Slide 1: Second Quarter 2025 Supplementary Slides
New Second Quarter 2025 Supplementary Slides August 6, 2025 1
Slide 2: Disclaimer: Forward Looking Statement
Disclaimer Forward Looking Statement This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1996. The company’s actual results may differ from its expectations, estimates and projections and conseq
Slide 3: Successful Launch of Rapid Production Services (RPS)
Successful Launch of Rapid Production Services (RPS) Officially launched RPS in March 2025, marking a major milestone in our transition to a recurring revenue model. Rapid Production Solutions Overview • Expands addressable market – growing demand for high-quality parts • Accelerates path to product
Slide 4: Demand Mix Shift to RPS is Underway
Demand Mix Shift to RPS is Underway Early traction from new go-to-market strategy, with both new and existing customers, particularly in the defense and Space industries where domestic supply chain resiliency is a priority Accelerating Demand from Space Attracting New Customers and Defense Sectors 7
Slide 5: Velo3D & NAVAIR: Advancing Additive Manufacturing for Defense
Velo3D & NAVAIR: Advancing Additive Manufacturing for Defense Agreement with two Naval Air Systems Command federal laboratories to advance additive manufacturing capabilities • Cooperative R&D Agreement (CRADA) • Partnership with Naval Air Warfare Center Aircraft Division (NAWCAD) and Fleet Readines
Slide 6: Velo3D & Vaya Space: $4 Million Strategic Partnership for Space Propulsion
Velo3D & Vaya Space: $4 Million Strategic Partnership for Space Propulsion Showcases how RPS can scale complex aerospace manufacturing quickly and efficiently • Two-year Master Service Agreement (MSA) • Rapid production of advanced rocket engine components • Technical Highlights • Rapid Production S
Slide 7: Advancing Strategic Partnership with Amaero
Advancing Strategic Partnership with Amaero Material Qualification Milestone Achieved Confirming Conformance for Critical Applications • Material Qualification Milestone Reached • Auburn University’s NCAME validated Amaero’s powders for additive manufacturing • C103 Niobium: Met ASTM F3635 Class B a
Slide 8: Financial Overview
New Financial Overview Confidential & Proprietary | 8
Slide 9: Financial Summary
Financial Summary ($ in millions) Q2’25 Q2’24 2024 2023 Total Revenue $13.6 $10.3 $41.0 $77.4 3D Printer Sales 12.1 8.7 25.4 68.9 Support Service / License / Recurring Revenue 1.5 1.6 15.6 8.5 Cost of Goods sold 15.2 13.2 43.1 103.7 Gross Profit (1.6) (2.9) (2.1) (26.3) % Gross Margin (11.7%) (28.0%
Slide 10: FY 2025 Guidance
2023 Outlook 2025 FY 2025 Guidance as of August 6, 2025 Revenue: $50M - $60M - >30% annual growth Gross margin: >30% exiting 2025 Non-GAAP Opex: $40M - $50M* Capex: $15M - $20M Expect to achieve EBITDA profitability 1H 2026* * The Company has not provided a reconciliation of non-GAAP operating expen
Slide 11: Thank You!
Thank You!
Slide 12: Disclaimer: Non-GAAP Financial Information
Disclaimer Non-GAAP Financial Information The Company uses non-GAAP financial measures, such as Non-GAAP / Adjusted operating expenses, EBITDA, Adjusted EBITDA, Adjusted EBITDA excluding merger related transactional costs, loss on convertible note modification, and Non-GAAP net (loss), to help it ma
Slide 13: Non-GAAP Reconciliation - Non-GAAP Operating Expenses
Non-GAAP Reconciliation - Non-GAAP Operating Expenses (Unaudited) 13 13
Slide 14: Non-GAAP Reconciliation - Adjusted EBITDA
Non-GAAP Reconciliation - Adjusted EBITDA (Unaudited) 14
Slide 15: Non-GAAP Reconciliation - Non-GAAP Net Loss
Non-GAAP Reconciliation - Non-GAAP Net Loss (Unaudited) 15