China3D printingNet news on September 1,Boeing HorizonX Ventures is the seed and mid-term/growth-stage investment arm of Boeing Aerospace.3D printingExpert Morf3D provided further financial support.
The additive manufacturing and consulting services established in 2015 received the first financial support of Horizon X in 2018.This is the second batch of funds since the financial support in 2018. Although the specific amount was not disclosed, it came fromThe Morf3D report shows that this isThe decision after a significant increase in customer demand.
Brian Schettler, Senior Managing Director of Boeing HorizonX Ventures, commented: “Our latest strategic investment in Morf3D extends our commitment to Industry 4.0 efforts. These technologies can transform the aerospace supply chain for future growth and competitiveness.
We continue to work closely with MORF3D to help them bring innovation to more aviation manufacturing partners by joining the manufacturing industry. “
Morf3D additive manufacturing
Morf3D provides engineering and manufacturing services. The engineering aspect of the business includes the company’s comprehensive design expertise, including conceptualization and parameter optimization. AS9100: D and ISO 9001: 2008 certification and ITAR registration, the company’s manufacturing services consist of a series of metal3D printingMachine completion, as well as completion, inspection, certification and data analysis. Since 2017, the company has formed an alliance with inspection software expert Sigma Labs, which supports Morf3D’s quality assurance services.
Direct metal laser sintering (DMLS) is Morf3D’s preferred method, and the company currently has at least 7 systems that handle this service.All machines are made of leading metal3D printingThe machine manufacturer EOS provides, including four M290, one M400-1 and two M400-2. Morf3D also has the capabilities of precision CNC and electrical discharge machining, which is one of the areas that has recently expanded due to increased demand.
Morf3D3D printingmachine. Photo courtesy of Morf3D
According to reports, in addition to subtractive manufacturing capabilities, Morf3D has also expanded its additive manufacturing business and recently doubled its workforce. At the 2018 Farnborough Airshow, Morf3D founder and CEO Ivan Madera (Ivan Madera) seemed to have carried out a year in advance when the company accepted more satellite and rotor technology projects. Expansion. In addition to Boeing, Morf3D’s customers include Honeywell and Collins Aerospace.
Boeing HorizonX Ventures product portfolio
Boeing HorizonX Ventures was founded in 2017 and currently has about 20 companies in its portfolio.One of the companies includes Boston Metals3D printingMachine Digital Alloys. In the Series B financing led by G20 Ventures, HorizonX invested US$12.9 million in the company in 2018, and other investments in the HorizonX portfolio ranged from US$3 million to US$37.3 million.
When commenting on the recent funding for Morf3D,Morf3DExecutive officerMaderaSaid: “It is amazing to see our strategy become alive. Our vision is to become a world-class leader in metal additive manufacturing in the aerospace industry. This vision is taking shape.
At MORF3D, we do not sell parts in the traditional sense.But to provide a complete set of metals3D printingServe. “
If Madera, the founder and CEO of Morf3D. Photo courtesy of Morf3D
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