Sintavia announces strategic investment from Lockheed Martin
June 28, 2023
Sintavia, LLC, based in Hollywood, Florida, USA, has announced a direct investment from Lockheed Martin Corporation, headquartered in Bethesda, Maryland, USA. While the full terms were not disclosed, it is expected that the funding will support the continued development of Sintavia’s proprietary thermodynamic designs and components.
Sintavia designs and additively manufactures some of the most advanced mechanical systems used in flight applications today, including multi-circuit heat exchangers, complex thermodynamic chassis, and monolithic cooling pumps.
Sintavia and Lockheed Martin have a longstanding collaboration to expand research on metal Additive Manufacturing as an alternative to traditional design and manufacturing methods. In December 2022, the companies announced a strategic partnership to explore additional AM technology areas in connection with the White House initiative AM Forward – a voluntary compact aimed at strengthening US supply chains by supporting US-based suppliers’ adoption and deployment of AM.
Since 2019, Sintavia has been a component supplier to Lockheed Martin and currently maintains supply relationships across all four Lockheed Martin business areas. Components supplied by Sintavia support a number of key Lockheed Martin programmes, including the F-35 and F-22. Proceeds from the investment will be used to continue to fund additional development and testing at Sintavia.
“This investment not only cements the relationship between Lockheed Martin and Sintavia, but also demonstrates the fact that Sintavia’s thermodynamic components—optimised through additive technology—are sought after by the largest and most substantial prime integrators within the aerospace & defense industry,” stated Brian Neff, Sintavia’s founder and CEO. “Lockheed Martin represents the very best of these, and we are honored to have their backing as we continue to grow and expand our product line.”
“Lockheed Martin’s strategic investment expands our existing joint development agreement with Sintavia announced last December,” added David Tatro, vice president for Operations Process Transformation at Lockheed Martin. “We look forward to strengthening our collaboration on the design and supply of additively manufactured parts across the defense industrial base.”
