Aluminium alloys developer Gamma Alloys gets fund from Boeing HorizonX
Boeing, the world's largest aerospace company, announced an investment in Gamma Alloys. This represents the first Boeing HorizonX investment in advanced materials and machining development and applications.
Steve Nordlund, Vice President of Boeing HorizonX, said: "The wear, strength, durability and machining characteristics of Gamma's materials have the opportunity to further reduce the weight of our products."
"The traction that Gamma Alloys has gained in automotive, energy and aerospace reinforces our confidence that Gamma has a unique set of materials."
Valencia, California-based Gamma Alloys develops nano-reinforced aluminium alloys, where the aluminium is reinforced with microscopic particles, or nanoparticles.
Gamma Alloys CEO Mark Sommer commented: "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.”
HorizonX also seeks unique business opportunities and non-traditional partnerships for the company's aerospace technology using disruptive innovations and business strategies.
Trimet seeks partner for automobile aluminium products business
Next articleNovelis reports record Fiscal 2018 second quarter results
Grow with
AL Circle
