Source: Benzinga

Concurrent Technologies: Concurrent Technologies Corporation Awarded $4.3 Million Option by Defense Logistics Agency to Advance 3D Printed Sand-Casting Mold Technology

Johnstown, PA, May 30, 2025 (GLOBE NEWSWIRE) -- The Defense Logistics Agency (DLA) has awarded Concurrent Technologies Corporation the first option period to a prime contract to demonstrate the practicality of producing obsolete critical castings through 3D printed sand-casting mold technology. In addition, the project will further develop the science and technology of 3D printed sand-casting molds. CTC is working with subcontractor ExOne Operating, LLC, a subsidiary of Desktop Metal, as well as DLA, and metal casting foundries on the project.This project originated several years ago with the identified need for a cost-effective and rapid method to produce outdated yet critical metal castings for the Department of Defense. These castings have been challenging to source ...Full story available on Benzinga.com

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Est. Annual Revenue
$5.0-25M
Est. Employees
250-500
Edward J. Sheehan's photo - President & CEO of Concurrent Technologies

President & CEO

Edward J. Sheehan

CEO Approval Rating

51/100

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