# Velo3D shares were 19% higher, at $12.89, in premarket trading.

*aerospace, business · news · 2025-12-22 · MarketScreener*

## Key points

- Velo3D secured a $32.6 million contract with the Defense Innovation Unit for Project FORGE.
- The contract targets eliminating manufacturing bottlenecks in a major Department of Defense weapon system.
- Velo3D will partner with the DIU, U.S. Navy, and a prime contractor to develop and qualify 3D-printed parts.
- This initiative is intended to accelerate scaling production rates for a specific critical weapon system.

By Chris Wack Velo3D shares were 19% higher, at $12.89, in premarket trading after the company said it has entered into an other transition agreement contract with the Defense Department's Defense Innovation Unit in support of a major weapon system program of record. The manufacturing technology company said the contract, with a total value of $32.6 million, supports DIU's Foundry for Operational Readiness and Global Effects, or Project FORGE. The company said the Project FORGE is charged with identifying solutions to the current problem of major manufacturing bottlenecks for certain traditionally manufactured parts and platforms within the U.S. defense industrial base. These production bottlenecks prevent the throughput necessary to scale a critical DoW weapon system program. Velo3D said it will work with DIU, the U.S. Navy and a key industry prime to prototype and qualify additively manufactured components that will allow them to efficiently scale the additively manufactured solution to remove the bottleneck and increase production rates for the program. Write to Chris Wack at chris.wack@wsj.com (END) Dow Jones Newswires 12-22-25 0747ET

**Companies:** Velo3D
**Countries:** United States

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