Fortius Metals funding round totals $5 million to bring next-gen wire to market

October 10, 2024

Fortius Metals provided welding wire used to produce the aluminium rocket engine nozzle used in this hot fire test at Marshall Space Flight Center (Courtesy NASA)
Fortius Metals provided welding wire used to produce the aluminium rocket engine nozzle used in this hot fire test at Marshall Space Flight Center (Courtesy NASA)

Fortius Metals, headquartered in Lafayette, Colorado, USA, has announced the successful closure of an additional $2 million in their Seed+ funding, bringing the total raised in the financing round to $5 million. The round includes the addition of new strategic investor Finindus, who joined after receiving clearance from the Committee on Foreign Investment in the United States (CFIUS). Previous investors include 412 Venture Fund, AM Ventures, and M7 Holdings.

Fortius Metals specialises in next-generation wire alloys for large-format Direct Energy Deposition Additive Manufacturing and robotic welding. The company’s patented technology produces high-performance metal alloys that meet the rigorous requirements of aerospace and defence customers. Fortius customers and partners include the US Army, Navy, Air Force, and NASA, as well as several defence primes and commercial space companies.

THE WORLD OF METAL AM TO YOUR INBOX
Subscribe to our twice-weekly newsletter
Register now

“Fortius Metals has received broad interest from customers and this investment helps bring new products to market, such as our proprietary 6061-RAM2 and 7075-RAM2 aluminium welding wires that solves traditional “hot cracking” problems,” said Jeff Lints, Fortius CEO. “We are helping our customers print designs using our robotic welding process expertise that were previously impossible. In 2025, the company looks forward to launching new wire alloys with advanced properties like IN625-RAM, 316LRAM, and 5183-RAM. We are proud to be a Colorado company along with many of our space and defence customers.”

The proprietary alloys developed by Fortius Metals reportedly offer up to twice the strength of current commercial solutions used in welding and Additive Manufacturing. This provides customers with significant advantages in terms of design performance, product quality, and weight reduction. The company also offers robotic welding process expertise and proprietary predictive toolpaths that deliver dimensional accuracy, helping customers bring innovative designs to life with unmatched precision. The additional capital will help to accelerate these developments and enable Fortius to meet the timelines of customers who are eager to adopt this technology.

“Fortius Metals is pushing the boundaries of wire-based Additive Manufacturing with their unique materials and process expertise. We are excited to support their mission to revolutionise the production of large and complex parts without compromising material performance. This partnership aligns perfectly with our commitment to fostering innovative and sustainable industrial technologies”, stated Roel Callebaut, Senior Investment Manager at Finindus.

www.fortiusmetals.com

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Aluminium Additive Manufacturing: How a new generation of alloys will fuel industry growth
  • Shaping a national Additive Manufacturing ecosystem: The strategic growth of metal AM in Türkiye
  • How metal Additive Manufacturing is transforming modern hydraulic systems
  • High-performance product development in the era of computational design: a case study with nTop and NASA
  • The Additive Manufacturing of record-breaking pure copper heatsinks for high-performance computing applications
  • The Additive Manufacturing of tool steels: how non-linear modelling enables precise hardness control

Join 40,000+ other AM professionals – follow us online

Don’t miss a thing – register for our newsletter

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Register now

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
Find suppliers

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap