Oxford Performance Materials has received a contract to deliver OXFAB structural production parts for Boeing‘s Crew Space Transportation-100 Starliner spacecraft.
OPM said Thursday it also secured an additional $10 million investment from composites manufacturing company Hexcel Corp. and will use the money in efforts to address a demand for OXFAB technology.
Hexcel has invested a total of $25 million in OPM to date, including an initial strategic investment worth $15 million in May 2016.
OPM’s aerospace and industrial business unit uses Hexcel’s carbon fiber to produce OXFAB-ESB advanced thermoplastic structural parts for aerospace, satellite and defense projects.
OXFAB is produced through three-dimensional printing and performance additive manufacturing technology.