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Markforged Sets Up With Strategic Investment Agreement with In-Q-Tel

Partnership enables the U.S. government to leverage the Markforged industrial additive manufacturing platform for creating metal and continuous carbon fiber parts.

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By DE Editors  

February 19, 2020

Markforged, provider of metal and carbon fiber 3D printers, announced a strategic investment agreement with In-Q-Tel, Inc. (IQT), the not-for-profit strategic investor that identifies and accelerates the development and delivery of technologies to support the mission of the U.S. government agencies.

Markforged 3D printers are used in manufacturing everything from automobiles to aircraft engines. The company offers metal printers with the entire range of metals—from high-conductivity copper to industrial tool steel to superalloys like Inconel—all in a safe, fast and easy-to-use platform. Its industrial composite platform can print in continuous carbon fiber, Kevlar and more, creating functional parts.

Markforged has a strong history of technology involvement in the government and defense sectors, as branches of the U.S. military have hundreds of machines in operation today. The company implemented a forward-deployed metal system to support combat operations and now has expanded its support operations to three continents. The U.S. military around the world is using metal and carbon fiber 3D printers for a wide variety of use cases, such as machinery repair, tool creation and field operations.

“We’re excited to expand the reach of our solutions with IQT and continue to push the bounds of what’s possible in additive manufacturing,” says Greg Mark, CEO and founder of Markforged. “Markforged makes it easy to build anything you can imagine, and that capability will empower the people in the Intelligence Community to fulfill their mission anywhere in the world.”

Sources: Press materials received from the company and additional information gleaned from the company’s website.

 

More about Markforged

Markforged started with a vision: Empower engineers to create strong-as-metal, finished parts using the right materials for the job - and remove the multiple barriers between design and a final product. We are overturning not only the 3D printing…

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About DE Editors

DE Editors

DE's editors contribute news and new product announcements to Digital Engineering. Press releases may be sent to them via [email protected].

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Related Topics

Additive Manufacturing   3D Printing   News   3D Printing   Additive Manufacturing   Government   Markforged   Metal Printing   All topics
 

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