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Benzinga
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Velo3D Scores Big With US Army And Raytheon—Defense Growth Locked In

1. Velo3D relisted on Nasdaq after near bankruptcy. 2. Partnership with U.S. Army and RTX strengthens VLD's defense supply chain role. 3. Velo3D exceeds previous limitations of additive manufacturing in defense. 4. Setting manufacturing standards provides Velo3D a first-mover advantage. 5. Potential defense contracts position Velo3D for long-term revenue growth.

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FAQ

Why Bullish?

The partnership with defense giants gives Velo3D credibility and revenue potential, similar to past defense contracts that propelled firms like Northrop Grumman.

How important is it?

The article highlights Velo3D's strategic shift, partnership strength, and long-term revenue potential, significantly impacting investor sentiment and company performance.

Why Long Term?

As defense contracts stabilize, Velo3D has the potential for sustained revenue growth over years, akin to companies successfully transitioning post-contract wins.

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