Boeing HorizonX Invests in Advanced Materials Producer Gamma Alloys

Applications could reduce weight and cost of materials

CHICAGO, Nov. 1, 2017 — (PRNewswire) — Boeing [NYSE: BA] announced its investment in Valencia, Calif.-based Gamma Alloys, a leader in aluminum alloys focused on developing advanced metal-matrix composites for use in aerospace, automotive and other industries.

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."

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. Gamma Alloys is particularly focused on custom solutions where design engineers are currently limited in what they can create with traditionally available materials.

"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. "The decision to choose Boeing HorizonX Ventures was simple – the opportunity to partner with Boeing was too compelling to pass up."

By leveraging the power of the world's largest aerospace company, Boeing HorizonX invests in new business ventures to unlock the next generation of game-changing ideas, products, and markets. The Boeing HorizonX Ventures portfolio includes investments in autonomous systems technology, wearable enabled technologies, augmented reality systems, hybrid-electric propulsion and artificial intelligence. HorizonX also seeks unique business opportunities and non-traditional partnerships for the company's aerospace technology using disruptive innovations and business strategies.

Chicago-based Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries.

 

Follow us on Twitter: @Boeing

 

View original content: http://www.prnewswire.com/news-releases/boeing-horizonx-invests-in-advanced-materials-producer-gamma-alloys-300547453.html

SOURCE Boeing

Contact:
Boeing
Boeing HorizonX Ventures
Gamma Alloys
Web: http://www.boeing.com

 




Review Article Be the first to review this article


Featured Video
Jobs
GIS Manager for City of Vancouver at Vancouver, Washington
GIS Analyst for County of Bernalillo at Albuquerque, NM, New Mexico
GPS and Mobile GIS Sales Development for Duncan-Parnell Inc. at Charlotte, North Carolina
Engineer III - Hydraulics for State of Nebraska at Lincoln, California
Geospatial Mapping Training and Support Specialist for Duncan-Parnell Inc. at Morrisville, North Carolina
GIS Sales and Business Development for Duncan-Parnell Inc. at Ashland, Virginia
Upcoming Events
GI_Forum 2021 | re.connecting spatially at Salzburg Austria - Jul 5 - 9, 2021
InterDrone 2021 at Hyatt Regency Dallas TX - Aug 10 - 12, 2021
URISA GIS Leadership Academy at 701 Lee St #960 Des Plaines IL - Aug 16 - 20, 2021
8th International Scientific Conference on SOCIAL SCIENCES (ISCSS) 2021 at Congress Centre MARITIM PARADISE BLUE Albena Bulgaria - Aug 21 - 30, 2021
University of Denver GIS Masters Degree Online
UAV Expo2021 -Register   & save



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise