Boeing Bolsters Morf3d’s 3-D-Printing Efforts with HorizonX Investment
Boeing is investing in additive engineering company Morf3D through its HorizonX Ventures subsidiary.
Since Morf3D was established in late 2015, the company has produced 3-D-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.
“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,” said Ivan Madera, CEO of Morf3D.
Boeing HorizonX co-led this Series A funding round. The HorizonX investment portfolio is made up of companies specializing in technologies for aerospace and manufacturing innovations, including autonomous systems, energy storage, advanced materials, augmented reality systems and software, machine learning, hybrid-electric and hypersonic propulsion and IoT connectivity.
This was originally published at Via Satellite.
Published at Thu, 26 Apr 2018 02:44:46 +0000