Velo3D Inc. said on 25 August it will work with the U.S. Army Combat Capabilities Development Command Aviation & Missile Center under a Manufacturing & Sustainment–funded initiative to develop a high-throughput additive manufacturing process for Aluminum CP1 parts. The project enlists RTX and the Raytheon Technologies Research Center to refine laser powder-bed fusion techniques that can be replicated across multiple facilities. The partners aim to produce lighter, more complex components for the Army’s Integrated Air and Missile Defense modernization effort while cutting lead times and costs. Velo3D’s platform combines integrated software, in-situ monitoring and standardized parameters to enable identical output from different printers, a capability the Army views as critical for distributed manufacturing and rapid deployment. Investors welcomed the move, with Velo3D shares briefly trading around $3.89, up roughly 1 percent in early session activity.
$VELO Velo3D Participates in U.S. Army AvMC and M&S Program Funded Initiative to Advance High-Throughput Aluminum CP1 Additive Manufacturing for Defense Applications in Collaboration with RTX and Raytheon Technologies Research Center https://t.co/XEVVgFYZ6b
$VELO 3.89 up 1 announced its participation in a U.S. Army Combat Capabilities Development Command Aviation & Missile Center (DEVCOM AvMC) and Manufacturing & Sustainment (M&S) program funded initiative. The effort is focused on advancing
$VELO More big defense news ! https://t.co/8UVJxpxECb