Boeing Stock – Nikon Buys Majority Stake in Additive Manufacturing Company Morf3D
Nikon has purchased a majority stake in additive manufacturing company Morf3D for an undisclosed sum as part of efforts to drive growth in digital manufacturing and advance aerospace collaboration.
Yuichi Shibazaki, corporate vice president and general manager of Next Generation Project Division at Nikon, said in a statement published Tuesday Morf3D’s innovation pipeline, aerospace manufacturing capabilities and metal additive technology will help Nikon advance the industrialization of additive manufacturing and deliver next-generation platforms to clients worldwide.
In July 2019, Nikon formed the Next Generation Project Division to launch materials processing technologies and other growth businesses and pursue industrialization of digital manufacturing through strategic alliances and investments in companies.
Morf3D CEO Ivan Madera said Nikon’s investment and technology will help strengthen the company’s position in advanced manufacturing for the aerospace, defense and space markets.
El Segundo, California-based Morf3D helps customers address manufacturing and design challenges using its additive manufacturing experience and design and analytical tools.