Velo3D Joins Russell Indexes; AM-Europe Launches
Metal AM firm Velo3D has been added to the Russell 3000® and Russell Microcap® Indexes, while CECIMO has formally launched AM-Europe, a new platform to advance additive manufacturing in Europe.
Metal additive manufacturing company Velo3D has been included in the Russell 3000® Index and the Russell Microcap® Index, effective June 29th, 2026, as part of the annual Russell indexes reconstitution. These indexes are widely used by investment professionals to benchmark investment strategies and track the U.S. equity market. The reconstitution process evaluates up to 4,000 of the largest U.S. stocks based on market capitalization as of April 30th, 2026, ensuring accurate representation of market shifts. Velo3D's inclusion signifies its growing presence in the investment landscape.
CECIMO, the European Association of Manufacturing Technologies, has formally launched AM-Europe, a dedicated European platform for additive manufacturing. This initiative evolves from CECIMO's previous additive activities and aims to consolidate the AM sector's voice at the European Union level. AM-Europe represents over 700 companies across Europe and seeks to establish the continent as a global AM powerhouse by fostering an ecosystem for AM development and deployment across various industrial sectors.
The AM-Europe platform will operate under CECIMO's governance and is expanding participation to include research organizations, competence centers, and national associations. Its primary goals include advancing the vision set out in the Manifesto for a Competitive European Additive Manufacturing Sector, promoting closer dialogue with policymakers, and ensuring favorable framework conditions for companies to invest and scale in AM.
In automotive customization, Ferrita Sweden AB utilized Meltio's wire laser metal deposition (wire-LMD) technology to create custom exhaust components for a 2003 Mercedes-Benz SLR McLaren. The company faced engineering constraints, including a tight one-week deadline for the project. Traditional manufacturing methods for such specialized automotive parts are often costly and time-consuming, making additive manufacturing a more viable solution for meeting the demands of aftermarket fabrication shops.
Velo3D's inclusion in major financial indexes highlights the increasing investor confidence and perceived maturity of the metal additive manufacturing sector. The formal launch of AM-Europe signifies a concerted effort by European industry and associations to foster a robust, unified ecosystem, crucial for competing globally and driving innovation across sectors like aerospace and automotive. This strategic push aims to leverage Europe's industrial base for advanced manufacturing solutions.
Edited by the news editor with AI from the original report — please refer to the original source.