Mentioned:
Velo3D has a new ambition: changing the way materials for gas turbines are produced.
What’s happening:
- Velo3D (NASDAQ: VELO) has formed a new partnership with gas turbine company Aurelia to apply additive manufacturing to produce critical components for small gas turbines
Why it matters:
- Velo3D has publicly stated that their new partnership with Aurelia will focus on using 3D metal printing to consolidate turbine designs and develop new processes for manufacturing select components for Aurelia’s gas turbines
Going deeper:
- Aurelia’s flagship small gas turbine known as the A400 is capable of delivering approximately 400 kilowatts of electrical power and running on multiple different fuels including hydrogen, synthetic gas and biogas
- Velo3D has been landing a flurry of new deals for additive manufacturing lately, including previously partnering with the United States Army to develop 3D printed metal parts for ground combat vehicles and winning a $11.5M USD production deal with a defense contractor
