Perseus Materials, a venture-backed startup building the world’s fastest large-scale manufacturing system for composite parts, today announced the closure of a strategic investment by Lockheed Martin. Founded in 2022 by Stanford researchers, Perseus will begin expanding its team, fulfill its first customer orders, and grow its physical footprint.
“We’re not interested in making marginal improvements to 3D printing,” said Daniel Lee, CEO and Co-Founder of Perseus Materials. “The fabrication of large, complex, expensive, and time-consuming structures that drive manufacturing cycles require new approaches to engineering and design. That’s why Perseus has developed an entirely new method for additive manufacturing that shapes materials in ways previously thought impossible.”