Velo3D announced a $9.8 million multi-year contract from the Department of War to support the Defense Logistics Agency. The award validates demand for the company's metal 3D printing technology and provides modest multi-year revenue visibility, but is unlikely to materially move near-term earnings or sector valuations.
Velo3D announced a $9.8 million multi-year contract from the Department of War to support the Defense Logistics Agency. The award validates demand for the company's metal 3D printing technology and provides modest multi-year revenue visibility, but is unlikely to materially move near-term earnings or sector valuations.
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mildly positive
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0.25
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