Might want to check out SPFR - Jaws Spitfire which is a recent SPAC who brought public VELO3D.
VELO is in the business of manufacturing 3D printers that print in metal with extreme precision. I noticed this company in the ARK daily trade emails. After a bit of research and I found that SpaceXis one of their biggest customers. SpaceX went from purchasing 1 system 3 years ago to now having 23 systems. It appears that VELO3D printers help produce parts for Raptor engines. Also appears that SpaceX invested in this company.
Current Market Cap is $432M. Seems to me that this company could 10X within 5 years. Of course this is highly speculative. Not advice.
Thanks JRP3 for noting my typo! Fixed it.
VELO is in the business of manufacturing 3D printers that print in metal with extreme precision. I noticed this company in the ARK daily trade emails. After a bit of research and I found that SpaceXis one of their biggest customers. SpaceX went from purchasing 1 system 3 years ago to now having 23 systems. It appears that VELO3D printers help produce parts for Raptor engines. Also appears that SpaceX invested in this company.
Current Market Cap is $432M. Seems to me that this company could 10X within 5 years. Of course this is highly speculative. Not advice.
Thanks JRP3 for noting my typo! Fixed it.
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