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Recently Funded|Amount: USD 580.0K|Industry: Machinery Manufacturing

Revolutionizing Composite Manufacturing: iCOMAT Secures $580,000 in Funding for Groundbreaking RTS Technology

iCOMAT

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11-50 employees employees (Est.)
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We are thrilled to announce that iCOMAT has successfully raised £580,000 in funding to further advance its groundbreaking Rapid Tow Shearing (RTS) technology. As a pioneering company originally spun out from the University of Bristol, iCOMAT has developed a patented manufacturing process that transforms the landscape of advanced carbon fibre composites. Our RTS technology is heralded as the world’s first defect-free fibre-steering process for composites, enabling not only the production of lighter and stronger components but also significant cost savings for industries such as aerospace, automotive, and marine. This latest funding will propel the development and commercialization of our innovative solutions, allowing us to enhance our technology platform and expand our reach into new markets. With the ability to place carbon fibres along curved paths without generating defects, our cutting-edge processes are set to redefine what is possible in automated composite manufacturing. By optimizing the mechanical properties of materials and utilizing composite materials efficiently, iCOMAT enhances structural performance while minimizing waste and production costs. As a leader in world-class composite manufacturing systems, the goal of this investment is to strengthen our capabilities, enabling us to bring next-generation products to our customers. We are excited about the opportunities that this funding presents and remain committed to delivering extraordinary performance enhancements in composite materials. The future of lightweighting solutions looks brighter than ever, and we are proud to be at the forefront of this transformative journey, pushing the boundaries of what composite materials can achieve.
July 29, 2024

Buying Signals & Intent

Our AI suggests iCOMAT may be interested in solutions related to:

  • Composite Materials
  • Manufacturing Equipment
  • Sustainable Technologies
  • Research and Development
  • Aerospace Technologies

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