{"id":192833,"date":"2022-12-13T00:00:00","date_gmt":"2022-12-13T00:00:00","guid":{"rendered":"https:\/\/facfox.com\/news\/fortify-receives-investment-from-lockheed-martin-ventures-am-industry\/"},"modified":"2022-12-13T00:00:00","modified_gmt":"2022-12-13T00:00:00","slug":"fortify-receives-investment-from-lockheed-martin-ventures-am-industry","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/fortify-receives-investment-from-lockheed-martin-ventures-am-industry\/","title":{"rendered":"Fortify receives investment from Lockheed Martin Ventures AM Industry"},"content":{"rendered":"

Fortify, a full-stack materials science and digital manufacturing company, announced today that it has received a strategic investment from Lockheed Mart<\/a>in Ventures, the venture capital arm of Lockheed Mart<\/a>in Corporation (NYSE: LMT). The funds will be used for the process and material development of additive manufacturing of RF (radio frequency) devices.<\/p>\n

\u201cLockheed Mart<\/a>in develops and invests in critical, breakthrough technologies to help our customer solve for what the future holds,\u201d said Chris Moran, vice president and general manager of Lockheed Mart<\/a>in Ventures. \u201cLockheed Mart<\/a>in has been working closely with the Fortify platform, and we are excited to be on their team of investors.\u201c<\/p>\n

\u201cThe high-frequency communication space around RF is exploding with growth. This is not only in Aerospace, but also in commercial 5G, Satellite Communications, autonomous vehicle<\/a> sensors, and IoT,\u201d said Lawrence Ganti, Fortify CEO. \u201cFortify is thrilled to welcome Lockheed Mart<\/a>in Ventures as a strategic investor. Each of Lockheed Mart<\/a>in\u2019s business areas has been adopting additive technologies for mission-critical systems at an aggressive rate. We\u2019ve built and tested cutting-edge antenna and radar systems that are great examples of how additive can create unique value in Aerospace, Defense, and Communications.\u201d<\/p>\n

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Fortify\u2019s Digital Composite Manufacturing (DCM) platform enables the manufacturing of complex structures with unique mechanic<\/a>al, electrical, thermal, and electromagnetic properties. Business units across Lockheed Mart<\/a>in Corporation including Aeronautics, Rotary and Mission Systems (RMS), Missiles and Fire Control (MFC), and Space, are engaged to leverage the Fortify platform.<\/p>\n

\u201cLockheed Mart<\/a>in has been a great part<\/a>ner and is continuing to accelerate Fortify\u2019s growth into the advanced RF and electronics<\/a> application<\/a>s segment,\u201d said Josh Mart<\/a>in, Chief Product Officer and Co-founder at Fortify. \u201cThe ventures team and the technical fellows have been helpful in providing direct feedback on how we can effectively navigate the A&D (aerospace<\/a> and defense) sector. The programs we have executed on have directly influenced our product development through specific materials qualification and functional part<\/a> testing.\u201d<\/p>\n

Lockheed Mart<\/a>in Ventures joins a growing list of investors including In-Q-Tel (IQT), the Depart<\/a>ment of Energy (DoE), Accel Part<\/a>ners, Cota Capital, Neotribe, Prelude Ventures, Mainspring, and OceanAzul. Meet with a Fortify team member [DK1] at the Military AM show February 1-2, 2023 in Tampa, FL.<\/p>\n

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Amaero and Rabdan enter AM and powder production partnership: <\/a>Rabdan is an affiliate of the diversified holding company Ethmar Holdings. The JV agreement outlines that Amaero and Rabdan will partner exclusively on additive manufacturing and metal powder production in the Middle East. In addition to this, the JV includes an ambitious strategy to develop projects in order to vertically integrate the titanium supply chain \u2013 including titanium sponge, melt, mill, and forge operations.<\/p><\/blockquote>\n

* This article is reprinted from 3D Printing Media Network<\/a>. If you are involved in infringement, please contact us to delete it.<\/p>\n

<\/i> Author: VoxelMatters<\/p>\n","protected":false},"excerpt":{"rendered":"

Fortify, a full-stack materials science and digital manufacturing company, announced today that it has received a strategic investment from Lockheed Martin Ventures, the venture capital arm of Lockheed Martin Corporation (NYSE: LMT). 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