Boeing Ventures Invests in New 3-D Alloy Printing Company
Boeing has taken a significant step into the world of 3D printing, thanks to a key new investment in a company based out of Burlington, Massachusetts. It announced yesterday that it was investing in Digital Alloys Inc, a company that is developing high-speed, multi-metal additive manufacturing systems that produce 3D-printed parts for aerospace and other production applications. Digital Alloys’ Joule Printing technology can rapidly combine multiple metals into each part, which enhances thermal, electrical, magnetic and mechanical properties.
The process allows metals like titanium and high-temperature alloys to be 3D-printed for parts that could be used on Boeing products. Formed in January 2017, Digital Alloys developed a patented 3D-printing approach that avoids the cost and complexity of powder-based systems, and delivers higher resolution than other wire-based 3D-printing techniques.
“Our investment in Digital Alloys will help Boeing produce metal structural aerospace parts faster and at higher volume than ever before,” said Brian Schettler, managing director of Boeing HorizonX Ventures. “By investing in companies with emerging additive manufacturing technologies, we aim to strengthen Boeing’s expertise and help accelerate the design and manufacture of 3D-printed parts to transform production systems and products.”