Boeing’s HorizonX fund invests in 3D printing startup

Boeing’s HorizonX venture fund has invested in Morf3D, a California-based company specializing in the additive manufacturing of aerospace parts.

Boeing says that HorizonX co-led the 'Series A' funding round for Morf3D, but did not disclose the amount of investment, or the size of the stake it obtained.

Established in 2015, Morf3D already provides printed parts for Boeing’s satellites and helicopters. Boeing and Morf3D will look for ways to further develop additive manufacturing and engineering capabilities.

"Developing standard additive manufacturing processes for aerospace components benefits both companies and empowers us to fully unleash the value of this transformative technology," says Kim Smith, vice president and general manager of fabrication for Boeing Commercial Airplanes.

(Evangle Luo of TTFLY shared with you)