Materials Solutions Limited, based in Worcester, UK, has received a strategic investment from the Siemens’ venture capital unit (SVC).

‘I am extremely pleased that SVC has chosen to invest in Materials Solutions,’ said founder and CEO Carl Brancher. ‘I believe this investment validates Materials Solutions as the global technology leader in additive manufacturing of nickel superalloys.’

Since starting up in 2006, Materials Solutions has developed materials and manufacturing processes for laser powder bed additive manufacturing, particularly targeting gas turbine applications.

‘There are now strong signs that additive manufacturing will move into mainstream production for land and aero gas turbine components,’ said Ralf Schnell, CEO of the venture capital unit of Siemens. ‘Materials Solutions are outstanding in capability and experience and we will support their expansion.’

This story is reprinted from material from Materials Solutions Limited, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.