Velo3D Introduces New Board Members to Enhance Strategic Growth

Velo3D Welcomes New Members to Its Board of Directors

On April 28, 2025, Velo3D, Inc. (OTC: VLDX), a prominent player in the metal additive manufacturing sector, announced significant changes to its Board of Directors. The company has appointed Retired Navy Rear Admiral Jason Lloyd and Kenneth Thieneman, the CEO of Thieneman Construction, Inc., as new board members effective from April 24, 2025. This strategic decision is anticipated to bolster Velo3D’s capabilities and vision in important market segments, particularly defense and construction.

New Board Members Bring Valuable Expertise

CEO Arun Jeldi expressed enthusiasm about the new appointments, highlighting the unique contributions that both Jason and Ken will bring to Velo3D. Jason Lloyd's extensive background in maritime engineering and his leadership experience within the U.S. Navy are expected to play a crucial role as Velo3D amplifies its efforts in the defense sector. Meanwhile, Kenneth Thieneman's operational expertise as the head of Thieneman Construction will be vital in furthering the company's growth strategy.

Jason Lloyd has recently served as Vice President of Maritime Engineering and Design at TotalTek. His previous work includes key engineering roles at Naval Sea Systems Command and multiple positions at Newport News Shipbuilding, where he was involved in critical projects such as the USS Gerald R. Ford. Lloyd holds a Master’s degree in Mechanical Engineering from the Naval Postgraduate School as well as a Bachelor’s degree in the same field from Florida State University.

In contrast, Kenneth Thieneman founded Thieneman Construction, Inc. in 1999, specializing in environmental services for water and wastewater treatment. His career spans various roles, including a Vice Presidency at Bowen Engineering, showcasing his deep knowledge in industrial operations. Thieneman also co-invented the Algaewheel, an innovative algal wastewater treatment technology, further underscoring his commitment to advancing engineering solutions. He earned a Bachelor of Science in engineering and management from Purdue University, establishing a strong foundation for his leadership in engineering projects.

Transitioning Leadership: Thanks and Acknowledgments

Prior to these changes, Brad Kreger, Velo3D’s Chief Operating Officer, along with board member Michael Idelchik, resigned from their positions on April 22, 2025. Arun Jeldi noted that their efforts over the past year have been instrumental in positioning the company for ongoing success. Their contributions helped lay the groundwork for Velo3D's promising initiatives moving forward.

About Velo3D

Velo3D is at the forefront of the metal additive manufacturing field, delivering advanced 3D printing technologies that cater to mission-critical components. The company’s innovation addresses the limitations of traditional metal AM technologies that have persisted for almost three decades. By empowering engineers to design complex parts freely, Velo3D significantly enhances capabilities across industries including aerospace, defense, and energy.

Their integrated solution encompasses Flow software for print preparation, the Sapphire line of printers, and Assure quality control tools, all driven by the Intelligent Fusion process. This holistic approach has attracted clients such as SpaceX, Lockheed Martin, and General Motors. Moreover, Velo3D was recognized as one of Fast Company’s Most Innovative Companies in 2023, underscoring its status as a leader in bridging the manufacturing gap and enabling the creation of previously unfeasible parts.

As Velo3D continues to expand its footprint, the recent appointments are poised to play a pivotal role in redefining its strategic outlook and operational efficiency in the burgeoning additive manufacturing landscape.

For more information on Velo3D and its innovative solutions, please visit Velo3D's official website.