DELAND, FL; March 17, 2021 – ARC Group Worldwide, Inc. (“ARC” or the “Company”),
in conjunction with its majority shareholder Quadrant Management, announced that
they have entered into an ownership investment into Veloxint CIF (“Veloxint”) to
enhance the development and commercialization of the nanocrystalline metal alloy
materials.
The agreement combines the 30 year powder metallurgy knowledge and sintering
expertise at ARC with the cutting edge nano-enabled powders produced by Veloxint.
ARC has begun the process of testing and commercializing the use of the Veloxint
powders for Metal Injection Molding (MIM). The unique nature of these materials
combined with the complex geometry offered by MIM has the potential to allow for
applications in a multitude of industries including Aerospace, Medical, Consumer,
Automotive and countless others.
To see the full Press Release, please click here
Contact:
Investor Relations
Phone: (303) 467-5236
Email: InvestorRelations@arcw.com