Skip to main content

QuesTek Innovations

SoftwareEvanston, Illinois, USAFounded 1997· One of 354 Software companies tracked by AMPulse

QuesTek is a materials science company that designs and develops novel materials using its proprietary Integrated Computational Materials Engineering (ICME) technologies and ICMD® software platform.

CEO / Founder
Aziz Asphahani, Ph.D.
Team Size
11-50
Stage
Active
Total Funding
$9.89M
Latest Round
Grant

Technology & Products

Key Products

QuesTek utilizes its proprietary Integrated Computational Materials Engineering (ICME) platform and ICMD® software to design and develop novel materials. This includes a new burn-resistant nickel superalloy for 3D printing in extreme environments for the aerospace industry.

Technological Advantage

The company's core advantage is its ability to accelerate the materials development lifecycle from years to months. This provides a significant time-to-market and cost advantage, enabling the creation of novel alloys with optimized properties for specific, demanding applications.

Differentiation

Value Proposition

QuesTek's 'Materials by Design®' approach significantly reduces the time and cost of developing new, high-performance materials, enabling clients to innovate faster and create products with superior performance characteristics.

How They Differentiate

QuesTek's primary differentiation lies in its proprietary Integrated Computational Materials Engineering (ICME) platform, ICMD®. This platform, combined with their 'Materials by Design' methodology, allows for the predictive, rapid design and development of novel materials with specific, desired properties. Their deep expertise is validated by a long and successful track record of deploying high-performance alloys for demanding applications in aerospace, defense, and consumer electronics.

Market & Competition

Target Customers

Companies in high-performance industries requiring advanced materials, including aerospace, defense, space, automotive, medical, and consumer electronics.

Industry Verticals

["Aerospace/Defense","Space","Automotive","Industrial","Medical","Consumer Electronics"]

Competitors

Citrine Informatics; Pandat Software; Schrödinger (Materials Science division)

Growth & Milestones

Growth Metrics

The company has demonstrated sustained profitable growth and is expanding its global reach and software subscription base through strategic partnerships and mergers.

Major Milestones

["Successfully designed and deployed numerous novel alloys, including Ferrium® S53®, the first steel to be computationally designed from scratch.","Developed a high-performance, corrosion-resistant steel alloy used in the Apple Watch.","Established a joint venture with ITOCHU Techno-Solutions Corporation (CTC) to expand into the Japanese market in 2020.","Partnered with SpaceX to develop advanced alloys for next-generation rocket engines.","Completed a merger with Materials Design, Inc. in 2024 to expand its software capabilities."]

Notable Customers

NASA; US Navy; US Air Force; Apple; SpaceX

https://questek.com

Recent coverage of QuesTek Innovations

Why this company matters

QuesTek Innovations is a materials science company that uses its proprietary Integrated Computational Materials Engineering (ICME) platform and ICMD® software to design and develop novel high-performance alloys. Founded in 1997 and based in Evanston, Illinois, the company replaces traditional trial-and-error materials development with a predictive, physics-based approach that can reduce the development cycle from years to months.

The company's core technology, the 'Materials by Design®' methodology, enables the creation of alloys with optimized properties for specific applications. This includes a burn-resistant nickel superalloy designed for laser powder bed fusion (LPBF) in extreme aerospace environments. QuesTek's portfolio covers alloys for metal additive manufacturing, including a high-strength aluminum alloy and various steel and titanium grades tailored for AM processes.

QuesTek serves customers in aerospace, defense, space, automotive, medical, and consumer electronics. Named clients include NASA, the US Navy, the US Air Force, Apple, and SpaceX. The company's alloys have been deployed in products such as the Apple Watch and in next-generation rocket engines. A 2024 merger with Materials Design, Inc. expanded its software capabilities, and a joint venture with ITOCHU Techno-Solutions Corporation targets the Japanese market.

The company's strategic moat lies in its validated ICME platform and a track record of deploying computationally designed alloys into production. Key partnerships with Ansys, Thermo-Calc Software, and CBMM support its ecosystem. With over 30 patents granted or pending and sustained profitable growth, QuesTek holds a strong position in the computational materials design market, though it faces competition from Citrine Informatics and Schrödinger's materials science division.