The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Product Development Engineer Jigar Patel works with a CAD image of a thrust reverser cascade in development at Oxford Performance Materials Inc., the maker of more than 600 parts to be used on Boeing's new Starliner manned spacecraft, in South Windsor, Connecticut, the maker of more than 600 parts to be used on Boeing's new Starliner manned spacecraft, in South Windsor, Connecticut, U.S., January 31, 2017. REUTERS/Mike Segar
Boeing Co has hired a small company to make about 600 3D-printed parts for its Starliner space taxis, meaning key components in the United States manned space program are being built with additive manufacturing.
The company, privately held Oxford Performance Materials, will announce a $10 million strategic investment from advanced materials company Hexcel Corp as early as Friday, adding to $15 million Hexcel invested in May and lifting Hexcel's equity stake to 16.1 percent, Oxford and Hexcel said.
Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access