Nancy Krystal Joins Velo3D as VP, General Counsel

FREMONT, CA, Apr 16, 2024 – Velo3D, Inc., a leading additive manufacturing technology company for mission-critical metal parts, announced the appointment of Nancy Krystal as vice president, General Counsel to oversee all legal matters for the company. With over 16 dynamic years of experience in corporate law, Nancy brings a wealth of experience in navigating complex legal landscapes and spearheading pivotal deals to her new role at Velo3D.

“Nancy’s extensive legal expertise and track record of success with established, mature companies make her an invaluable addition to our leadership team as Velo3D enters its next phase of growth as a company,” said Brad Kreger, Velo3D CEO. “With Nancy on board, I am confident that we will strengthen our legal foundation and ensure that our operations are aligned with the highest standards of integrity and compliance.”

In her role, Nancy will report to the CEO and be responsible for all legal matters at Velo3D, including but not limited to, managing the board of directors processes and procedures, supporting SEC and public company compliance, handling contracts, and overseeing the company’s intellectual property. The appointment follows several major strategic initiatives executed by Velo3D as it matures as an organization and transitions to its next phase of growth.

Nancy Krystal (Photo: Business Wire)

“Velo3D’s innovative technology make it uniquely poised to succeed in the additive manufacturing space and I am thrilled to join the company as it enters this exciting phase of growth,” said Nancy. “I look forward to working closely with Brad, the Velo3D executive team, and the board of directors as we execute against our plan to achieve our strategic objectives. I am confident in our executive team and their vision for the company position us well for what’s to come.”

Prior to joining Velo3D, Nancy served as General Counsel of Jelly Belly Candy Company, where she helped orchestrate the historic sale of the company to Ferrara Candy Co., which was finalized in late 2023. In that role she oversaw and managed all legal functions, using her legal acumen and leadership to ensure corporate compliance, mitigate risks, and improve profitability. She also held integral roles at Big Heart Pet Brands and AXA Advisors, playing key roles in multi-billion-dollar transactions and compliance program development.

Nancy received a Juris Doctor degree from Pepperdine University School of Law and a Bachelor of Arts in Psychology from University of California, San Diego. She serves as a board member of California Grocers Association, California Manufacturers & Technology Association, and Evisort.

About Velo3D

Velo3D is a metal 3D printing technology company. 3D printing, also known as additive manufacturing (AM), has a unique ability to improve the way high-value metal parts are built. However, legacy metal AM has been greatly limited in its capabilities since its invention almost 30 years ago. This has prevented the technology from being used to create the most valuable and impactful parts, restricting its use to specific niches where the limitations were acceptable.

Velo3D has overcome these limitations so engineers can design and print the parts they want. The company’s solution unlocks a wide breadth of design freedom and enables customers in space exploration, aviation, power generation, energy, and semiconductor to innovate the future in their respective industries. Using Velo3D, these customers can now build mission-critical metal parts that were previously impossible to manufacture. The fully integrated solution includes the Flow print preparation software, the Sapphire family of printers, and the Assure quality control system—all of which are powered by Velo3D’s Intelligent Fusion manufacturing process. The company delivered its first Sapphire system in 2018 and has been a strategic partner to innovators such as SpaceX, Aerojet Rocketdyne, Lockheed Martin, Avio, and General Motors. Velo3D has been named as one of Fast Company’s Most Innovative Companies for 2023.

For more information, please visit Velo3D.com.

Deltek Launches AI-Powered Business Companion Dela

HERNDON, VA, Apr 16, 2024 – Deltek, the leading global provider of software and solutions for project-based businesses, has unveiled Dela, its AI-powered, intelligent business companion. Dela is a suite of AI-powered technologies built into Deltek’s portfolio of solutions. Individually, each AI capability has its own role and function, which brings together all of Deltek’s existing and future AI capabilities under one umbrella.

Within certain Deltek solutions today and with future releases coming, customers can begin to leverage Dela in multiple ways to generate smart content, predict project performance, find information more efficiently, and automate simple tasks.

Generating Smart Content

Dela organizes vast amounts of data and distills it into concise, actionable insights with GenAI-powered Smart Summaries that equip decision-makers with crucial information and enable informed choices.

GovWin IQ and Vantagepoint are two of the Deltek solutions already utilizing Dela’s smart content capabilities. GovWin IQ Smart Summaries – unveiled in late 2023 – leverages GenAI to make data collection and synopsis effortless by delivering clear, concise executive briefings for federal Agency Profiles, federal Contract Awards and state, local, and education (SLED) Government Profiles with the click of a button.

Predicting Success

By introducing predictive elements into everyday processes, Dela will help anticipate resource needs, automate processes, streamline project staffing and hiring, and recommend strategies to reduce future risks based on historical project and performance data.

Coming soon in Deltek ERPs, Dela will make labor forecasting smarter – helping project managers and resource managers predict availability based on current assignments, suggest replacements if needed and also provide potential actions.

Intelligent Exploration

Dela engages users through natural language interactions to retrieve and explore information, perform tasks and get product assistance without having to navigate Deltek solutions. Dela is an AI-powered digital companion that comes to work every day with each user.

Costpoint, one of Deltek’s ERP solutions, already features GenAI capabilities. In its latest release, Deltek evolved Hey Deltek to the Dela digital assistant, designed to make government contractors even more productive and efficient. Powered by GenAI, the Dela digital assistant allows end-users to: ask questions about contracts or projects; initiate emails or phone calls regarding overdue tasks; use voice recognition and natural language processing capabilities to provide answers based on the relevant data available in Costpoint; and make more informed and quicker decisions. The Dela digital assistant will be making its way into more Deltek products, starting with Vantagepoint this summer.

“Dela represents our commitment to continuously innovate on how projects get done for the thousands of global project-based businesses that rely on Deltek solutions,” said Warren Linscott, chief product officer at Deltek. “We are in a new era of AI-enabled software, and project-based businesses need a trusted partner that can help them responsibly transform with new technology. We’re excited to add value for our customers through the use of traditional AI and GenAI within our products. Dela’s capabilities will revolutionize the way our customers operate their businesses and execute their projects. We’re excited about what we have already delivered and plan on accelerating AI-driven capabilities into our products in 2024 and beyond.”

About Deltek

Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Their industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue.

For more information, visit www.deltek.com.