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Sintavia receives strategic investment from Lockheed Martin Corporation

Aerospace additive manufacturing shopping continues for the US aerospace giant

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After participating, via Lockheed Martin Ventures, in the recent investment round for Agile Space, LM has made a direct equity investment in Sintavia, LLC, an additive designer and manufacturer of advanced thermodynamic components for aerospace & defense applications.

Sintavia’s products include some of the most advanced mechanical systems used in flight applications today, including multi-circuit heat exchangers, complex thermodynamic chassis, and monolithic cooling pumps. The terms of the investment, which was completed on June 27, 2023, were not disclosed.

“This investment not only cements the relationship between Lockheed Martin and Sintavia, but also demonstrates the fact that Sintavia’s thermodynamic components—optimized through additive technology—are sought after by the largest and most substantial prime integrators within the aerospace & defense industry,” said 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.”

Sintavia receives strategic investment from Lockheed Martin Corporation as aerospace AM shopping continues for the US aerospace giant
Standing in front of EOS’ 1,000th North American machine installation, an AMCM M 4K and Sintavia’s 17th EOS machine, are (left to right) Matthew Held, EOS Regional Sales Director, East; Andrew Snow, EOS SVP Sales and Marketing; Brian Neff, Sintavia Chairman & CEO; and Dr. Gregory Hayes, EOS SVP Applied Technology.

Sintavia and Lockheed Martin have a longstanding collaboration to expand the research of metal additive manufacturing (AM) opportunities 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,” launched by President Joe Biden in May 2022. AM Forward is a voluntary compact aimed at strengthening U.S. supply chains by supporting U.S.-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 programs, including the F-35 and F-22. Proceeds from the investment will be used to continue to fund additional development and testing at Sintavia.

“Lockheed Martin’s strategic investment expands our existing joint development agreement with Sintavia announced last December,” said 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.”

RBC Capital Markets, LLC acted as financial advisor and Alvarez & Diaz-Silveira LLP acted as legal counsel to Sintavia in connection with the transaction.

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Davide Sher

Since 2002, Davide has built up extensive experience as a technology journalist, market analyst and consultant for the additive manufacturing industry. Born in Milan, Italy, he spent 12 years in the United States, where he completed his studies at SUNY USB. As a journalist covering the tech and videogame industry for over 10 years, he began covering the AM industry in 2013, first as an international journalist and subsequently as a market analyst, focusing on the additive manufacturing industry and relative vertical markets. In 2016 he co-founded London-based VoxelMatters. Today the company publishes the leading news and insights websites VoxelMatters.com and Replicatore.it, as well as VoxelMatters Directory, the largest global directory of companies in the additive manufacturing industry.

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