Accelerated Research and Development to Advance Innovation for Critical Solutions for Defense, Energy and Aerospace Markets

MAYFIELD HEIGHTS, Ohio — (BUSINESS WIRE) — October 30, 2023 — Materion Corporation (NYSE: MTRN), a global leader in advanced materials solutions, has been awarded a $5 million contract from the United States Air Force Research Laboratory (US-AFRL) to expand its ongoing research and development of additive manufacturing, also known as 3D printing, for beryllium and aluminum-beryllium alloys. Expanding additive manufacturing capabilities for these specialized materials would enable significant advantages in the production and performance of optics structures, guidance systems, and thermal management applications used in defense and aerospace markets.

Additive manufacturing provides greater precision and efficiency in the production of lighter weight, complex components that could not be made via traditional processes. Combining these production benefits with the unique property attributes of beryllium would enable design optimization and increased equipment capabilities of optical systems as well as space-based connectivity and mobility technologies.

“Our additive manufacturing laboratory has demonstrated the viability of beryllium additive manufacturing, and we look forward to working with the US-AFRL to advance into a new phase of our research and development efforts,” said Clive Grannum, President, Materion Performance Materials. “With our long history innovating beryllium solutions, we have the expertise to operationalize these specialized manufacturing techniques for existing and new customers who need more complex components for their next-generation applications.”

The two-year US-AFRL contract will support the labor, material, and operating costs to develop processes for multiple deposition technologies in a safe and expandable environment as well as related support technologies for pre- and post- processing of powder and material inputs and structures and components.

About Materion

Materion Corporation is a global leader in advanced materials solutions for high-performance industries including semiconductor, industrial, aerospace & defense, energy and automotive. With nearly 100 years of expertise in specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, Materion partners with customers to enable breakthrough solutions that move the world forward. Headquartered in Mayfield Heights, Ohio, the company employs more than 3,700 talented people worldwide, serving customers in more than 60 countries.

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Investors:
Kyle Kelleher
(216) 383-4931
kyle.kelleher@materion.com

Media:
Jason Saragian
(216) 383-6893
jason.saragian@materion.com