Composites company Hexcel Corporation has invested in Oxford Performance Materials (OPM), which makes carbon fiber reinforced thermoplastic 3D printed parts for commercial aerospace and space and defense applications.
The investment is intended to advance the commercial application of this growing manufacturing technology to serve the aerospace market.
‘Aerospace adoption of reinforced manufactured parts using Hexcel carbon fiber is becoming a viable and meaningful design solution due to its performance and processing advantages,’ said Hexcel chairman, CEO and president Nick Stanage. ‘With the adoption of these lightweight, high-performing materials expected to accelerate, this is an ideal opportunity for our two companies to work together enabling faster product development and adoption for our customers.’
‘Hexcel’s investment in OPM will help enable us to further expand production capacity to meet rapidly growing market demand for our OXFAB [additive manufacturing] technology,’ said Scott DeFelice, OPM’s chairman and CEO. ‘In addition, this investment sets the stage for joint technology collaboration and business development efforts with Hexcel.’
This story is reprinted from material from Hexcel, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
