Lockheed Invests in On-Demand Manufacturing Pioneer Machina Labs
LOS ANGELES—Lockheed Martin Ventures, the venture capital arm of Lockheed Martin Corp., is investing in Machina Labs, a start-up company developing technology that combines AI and robotics to rapidly manufacture advanced sheet metal products.
This latest funding brings the total raised by Machina Labs to $21.8 million. The investment will be used to accelerate company growth to meet customer demand, and to expand R&D into additional processes and metallurgical offerings.