Velo3D said it has entered into a partnership with the U.S. Navy to use the company’s metal additive-manufacturing systems to produce critical ship components. The agreement is aimed at strengthening the maritime industrial base by applying advanced 3D-printing techniques to parts traditionally made through slower, more expensive forging and casting methods. The deal comes shortly after Velo3D completed a reverse stock split and uplisted its shares, moves the California-based company said would broaden its investor base. Velo3D already counts SpaceX and Boom Supersonic among its customers, and analysts say the Navy contract could significantly expand its defense portfolio, especially as ship rebuilding represents the largest allocation in the latest U.S. defense spending bill. Investor interest in defense technology has surged this year: the Global X Defense Tech exchange-traded fund is up 62% in 2025, outpacing broader equity benchmarks. Market strategists view advanced manufacturing capabilities such as those offered by Velo3D as key beneficiaries of Washington’s push to modernize naval fleets and secure domestic supply chains.