Wednesday, October 13, 2010

Good News At Magnatech

Magnatech has just been advised by NAVAIR that they may proceed to write a proposal to petition for a Phase II SBIR award. If accepted Magnatech will receive an award of $750,000 for two years to scale up and commercialize a process to carburize stainless and low alloy steel tailhooks. Magnatech has already applied for patent rights to the technology that has been developed. The process developed will provide a carburized surface of a given hardness for a given depth in less than half the time that is required by those using presently developed carburizing processes. Magnatech is currently contacting interested parties that require surfaces that require wear resistance regarding the usage of the newly developed technology.

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