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Announcement of Collaboration to Develop & Commercialize Revolutionary New Composite Technology

Atlanta, Ga (PRWEB) March 08, 2012

Slingshot Product Development Group and Élan Technologies are pleased to announce a collaboration to assist in the development & commercialization of an Élan Technologies revolutionary new patented composite technology. The new materials technology provide a combination of physical properties that rival or exceed the performance of pure carbon fiber composites whilst also offering a superior cost profile that is certain to attract the interest of: Military; Medical; Marine and Sports Equipment and Performance Consumer markets. The low density of the material leads to a reduced overall weight of components or products, while the very high single point impact resistance provides protection up to and including ballistic protective properties. This innovative technology is poised to redefine the market for any product that requires high strength at low weight with the added feature of enhanced impact protection.

The goal of the collaboration is to help companies with Innovation and New Product Development needs to benefit from the combination of Slingshot Product Development Group’s proven New Product Development processes, together with the rapidly evolving materials expertise and manufacturing technology of Élan Technologies.

Élan Technologies has long led composite development for the Autosport Industry and Specialty Aerospace applications. Recent patented developments in their advanced composites promise wider opportunities in areas including: Military; Security; Medical; Sporting Equipment and Performance Consumer applications, offering a new generation of materials with properties that exceed the performance of pure carbon fiber composites. Élan’s breakthrough now offers composite performance at a price-point within economic reach of companies, both small and large.

Slingshot Product Development is one of the largest providers of Innovation & New Product Development services in the South Eastern United States. The company provides services from conceptual design and development to volume production in markets that include: Military; Security; Medical; Professional and Consumer market sectors. The Slingshot team provides a unique range of skills that include: Industrial Design; Mechanical Engineering, Electrical Engineering, Biomedical Engineering, Technology Development, Chemistry, Material Science, and Manufacturing Engineering.

Noah McNeely, President and CEO of Slingshot commented: “The ever expanding needs of Slingshot’s client base have created a demand for this collaboration. We look forward to working with the staff of Élan Technologies to create unique solutions to existing and new market needs”. Steve Makin, General Manager of Élan Technologies added: “This relationship offers a perfect synergy in which both organizations do what they do best to serve a common customer from product concept to full production. We believe that both our businesses can grow significantly from this collaboration”.

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