Archive - Category: Press Release

Foundation Alloy Launches Molyclast™ MC1200, the Strongest Commercially Available Molybdenum Alloy

Boston, MA — Foundation Alloy is announcing the launch of Molyclast™ MC1200, the strongest molybdenum alloy ever commercialized. MC1200 is the latest in a new class of metals Foundation is pioneering that combines superior performance, versatility, and reliability with simple, clean, rapid manufacturing. MC1200 is up to 3x stronger than the current market leader, with exceptional room temperature ductility. This combination of strength and manufacturability unlocks entirely new engineering capabilities for a broad array of customers, including those in semiconductor manufacturing, aerospace and defense, and medical imaging. 

“With MC1200, Foundation Alloy takes a leap towards the ideal for refractory metals, unlocking persistent ductility in an alloy of very high strength,” said Dr. Christopher Schuh, Dean of Engineering and Applied Science at Northwestern, former Head of Materials Science and Engineering at MIT, and co-founder of Foundation Alloy. “This is the result of advancements in both formulation and processing together, the only way to realize the full promise of metals. MC1200 will not only redefine the current uses of refractory alloys, but also open new markets for them by eliminating multiple of their greatest limiting drawbacks.”

MC1200 delivers a unique combination of benefits that removes long-standing tradeoffs in materials selection. MC1200’s high strength doesn’t come at the expense of room temperature ductility, improving manufacturability and margin of safety in service. Likewise, engineers no longer have to choose between strength and high temperature performance. MC1200’s fully recrystallized microstructure delivers predictable strength from 25C to over 1500C, avoiding the embrittlement and precipitous property loss common in refractory alloys.

These advantages extend directly to manufacturing. Because MC1200 achieves its superior properties in the as-sintered state, components can be produced as near-net shapes. This enables true geometric freedom in part design, guarantees uniform performance in all dimensions — a first in the molybdenum market — and eliminates more than 60% of processing time and scrap in refractory component manufacturing.

MC1200 is processed using Foundation Alloy’s proprietary MetalsFIRST™ metallurgy platform, which eliminates melting and enables precise control over alloy chemistry and microstructure. This process produces a fully recrystallized part with grain sizes approximately 100× smaller than conventional molybdenum alloy components, contributing to MC1200’s high strength.

“MC1200 is the first in a new category of ultra-high performance metals that are simple to manufacture and scale,” said CEO Jake Guglin. “With MetalsFIRST™, we are breaking conventional alloy limits and putting new materials in the field in months, instead of years. Our customers are already benefiting from both the new capabilities and speed, and with the release of MC1200, we are proving yet again that we can push performance farther and faster than any other materials company in the world.”

MC1200 has moved beyond development, with Foundation Alloy manufacturing customer parts and validating performance through in-field testing. View the MC1200 data sheet here, or reach out for samples and purchasing inquiries at sales@foundationalloy.com, with deliveries available later this year.

About Foundation Alloy: Foundation Alloy is the 21st century metals company. Its MetalsFIRST™ technology enables faster and more capital-efficient production of groundbreaking new alloys for the industrial world. Backed by Material Impact, Engine Ventures, America’s Frontier Fund, Yamaha Motor Ventures, El Cap, and others, the company is reinventing the metals industry and reestablishing American manufacturing leadership. Learn more at www.foundationalloy.com.

Media: press@foundationalloy.com

Foundation Alloy and Re:Build Manufacturing Launch Engineering Partnership to Fast-Track Scale-Up and Automation

Boston, MA – 28 August, 2025 – Foundation Alloy, the advanced-materials company reinventing metals production for US industry, is excited to announce a strategic collaboration with Re:Build Manufacturing. The partnership centers on engineering and process development support as Foundation Alloy ramps up production of high-performance metals using its proprietary MetalsFIRST™ manufacturing platform.

As part of the engagement, Re:Build will work closely with Foundation Alloy’s technical team to support the commissioning, automating and operation of new production equipment. Through hands-on collaboration and embedded engineering support, the two teams will work together to identify opportunities for process optimization, increased efficiency, and scalable system design.

“Our team has demonstrated an entirely new frontier in metals technology, and real change is now in reach,” said Jake Guglin, CEO and Co-Founder of Foundation Alloy. “We need to scale with the same intensity, and Re:Build Manufacturing’s team is the best in the world at bringing real, efficient production operations to life. They will be invaluable partners in getting to the volumes needed to meet our customers’ needs.”

The initial phase of the partnership will focus on supporting Foundation Alloy’s proprietary mechanical alloying process, with the goal of developing a robust understanding of performance at the current scale and informing future improvements. Over time, the collaboration may expand to include production design refinement, automation strategies, and potential contract manufacturing support as Foundation Alloy scales operations to meet growing customer demand.

“High-tech manufacturing is the backbone of tomorrow’s economy, and it’s critical that we develop robust domestic capabilities to support the next generation of hard-tech innovations,” said Miles Arnone, CEO of Re:Build Manufacturing. “This collaboration with Foundation Alloy underscores the importance of building U.S. capacity for groundbreaking solutions in advanced materials production. These advanced materials will play a key role in the future of many US industries.”

This collaboration reflects both companies’ shared commitment to strengthening domestic manufacturing, reducing reliance on foreign supply chains, and accelerating the deployment of breakthrough industrial technologies.

About Foundation Alloy: Foundation Alloy is the 21st century metals company. Its MetalsFIRST™ technology enables faster and more capital-efficient production of groundbreaking new alloys for the industrial world. Backed by Material Impact, Engine Ventures, America’s Frontier Fund, Yamaha Motor Ventures, El Cap, and others, the company is reinventing the metals industry and reestablishing American manufacturing leadership. Learn more at www.foundationalloy.com.

Media Contact: press@foundationalloy.com

About Re:Build Manufacturing: Re:Build Manufacturing is dedicated to building a better future for its employees, customers, partners, communities, and shareholders through a new model of industrialization. The company is focused on revitalizing America’s manufacturing base and creating meaningful, sustainable jobs in areas that have been deindustrialized. Re:Build Manufacturing employs more than 1,100 people across multiple facilities across the country. For more information, visit: www.rebuildmanufacturing.com/

Media Contact: communications@rebuildmanufacturing.com

Foundation Alloy Debuts Molyclast™ — A New Standard in High-Performance Refractory Alloys

Boston, MA – 20 August 2025 – Foundation Alloy, the MIT spinout reinventing the metals industry, is announcing the launch of Molyclast™, a new generation of high-performance molybdenum alloys created using the company’s proprietary MetalsFIRST™ technology.

Molyclast™ alloys feature 100x finer grains than the current state-of-the-art and fully isotropic properties, creating advantages uniquely accessible through the MetalsFIRST™ platform. A simplified approach, MetalsFIRST™ eliminates extensive post-processing, hazardous hydrogen gas, and embrittling contamination common in traditional molybdenum part manufacturing. Produced faster and more cost-effectively, Molyclast™ parts exhibit as much as 60% increases in strength compared to their closest competitors and are compatible with advanced manufacturing methods like 3D printing. The result is unmatched engineering potential and supply chain efficiency to unlock new use cases for this material class.

“With Molyclast™, we’re introducing a new state-of-the-art for refractory alloys, which have long been considered the next frontier for engineering metals,” said Foundation Alloy CEO Jake Guglin. “It’s a testament to the power of our team and MetalsFIRST™ technology that in a year we went from first demonstration to launch – and this is just the start.”

Molybdenum alloys are prized in aerospace, defense, energy, and industrial applications for their strength, thermal and electrical performance, and stability at extreme temperatures. The Molyclast™ family advances this standard, and with the groundbreaking combination of superlative properties and streamlined processing are poised to create a fundamental upgrade in mission-critical components across industries. With 100% U.S.-based production, this advancing technology is already bringing high-value manufacturing back to American soil. 

Molyclast™ is the first in a series of breakthrough alloy classes that Foundation Alloy plans to introduce using the MetalsFIRST™ process, which integrates advanced powder metallurgy and sintering technologies to deliver next generation alloys without the development and production bottlenecks of the legacy metals industry. 

The company is currently engaging with select partners. Interested parties can contact sales@foundationalloy.com for samples, delivery timelines, and to discuss potential collaborations.

About Foundation Alloy: Foundation Alloy is the 21st century metals company. Its MetalsFIRST™ technology enables faster and more capital-efficient production of groundbreaking new alloys for the industrial world. Backed by Material Impact, Engine Ventures, America’s Frontier Fund, Yamaha Motor Ventures, El Cap, and others, the company is reinventing the metals industry and reestablishing American manufacturing leadership. Learn more at www.foundationalloy.com.

Media: press@foundationalloy.com

Foundation Alloy Named a 2025 Technology Pioneer by the World Economic Forum

Boston, MA – 23 June, 2025 – Foundation Alloy is proud to announce that it has been selected as a 2025 Technology Pioneer by the World Economic Forum. This prestigious recognition honors early-stage companies from around the globe that are shaping the future of industry and society.

Foundation Alloy is redefining how metals are made—engineering advanced alloys and manufacturing processes together to unlock new possibilities in product performance, supply reliability, and production efficiency. “Metals are the core input to the entire industrial ecosystem. If we want to build a more capable, resilient world, this is where new technology will have the biggest, and broadest, impact,” said Jake Guglin, CEO and Co-Founder of Foundation Alloy. “At Foundation, we have a fundamentally better approach to metallurgy that unlocks levels of performance and supply chain capability that will 10x industrial innovation over the next decade. Being named a Technology Pioneer is validation that the work we’re already doing with customers is just the beginning.” By combining advanced materials science, novel production methods and modern digital tools, Foundation is already delivering parts that meet the demands of today’s most challenging applications with far less time, energy and waste in production.

As a Technology Pioneer, Foundation Alloy will join a global cohort of startups committed to responsible innovation across sectors such as climate tech, artificial intelligence, advanced manufacturing, and beyond. This selection provides the company with a platform to engage directly with public and private sector leaders through the Forum’s global community and initiatives.

Learn more about the 2025 Technology Pioneers cohort here: https://wef.ch/techpioneers25

About Foundation Alloy: Foundation Alloy is changing the way metals are made. Proprietary alloy engineering and production processes enable faster, cleaner, more capital-efficient manufacturing of ultra-high performance metals for use in the energy, aerospace, automotive, and defense industries. Foundation Alloy’s groundbreaking process transforms raw materials into finished products using a novel powder-based, solid-state method that delivers precise atomic control, enabling entirely new metals engineering pathways. The company’s innovation is simultaneously reshoring U.S. metals production while reestablishing American manufacturing leadership. Founded in 2022, Foundation Alloy is backed by Material Impact, Engine Ventures, America’s Frontier Fund and others committed to the future of advanced manufacturing. For more information, visit: www.foundationalloy.com

About the World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. For more information, visit: www.weforum.org.

About Technology Pioneers: Launched in 2000, the Technology Pioneers community marks its 25th anniversary in 2025 as a leading platform for early-stage companies from around the world that are shaping the future through breakthrough technologies and innovations. These companies are selected for their potential to have a significant impact on business and society and are invited to engage with public and private sector leaders through the World Economic Forum’s global platform.

The Technology Pioneers community is part of the Innovator Communities within the Forum’s Centre for the Fourth Industrial Revolution. The Innovator Communities convene the world’s leading global start-ups across different growth stages from early-stage Technology Pioneers to growth-stage Global Innovators and unicorn companies valued at more than $1 billion.

Media Contact: press@foundationalloy.com

Foundation Alloy Raises Funding to Reinvent U.S. Manufacturing with New American-Made Metals

Breakthrough technology is bringing industrial metals production back to the U.S. – despite tariffs, trade wars, and global supply chain pressures

Boston, MA – 7 May, 2025 – Foundation Alloy, the Boston-based tech startup reinventing American manufacturing through next-generation metals, today announced new backing from Alumni Ventures, America’s Frontier Fund, Engine Ventures, El Cap, Material Impact, and Yamaha Motor Ventures. The investment will accelerate Foundation Alloy’s mission to replace traditional metals with ultra high-performing new materials—and to help restore U.S. manufacturing competitiveness despite rising tariffs and global supply chain pressures.

Spun out of MIT, Foundation Alloy has developed a breakthrough method for producing metals that are stronger, faster to manufacture, and dramatically more energy efficient. These advanced materials outperform global competitors with double the performance, net-zero emissions, 4x faster production, and 10x acceleration of product development.

“Metals are the core input to the entire industrial world, but the way we make them hasn’t changed in at least a century,” said Jake Guglin, CEO and co-founder of Foundation Alloy. “We are fundamentally changing how metals are made, boosting performance, cost efficiency, and speed of production. We’re also proving innovation can revive American industrial competitiveness. When you build what no one else can, the world comes to you.”

Early customers across the U.S., Japan, Germany, Switzerland, and Canada are already seeking to shift sourcing back to the U.S with Foundation. While trade wars, globalization, and supply chain fragility have weakened the American industrial base, Foundation Alloy offers a rare reversal-–proving reshoring is possible not through subsidies or tariffs, but by building superior products.

“The next industrial revolution won’t be led by software alone,” said Steve Weinstein, General Partner, America’s Frontier Fund. “It will be won by companies like Foundation Alloy—those whose innovations restore U.S. leadership in critical technologies. AFF is investing because advanced materials are a strategic pillar of national security and economic competitiveness.”

The metals industry was long overdue for disruption. According to MIT, most metal production processes haven’t changed in over five decades. This stagnation allowed the rest of the world to catch up in a sector the U.S. once dominated. Foundation Alloy is now putting America back out front with the world’s first fully solid-state metals technology, eliminating melting from production and enabling precision atomic engineering. This breakthrough achieves mechanical properties once thought impossible while dramatically improving development speed and manufacturing efficiency, giving customers unprecedented performance. The company is now piloting its proprietary alloys with leading customers in aerospace, defense, energy, and advanced manufacturing—industries demanding a step change in material performance.

“As an early customer of Foundation Alloy, we are seeing the unique value their products are driving for our company first-hand,” said Kei Onishi, CEO of Yamaha Motor Ventures. “Foundation Alloy stands to change the entire industrial landscape with their groundbreaking metals, while revitalizing American manufacturing. We’re proud to back them.”

This investment isn’t just about backing a company—it’s about backing a future where America leads by building smarter, faster, and cleaner than ever before.

About Foundation Alloy: Foundation Alloy is redefining the way materials get made—without the old industrial footprint. Its next generation, net-zero metals enable faster, cleaner, more cost-effective manufacturing across the energy, aerospace, automotive, and defense industries. With twice the performance at a fraction of the production time, Foundation Alloy’s breakthrough process transforms raw materials into finished products using a proprietary powder-based method that delivers higher performance and longer-lasting results. The company’s innovation is simultaneously reshoring U.S. metals production while reestablishing American manufacturing leadership. Established in 2022, Foundation Alloy is backed by Material Impact, Engine Ventures, Safar Partners and others committed to the future of advanced manufacturing. For more information, visit: www.foundationalloy.com  

Media Contact: PR@varnumstreetstrategies.com