SpaceX Signs $8 Million Agreement with Velo3D for Advanced Rocket Parts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Source: stocktwits
- Financial Recovery: Velo3D achieved a remarkable 48% revenue growth in 2026, with a gross margin of 17.2%, and reduced its debt by approximately 70% through debt-to-equity transactions, leaving only $9 million in obligations, significantly enhancing the company's financial stability.
- Deepening Technical Collaboration: SpaceX signed an $8 million IP services agreement with Velo3D, allowing it to utilize and adapt Velo3D's 3D printing technology for manufacturing complex rocket parts, further solidifying Velo3D's critical role in aerospace manufacturing.
- Surging Market Interest: As the SpaceX IPO approaches, investor interest in Velo3D has surged, leading to a 34% stock increase on Thursday and over a 122% rise year-to-date, reflecting strong market enthusiasm for advanced manufacturing names linked to the space economy.
- New Board Member: Velo3D appointed former Fremont Mayor Lily Mei as an independent director, aiming to expand its operations in aerospace, defense, and energy infrastructure, thereby diversifying revenue streams and enhancing the company's competitive position in the market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
