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Norsk Titanium Closes Strategic Investment from Triangle Holdings for Aerospace AM Industry

by Business

Following the recent announcement by metal Additive Manufacturing system OEM Norsk Titanium AS that it will deliver the world’s first FAA-approved, 3D printed, structural titanium components to Boeing, Norsk Titanium today announced it has closed on a significant investment from Triangle Holdings LP (“Triangle”), an aerospace investment company owned by funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). Triangle has invested over $1.2 billion in aircraft and aerospace related assets since its formation in 2011. Terms of the investment were not released.

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Premium AEROTEC to additively produce first flight critical metal parts for Airbus A350 3D Printing Service Providers

by Aerospace

Premium AEROTEC, a subsidiary of European aircraft manufacturer Airbus and a manufacturer of aero structures in its own right, has been a key adopter of additive manufacturing technologies in the aerospace sector. Understandable, as the company, which employs 10,000 people and generates 2 billion euros in revenue yearly, is continually seeking to integrate state-of-the-art manufacturing technologies into its business.