Insights

SMR Collaboration Potential sales opportunity exists in partnering with Velan for Reactor Integral Isolation Valves and Containment Isolation Valves as part of GE Vernova Nuclear energy initiatives, particularly for BWRX-300 small modular reactor projects in Europe.

Ontario Manufacturing The planned $70M investment in a new manufacturing facility in Ontario signals growing demand for Velan valves and related components in North America, presenting cross-border sales opportunities for advanced valve solutions and local support.

Backlog Liquidity A backlog of $275.1M with a new $80M revolving credit facility indicates strong order momentum and financial flexibility, suggesting you can engage Velan on premium containment and high-performance valves to fulfill near-term shipments.

Strategic Hiring Recent executive appointment of a Chief Legal, Human Resources and Administrative Officer and ongoing leadership strength point to a focus on governance and global operations, opening doors for consultative partnerships around compliance-ready valve solutions and aftermarket services.

Diversified Markets Velan serves multiple heavy-industry sectors (power, chemical, oil & gas, mining, cryogenic, shipbuilding), providing cross-selling opportunities for specialized valve families, maintenance programs, and performance upgrades across established accounts.

Similar companies to Velan Inc.

Velan Inc. Tech Stack

Velan Inc. uses 8 technology products and services including MATLAB, Power BI, AutoCAD, and more. Explore Velan Inc.'s tech stack below.

Media & News

Velan Inc.'s Email Address Formats

Velan Inc. uses at least 3 email formats:
Velan Inc. Email FormatsExamplePercentage
First.Last@velan.comJohn.Doe@velan.com
93%
FLast@velan.comJDoe@velan.com
6%
First.L@velan.comJohn.D@velan.com
1%

Frequently Asked Questions

What is Velan Inc.'s phone number?

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You can contact Velan Inc.'s main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Velan Inc.'s official website and social media links?

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Velan Inc.'s official website is velan.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Velan Inc. generate?

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As of August 2026, Velan Inc.'s annual revenue is estimated to be $250M - $500M.

What is Velan Inc.'s SIC code and NAICS code?

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Velan Inc.'s SIC code is 8711 - Engineering Services and NAICS code is 3332 - Industrial Machinery Manufacturing.

How many employees does Velan Inc. have currently?

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As of August 2026, Velan Inc. has approximately 976 employees across 3 continents, including North America, Europe and Asia. Key team members include Ceo: P. R., Cfo: J. B. and Chief Financial Officer: I. G. Explore Velan Inc.'s employee directory with LeadIQ.

What industry does Velan Inc. belong to?

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Velan Inc. operates in the Industrial Machinery Manufacturing industry.

What technology does Velan Inc. use?

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Velan Inc.'s tech stack includes MATLAB, Power BI, AutoCAD, Microsoft SharePoint, SAP, Pardot, SAP Ariba and Piwik PRO Core.

What is Velan Inc.'s email format?

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Velan Inc.'s email format typically follows the pattern of First.Last@velan.com. Find more Velan Inc. email formats with LeadIQ.

How much funding has Velan Inc. raised to date?

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As of August 2026, Velan Inc. has raised $500K in funding. The last funding round occurred on Aug 16, 2016 for $500K.

When was Velan Inc. founded?

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Velan Inc. was founded in 1950.
Velan Inc. logo

Velan Inc.

Industrial Machinery ManufacturingQuebec, Canada501-1000 Employees

Velan Inc. is a valve manufacturer based in Saint-Laurent, Quebec, founded in 1950 by A.K. Velan. It produces a broad range of industrial steel valves, including gate, globe, check, quarter-turn, and specialty valves, along with steam traps. Valves are offered in sizes from 1/2 inch to 60 inches, with pressure ratings up to 10,000 psi and temperatures up to 1,500 °F, supporting applications in power generation, chemical and petrochemical, and oil and gas. Velan serves customers in power generation, chemical and petrochemical, oil and gas, pulp and paper, mining, cryogenic, and ship-building industries, focusing on durable components that require long service life and low maintenance. In 2026, Velan expanded its facilities into Ontario and announced plans for a new manufacturing site in Durham Region to support rising demand for SMR technologies.

Section iconCompany Overview

Phone number
Website
velan.com
SIC Code
8711 - Engineering Services
NAICS Code
3332 - Industrial Machinery Manufacturing
Founded
1950
Employees
501-1000

Section iconFunding & Financials

  • $500K

    Velan Inc. has raised a total of $500K of funding over 1 rounds. Their latest funding round was raised on Aug 16, 2016 in the amount of $500K as a Post IPO Equity.

  • $250M - $500M

    Velan Inc.'s revenue is estimated to be in the range of $250M - $500M

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