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Lockheed Martin Invests In Developer Of Manufacturing System For Large Composite Parts

Cal Biesecker By
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Lockheed Martin Invests In Developer Of Manufacturing System For Large Composite Parts
Daniel Lee, co-founder and CEO of Perseus Materials. LInkedIn photo

Perseus Materials, which has developed a manufacturing system to quickly 3D print large composite parts, has received a strategic investment from Lockheed Martin [LMT] to expand its team, physical footprint and deliver its first customer orders. The value of the investment by Lockheed Martin’s venture arm was not disclosed and follows an earlier pre-seed round by Roadrunner Fund. Perseus says its rapid, large-scale component manufacturing system is its fast-curing resins and robotic systems used to additively manufacture strong components at…

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