Boeing 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 aluminium 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.
(Continued on next page)