Tekna Holding ASA

MaterialsSherbrooke, Quebec, CanadaFounded 1990· One of 986 Materials companies tracked by AMPulse

Produces high-purity metal powders for additive manufacturing and microelectronics, and develops inductively coupled plasma systems

CEO / Founder: Claude Jean
Team Size: 51-200
Stage: Public
Total Funding: Publicly Traded
Latest Round: Post-IPO
Key Investors: Arendals Fossekompani (AFK ASA); Arctic Securities; public shareholders on Oslo Stock Exchange

Technology & Products

Key Products

Metal powders (Titanium Ti-6Al-4V, Aluminum AlSiMg, Tungsten, Tantalum, Nickel nanopowder); Plasma spheroidization systems (Tek Sphero 15/40/80/200); Nanopowder synthesis systems (Tek Nano 15/40/80/200); Plasma atomization system; PlasmaSonic hypersonic wind tunnel

Technological Advantage

Patented inductively coupled plasma (ICP) torch technology with ceramic confinement tube and water film cooling; over 30 years of IP-protected plasma expertise; ability to produce ultra-high-purity spherical metal powders with controlled particle size distribution

Differentiation

Value Proposition

Vertically integrated provider of plasma-based metal powder production and plasma systems, with over 30 years of inductively coupled plasma (ICP) technology expertise

How They Differentiate

Vertically integrated plasma technology (designs and builds its own plasma systems); NADCAP-accredited as first AM powder producer; patented ICP torch technology; strong IP portfolio; blue-chip customer base including Boeing

Market & Competition

Target Customers

Aerospace, defense, medical device, and microelectronics manufacturers requiring high-purity spherical metal powders; research institutions and industrial users of plasma systems

Industry Verticals

Additive Manufacturing (3D printing), Aerospace, Defense, Medical, Microelectronics/Consumer Electronics

Competitors

AP&C (a GE Additive company); 6K Additive; Pyrogenesis

Growth & Milestones

Growth Metrics

Revenue (2025): ~$35.6M; Q1 2026 revenue CAD 9.9M (+2% YoY); second consecutive EBITDA-positive quarter in Q4 2025

Major Milestones

1990: Founded by Prof. Maher Boulos and Prof. Jerzy Jurewicz; 2020: First worldwide supplier qualified by Boeing for AM powders; 2021: Listed on Euronext Growth Oslo (NOK 750M private placement); 2022: Up-listed to Oslo Børs; 2024: Won patent dispute against AP&C at Federal Court of Canada; 2025: Received NADCAP accreditation (first AM company globally); 2025: Claude Jean appointed CEO; 2025: NOK 300M rights issue

Notable Customers

Boeing (first worldwide qualified AM powder supplier since 2020); leading aerospace OEMs; defense contractors; medical device manufacturers; microelectronics companies

https://www.tekna.com

Why this company matters

Tekna occupies a distinctive position as a vertically integrated producer of high-purity spherical metal powders for additive manufacturing and microelectronics. Unlike most powder suppliers that purchase external atomization equipment, Tekna designs and builds its own inductively coupled plasma (ICP) systems, giving it direct control over particle morphology, purity, and size distribution. This integration extends from plasma torch design to powder production, creating a technical moat that competitors relying on third-party equipment cannot easily replicate.

The company's core technology is its patented ICP torch, which uses a ceramic confinement tube and water film cooling to generate stable, high-temperature plasma. This system enables spheroidization of refractory metals like tungsten and tantalum, as well as production of titanium Ti-6Al-4V and aluminum AlSiMg powders for laser powder bed fusion (PBF-LB). Tekna also offers plasma atomization systems and nanopowder synthesis platforms, along with its Tek Sphero and Tek Nano series of production-scale equipment.

Tekna's primary customers are aerospace primes, defense contractors, medical device manufacturers, and microelectronics companies that require ultra-high-purity spherical powders. Boeing qualified Tekna as its first worldwide approved AM powder supplier in 2020, a milestone that opened the door to other tier-1 aerospace OEMs. The company also partners with Farsoon Technologies on Ti-6Al-4V powders for PBF-LB and has a supply agreement with Uniformity Labs for titanium and aluminum powders.

A key differentiator is Tekna's NADCAP accreditation for metallic powder manufacturing, the first such certification granted to an AM powder producer globally. This accreditation, combined with a 2024 patent dispute victory against AP&C at the Federal Court of Canada, reinforces its intellectual property position. However, competition from AP&C (a GE Additive company), 6K Additive, and Pyrogenesis remains intense, and Tekna's relatively small revenue base of approximately $35.6M in 2025 limits its scale advantages against larger diversified materials groups.