Boeing, the world’s largest aerospace company and leading manufacturer of commercial jetliners and defence, space and security systems, announced an investment in California-based metal additive manufacturing and engineering startup Morf3D. Boeing showed its interest with an aim to develop competitive ecosystem for flight-quality 3D printed parts.
Since its launch in 2015, Morf3D has been involved in additive manufacturing for aerospace applications. It has produced 3D printed titanium and aluminium components for Boeing satellites and helicopters. Morf3D is known to build lighter and stronger 3D printed parts and this is one of the main reasons for Boeing to invest into it. The collaboration will help in furthering the cause of developing superior manufacturing processes and engineering capabilities.
Morf3D also has significant expertise in metallurgy which help in leveraging the 3D printing capabilities to substantially reduce the mass and increasing the performance of the printed parts.
Boeing HorizonX Investment
Boeing HorizonX Ventures co-led this Series-A funding round. The Boeing HorizonX Ventures investment portfolio is made up of numerous technology companies including technologies for aerospace and manufacturing innovations
Speaking on the investment, Kim Smith, vice president and general manager of Fabrication for Boeing Commercial Airplanes and Boeing Additive Manufacturing leader, said, “Developing standard additive manufacturing processes for aerospace components benefits both companies and empowers us to fully unleash the value of this transformative technology.”
On the collaboration, Ivan Madera, CEO of Morf3D exclaimed, “We are excited to be a distinguished and trusted partner of Boeing’s additive manufacturing supplier base, as we continue to industrialize our processes for the high-rate production of flight-worthy additively manufactured components. This investment will enable us to increase our engineering staff and expand our technology footprint of EOS M400-4 DMLS systems to better serve the growing demands of our aerospace customers.”
According to Steve Nordlund, vice president of Boeing HorizonX, “As innovative companies continue to revolutionize technologies and methods, we are proud to invest in the rapidly growing and competitive additive manufacturing landscape.
The latest investment in Morf3D shows the company’s interest in the additive manufacturing technology. Recently, in February 2018, Boeing signed a five-year agreement with Oerlikon for collaboration on standardisation of titanium 3D printing processes for aerospace applications.
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