Boeing invests in Digital Alloys Inc.

Boeing has announced its investment in Digital Alloys, Inc., a Burlington, Mass.-based company 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.

Digital Alloys developed a patented 3D-printing approach that avoids the cost and complexity of powder-based systems, and delivers higher resolution.

Additive manufacturing generates value for Boeing by reducing the cost and time needed to design, build and deliver products to customers. Currently, Boeing has more than 60,000 3D-printed parts flying on space, commercial and defense products.

Boeing HorizonX Ventures participated in Digital Alloys’ Series B funding round led by G20 Ventures. The Boeing HorizonX Ventures investment portfolio is made up of companies specializing in autonomous systems, energy and data storage, advanced materials, augmented reality systems and software, machine learning, hybrid-electric and hypersonic propulsion, and Internet of Things connectivity.