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Business/Financial

3D Printing Company Fortify Receives Investment From Lockheed And Raytheon

By Cal Biesecker

Thursday, June 1st, 2023

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3D Printing Company Fortify Receives Investment From Lockheed And Raytheon

3D printed components made by Fortify's Flux printer. Photo: Fortify

The additive manufacturing company Fortify on Thursday said it has secured $12.5 million in funding from investors, including a second round from Lockheed Martin [LMT] and an investment from Raytheon Technologies [RTX] in addition to other investors to help the company accelerate the development of its technology that manufactures complex components. The strategic investments were made by the venture funding arms of the two large defense contractors, demonstrating the potential of Fortify’s technology, and also includes funding from the venture…

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