Velo3D Receives $11.5M Defense Production Agreement for National Security Program

US-based metal 3D printer manufacturer Velo3D has secured an $11.5 million, multi-year full-rate production agreement with an undisclosed U.S. defense contractor. The contract supports a “sensitive” nationally security program. According to the company, the agreement will use Velo3D’s Rapid Production Solution (RPS) which combines industrial-scale Laser Powder Bed Fusion (LPBF) technology with its manufacturing software […]