Metal laser powder bed fusion (LPBF) manufacturer Velo3D has signed an Intellectual Property License and Support Services Agreement with leading private launch firm SpaceX. The agreement grants SpaceX a non-exclusive license to the entirety of Velo3D’s additive manufacturing technologies. SpaceX will pay $5 million for the deal, with an additional $3 million for support services related to the contract.
Velo3D’s $8 Million IP Deal with SpaceX: A Lifeline or a Double-Edged Sword?
SpaceX's Raptor engines. Image courtesy of SpaceX.