Photo | Courtesy of Veloxint
February 25, 2020
Framingham’s Veloxint receives $5M grant for metal tech
Framingham startup Veloxint has received a grant to develop and scale next-generation nanocrystalline metal alloys.
The $5-million dollar grant (with nearly $4 million being funded by the U.S. Department of Energy Advanced Manufacturing Office) will fund the project for three years. During that time, an industrial-government-academic team consisting of GE Research, Oak Ridge National Laboratory, University of Kentucky, and Veloxint will conduct research into this new material.
“Nanocrystalline metal alloys represents the next frontier of lightweight, more durable metals crucial in transforming critical infrastructure like jet engines and power generation equipment that transport and power the world,” said Dr. Andy Detor, a principal scientist at GE Research. “We’re proud to be partnering with such an innovative startup like Veloxint, which is blazing new pathways with their unique nano-enabled technology.”
According to the release announcing the grant, Veloxint technology combines proprietary alloy and process design approaches to produce nano-enabled alloys that are lighter, stronger, and more heat resistant than current industrial metals. The startup is led by Professor Chris Schuh from the Massachusetts Institute of Technology and Alan Lund, co-founder of Marlborough material science company Xtalic Corp.
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