
Fortius Metals
Provides patented high performance welding wire for advanced manufacturing solutions such as 3D printing.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
* | $2.0m | Seed | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Fortius Metals is a cutting-edge company that specializes in the development of high-performance welding wire for large format metal 3D printing. The company was spun out from Elementum 3D technology, which has already patented and commercialized this technology for powder bed fusion additive manufacturing, a process that uses a laser to fuse together layers of powdered metal to create a solid object.
Fortius Metals' technology is recognized and utilized by prestigious organizations such as NASA, the Air Force, Navy, Army, and many Tier 1 aerospace original equipment manufacturers (OEMs). These are companies that produce parts and equipment that are used in the production of final products like aircraft.
The company's primary offering is a range of welding wires that are tailored to the specific requirements of their customers. These wires are designed to weld metals that are typically difficult to join together, such as certain series of aluminum. This is achieved by solving common issues like hot tearing and hot cracking, which are types of defects that can occur during the welding process.
Fortius Metals operates in the advanced manufacturing market, serving clients in high-impact industries that require strong, lightweight fabrication. Their business model is straightforward: they produce the wire, and their clients design and fabricate their parts. Clients can either purchase the wire to make their parts or engage Fortius Metals to build their prototypes. The company also offers process consulting for challenging builds.
In summary, Fortius Metals is a pioneering company that develops innovative alloys for fabrication, providing next-generation solutions for large format metal 3D printing and robotic welding.
Keywords: Fortius Metals, Welding Wire, Metal 3D Printing, Robotic Welding, Elementum 3D, Powder Bed Fusion Additive Manufacturing, Aerospace OEMs, Aluminum Alloys, Prototype Building, Process Consulting.