SCI Engineered Materials Stock

SCI Engineered Materials, Inc. operates as a supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin film applications worldwide.

The company focuses on markets within the PVD industry, including Aerospace, Defense, Glass, Optical Coatings, and Solar. All revenues are generated from customers with multi-national operations. The company develops innovative customized solutions enabling commercial success through collaboration with end users and Original Equipment Manufacturers. The company's customers need its materials to produce nano layers of metals and oxides for advanced material systems.

The company and its customers are continually identifying new materials that improve the utility of optical coatings. The company supplies target materials to the roll-to-roll coating industry. Roll-to-roll PVD coating is an emerging market in which intermediate manufacturers use the company's advanced materials to coat flexible substrates for a wide range of applications. The company continues to invest in developing new products for SCI's chosen markets with emphasis on accelerating time to market.

Marketing and Sales

The company continues to expand its global marketing reach. It uses various distribution channels for specific end markets through direct sales by its employees and manufacturers' representatives for international markets. The company has manufacturer's representatives in the Chinese, Korean, and Taiwanese markets. Also, the internet provides tremendous opportunities for the company to reach new customers with compatible product needs. Its corporate website is www.sciengineeredmaterials.com.

Ceramics: The company produces ceramic powders via several different processing techniques, including solid state and precipitation. Most of its products are manufactured from component chemicals and metal oxides supplied by various vendors.

Metals: The company produces metal sputtering targets and backing plates. The company has continually added production processes and testing equipment to enable it to manufacture and qualify many product compositions that can be used as PVD applications by end users and Original Equipment Manufacturers.

Suppliers

Principal suppliers in 2022 were Johnson Matthey, Rhenium Alloys, and Six Nine Metals.

Research and Development

For the year ended December 31, 2022, the company's research and development expense included $375,728.

Intellectual Property

The company's patent titled Process for the removal of contaminants from sputtering target substrates (US Patent No. 10,138,545 B2) was issued on November 27, 2018. This provides a process for the removal of contaminants on a spent sputtering target used in Plasma Vapor Deposition.

The company has the rights to multiple patents for technology related to the application of Zinc Oxide based Transparent Conductive Oxide in Displays. Its patent titled Display having a transparent conductive oxide layer comprising metal doped zinc oxide applied by sputtering (US patent No. 9,927,667) was issued on March 27, 2018; a related patent having the same title was issued on April 7, 2020 (US Patent No. 10,613,397), and it has a corresponding patent issued in Sweden. The transparent conductive oxides the company developed in these patents have electro-optical performance, high transmittance, high conductivity, and good chemical resistance. These patents have various applications that include LCDs, micro-LED, OLED, smart windows and mirrors, AR/VR goggles, e-papers, and wearable electronics. Its clients, in relevant applications, are entitled to use the patent number when referring to the devices covered by the patent.

The company also has an additional patent application pending in the US Patent and Trademark Office relating to specific technology that protects its processes used in achieving superior bonding in planar and rotatable targets, which the company intend to prosecute to issuance.

Competition

The company has several domestic and international competitors in the ceramic and metal fields, including Vacuum Engineering & Materials, Process Materials, Inc., and Materion, who also supply targets.

Environmental Matters

The company handles all materials according to federal, state, and local environmental regulations and include Safety Data Sheets (SDS) with all shipments to customers.

History

The company, an Ohio corporation, was founded in 1987. It was incorporated in 1987. The company was formerly known as Superconductive Components, Inc. and changed its name to SCI Engineered Materials, Inc. in 2007.SCI Engineered Materials, Inc. operates as a supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin film applications worldwide.

The company focuses on markets within the PVD industry, including Aerospace, Defense, Glass, Optical Coatings, and Solar. All revenues are generated from customers with multi-national operations. The company develops innovative customized solutions enabling commercial success through collaboration with end users and Original Equipment Manufacturers. The company's customers need its materials to produce nano layers of metals and oxides for advanced material systems.

The company and its customers are continually identifying new materials that improve the utility of optical coatings. The company supplies target materials to the roll-to-roll coating industry. Roll-to-roll PVD coating is an emerging market in which intermediate manufacturers use the company's advanced materials to coat flexible substrates for a wide range of applications. The company continues to invest in developing new products for SCI's chosen markets with emphasis on accelerating time to market.

Marketing and Sales

The company continues to expand its global marketing reach. It uses various distribution channels for specific end markets through direct sales by its employees and manufacturers' representatives for international markets. The company has manufacturer's representatives in the Chinese, Korean, and Taiwanese markets. Also, the internet provides tremendous opportunities for the company to reach new customers with compatible product needs. Its corporate website is www.sciengineeredmaterials.com.

Ceramics: The company produces ceramic powders via several different processing techniques, including solid state and precipitation. Most of its products are manufactured from component chemicals and metal oxides supplied by various vendors.

Metals: The company produces metal sputtering targets and backing plates. The company has continually added production processes and testing equipment to enable it to manufacture and qualify many product compositions that can be used as PVD applications by end users and Original Equipment Manufacturers.

Suppliers

Principal suppliers in 2022 were Johnson Matthey, Rhenium Alloys, and Six Nine Metals.

Research and Development

For the year ended December 31, 2022, the company's research and development expense included $375,728.

Intellectual Property

The company's patent titled Process for the removal of contaminants from sputtering target substrates (US Patent No. 10,138,545 B2) was issued on November 27, 2018. This provides a process for the removal of contaminants on a spent sputtering target used in Plasma Vapor Deposition.

The company has the rights to multiple patents for technology related to the application of Zinc Oxide based Transparent Conductive Oxide in Displays. Its patent titled Display having a transparent conductive oxide layer comprising metal doped zinc oxide applied by sputtering (US patent No. 9,927,667) was issued on March 27, 2018; a related patent having the same title was issued on April 7, 2020 (US Patent No. 10,613,397), and it has a corresponding patent issued in Sweden. The transparent conductive oxides the company developed in these patents have electro-optical performance, high transmittance, high conductivity, and good chemical resistance. These patents have various applications that include LCDs, micro-LED, OLED, smart windows and mirrors, AR/VR goggles, e-papers, and wearable electronics. Its clients, in relevant applications, are entitled to use the patent number when referring to the devices covered by the patent.

The company also has an additional patent application pending in the US Patent and Trademark Office relating to specific technology that protects its processes used in achieving superior bonding in planar and rotatable targets, which the company intend to prosecute to issuance.

Competition

The company has several domestic and international competitors in the ceramic and metal fields, including Vacuum Engineering & Materials, Process Materials, Inc., and Materion, who also supply targets.

Environmental Matters

The company handles all materials according to federal, state, and local environmental regulations and include Safety Data Sheets (SDS) with all shipments to customers.

History

The company, an Ohio corporation, was founded in 1987. It was incorporated in 1987. The company was formerly known as Superconductive Components, Inc. and changed its name to SCI Engineered Materials, Inc. in 2007.