Moog and ST Aerospace will collaborate on the 3D printing of aircraft parts to leverage Moog’s VeriPart® solution – a blockchain-enabled point-of-use, time-of-need digital supply chain solution – and ST Aerospace’s capabilities in 3D printing design, fabrication and certification. The collaboration aims to develop additive manufacturing technology with digital transaction capability to bring about greater efficiency and security in aftermarket services. The result will optimize supply chain improvements within military and commercial aerospace markets, while meeting trade compliance regulations.
Recently, Moog and ST Aerospace successfully conducted a trial to demonstrate the value of a total digital transaction. The demo involved the purchase and settlement of an aircraft part whereby ST Aerospace purchased a digital design from Moog and printed the part at its facility in Singapore. As part of the transaction, the settlement was instantaneously completed via a smart contract using blockchain technology. The transaction was processed by VeriPart which was enabled by Microsoft’s Azure Blockchain.
“The supply chain of the future will be built on a strong collaborative foundation of likeminded companies,” said George Small, Chief Technology Officer at Moog. “Our combined efforts will lay the groundwork for the redesign of global supply chains, creating new possibilities for our customers in the aerospace market and beyond.”
“We are pleased that ST Aerospace is able to provide strategic partnerships to Moog and other OEMs through our demonstrated ability to design, fabricate and certify 3D-printed parts using our network of 3D printers. Our comprehensive quality system and extensive global footprint will also come into play to help design a smart digital supply chain that benefits the industry,” said Mr Lim Serh Ghee, President of ST Aerospace.
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