Boeing Invests in 3D StartupApril 24, 2018
Boeing has announced its investment in Morf3D, an El Segundo, Calif.-based company specializing in 3D metal printing and manufacturing of parts for aerospace applications. Established in late 2015, the company has produced 3D-printed titanium and aluminum components for Boeing satellites and helicopters. With this investment, Morf3D will collaborate with Boeing to further develop manufacturing processes and engineering capabilities.
Boeing HorizonX Ventures co-led this Series A funding round. The Boeing HorizonX Ventures investment portfolio, comprised of companies specializing in technologies for aerospace and manufacturing innovations, includes autonomous systems, energy storage, advanced materials, augmented reality systems and software, machine learning, hybrid-electric and hypersonic propulsion, and Internet of Things connectivity.
Boeing's investment in Morf3D is the latest example of the company's achievements with additive manufacturing partners worldwide. In March, Boeing and Norsk Titanium received the Aviation Week Laureate Award for Commercial Supplier Innovation for qualifying the first additive structural-titanium parts on a commercial airplane. In February, Boeing announced a five-year research agreement with Swiss-based supplier Oerlikon to develop standard materials and processes for titanium powder-bed additive manufacturing.
For more, www.boeing.com, www.morf3d.com.
See also: Morf3d