Metal additive manufacturing provider Velo3D is tripling its production capacity with a new 288,747-square-foot facility in Livermore, California, aiming to support the aerospace and defense sectors as they transition from prototyping to full-scale 3D-printed component production.

In a press release issued on June 30, 2026, the company detailed plans to bring the new production campus online later this year. The expansion creates one of the largest metal additive manufacturing footprints in North America, while Velo3D retains its existing Fremont, California, headquarters as a dedicated research and development hub.

Facility specifications and production scale

The Livermore site dedicates 270,000 square feet specifically to manufacturing operations. The building features 36-foot clear heights, providing nearly 10 million cubic feet of vertical volume required to house the company’s large-format additive manufacturing systems.

At launch, the facility is designed to support more than 40 large-format systems. The site infrastructure allows for future expansion to accommodate over 100 metal 3D printers. Combined with the Fremont location, Velo3D will have the capacity to support a total of 125 machines.

“We believe additive manufacturing should be accessible, scalable, and production-ready,” said Michelle Sidwell, Chief Revenue Officer at Velo3D.

Aerospace and defense market momentum

The physical expansion follows a period of revenue growth driven by defense and aerospace contractors adopting the company’s Rapid Production Solutions (RPS) and Sapphire metal 3D printers. In May 2026, Velo3D reported first-quarter revenue of $13.8 million, representing a 48 percent year-over-year increase.

Earlier in 2026, the company secured an $11.5 million multi-year production agreement with a major U.S. defense contractor. This followed a February 10, 2026, announcement that Velo3D was selected as the first qualified additive manufacturing provider for the U.S. Army Ground Vehicle Systems Center.

Financial analysts have noted the company’s alignment with domestic manufacturing initiatives. On June 25, 2026, Needham analyst Austin Bohlig initiated coverage of Velo3D with a Buy rating and a $33 price target, forecasting $65 million in revenue for 2026.

“We believe the company’s leading metal additive manufacturing platform is becoming a critical enabling technology for the reindustrialization of the U.S. aerospace and defense (A&D) industrial base,” Bohlig stated.

Market positioning and conflicting outlooks

On June 29, 2026, Velo3D was officially added to the Russell 3000 Index and the Russell Microcap Index. Chief Executive Officer Arun Jeldi indicated the inclusion is intended to broaden the company’s visibility among institutional investments.

AirPro News analysis

We observe a sharp divergence in market sentiment surrounding Velo3D’s growth trajectory. While the company is executing tangible physical expansions and securing multi-million dollar defense contracts, it faces aggressive skepticism from some market participants. The simultaneous June 25, 2026, release of Needham’s bullish forecast and a bearish short-seller report from Morpheus Research highlights this tension. Morpheus characterized the business as a “promotional grift,” contrasting starkly with the company’s reported 17.2 percent gross margin improvements and transition to full-scale production. The successful activation and utilization of the Livermore facility later in 2026 will likely serve as the primary indicator of whether the aerospace supply chain can sustain this expanded capacity.

Sources: Velo3D, Inc. / PR Newswire

MT-Propeller Entwicklung GmbH has secured an amended Supplemental Type Certificate (STC) from the Federal Aviation Administration (FAA) to install its seven-blade “Silent 7” composite propeller on the Pilatus PC-12/47G. The approval, issued on June 02, 2026, expands the certified applications for the MTV-47 propeller system without requiring engine modifications.

The company publicly announced the Certification on June 11, 2026. The FAA approval (STC SA02742NY) follows the European Union Aviation Safety Agency (EASA) STC issued on January 22, 2026, and a Transport Canada Civil Aviation (TCCA) Letter of Acceptance from July 31, 2024. The upgrade targets operators seeking improved short-field performance and compliance with stringent European noise Regulations.

Performance and noise reduction metrics

According to MT-Propeller’s official STC data sheet, the MTV-47 installation delivers measurable performance gains for the PC-12/47G. The certified ground roll distance is reduced by approximately 10 percent, while the takeoff distance over a 50-foot obstacle decreases by 15 percent compared to the original four-blade metal propeller. The composite propeller has a maximum diameter of 102.36 inches (260 cm) and an installed weight of 221.8 pounds (100.6 kg), including the spinner.

Noise abatement is a primary feature of the “Silent 7” design. The manufacturer reports an approximate 4 dB(A) reduction in exterior noise levels. Inside the aircraft, cabin noise is reduced by 6 to 7 dB(A), depending on the specific seating location. This acoustic performance allows the PC-12/47G to comply with strict European noise standards, including Germany’s 2010 Landeplatz Lärmschutz Verordnung, enabling unrestricted operations at noise-sensitive airports.

Engine compatibility and North American expansion

The amended STC covers the PC-12/47G alongside previously certified models, including the PC-12, PC-12/45, PC-12/47, and PC-12/47E. The MTV-47 propeller is approved for use with Pratt & Whitney Canada PT6A-67B, PT6A-67P, and PT6E-67XP engines. MT-Propeller emphasized that the installation is a direct bolt-on upgrade requiring no modifications to the existing powerplant.

The FAA certification aligns with MT-Propeller’s recent efforts to expand its support infrastructure in North-America. In April 2026, the company announced the opening of MT-Propeller Canada Inc., a joint venture with AMK Aviation Inc. based in Murillo, Ontario. The new facility is designed to provide enhanced service, spare parts distribution, and field support for North American operators adopting the composite propeller systems.

AirPro News analysis

We note a discrepancy in the performance figures marketed by regional distributors compared to the official certification data. While Finnoff Aviation Products, the exclusive North American distributor for the upgrade, cites a 20 percent reduction in ground roll and a 23 percent reduction in obstacle clearance distance, MT-Propeller’s official June 2026 STC data sheet lists more conservative figures of 10 percent and 15 percent, respectively. Operators evaluating the upgrade should base their operational planning on the certified flight manual supplements rather than distributor marketing materials. The addition of the PC-12/47G to the STC ensures that newer airframes can utilize the seven-blade system, which has become increasingly popular for operators flying into noise-restricted European airfields or backcountry strips requiring maximum short-field performance.

Sources: MT-Propeller STC Data Sheet

Honeywell Technologies finalized the spin-off of its aerospace division on June 29, 2026, officially dismantling the historic conglomerate to become a pure-play automation company.

In a press release issued on June 29, 2026, the Charlotte, North Carolina-based company confirmed the completion of the transaction, which establishes Honeywell Aerospace as an independent, publicly traded entity. The milestone concludes a multi-year portfolio transformation that began in 2023 and previously saw the separation of Solstice Advanced Materials.

Financial restructuring and market debut

Concurrent with the aerospace spin-off, Honeywell Technologies executed a 1-for-2 reverse stock split. According to reporting by Benzinga, the reverse split reduced the company’s issued and outstanding shares from approximately 634 million to roughly 317 million. The company also reduced its authorized common shares from 2 billion to 1 billion.

Honeywell Aerospace shares were distributed at a 1-for-2 ratio to Honeywell Technologies shareowners of record as of June 15, 2026. The newly independent aerospace supplier commenced trading on the Nasdaq Stock Market under the ticker symbol “HONA,” while the legacy automation business continues to trade under the “HON” ticker.

Strategic shift to pure-play automation

The corporate restructuring effort was initiated in 2023. Honeywell communicated its intention to spin off its advanced materials business in October 2024, followed by the February 2025 announcement detailing the separation of its automation and aerospace divisions. The board of directors formally set the record date and expected timing for the final spin-off on June 5, 2026.

Vimal Kapur, chairman and chief executive officer of Honeywell Technologies, described the completion as a defining moment for the company.

“With the completion of this separation, we have successfully transformed Honeywell into three independent, industry-leading companies: Honeywell Technologies, Honeywell Aerospace and Solstice Advanced Materials. Each company is built around a distinct strategy with greater focus and financial flexibility to pursue a long-term growth agenda,” Kapur stated in the press release.

To reflect its new operational focus on the building, industrial, and process sectors, Honeywell Technologies will file a Current Report on Form 8-K with the U.S. Securities and Exchange Commission. According to StreetInsider, this filing will present the former aerospace and advanced materials businesses as discontinued operations and provide recast historical financial data for fiscal years 2024, 2025, and the first quarter of 2026.

AirPro News analysis

The dissolution of the Honeywell conglomerate reflects a broader aerospace and industrial sector trend favoring specialized, pure-play operations over diversified holding companies. By isolating the aerospace division, Honeywell Aerospace can now pursue targeted capital allocation and mergers and acquisitions specific to aviation manufacturing and supply chain demands. For the legacy automation business, shedding the capital-intensive aerospace unit provides a clearer value proposition for investors focused on industrial technology and building automation. We expect the newly independent aerospace entity to face immediate scrutiny regarding its supply-chain resilience and production ramp-up capabilities as it operates without the financial buffer previously provided by the broader conglomerate.

Sources: Honeywell Technologies