Boeing Makes Third Move Into Metal Additive Manufacturing This Year

Lee Ann Shay

Boeing made another investment in additive manufacturing, this time with the intent of producing higher volume of multi-metal parts faster.

Boeing HorizonX Ventures invested an undisclosed amount in Digital Alloys, which created Joule Printing, a metal additive manufacturing technology that uses metal in wire form and high deposition rates to produce the parts. The investment was part of a $12.9 million Series B financing led by G20 Ventures and included other companies. Boeing and Digital Alloys did not disclose the exact investment but Boeing said it “was a minority investor in this round.”

Lee Ann Shay | Aug 10, 2018

Boeing made another investment in additive manufacturing, this time with the intent of producing higher volume of multi-metal parts faster.

Boeing HorizonX Ventures invested an undisclosed amount in Digital Alloys, which created Joule Printing, a metal additive manufacturing technology that uses metal in wire form and high deposition rates to produce the parts. The investment was part of a $12.9 million Series B financing led by G20 Ventures and included other companies. Boeing and Digital Alloys did not disclose the exact investment but Boeing said it “was a minority investor in this round.”

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Digital Alloys holds two patents for Joule Printing, which can use multiple metals into a single part. This could enable new parts designs and improved thermal, electric and mechanical properties. This printing process is “similar to resistive welding and does not result in fully melting the material through external energy sources like lasers, e-beams, or electric arcs. As such, it has the potential to print alloys that have been a challenge with existing printing techniques, but with less energy and a lower machine complexity,” says Boeing.

Joule Printing solves “three big problems that are gating the use of metal printing and production:” production costs, printing speeds and complexity, says Duncan McCallum, Digital Alloy's CEO.

Full Article: https://www.mro-network.com/technology/boeing-makes-third-move-metal-additive-manufacturing-year