MMD Medical

What MMD Medical does

MMD Medical LLC is one of four affiliated operating entities (alongside Teamvantage Molding LLC, Custom Mold & Design LLC, and Paradigme Engineering LLC) that together operate under the unified "Velosity" brand. The company is a vertically integrated contract manufacturer specializing in complex, highly regulated medical device and defense components, delivering custom injection molding, precision machining, and tooling services from prototype through high-volume production. Its core customer base consists of medical device OEMs (spanning Class II and Class III devices, surgical instruments, spinal implants, and diagnostic kits) and aerospace/defense prime contractors, with named logos including a multinational medical device company described as "the world's leading manufacturer of medical devices," one of the world's largest biotech companies, and an aerospace, defense and technology corporation.

The company's technology stack centers on state-of-the-art injection molding, multi-axis precision machining (including up to 9-axis Citizen Swiss screw machines and multi-axis milling centers), in-house tool design and build, insert molding, secondary operations, and finished assembly — all performed under ISO 13485:2016-aligned and AS9100D/ISO 9001:2015-certified quality systems within ITAR-registered facilities. Its proprietary "Velosity Lab" functions as a dedicated precision machining development center using a structured Phase Gate process that compresses sample lead times from an industry-typical 4–6 months to 2–3 weeks. Operations span three Minnesota facilities (headquarters in Forest Lake, plus a Brooklyn Park engineering/R&D site housing the Velosity Lab), employing 550+ people with 200+ years of combined manufacturing experience across the team.

Velosity operates a pure B2B enterprise sales motion with no public pricing disclosure; contracts are quoted per program based on complexity, volume, and specifications. Distribution is exclusively direct — technical sales engagement, facility tours, and custom proposal development with OEM program managers, engineering teams, and procurement organizations. Marketing support comes through a content library (case studies, whitepapers, DFM Knowledge Center), industry conference participation, LinkedIn presence, and newsletter outreach. Revenue is generated through hardware sales tied to manufacturing services across two primary verticals (Medical Devices & Life Sciences; Aerospace & Defense) with Industrial as a secondary segment.

Name

MMD Medical

Legal name

MMD Medical LLC

Website

https://mmdmedical.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

51–100 employees

Short description

MMD Medical LLC operates under the Velosity brand as a vertically integrated contract manufacturer producing injection-molded and precision-machined components for medical device and defense OEMs, operating three Minnesota facilities with 550+ employees under ISO 13485 and AS9100D certifications.

Ownership category

akta.pro rank

Headquarters

HQ city

Brooklyn Park

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Contract Manufacturing Services: Full-service contract manufacturing for medical devices and defense applications, providing engineering support, tooling, molding, precision machining, assembly, and quality-focused manufacturing solutions from product development through high-volume production.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

MMD Medical is a vertically integrated contract manufacturer that produces medical device components and defense parts through injection molding, precision machining, and tool design/build processes. The company delivers end-to-end manufacturing services — from prototype development through high-volume production — including insert molding, secondary operations, and finished assembly for medical device and aerospace/defense OEMs. Operating under the Velosity brand alongside sister companies, it provides engineering support, quality assurance, and program management aligned from launch through scale-up.

Product overview

Velosity is a vertically integrated contract manufacturer offering a unified platform of manufacturing services for medical devices and defense/aerospace applications. The portfolio comprises Injection Molding, Precision Machining, Tool Design & Manufacture, and Contract Manufacturing as core offerings, supported by Design for Manufacturing, Design Support & Engineering, Program Transfer, Quality Assurance, Tool Sampling & Process Development, Technology Transfer, and Mold Maintenance & Repair services. The Velosity Lab serves as a dedicated engineering and optimization facility enabling rapid prototyping and continuous improvement. All services operate under ISO 13485:2016-aligned and AS9100D/ISO 9001:2015-certified quality systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Injection Molding Custom injection molding services for complex medical devices and defense applications, including thermoplastics processing for highly regulated industries, delivered as part of Velosity's vertically integrated contract manufacturing platform for OEMs.
• Precision Machining High-precision machining services supporting complex part manufacturing with multi-axis equipment, including up to 9-axis Citizen Swiss machines and multi-axis milling centers, for medical device and defense OEM customers.
• Tool Design & Manufacture In-house tool design and build services for injection molding, providing vertically integrated tooling capabilities as a standalone offering for medical device and defense manufacturers.
• Contract Manufacturing Full-service end-to-end contract manufacturing for medical device and defense manufacturers, including insert molding, secondary operations, finished assembly, and program management from prototype through high-volume production.
• Design for Manufacturing (DFM) Early-stage DFM collaboration services that drive design improvements and ensure successful production launch, surfacing risks during the design phase rather than during audits or scale-up.
• Design Support & Engineering Engineering support and design assistance services to help OEM customers develop and optimize products for manufacturing, including prototyping and design validation.
• Program Transfer Program transfer services enabling OEMs to transition existing manufacturing programs to Velosity's vertically integrated facilities without supplier transitions during scale-up.
• Quality Assurance Quality-focused manufacturing solutions with comprehensive QA processes supporting medical device (ISO 13485:2016-aligned) and aerospace/defense (AS9100D) regulatory requirements, backed by a dedicated metrology lab.
• Tool Sampling & Process Development Tool sampling and process development services that validate tooling and optimize manufacturing processes before committing to full production runs.
• Technology Transfer Technology transfer services that support the transition of manufacturing processes and production knowledge into Velosity's manufacturing environments.
• Mold Maintenance & Repair Ongoing mold maintenance and repair services to ensure tooling performance and part quality throughout the production lifecycle of OEM programs.
• Velosity Lab The Velosity Engineering, Launch and Optimization Lab — a dedicated precision machining development center using a structured Phase Gate process that reduces sample lead times from 4-6 months to 2-3 weeks, equipped with up to 9-axis Citizen Swiss machines, multi-axis milling centers, and a dedicated metrology lab.

Quantifiable outcome

• Sample lead times reduced from 4-6 months to 2-3 weeks
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Teamvantage Molding LLCcoreOthersSister company within the Velosity corporate family, part of the registered trademark representing the combined entity. Contributes to the vertically integrated contract manufacturing capabilities.
• Custom Mold & Design LLCcoreOthersSister company within the Velosity corporate family, part of the registered trademark representing the combined entity. Supports in-house tool design and manufacturing capabilities.
• Paradigme Engineering LLCcoreOthersSister company within the Velosity corporate family, part of the registered trademark representing the combined entity. Provides engineering and design support capabilities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tecomet: Precision medical device and aerospace contract manufacturer focused on orthopedic implants, surgical instruments, and defense components; closest peer in mix of tight-tolerance machining and regulated end markets.
• Viant Medical: Medical device contract manufacturer providing design, tooling, molding, assembly, and packaging services; comparable full-service B2B model targeting medtech OEMs.
• Integer Holdings: Large medical device contract manufacturer specializing in components and subassemblies for cardio, vascular, orthopedic, and neuromodulation markets; directly comparable in offering portfolio, customer base, and regulatory positioning.
• Cretex Medical: Medical device contract manufacturer with precision machining, metal stamping, plastic injection molding, and assembly capabilities; directly comparable vertically integrated offerings.
• Donatelle: Minnesota-based medical device contract manufacturer with injection molding, precision machining, and assembly capabilities; highly comparable regional peer competing for similar Midwest medtech OEM programs.

Broad incumbents

• Phillips-Medisize (Molex): Global medical device contract manufacturer and drug delivery specialist providing design, molding, and assembly services; broader geographic footprint and deeper pharma exposure.
• Jabil Healthcare: Global electronics manufacturing services provider with a large healthcare and medical device segment; competes in medical contract manufacturing at substantially greater scale.
• Flex Ltd: Global EMS provider with a Health Solutions segment covering medical device manufacturing; competes in regulated contract manufacturing but at significantly larger scale and broader end-market exposure.
• Sanmina Corporation: Global contract manufacturer with a medical division serving diagnostics, surgical, and imaging OEMs; broader portfolio and international footprint, but overlapping customer base and capabilities.

Emerging players

• Nordson Medical: Specialty medical component manufacturer focused on tubing, fluid management, and precision devices; adjacent player with overlapping OEM relationships in regulated medical applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/velositymed
• Xx.com/MMDMedical

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MMD Medical