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3D Printing Tech Company Velo3D Nabs $33 Million DIU Award To Help Weapons Program

3D Printing Tech Company Velo3D Nabs $33 Million DIU Award To Help Weapons Program
Velo3D's Sapphire XC printer. Photo: Velo3D

Velo3D [VELO], a developer of medal additive manufacturing solutions used in aerospace, defense and other industries, won a $32.6 million contract from the Defense Innovation Unit (DIU) to help the Navy and an unnamed prime contractor to prototype and qualify 3D printed components to unlock a bottleneck in a weapon system program. The weapons system was also not disclosed. The award was made under DIU’s Foundry for Operational Readiness and Global Effects, or FORGE, which seeks additive manufacturing solutions to…

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