(CercleFinance.com) – Lockheed Martin Ventures, the venture capital arm of Lockheed Martin Corporation is investing in Machina Labs.
The investment will be used to accelerate business growth to meet customer demand, and to expand R&D into additional metallurgical processes and offerings.
‘With the investment from Lockheed Martin, we can accelerate the development of our Sheet Metal Roboforming to better meet the need of the defense industry and give the United States a competitive advantage in the speed of development of national security products. and defense.’ said Edward Mehr, CEO and co-founder of Machina Labs.
“Our goal is to operationalize and scale solutions quickly and efficiently so that the United States and its allies can stay ahead of emerging threats,” said Chris Moran, vice president and managing director of Lockheed Martin Ventures.
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