Boeing HorizonX Invests in Advanced Materials Producer Gamma Alloys
November 06 2017
Boeing apprises of 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.
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