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Tekna Plasma Systems

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Namestring
Tekna Plasma Systems
Websiteurl
tekna.com
Company typeenum
Private
Founded yearint
2015
Descriptiontext

Tekna Plasma Systems is a Canada-based public manufacturer and supplier of industrial-grade materials and services, founded in 2015 and headquartered in Sherbrooke, Quebec. The company operates in plasma-based industrial systems and advanced materials, serving industrial customers through equipment sales and related services. It is listed on the Oslo Stock Exchange under the ticker ose:TEKNA, reflecting a transition from privately funded operations to public capital markets, and employs 101–250 people.

The firm's reported revenues over the 2021–2025 period trend in the approximately $20M to $30M range, with a peak around 2023 (~$30.9M) followed by a contraction toward ~$25.9M in both 2024 and 2025. Operating income and EBITDA are negative across the disclosed window, consistent with a scaling-stage industrial business reinvesting in capacity, sales, and operational buildout rather than operating at steady-state margins. The leadership team is anchored by founder Maher Boulos, with regional commercial coverage of the Americas led by Steven Adler in a Plasma Systems Sales Director capacity.

Tekna's business model centers on selling plasma-based industrial systems and proprietary materials to manufacturing and industrial customers, with revenue mechanics tied to equipment units, recurring materials supply, and service contracts. The Sherbrooke, Canada footprint anchors operations, and public listing provides capital access for further geographic and product expansion. Input data does not disclose named end-customer logos, segment splits, geographic revenue mix, or pricing detail, limiting further granularity on go-to-market mechanics.

Short descriptiontext

Tekna Plasma Systems is a Sherbrooke, Canada-based public manufacturer of industrial plasma systems and advanced materials, serving industrial customers through equipment, materials, and related services under Oslo Stock Exchange ticker ose:TEKNA.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSherbrooke, Canada
HQ citystring
Sherbrooke
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
inductive plasma systems, metallic powder manufacturing, plasma atomization, nanopowder production, advanced industrial materials
Industry2 codes
1Welding & Plasma Power Supplies (Industrial welders, cutting power sources)
CodeIMAGADAIPrimaryYes
2High-Temperature Process Heat Electrification (E-Boilers, E-Furnaces, Induction, Plasma)
CodeEUABAJAAPrimaryNo
NAICS code1 code
  • Industrial Process Furnace and Oven Manufacturing333994
SIC code1 code
  • Industrial Process Furnaces & Ovens3567
Product category
Industrial Plasma Systems and Materials
Social media profiles2 records
Cost components5 values
Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Tekna Plasma Systems is a manufacturer and supplier of industrial grade materials and services, operating as a producer of plasma-based systems and related materials. The company, founded in 2015 and based in Sherbrooke, Canada, builds and delivers plasma system technology to industrial customers.

Differentiator
Functional benefit
Problem solved
Product and service2 records
1Plasma Systems
CategoryPlasma Systems
2Industrial Grade Materials and Services
CategoryIndustrial Materials
Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
1PyroGenesis Canada
TypeDirect peer
Description

Canadian plasma-technology company producing plasma torches and plasma-atomized metal powders for additive manufacturing; directly overlaps with Tekna in both plasma systems and advanced material powders.

2AP&C (Advanced Powders & Coatings)
TypeDirect peer
Description

A Colibrium Additive (GE) company producing plasma-atomized titanium and reactive metal powders for additive manufacturing, a direct competitor to Tekna's powder business.

3Carpenter Technology (Carpenter Additive)
TypeBroad incumbent
Description

Specialty alloy producer with an additive manufacturing powder business serving aerospace and industrial customers, overlapping with Tekna's material segment.

4Amazemet
TypeEmerging player
Description

Provides ultrasonic atomization equipment for producing metal powders for additive manufacturing, overlapping with Tekna's powder-production systems niche.

5Sandvik (Additive Manufacturing / Osprey powders)
TypeBroad incumbent
Description

Major producer of gas- and plasma-atomized metal powders for AM as part of a broad materials portfolio, competing in Tekna's powder markets.

6Praxair Surface Technologies (Linde)
TypeOthers
Description

Supplies thermal spray powders and coating materials and services; adjacent to Tekna in advanced materials for industrial and aerospace applications.

7Kymera International
TypeEmerging player
Description

Producer of specialty metal powders and materials used in additive and industrial applications, with partial overlap with Tekna's material portfolio.

8Hoganas AB
TypeBroad incumbent
Description

Global leader in metal powders serving many industries including additive manufacturing; overlaps with Tekna's materials offering at far larger scale.

9ATI Inc.
TypeBroad incumbent
Description

Specialty materials and titanium powder producer for aerospace additive manufacturing, a larger incumbent with overlapping powder offerings.

106K Inc.
TypeDirect peer
Description

Uses microwave plasma to produce high-performance metal powders for additive manufacturing and batteries, competing directly with Tekna in plasma-based powder production.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Tekna Plasma Systems

Industrial Plasma Systems and Materialstekna.com

Tekna Plasma Systems is a Sherbrooke, Canada-based public manufacturer of industrial plasma systems and advanced materials, serving industrial customers through equipment, materials, and related services under Oslo Stock Exchange ticker ose:TEKNA.

What Tekna Plasma Systems does

Tekna Plasma Systems is a Canada-based public manufacturer and supplier of industrial-grade materials and services, founded in 2015 and headquartered in Sherbrooke, Quebec. The company operates in plasma-based industrial systems and advanced materials, serving industrial customers through equipment sales and related services. It is listed on the Oslo Stock Exchange under the ticker ose:TEKNA, reflecting a transition from privately funded operations to public capital markets, and employs 101–250 people.

The firm's reported revenues over the 2021–2025 period trend in the approximately $20M to $30M range, with a peak around 2023 (~$30.9M) followed by a contraction toward ~$25.9M in both 2024 and 2025. Operating income and EBITDA are negative across the disclosed window, consistent with a scaling-stage industrial business reinvesting in capacity, sales, and operational buildout rather than operating at steady-state margins. The leadership team is anchored by founder Maher Boulos, with regional commercial coverage of the Americas led by Steven Adler in a Plasma Systems Sales Director capacity.

Tekna's business model centers on selling plasma-based industrial systems and proprietary materials to manufacturing and industrial customers, with revenue mechanics tied to equipment units, recurring materials supply, and service contracts. The Sherbrooke, Canada footprint anchors operations, and public listing provides capital access for further geographic and product expansion. Input data does not disclose named end-customer logos, segment splits, geographic revenue mix, or pricing detail, limiting further granularity on go-to-market mechanics.

Tekna Plasma Systems firmographics

Firmographics
Name
Tekna Plasma Systems
Website
https://tekna.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
101–250 employees
Short description
Tekna Plasma Systems is a Sherbrooke, Canada-based public manufacturer of industrial plasma systems and advanced materials, serving industrial customers through equipment, materials, and related services under Oslo Stock Exchange ticker ose:TEKNA.
Ownership category
akta.pro rank

Tekna Plasma Systems industry classification

Industry
Product category
Industrial Plasma Systems and Materials
NAICS
Industrial Process Furnace and Oven Manufacturing (333994)
SIC
Industrial Process Furnaces & Ovens (3567)
akta.pro primary industry
Welding & Plasma Power Supplies (Industrial welders, cutting power sources) (IMAGADAI)
akta.pro secondary industry
High-Temperature Process Heat Electrification (E-Boilers, E-Furnaces, Induction, Plasma) (EUABAJAA)

Keywords

  • Inductive plasma systems
  • Metallic powder manufacturing
  • Plasma atomization
  • Nanopowder production
  • Advanced industrial materials

Where Tekna Plasma Systems is headquartered

Location

Headquarters

HQ city
Sherbrooke
HQ country
Canada
HQ region
North America

Markets served

Tekna Plasma Systems business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Tekna Plasma Systems product offering

Product offering

Core offering

Tekna Plasma Systems is a manufacturer and supplier of industrial grade materials and services, operating as a producer of plasma-based systems and related materials. The company, founded in 2015 and based in Sherbrooke, Canada, builds and delivers plasma system technology to industrial customers.

Differentiator

Problem solved

Functional benefit

Products and services

  • Plasma Systems
  • Industrial Grade Materials and Services

Companies that use Tekna Plasma Systems

Customer profile

Ideal customer profiles1 record

Tekna Plasma Systems technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Tekna Plasma Systems partnerships and signals

Strategic signal

Recent moves4 records

Expansion highlights3 records

Tekna Plasma Systems competitors and assessment

Company assessment

Direct peers

  • PyroGenesis Canada: Canadian plasma-technology company producing plasma torches and plasma-atomized metal powders for additive manufacturing; directly overlaps with Tekna in both plasma systems and advanced material powders.
  • AP&C (Advanced Powders & Coatings): A Colibrium Additive (GE) company producing plasma-atomized titanium and reactive metal powders for additive manufacturing, a direct competitor to Tekna's powder business.
  • 6K Inc. Uses microwave plasma to produce high-performance metal powders for additive manufacturing and batteries, competing directly with Tekna in plasma-based powder production.

Broad incumbents

  • Carpenter Technology (Carpenter Additive): Specialty alloy producer with an additive manufacturing powder business serving aerospace and industrial customers, overlapping with Tekna's material segment.
  • Sandvik (Additive Manufacturing / Osprey powders): Major producer of gas- and plasma-atomized metal powders for AM as part of a broad materials portfolio, competing in Tekna's powder markets.
  • Hoganas AB: Global leader in metal powders serving many industries including additive manufacturing; overlaps with Tekna's materials offering at far larger scale.
  • ATI Inc. Specialty materials and titanium powder producer for aerospace additive manufacturing, a larger incumbent with overlapping powder offerings.

Emerging players

  • Amazemet: Provides ultrasonic atomization equipment for producing metal powders for additive manufacturing, overlapping with Tekna's powder-production systems niche.
  • Kymera International: Producer of specialty metal powders and materials used in additive and industrial applications, with partial overlap with Tekna's material portfolio.

Others

  • Praxair Surface Technologies (Linde): Supplies thermal spray powders and coating materials and services; adjacent to Tekna in advanced materials for industrial and aerospace applications.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Tekna Plasma Systems social profiles

Digital presence

Tekna Plasma Systems financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Tekna Plasma Systems leadership team

Management profile

Number of profiles

Profiles2 records

Tekna Plasma Systems funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Tekna Plasma Systems M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Tekna Plasma Systems

What does Tekna Plasma Systems do?

Tekna Plasma Systems is a manufacturer and supplier of industrial grade materials and services, operating as a producer of plasma-based systems and related materials. The company, founded in 2015 and based in Sherbrooke, Canada, builds and delivers plasma system technology to industrial customers.

Is Tekna Plasma Systems a public or private company?

Tekna Plasma Systems is a private company. It is classified as public and is currently operating.

When was Tekna Plasma Systems founded?

Tekna Plasma Systems was founded in 2015. It employs 101 to 250 people.

Where is Tekna Plasma Systems based?

Tekna Plasma Systems is headquartered in Sherbrooke, Canada, in the North America region.

Who are Tekna Plasma Systems's main competitors?

Direct peers on record are PyroGenesis Canada, AP&C (Advanced Powders & Coatings) and 6K Inc.. Broad incumbents are Carpenter Technology (Carpenter Additive), Sandvik (Additive Manufacturing / Osprey powders), Hoganas AB and ATI Inc.. Emerging players are Amazemet and Kymera International. Praxair Surface Technologies (Linde) is listed as an others.

Does Tekna Plasma Systems have an API?

No public API is recorded for Tekna Plasma Systems.

What industry is Tekna Plasma Systems in?

Tekna Plasma Systems's product category is Industrial Plasma Systems and Materials. Its primary akta.pro industry code is IMAGADAI, Welding & Plasma Power Supplies (Industrial welders, cutting power sources), with a secondary code of EUABAJAA, High-Temperature Process Heat Electrification (E-Boilers, E-Furnaces, Induction, Plasma). Its NAICS code is 333994 and its SIC code is 3567.

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Live signals
3dprint3D Printing Financials: Tekna Turns Profitable as AM Powder Demand Grows - 3DPrint.comTekna reported a return to profitability in the second quarter, driven by an 18% increase in revenue and stronger demand for its additive manufacturing metal powders from aerospace and defense customers. The company highlighted that key clients are transitioning from R&D to serial production, resulting in significant order growth and a record backlog of CAD 28.5 million.Simply Wall StTekna (OB:TEKNA) Stock Has A Profit Milestone, Now What?Tekna Holding reported a Q2 2026 net profit of CAD 0.082m and revenue growth of 21% year-over-year, marking its first quarterly profit after consecutive losses. The company also achieved positive adjusted EBITDA of CAD 1.4m and increased its order backlog to CAD 28.5m, though operating cash flow remained negative due to rising inventory levels.MarketScreenerTekna Lands New Titanium Powder Order from US Defense SupplierTekna Holding ASA has secured a new order for titanium powder from a defense supplier in the United States. The company specializes in producing high-purity metal powders used in additive manufacturing for aerospace, medical, and automotive sectors. This contract highlights ongoing demand for advanced materials in critical industrial applications.Metal-amTekna Holding raises $30 million through fully underwritten rights issueTekna Holding ASA has completed the final allocation of shares in a fully underwritten rights issue, raising $30 million through the issuance of 100 million new shares at NOK 3.00 each. The transaction includes significant participation from primary insiders, including board members and executives, signaling strong confidence in the company's future. These funds are intended to strengthen Tekna’s financial position and support ongoing industrial expansion, technology development, and strategic growth initiatives.3D Printing IndustryRenishaw and Tekna develop titanium powdersRenishaw has collaborated with Tekna to create a coarser-cut titanium alloy powder, enhancing the efficiency and cost-effectiveness of titanium 3D printing. This new powder variant facilitates faster build rates and reduces production costs for industrial users, allowing for thicker build layers without compromising material properties. The partnership aims to advance metal additive manufacturing across various industries, particularly aerospace and medical sectors.TracxnTop Companies in Nanotechnology Additives (Jul, 2025)The article presents a list of top startups in the nanotechnology additives sector, highlighting companies such as Sylvatex, Tekna Plasma Systems, MITO Materials, and Barton Blakeley. It details their specific technological contributions, including climate-friendly battery manufacturing, metal powders for 3D printing, hybrid polymer modifiers, and carbon-to-silica conversion. The data includes founding years, funding stages, and recent investment rounds for each entity.UsearchNews, Partnerships, Locations and ExecutivesBurloak Technologies announced a partnership with Tekna Holding AS to supply materials for the production of over 50,000 satellite components. This collaboration supports Burloak's role in the MDA Aurora™ program within the aerospace sector. The agreement highlights a strategic expansion into additive manufacturing for next-generation satellite constellations.3D Printing IndustryTekna defeats Colibrium Additive’s AP&C in metal powder patent disputeThe Federal Court of Canada ruled in favor of Tekna, declaring AP&C's patents for titanium powder manufacturing invalid and confirming that Tekna did not infringe on them. This legal victory secures Tekna's commercial freedom to continue producing titanium alloy powders without legal hindrance. The ruling marks the conclusion of a litigation dispute initiated by Tekna in 2019 regarding competing intellectual property rights.GlobeNewswireTekna and Uniformity Labs Sign Agreement for Supply of Titanium for Laser Powder Bed Fusion (LPBF)Tekna and Uniformity Labs signed an agreement for Tekna to supply Ti64 5/25 and Ti64 45/105 powders to Uniformity for laser powder bed fusion production. The deal creates a critical North American supply source for Uniformity and increases Tekna's output capacity and efficiency.