Detroit Materials is an advanced materials firm founded in 2013, based in Michigan, U.S. The company's slogan "Empowering industries with innovative, cost-effective ultrahigh performance materials for demanding applications" reflects its dedication to bringing ultrahigh performance structural materials to market. Detroit Materials offers customizable high-strength low-alloy ferrous materials for challenging applications in the defense, off-highway, tooling, and transportation sectors. Their materials distinguish themselves by providing both cost and performance benefits compared to current high alloy options. The unique combination of material chemistry and manufacturing processes results in steel with around 40% lower material costs while maintaining properties similar to exotic alloys like boron, nickel, and cobalt steels. Notably, the last investment of $225.00K in the form of a grant investment was received on 20 June 2016. The investment was made by the National Science Foundation, adding prestige to the firm's backing.
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