
Amastan Technologies
25 Commerce Way, Unit 1, North Andover, MA, 01845, United States
Overview
Amastan Technologies uses proprietary advanced plasma processing and a continuous UniMelt™ process to produce engineered ceramic, metal and composite materials to exact specifications. The company focuses on critical materials for silicon wafers, LED lighting, industrial 3D printing powders, advanced batteries and thermal coatings. It is ISO 9001 certified and produces over one million pounds annually of its Ty-Gem™ titanium alloying compacts. In conjunction with its recent fundraising, Amastan acquired AL Solutions to integrate refined titanium materials and metal handling processing capabilities. The company plans investments in the Pittsburgh area to expand Ty-Gem™ production capacity and build a new additive manufacturing metal powders facility. Rebranded as Amastan Additive, it intends to launch a line of premium powders for the metal additive manufacturing market in late 2019. Aaron Bent, PhD, leads the company and AL Solutions’ CEO Frank Roberts has been named President of Amastan. Amastan commercializes the UniMelt plasma platform to manufacture advanced powders and nanomaterials for applications including silicon wafers, LED lighting, industrial 3D printing powders, advanced batteries, and thermal coatings. Its UniMelt system uses a uniform plasma core operating at about 6,000 degrees to collapse multi-step, hours-to-days processes into a single, low-waste step often taking less than one second. The company emphasizes lower cost and reduced resource impact while enabling engineered "designer" material properties not achievable with conventional routes. Recent financing will fund expansion of commercial partnerships, increased production capacity through new equipment and systems, growth of the engineering team, and exploration of new application areas for the proprietary technology. The company announced board appointment of Mark Little, PhD, a Material Impact venture partner and former GE CTO, concurrent with the round.
- Total raised
- $25M
- Funding rounds
- 3
- Latest round
- Series B
- Latest activity
- May 2019
Industries
- Biotechnology
- Information Technology
- Market Research
Recent funding
Series B
May 2019
$11M
Debt Financing
Oct 2017
$2M