Key Takeaways
- Tethon 3D has acquired Fortify's advanced materials intellectual property
- The acquisition targets RF and defense applications, a strategic importance to countries worldwide
- Tethon 3D is a materials supplier for vat polymerization, offering ceramics, bioprinters, and advanced materials
- The company has been working on metal DLP since 2018 and had a partnership with Fortify since 2021
Introduction to Tethon 3D and Fortify
Tethon 3D, a leading materials supplier for vat polymerization, has acquired Fortify's advanced materials intellectual property. This acquisition is a significant move, as Fortify had previously received $12 million in funding from Lockheed Martin and a joint investment from Raytheon and Lockheed. Fortify had also sold a 3D printer to NASA's Glenn Research Center, demonstrating its capabilities in the field.
Strategic Importance of RF and Defense Applications
The acquisition targets RF and defense applications, which are of strategic importance to almost all countries worldwide. The ability to create and improve antennas, deny interference, and maintain operations is crucial in modern warfare. With the increasing use of drones in battlefield operations, RF communications and jamming have become a critical component. This acquisition is exquisitely timed, as it could significantly enhance Tethon 3D's capabilities in this area.
Comparison of Tethon 3D and Fortify
| Tethon 3D | Fortify | |
|---|---|---|
| Materials | Ceramics, bioprinters, advanced materials | Fiber-reinforced vat-polymerized parts |
| Applications | Vat polymerization, metal DLP | RF applications, electronics |
| Partnerships | Partnership with Fortify since 2021 | Funding from Lockheed Martin, joint investment from Raytheon and Lockheed |
| Products | Alumina Bison, metal DLP | 3D printer sold to NASA's Glenn Research Center |
Benefits of the Acquisition
The acquisition of Fortify's intellectual property will enable Tethon 3D to expand its capabilities in RF and defense applications. With its existing expertise in vat polymerization and metal DLP, Tethon 3D is well-positioned to leverage Fortify's technology to create innovative solutions for the industry.
Bottom Line
The acquisition of Fortify's advanced materials intellectual property by Tethon 3D is a significant move in the industry. With the increasing importance of RF and defense applications, this acquisition is exquisitely timed and could significantly enhance Tethon 3D's capabilities in this area. As a leading materials supplier for vat polymerization, Tethon 3D is well-positioned to leverage Fortify's technology to create innovative solutions for the industry, with a focus on ceramics, bioprinters, and advanced materials.