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Tekna

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Tekna - Chemicals & Materials showcase

Year Founded & Workforce

1991

205 Employees

Industry

Chemicals & Materials

Services

Global Ultra-Fine Copper Powder (99.9999%) Market
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Tekna Overview

Company Headquarters: Quebec, Canada

Founded: 1991

Workforce: ~205

Company Working: Tekna headquartered at Canada, manufactures high purity, micron- and nano-sized metal powders for 3D printing in the automotive, aerospace, and medical fields, as well as highly efficient induction plasma systems for use in industrial research and manufacturing. The company creates materials for cutting-edge technologies including 3D printing, printed electronics, and batteries using a patented plasma torch method. There are four business segments that make up its operations various industrial fields, including additive manufacturing, metal injection moulding, thermal spray, hot isostatic pressing, aviation, aerospace, medical, mining and drilling, and microelectronics. Operational locations for the company include Norway, Canada, France, China, Korea, Japan, and India. The company's 30 years of expertise have equipped it with the know-how of a highly automated industrial process that produces innovative, high-quality powders with a high yield.

Strategy

Tekna aims to control the market for advanced materials on a worldwide scale. The company's goal is to create, market, and provide turnkey Plasma Systems while leveraging its expertise to produce and deliver high-quality industrial goods and services. The business is dedicated to implementing a culture of constant improvement, with excellence as the only goal. According to the organization, it is skilled and innovative, and its globally renowned solutions satisfy the demands of both the market and its partners. To ensure the success of the company as well as that of its partners, the company performs its work by making full use of its technological and human (resources) skills with honesty, transparency, and rigour.

Company Snapshot

$19.78M

Revenue

205

Employees

1991

Founded

Quebec, Canada

Headquarters

SWOT Analysis

Strengths

  • Historical market presence with established name and reputation.
  • Successful track record of developing new and innovative products

Weaknesses

  • Need more investment in new technologies. Given the scale of expansion and different geographies the company is planning to expand into
  • There are gaps in the product range sold by the company. This lack of choice can give a new competitor a foothold in the market

Opportunities

  • Strategic acquisitions to diversify the company's operations and product offering
  • Accelerated technological innovations and advances across the globe

Threats

  • Stable profitability has increased the number of players in the industry in the years
  • Raising concern over environmental threats caused by mining and processing activities.

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Key Developments

DateApproachDevelopment
–CollaborationTekna’s copper nanopowder as an antiviral agent in personal protective equipment to combat COVID-19: Tekna has announced a collaboration with the Université du Québec à Trois-Rivières (UQTR) to develop an antibacterial and antiviral fabric treatment. Tekna will supply its copper nanopowder, manufactured with its 30-year proven plasma technology. Furthermore, Tekna will bring cutting-edge expertise to develop copper-based antiviral solutions and related products against SARS-CoV-2.
–CollaborationAperam and Tekna are announcing the signing of an agreement for the creation of a joint venture to combine Aperam’s expertise in Nickel & Specialty Alloys with Tekna’s unique wire plasma atomization technology to pursue growth opportunities in Nickel and Specialty Alloy spherical powders for advanced additive manufacturing technologies.

Product Offering

  • Tekna
    • Global Ultra-Fine Copper Powder (99.9999%) Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 19.8 Mn in 2019 to USD 15.1 Mn in 2021.
Tekna — By Business Segment
Series (USD Mn)201920202021
Sales19.816.215.1

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