Boeing has announced its investment in Gamma Alloys, a developer of advanced metal-matrix composites and nanotechnogy based material for use in aerospace, automotive and other industries.
"With funding from Boeing, we will explore compelling applications across demanding industries such as aerospace while accelerating our nanoparticle material development and the full-scale industrialization of our manufacturing processes," said Gamma Alloys CEO Mark Sommer.
California-based Gamma Alloys, founded in 2008, is pursuing breakthroughs in nano-reinforced aluminum alloys, where the aluminum is reinforced with microscopic particles, or nanoparticles. These alloys provide increased stiffness, improved wear resistance, and greater strength than current materials across a wider range of temperatures.
This investment by Boeing HorizonX Ventures, which was established earlier this year, is its first in advanced materials and machining development and applications.
"The wear, strength, durability and machining characteristics of Gamma's materials have the opportunity to further reduce the weight of our products," said Steve Nordlund, vice president of Boeing HorizonX. "The traction that Gamma Alloys has gained in automotive, energy and aerospace reinforces our confidence that Gamma has a unique set of materials."
The Boeing HorizonX Ventures portfolio includes investments in autonomous systems technology, wearable enabled technologies, augmented reality systems, hybrid-electric propulsion and artificial intelligence.
Boeing and Near Earth Autonomy, a Pittsburgh-based company announced a partnership to explore products and applications in autonomous mobility for defence and civilian applications. Boeing also announced its investment in Near Earth Autonomy which will be through Boeing HorizonX Ventures
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Boeing subsidiary, Insitu Inc is being awarded $7.7 million contract against a previously issued basic ordering agreement for the procurement of six ScanEagle unmanned aircraft systems to the government of Iraq
Nordam will manufacture spare F/A‐18 A‐D Hornet leading‐edge flaps under a new five‐year strategic agreement with Boeing through June 2022. The flaps alter the aerodynamic profile of the fighter aircrafts wing leading edge for increased or decreased lift, as well as for enhanced maneuverability while in flight, CEO Meredith Siegfried Madden said in a statement Thursday
Boeing on Wednesday unveiled a new unmanned electric vertical-takeoff-and-landing (eVTOL) cargo air vehicle (CAV) prototype that will be used to test and evolve companys autonomy technology for future aerospace vehicles. It is designed to transport a payload up to 500 pounds for possible future cargo and logistics applications
Boeing and the Ground-based Midcourse Defense (GMD) team recently bolstered Americas defense against long-range ballistic missiles, ahead of schedule, with the installation of the 44th interceptor. Placing the interceptor in its silo meets a U
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