additive manufacturing for industries such as aerospace, aviation, energy, and defense, without explicitly mentioning healthcare as a primary focus or application for its offerings.
Fair Money & Economic Opportunity
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Velo3D Inc. is a metal additive manufacturing company. The provided articles do not contain any information indicating that Velo3D offers lending, insurance, or other financial services to consumers or businesses. Therefore, the KPIs under the 'Fair Money & Economic Opportunity' value, which are designed for financial institutions, are not applicable and cannot be scored based on the evidence provided.
Fair Pay & Worker Respect
-20
Only 29% of employees would recommend working at Velo3D, according to Glassdoor reviews.
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The company states that no employees are covered by collective bargaining agreements.
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There are no substantiated labor-law or human-rights violations reported in the provided articles.
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Fair Trade & Ethical Sourcing
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Velo3D publishes a Conflict Minerals Report for the year ended December 31, 2023, detailing efforts to trace Tin, Tantalum, Tungsten, and Gold (3TG) in its supply chain.
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This due diligence framework conforms to the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
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The company identified 422 direct suppliers within the scope of the inquiry, with 73.7% (311 suppliers) responding.
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171 suppliers indicated 3TG was necessary for their products, potentially sourcing from 349 verified smelters or refiners.
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Velo3D expects suppliers using non-conformant smelters/refiners to demonstrate progress toward a fully conformant supply chain and may reevaluate business relationships with suppliers continually raising red-flag risks.
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The company's Supplier Policy Manual, effective July 16, 2025, outlines expectations for suppliers regarding ethics, child labor, forced labor, anti-corruption, and prohibited materials.
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It states that suppliers will not directly or indirectly employ children or forced labor and must comply with minimum employment age limits.
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Velo3D reserves the right to access supplier plants and records and expects prompt remediation of non-compliance, with violations potentially leading to business relationship suspension or termination.
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The company requires suppliers to provide a Certificate of Prohibited Materials.
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DFARS Clause 252.226-7001, concerning the utilization of diverse suppliers, applies if procurement exceeds $500,000.
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No specific quantitative data on fair-trade certification, audit frequency, forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage percentage, materials risk index percentage, or supplier diversity spend percentage is provided.
Honest & Fair Business
-20
Velo3D has undertaken revisions of its consolidated financial statements for the years ended December 31, 2022, and December 31, 2023, including interim periods.
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Additionally, an amended annual report (10-K/A) was filed in May 2021, indicating a restatement for the 2020 fiscal year.
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The company identified material weaknesses in internal control as of December 31, 2024
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, and its disclosure controls and procedures were deemed ineffective at the end of 2023
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, contributing to a delay in filing its 2023 annual report due to accounting errors and additional material weaknesses in financial reporting.
5
Kind to Animals
0
Velo3D is a metal additive manufacturing company providing software and 3D printers for metal parts.
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Its business model does not involve animal-derived products, animal testing, animal husbandry, or animal agriculture operations.
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Consequently, there are no animal-related inputs, testing activities, or supply chains that would require cruelty-free certifications, alternative testing methods, humane certifications, or specific animal welfare policies.
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The company's R&D and operations do not intersect with animal welfare, making related innovation investments, collaborations, or public policy engagement irrelevant to its core business.
4
No specific, concrete data points for any animal welfare KPIs were found in the provided articles.
5
No War, No Weapons
-40
Velo3D's core additive manufacturing technology is dual-use, serving civilian sectors such as space exploration, aviation, power generation, energy, and semiconductors, as well as military applications. The company secured a $32.6 million contract with the U.S. Department of War's Defense Innovation Unit for a "major weapon system program of record."
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Its customer base explicitly includes the defense market. In 2025, Velo3D lobbied on "Defense" and "Aerospace" issues.
2
The company conducts due diligence on conflict minerals, conforming to OECD guidance, and identified 171 suppliers using 3TG, with certain verified smelters potentially sourcing from conflict-affected areas in 2023.
3
Planet-Friendly Business
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No specific, concrete data points related to Velo3D Inc.'s planet-friendly business practices, such as carbon emissions, renewable energy use, water consumption, waste diversion, or environmental certifications, were found in the provided articles. The articles primarily discuss product security compliance (DOD Green-level STIG)
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and general business descriptions, or refer to other companies' sustainability efforts. Information regarding ESG data on CapEdge.com was noted as a directory of filings, not containing the actual data.
2
Respect for Cultures & Communities
0
No specific, concrete data points were found in the provided articles regarding Velo3D Inc.'s respect for cultures and communities. The articles primarily cover financial results
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, general ESG data sources
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, or promotional content
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, none of which detail formal partnerships, community investments, cultural incident records, impact assessment protocols, local employment, grievance mechanisms, or other relevant community engagement metrics.
Safe & Smart Tech
20
Velo3D's Sapphire family of printers achieved U.S. Department of Defense (DoD) Green-level STIG Compliance on December 5, 2023, which is the highest level offered.
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The printers achieved an average score of 97% on security tests, exceeding the DoD’s 90% threshold.
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The company's cybersecurity practices are based on recognized frameworks from the National Institute of Standards and Technology (NIST) and the International Organization for Standardization (ISO), and it engages third-party auditors based on the NIST SP 800-171 framework.
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Velo3D conducts annual assessments and testing of its cybersecurity practices and maintains incident response and recovery plans with a dedicated security incident response team.
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Its privacy policy states compliance with the California Consumer Privacy Act (CCPA), Nevada Revised Statutes Chapter 603A, European Economic Area (EEA) laws, Swiss laws, United Kingdom laws, and GDPR.
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The policy also outlines user rights to access, correct, delete, restrict processing, object to processing, and withdraw consent for personal information, as well as options to unsubscribe from emails and manage tracking technologies.
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The company applies strong encryption to customer data in transit and at rest.
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Zero Waste & Sustainable Products
60
Velo3D offers OptiPowder 718, a metal powder that is 100% recycled and 100% recyclable, for use in its Sapphire printers.
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This material is derived entirely from secondary raw materials.
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The company's Sapphire metal 3D printer achieves a 90% reduction in support material compared to conventional additive manufacturing methods, which significantly improves material efficiency and represents a transformative waste reduction initiative.
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