Cathie Wood sinks $1.8 million into struggling SpaceX partner
The Street
By Ian Krietzberg Velo3D is a tech company that employs an innovative method of 3D metal printing to manufacture high-end hardware and parts for specific use cases, including spaceships and rocket engines. The company, with a market cap of only $224 million, has been partnered with Elon Musk’s SpaceX since 2018, after the space exploration company tried (and failed) to acquire Velo3D (VLD) – Get Free Report. SpaceX now uses Velo3D and its machines to create specific parts for its Raptor engineers. Its customers additionally include Honda, Honeywell and Lockheed Martin. Related: Cathie Wood sin… Read More “Cathie Wood sinks $1.8 million into struggling SpaceX partner”