Velo3D announced a partnership with Aurelia Technologies to use its Sapphire XC platform for additive manufacturing of next-gen gas turbine components, progressing from feasibility tests to potential low-rate initial production. The collaboration drove a nearly 20% trading-day surge and an additional 1.6% gain in after-hours trading.
Velo3D and Aurelia Technologies announced a strategic partnership focused on developing additive manufacturing solutions for next-generation gas turbine systems. The agreement underscores Velo3D’s expansion into advanced energy applications alongside its existing aerospace and defense markets.
The collaboration will leverage Velo3D’s Sapphire XC metal 3D printing platform to evaluate select turbine components through feasibility testing and advance them toward low-rate initial production. This pathway aims to streamline part design, reduce component counts and shorten lead times in high-temperature environments.
On the day of the announcement, Velo3D shares surged nearly 20%, reflecting investor optimism about the industrial partnership. Momentum continued in after-hours trading with an additional 1.6% price increase.
Retail investor sentiment turned decisively bullish, coinciding with a significant spike in message volume. Confidence was buoyed by Velo3D’s past qualification of multiple SpaceX Raptor engine components for production, reinforcing expectations of further aerospace collaborations.
