Formetrix appoints new CEO, announces move to new headquarters
The company spun off from the AM business arm of NanoSteel in August 2018.0
Additive manufacturing company Formetrix recently announced Scott Pearson as its new CEO and its move into a new headquarters within the greater Boston area in March.
Spun off from NanoSteel’s AM business arm in August 2018, Formetrix is known for developing high-performance steel alloys for powder bed fusion, binder jet, and direct laser deposition processes
“I am excited to join the Formetrix team and to lead the organization as we target the opportunities that exist in the 3D printing market today for our world-class, steel alloys as well as the new opportunities that our unique technologies will enable,” said Pearson. “I am also looking forward to the opening of our new, state-of-the-art facility in the coming months. The new capabilities enabled by this facility will allow our team to innovate and operate more quickly and effectively for our customers.”
Prior to Formetrix, Pearson worked for six years as President and CEO of Aquion Energy, advanced batteries and storage systems. He has 25 years worth of experience working with technology-based companies within a range of industries, including uninterruptible power systems, fuel cells, electric vehicles, stationary energy storage, and defence systems amongst other things.
“We are thrilled to attract someone of Scott’s calibre and experience to lead Formetrix as we enter our next phase of growth,” said K. Leonard Judson, a Formetrix Director and the President and Managing Director of Cycad Group. “Scott is the ideal person to drive the company’s growth and operational strategies, to establish mutually beneficial partnerships with industry and customers, and to establish the company as a leader in the rapidly developing additive manufacturing material space.”