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Velo3D, Aurelia Partnership Targets Next-Gen Gas Turbine Manufacturing

Benzinga·
Velo3D, Aurelia Partnership Targets Next-Gen Gas Turbine Manufacturing

Velo3D announced a strategic partnership with Aurelia Technologies to develop additive manufacturing solutions for next-generation gas turbine systems. The collaboration aims to streamline design processes, improve supply chain resilience, and reduce production lead times and costs. However, VELO shares traded down 6.72% to $15.14, trading below its 20-day moving average with fading momentum despite the positive partnership announcement.

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