ARC Group Worldwide Announces Investment in Veloxint CIF

2021/04/02

(“ARCW or the “Company”), in conjunction with its majority shareholder Quadrant Management, announce that they have entered into an ownership investment into Veloxint CIF (“Veloxint”) to enhance the development and commercialization of the nanocrystalline metal alloy materials.

(“ARCW or the “Company”), in conjunction with its majority shareholder Quadrant Management, announce that they have entered into an ownership investment into Veloxint CIF (“Veloxint”) to enhance the development and commercialization of the nanocrystalline metal alloy materials.

The agreement combines the 30-year powder metallurgy knowledge and sintering expertise at
ARC with the cutting-edge nano-enabled powders produced by Veloxint. ARC has begun the process of testing and commercializing the use of the Veloxint powders for Metal Injection
Molding (“MIM”). The unique nature of these materials combined with the complex geometry offered by MIM has the potential to allow for applications in a multitude of industries, including Aerospace, Medical, Consumer, Automotive, and countless others.

ARC is finalizing production protocols on the two alloys that Veloxint recently moved to full-scale
production. The first alloy, Veloxint Fortified Chrome (VFC), has high strength and stiffness to
weight ratios as well as extreme corrosion and wear resistance. The second alloy, Veloxint Hard
Metal (VHM), is a tungsten-based alloy that joins hardness, toughness, and high-temperature
stability. Given ARC’s history with chrome superalloys used in aerospace applications and its full-scale production use of MIM tungsten for medical and defense industries, these nano-enabled materials complement ARC’s technical processing expertise.

BY: BY Yahoo! finance

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