Velo3D, Inc., a major additive manufacturing technology company for mission-critical metal parts, has entered into an Other Transition Agreement (OTA) contract with the U.S. Department of War’s (DoW) Defense Innovation Unit (DIU) in support of a major weapon system program of record. The contract, with a total value of USD 32.6M, supports DIU’s Foundry for Operational Readiness and Global Effects or “Project FORGE.”
The contract leverages Velo3D’s Rapid Production Solution (RPS) to quickly prototype alternatives to traditional subtractive manufacturing methods. Additionally, the agreement includes an option to explore development of the largest format Laser Powder Bed Fusion (LPBF) printing capability within the U.S. to support AM needs not currently possible within the U.S. industrial base. Velo3D’s RPS leverages its systems, expertise and surge capacity solutions to enable scalable production of mission-critical components that would significantly enable the DoW’s efforts to reduce manufacturing bottlenecks.
Velo3D’s systems meet DoD cybersecurity standards and can connect securely to military networks, ensuring integrity and security for critical manufacturing operations.