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Dutch-based Arceon raises €350K to further develop heat-resistant aerospace materials
Delft-based Arceon, a company developing Advanced Ceramic Matrix Composites (ArCMC) to improve materials and structures, announced on Friday, July 7, that it has raised €350K in a fresh round of funding. The investment came from Early Phase Financing powered by UNIIQ.
Arceon claims it will use the funds to expand the development and marketing of its heat-resistant materials. In combination with a number of pilot and launch clients, Arceon mentions it will commercialise a number of early products.