FORMALLOY TECHNOLOGIES INC

Spring Valley, CA · Founded 2019 · Aerospace · Private

Directed Energy Deposition (DED) systems for metal additive manufacturing, cladding, and repair

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Updated · formalloy.com

Sector
Aerospace
Headquarters
Spring Valley, CA
Founded
2019
Latest Form D
$2M, Jul 2019
Total capital
$8.6M
Federal grants
$1.2M
3 awards · 2019–2020
Rank in peer group#63 of 82
Private capital raised
$2M
1 Form D · last Jul 2019
87 months since last filing
Federal contracts
$5.4M
7 awards · Defense, Energy, NASA
Rank in Aerospace#321 of 1335
Granted patents
5
3 pending · first 2022
Rank in peer group#11 of 82

Capital timeline

20192020202120222023202420252026FEDERAL ↑EQUITY ↓Cumulative $8.6M$998K$1.8M$866K$1.1M$451K$1.0M1st Form D$2M
2019202120232025FEDERAL ↑EQUITY ↓Cumulative $8.6M$998K$1.8M$1.1M$1.0M1st Form D$2M

Latest events

  • Federal contractDefense · Progress Report #1$1.0M
  • Federal contractNASA · Ded GRX-810 Study$18K
  • Federal contractDefense · Research And Development$175K
  • Federal contractDefense · Embedded Entrepreneurship Initiative (eei)$451K
  • Federal contractEnergy · Ira Funded Dual Wire And Powder Fed Directed Energy Deposition Additive Manufacturing Machine$1.1M
  • Federal contractDefense · Formalloy Ded 3D Metal Printer$866K
  • Federal contractDefense · New Darpa SBIR Phase II Contract Entitled, "directed Energy Deposition Additive Manufacturing (am) Functionally Graded Material (fgm) Components"$1.8M
  • Private capital raisedForm D · SEC · 1st filing$2M
Show 3 earlier federal awards
  • Federal grantNASA · Phase I · Data-Driven Modeling of Directed Energy Deposition (DED) for Defect-Free Builds using Real-Time Monitoring Approaches$125K
  • Federal grantDefense · Phase II · Metal Additive Manufacturing to Build and Repair High-Value Copper Components$998K
  • Federal grantDefense · Phase I · Open Call for Innovative Defense-Related Dual-Purpose Technologies/Solutions with a Clear Air Force Stakeholder Need$42K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 82 peers

Line = median

Aerospace · Device

  • Federal grantsBelow median
  • Granted patents#11 · top 13%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants
  • Jeffrey RiemannResearcherExecutive Officer, DirectorLinked by 5 patents
  • Melanie LangResearcherExecutive Officer, DirectorLinked by $1M in grants as PI

What it has protected

USPTO · 5 granted of 8
Show all 8 patent records
  • E BEAM INCSimilar federal contract value in Aerospace · $5.5M in contracts
  • AERODYNAMIC SOLUTIONS, INC.Similar federal contract value in Aerospace · $5.5M in contracts
  • CATENI INCSimilar federal contract value in Aerospace · $5.5M in contracts
  • BRAYTON ENERGY LLCSimilar federal contract value in Aerospace · $5.4M in contracts
  • EBERT COMPOSITES CORPORATIONSimilar federal contract value in Aerospace · $5.3M in contracts
  • MINDRUM PRECISION INC.Similar federal contract value in Aerospace · $5.3M in contracts

Regulatory activity · Aerospace

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .