VELO Stock Soars 38%, Races Toward Best Single-Day Move In 4 Months — What Is Fueling The Rally?

• Velo3D stated that, as part of the collaboration, it designed and produced an aluminum CP1 radio-control mounting bracket for the No. 43 Porsche.
• The company added that its design enhances the rigidity and performance of key cockpit communication and control systems.
• Velo3D stated that it optimized the CP1 radio control using generative design tools to improve structural efficiency while reducing weight.

Shares of Velo3D Inc. (VELO) surged nearly 38% on Tuesday before paring some of the gains after the company announced a partnership with Andretti Performance.

Velo3D stated that it will partner with Andretti Performance as an official sponsor and additive manufacturing technology provider for two 2026 IMSA Michelin Pilot Challenge events.

Velo3D shares were up over 34% in Tuesday morning’s trade.

What Is The Partnership About?

Velo3D stated that, as part of the collaboration, it designed and produced an aluminum CP1 radio-control mounting bracket for the No. 43 Porsche.

The company stated that its design enhances the rigidity and performance of key cockpit communication and control systems. The component was made using a lightweight, high-strength material suited for additive manufacturing and increasingly used in aerospace and defense for its elevated-temperature performance, it said.

Velo3D stated that it optimized the CP1 radio control using generative design tools to improve structural efficiency while reducing weight.

The company also added that its branding will feature on the No. 43 Andretti Performance Porsche at WeatherTech Raceway Laguna Seca and Indianapolis Motor Speedway.

“This partnership is more than brand alignment. It is a real-world demonstration of how advanced additive manufacturing can solve complex engineering challenges and deliver superior performance in the most demanding environments,” said Velo3D CEO Arun Jeldi.

Velo3D Bags Multiple Defense Contracts This Year

Velo3D secured multiple defense contracts this year, with the latest being a $9.8 million one from the Department of War in March to support the Defense Logistics Agency. The five-year contract allows the DLA to procure qualified additively manufactured components to support readiness needs across the Army, Navy, Air Force, Marine Corps, and Space Force.

In February 2026, Velo3D announced that it had secured a $11.5 million contract from a key U.S. defense contractor to produce high-performance, critical components using its Rapid Production Solution (RPS) and industrial-scale Laser Powder Bed Fusion (LPBF) printing technologies.

During the same month, Velo3D announced that it had qualified as the first additive manufacturing vendor for ground vehicles of the U.S. Army.

How Did Retail Traders React?

Retail sentiment on Stocktwits around Velo3D trended in the ‘bullish’ territory, with message volumes at ‘high’ levels at the time of writing.

One user stated that the deal with Andretti Performance highlights the trust placed in Velo3D’s precision manufacturing technology.

Another user stated that the VELO stock will not fall under $10 again.

VELO stock is up 14% year-to-date and 112% over the past 12 months. The ARK Autonomous Technology & Robotics ETF (ARKQ) is up 107% over the past 12 months, while the 3D Printing ETF (PRNT) is up 30%.

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