Formetrix appoints new CEO and announces move into new headquarters
Formetrix, a developer of steel alloys for additive manufacturing processes, has announced Scott Pearson as its new CEO.
The company was founded in August 2018, after spinning out of NanoSteel’'s additive manufacturing business, and in March will move into a new headquarters in the greater Boston area. It works to develop and deliver metal powders compatible with powder bed fusion, binder jet, and direct laser deposition technologies.
Pearson has 25 years working with technology-based companies within a range of industries, including uninterruptible power systems, fuel cells, electric vehicles, electronics assembly equipment and materials, digital imaging, stationary energy storage, and defence systems. Before Formetrix, he spent six years as President and CEO of Aquion Energy, an advanced batteries and storage systems.
“We are thrilled to attract someone of Scott’s calibre and experience to lead Formetrix as we enter our next phase of growth,” commented 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.”
“I am excited to join the Formetrix team and to lead the organisation 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,” added 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.”