Velo3D Collaborates with RTX for Groundbreaking Defense Tech
Velo3D Partners with RTX for Advanced Manufacturing Initiative
Velo3D, Inc. (NASDAQ: VELO) is making waves in the additive manufacturing arena by teaming up with RTX and the Raytheon Technologies Research Center to enhance high-throughput aluminum CP1 additive manufacturing techniques. This collaboration focuses on developing advanced processes that align with the U.S. Army's priorities for Integrated Air and Missile Defense (IAMD).
Transforming Defense with Innovative Manufacturing
The mission is to improve the production capabilities for military applications, emphasizing affordability, system agility, and readiness. Velo3D's cutting-edge metal additive manufacturing technology is central to these improvements, employing a sophisticated laser powder bed fusion process. This approach is designed to optimize efficiency and production scalability across various military programs.
CEO's Insights on Manufacturing Challenges
Dr. Arun Jeldi, CEO of Velo3D, expressed excitement about this venture. "Our platform was chosen for its unique advantages that allow us to break free from common limitations observed in traditional L-PBF systems. By integrating state-of-the-art hardware and software tools, we can ensure reliable and consistent production, even within distributed manufacturing environments crucial for national defense," he stated.
Advantages of Additive Manufacturing in Defense
The collaboration aims to create an Installation and Operational Qualification (IQ/OQ) framework that modernizes traditional qualification methods. This initiative is essential for fostering a robust distributed manufacturing model, empowering the Department of Defense and its suppliers.
Raytheon Technologies’ Perspective
Lee Barber, the Raytheon Additive Manufacturing Materials Lead at RTX, articulated the significant role of additive manufacturing in supply chain resilience, stating, "This partnership helps to create scalable processes for Aluminum CP1 that not only ensure rapid deployment but also guarantee quality assurance for our military forces."
Velo3D's Commitment to Innovation
Velo3D has established itself as a front-runner in the metal 3D printing industry by overcoming the longstanding limitations of traditional systems. Their technology facilitates the design and production of complex metal parts, fostering innovation across key sectors including aerospace and energy. With their all-encompassing solution—which includes the Flow print preparation software, the Sapphire printer series, and the Assure quality control system—Velo3D is setting standards of excellence in manufacturing.
Looking Ahead: The Future of Velo3D
The strides made by Velo3D in advancing additive manufacturing signal a bright future for not just the company but for the broader defense industry. By collaborating with leading technology partners, Velo3D aims to break new ground in additive processes, driving the evolution of defense manufacturing forward.
Frequently Asked Questions
What is Velo3D's role in this collaboration?
Velo3D is developing advanced additive manufacturing processes for aluminum CP1 to support defense applications in collaboration with RTX and the Raytheon Technologies Research Center.
What technology does Velo3D utilize?
Velo3D employs a laser powder bed fusion process, which is complemented by their proprietary software and quality control tools for consistent and reliable production.
How does this initiative benefit the U.S. Army?
This initiative enhances production efficiencies and responds quickly to defense needs while ensuring high-quality manufacturing standards are met.
What sectors can benefit from Velo3D's technology?
Velo3D's technology can significantly impact sectors like aerospace, power generation, energy, and semiconductor manufacturing, allowing for the creation of complex, mission-critical components.
Why is additive manufacturing crucial for the defense supply chain?
Additive manufacturing provides a more flexible and responsive production methodology, which is essential for maintaining an agile and resilient defense supply chain.
About The Author
Contact Ryan Hughes privately here. Or send an email with ATTN: Ryan Hughes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.