Hyperion Materials & Technologies

What Hyperion Materials & Technologies does

Hyperion Materials & Technologies is a privately held, KKR-owned global manufacturer of advanced hard materials — tungsten carbide powder, cemented carbide, synthetic diamond, and cubic boron nitride (CBN) — serving industrial OEMs in aerospace, automotive, defense, oil & gas, mining, metal packaging (can tooling), medical, electronics, and general manufacturing. The company operates an integrated value chain from raw powder production through sintering to finished precision components, with proprietary grade families (H10F, DZ10, DZ23, AM110, AM10F, cermet and submicron grades) and a portfolio of branded product lines including Compax PCD, BZN compacts, BORAZON abrasives, MBS diamond series, Versimax, and Talus clamping systems. Hyperion is also a leading precision-tooling supplier through its Precision Solutions business unit and offers closed-loop tungsten carbide recycling, additive manufacturing services, and the patented IQUT sensor-based rotary die-cutting platform.

The company distributes through a global direct enterprise sales force, regional sales offices across the Americas, EMEA, and Asia Pacific, local sales partners, and a customer-facing eShop. Pricing is quote-based with multi-year industrial contracts. Hyperion's operating model is a roll-up platform: since being carved out of Sandvik by KKR in July 2018, it has acquired AFC Hartmetall (2019), NanoDiamond Products, Crafts Technology, Sinter Sud, GLE Precision, and Aggressive Grinding Service (all 2021), Premium Diamond Solutions (2022), Dura-Metal (2023), Prism Technologies and TEMSA (2024), and has announced Electronica Tungsten (2026), giving it manufacturing and R&D facilities in the United States, France, Italy, Spain, and pending India. Headcount is reported at 1,001–5,000 employees; revenue is not publicly disclosed.

Name

Hyperion Materials & Technologies

Legal name

Hyperion Materials & Technologies, Inc.

Website

https://hyperionmt.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Hyperion Materials & Technologies is a KKR-owned global manufacturer of tungsten carbide, cemented carbide, synthetic diamond, and cubic boron nitride products, supplying aerospace, automotive, defense, oil & gas, mining, and can-tooling industrial customers worldwide.

Ownership category

akta.pro rank

Product category

Industrial Hard Materials and Tooling

NAICS

Turned Product and Screw, Nut, and Bolt Manufacturing (33272), Machine Shops (33271), Semiconductor and Other Electronic Component Manufacturing (33441), Hardware Manufacturing (33251)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Plastics Products, Nec (3089), Electronic Components, Nec (3679)

akta.pro primary industry

Engineering Plastics & Performance Resins (PC, PA, POM, PBT, PMMA) (IMAEADAI)

akta.pro secondary industries

Commodity Thermoplastics Resin Manufacturing (PE, PP, PVC, PS) (IMANAAAA), Fiber- & Mineral-Filled Reinforced Compounds (Glass/Carbon/Talc/CaCO3) (IMANABAI)

Keywords

• Cemented carbide materials
• Tungsten carbide products
• Polycrystalline diamond tools
• Cubic boron nitride abrasives
• Industrial wear components

Headquarters

HQ city

Worthington

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Hard Materials Product Sales: Hyperion generates revenue through the sale of tungsten carbide powder, cemented carbide products, synthetic diamond, and CBN abrasives. Products include carbide rods, PCD blanks, wear parts, tooling, and precision components sold to industrial manufacturers.
2. Precision Components and Tooling: Sale of finished precision components and custom tooling including can tooling, rotary cutters, wire dies, gear tool blanks, and wear parts for specific industrial applications.
3. Services (Recycling, Service Shop): Revenue from tungsten carbide recycling services and service shop offerings including regrinding and cutting services for customer tools.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Hyperion Materials & Technologies is a global manufacturer of advanced hard materials including tungsten carbide powder, cemented carbide, synthetic diamond, and cubic boron nitride (CBN). The company produces a broad portfolio of tooling products and precision components — carbide rods, PCD/PCBN blanks, wear parts, can tooling, oil and gas downhole components, defense penetrators, and abrasive powders — sold primarily to industrial manufacturers in aerospace, automotive, defense, oil and gas, metal packaging, medical, and general manufacturing.

Differentiator

Problem solved

Functional benefit

Brands

• Precision Solutions by Hyperion: Business unit that works directly with customers to design and produce finished, precision components from hard materials.

Products and services

• Abrasives Industrial diamond and cubic boron nitride (CBN) mesh and powder abrasives for grinding, polishing, and lapping applications. Includes Mesh CBN, Micron CBN, Synthetic Mesh Diamond, Micron Diamond, and Ultra Premium Micron Powder Diamond. Sold to industrial manufacturers and toolmakers.
• Can Tooling Tooling solutions for two-piece can manufacturing including cupper press, bodymaker, and necker tooling. Includes proprietary corrosion-resistant carbide grades such as DZ10 and DZ23 for draw and wall ironing (DWI) can lines.
• Carbide Rods Tungsten carbide rod blanks for drill bit and end mill manufacturing. Lines include High Performance, Application Specific, and General Purpose rods, including grades such as H10F combined with AFC Coolant Technology for drilling and milling.
• Carbide Rolls Tungsten carbide rings and rolls for rolling mill operations and metal forming. Sold to steel and metal forming customers.
• Defense Components Tungsten carbide armor-piercing cores and penetrators, cold forming tools, and machining components supplied to the US Department of Defense and Allied Nations.
• Diamond Compounds & Slurries Diamond compound pastes, slurries, and suspensions (including Hyperion Diamond Slurry) used for lapping, polishing, and finishing operations.
• Fluid Handling Components Fluid end parts and components, food processing components, and spray and dispensing parts made from cemented tungsten carbide for high-pressure and corrosive-service environments.
• Forming Tools Forming tool blanks, high-pressure high-temperature (HPHT) tools, and powder metallurgy compaction tooling and dies sold to industrial manufacturers.
• Gear Tool Blanks Cemented carbide blanks for gear cutting tools, including Hob Cutter Blanks, Bevel Stick Blade Blanks, and Skivit Power Skiving Blanks.
• Insert Blanks Custom cemented carbide insert blanks for cutting tool manufacturers.
• Oil & Gas Components Drill bits and downhole tool parts, rotary steerable system components, and flow control valves for oil and gas drilling, completion, and production operations.
• PCBN (Polycrystalline Cubic Boron Nitride) Polycrystalline cubic boron nitride blanks and cut tips, including BZN Compacts (full round blanks and cut tips) and Specialty Thick BZN, used for hard ferrous machining.
• PCD (Polycrystalline Diamond) Polycrystalline diamond (PCD) blanks and cut shapes including Compax PCD Tool Blanks, the Compax 2.0 SE grade (launched October 2020) for machining nonferrous materials, and the P-Series and U-Series PCD lines (launched November 2023) for the toolmaking industry.
• Ready-to-Press Powders Ready-to-Press tungsten carbide powders sold to carbide producers and tool manufacturers, including custom and standard grades.
• IQUT Intelligent Rotary Die Cutting Solution Patented rotary die cutter solution with embedded and external sensors that monitor cutting conditions, enable preventive maintenance, and optimize overall equipment effectiveness (OEE). Offered alongside rotary die cutter solutions, extensions, and services.
• Saw Tips and Blanks Saw blade carbide tip blanks and tungsten carbide strip blanks for metal cutting and woodworking saw blades.
• Wear Parts Cemented carbide and cermet wear parts including cold forming tools, electronic bonding tools, engine and transmission components, general engineered wear solutions, injection molding tools, medical wear parts, mining solutions, and precision measuring tools.
• Wire Dies Wire drawing dies and blanks including cemented carbide nib blanks, Compax PCD die blanks, DuraNib carbide nibs, Versimax, and 6UDPlus steel cord wire drawing grade.
• Tungsten Carbide Recycling Closed-loop tungsten carbide recycling service that recovers tungsten carbide tools and components for use as raw material, supporting sustainable supply and cost efficiency.
• Service Shop Regrinding and cutting services for customer tools, supporting tool life extension and reduced replacement cost.
• Additive Manufacturing Services Additive manufacturing services for cemented tungsten carbide, providing 3D-printed hard material components for industrial customers.
• Precision Solutions by Hyperion Custom engineering service that designs and produces finished precision components from hard materials directly for customers, consolidating Hyperion's precision components business unit.

Quantifiable outcome

• Lifetimes tripled with DZ10 grade compared to standard grades in can tooling applications
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• AFC HartmetallcoreTechnology or Integration · 1 December 2020AFC Hartmetall and Hyperion combined expertise to offer Hyperion Grade H10F Carbide Rods with AFC Coolant Technology, combining decades of expertise and innovation for drilling and milling applications.
• CRM SrlcoreStrategic or Co-development Partner · 10 September 2019Strategic partnership with Italian manufacturer CRM Srl to develop a cutting-edge, high-efficiency jet grouting system used in soil drilling. Combined decades of expertise in respective fields.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sandvik AB: Sandvik is the global leader in metal cutting tooling and cemented carbide products, and was Hyperion's former parent before selling it to KKR in 2018. Sandvik competes directly with Hyperion in carbide rods, wear parts, and mining/rock processing tooling across the same end markets.
• Kennametal Inc. Kennametal is a US-based leader in metalworking tooling and wear-resistant solutions, with deep cemented carbide and PCD/PCBN product lines. It competes head-to-head with Hyperion across aerospace, automotive, defense, oil & gas, and general industrial segments.
• Mitsubishi Materials Corporation: Mitsubishi Materials is a Japanese manufacturer with a hard-metal division producing cemented carbide inserts, rods, and PCD/PCBN blanks comparable to Hyperion's portfolio. It serves overlapping aerospace, automotive, and electronics customers, particularly strong in APAC.
• Element Six (De Beers Group): Element Six is the global leader in synthetic diamond and cubic boron nitride superabrasives, producing mesh diamond, micron diamond, and PCBN comparable to Hyperion's MBS, RVG, MBG, and BZN product lines. It serves overlapping oil & gas, machining, and grinding customers.
• Sumitomo Electric Hardmetal: Sumitomo Electric's Hardmetal division produces cemented carbide tools, inserts, and PCD/PCBN products competing directly with Hyperion's carbide rods, blanks, and superabrasive offerings. Particularly strong in Asian automotive and electronics markets.
• ILJIN Diamond: ILJIN Diamond is a Korean manufacturer of industrial synthetic diamond and CBN products, comparable to Hyperion's diamond and CBN abrasive product lines. Serves overlapping electronics, semiconductor, and precision machining customers in APAC.
• US Synthetic (part of DTI): US Synthetic is a leading manufacturer of polycrystalline diamond (PCD) cutters for oil & gas drilling, comparable to Hyperion's Compax PCD and downhole drill bit components. Both serve major oilfield service companies with fixed-cutters and rotary steerable tools.
• Tungaloy Corporation: Tungaloy is a Japanese cemented carbide and cutting tool manufacturer offering inserts, end mills, drills, and wear parts comparable to Hyperion's carbide rod and tooling product lines. Particularly relevant overlap in automotive and general metalworking segments.
• Iscar (IMC Group): Iscar is one of the world's largest metalworking tool manufacturers, producing carbide inserts, milling cutters, and turning tools. It competes with Hyperion across multiple industrial segments, particularly automotive and general machining.

Emerging players

• Guhring GmbH: Guhring is a German manufacturer of rotary cutting tools (drills, end mills, taps) with growing carbide and PCD offerings. It is a comparable peer in the drilling and milling segments where Hyperion's AFC Hartmetall and Sinter Sud carbide rods compete.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCJ32n-KcXOjoymhb-D9nVvA
• LinkedInlinkedin.com/company/hyperion-materials-and-technologies

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A11 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hyperion Materials & Technologies