Cambium Raises $100 Million to Enhance Advanced Materials Innovation and Production
Cambium Attracts Significant Investment for Material Innovation
Cambium, a trailblazer in the field of advanced materials for defense and aerospace, recently secured a substantial $100 million in Series B financing. This funding round was spearheaded by 8VC, with notable participation from various ventures, including MVP Ventures and Lockheed Martin Ventures. The inflow of capital is expected to facilitate Cambium's ambitious goals of accelerating its product pipeline and expanding manufacturing capabilities across the U.S. and Europe.
This strategic investment is poised to support Cambium's diverse customer base operating in aerospace, defense, energy, marine, and motorsport sectors, showcasing its commitment to meeting the ever-growing demands of high-performance material production.
Revolutionizing Material Discovery
Cambium stands out by employing cutting-edge technologies like AI and chemical informatics, enabling the company to discover and scale new monomers and polymers at an unprecedented speed—hundreds of times faster than conventional methods. This innovative approach not only revolutionizes how materials are developed but also enhances efficiency in production cycles.
Once the materials are formulated, Cambium leverages proprietary and aerospace-qualified assets to manufacture and test these materials in-house, allowing for rapid development feedback loops. This systematic approach ensures that Cambium is at the forefront of material science advancements, ready to supply innovative solutions for various applications.
Expanding Manufacturing Capabilities
The recent acquisition of SHD by Cambium marks a significant milestone, as it positions them to boast one of the largest production capacities for aerospace and industrial-qualified prepreg, film, and adhesive materials globally. Their facilities across the U.S., U.K., and Europe, supported by robust supply chains, allow Cambium to provide rapid turnaround times for prototypes and small-batch runs, fundamentally transforming the manufacturing landscape.
Cambium emphasizes supply chain security by ensuring that scaling takes place across identical manufacturing sites, thus protecting against disruptions. This method guarantees that customers can count on Cambium for high-quality materials with quick delivery times.
Product Versatility and Innovation
Cambium's diverse range of product offerings demonstrates its commitment to addressing various market needs. From ultra-high-temperature polymers to cutting-edge Thermal Protection Systems, Cambium has positioned itself to serve industries that demand nothing less than optimal performance under extreme conditions.
Among the most recent commercial launches is the ApexShield 1000™, designed to expedite the fabrication of carbon-carbon parts for applications such as solid rocket motors and hypersonic glide bodies. Moreover, Cambium's research and development team is actively working on machining-ready composite billets and advanced adhesives for vehicle structures, signifying a promising expansion of its material portfolio.
The company is also engaged with defense partners through contracts linked to key Programs of Record, reinforcing its status as an essential partner in the advanced materials domain for both commercial and military applications.
A Promising Future