Velo3D Stock Soars 26.22% on U.S. Army Contracts

Generado por agente de IAAinvest Pre-Market Radar
lunes, 25 de agosto de 2025, 9:22 am ET1 min de lectura
VELO--

On August 25, 2025, Velo3D's stock surged by 26.22% in pre-market trading, marking a significant rise in its share price.

Velo3D, a leading additive manufacturing technology company, has secured a contract with the U.S. Army for its AvMC and M&S program. This collaboration is aimed at advancing mission-critical metal parts, which is expected to bolster the company's position in the defense sector.

Additionally, Velo3DVELO-- has partnered with the U.S. Army and RTX on a defense additive manufacturing initiative. This initiative focuses on high-throughput Aluminum CP1 additive manufacturing, further solidifying Velo3D's role in the defense industry.

These strategic moves are likely to enhance Velo3D's market presence and technological capabilities, contributing to the positive sentiment surrounding the company's stock.

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