What Matrix Technology does

Matrix Technology Ltd. is a Canadian privately-held engineered materials converter and distributor headquartered in Markham, Ontario, with 45+ years of operating history. The company converts and fabricates high-performance engineered materials including EMI shielding gaskets, thermal management materials (gap filler pads, thermal interface materials), high-performance tapes, microwave absorbers, and conductive elastomer products, using proprietary precision converting capabilities such as Form-In-Place gasket dispensing at ±0.001 inch tolerance, rotary and die-cutting, lamination, splicing, vulcanizing, and PSA application. It is Parker Chomerics' largest distributor in North America and also distributes Saint-Gobain Norbond bonding tapes, serving 3,500+ global customers including Airbus, Boeing, Bombardier, Bell Textron, Héroux-Devtek, General Dynamics, Thales, Curtiss Wright, MDA, CAE, Medtronic, ABB, Sandvik, Westinghouse, and the Government of Canada.

The company operates four facilities across Canada and the United States: the Markham engineered materials fabrication headquarters (AS9100D certified), the Calgary cable manufacturing facility (XACT EMS), the Houston cable manufacturing facility (XACT EMS), and a Quebec regional office in Saint-Lazare. Its wholly-owned subsidiary XACT Engineered Manufacturing Solutions produces ruggedized cable assemblies, wire harnesses, overmolding, and electromechanical integration for harsh military and aerospace environments, creating an integrated materials-plus-interconnect supply offering for defense electronics programs.

Matrix Technology generates revenue through direct enterprise field sales with quote-based pricing, selling both standard catalog items and custom-fabricated components alongside precision converting services (die-cutting, lamination, kitting, and assembly) and testing and compliance support. Its go-to-market targets mission-critical aerospace, defense, industrial, medical, telecommunications, automotive, mining, energy, and marine customers, where AS9100D, NIST 800-171, REACH, RoHS, and Conflict Minerals compliance function as prerequisites to compete. The company has no disclosed external funding, operates on multi-year enterprise contracts, and is owned by its original founders/investors with no evidence of private equity or venture capital involvement.

Name

Matrix Technology

Legal name

Matrix Technology Ltd.

Website

https://matrixtechnology.ca

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Matrix Technology is a Canadian distributor and precision converter of EMI shielding, thermal management, tapes, and gaskets, and through subsidiary XACT EMS produces ruggedized cable assemblies. It serves 3,500+ aerospace, defense, industrial, medical, telecom, and automotive customers as Parker Chomerics' largest North American distributor.

Ownership category

akta.pro rank

Headquarters

HQ city

Markham

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Engineered Materials Products: Sales of high-performance engineered materials including EMI shielding products (conductive elastomer gaskets, shielding tapes, absorber materials), thermal management solutions (gap filler pads, thermal interface materials), high-performance tapes, gaskets, and interconnect/cable assemblies. Products are sold as both standard catalog items and custom-fabricated components.
2. Custom Fabrication & Value-Added Services: Precision converting services including die-cutting, lamination, splicing, vulcanizing, tape slitting, and kitting/assembly. Services support prototype through production-scale manufacturing with application-specific formatting.
3. Testing & Compliance Support: Technical support services including electrical, mechanical, and environmental validation, EMC/EMI testing support, vibration and shock testing, and qualification support aligned with aerospace and defense standards.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Matrix Technology supplies, converts, and fabricates engineered materials—including EMI shielding products, thermal management materials, high-performance tapes, and gaskets—for the electronics industry. Through its subsidiary XACT Engineered Manufacturing Solutions, the company also designs and manufactures custom cable assemblies, wire harnesses, overmolded cables, and electromechanical integration solutions for harsh military and aerospace environments.

Product overview

Matrix Technology is a Canadian company specializing in engineered materials and interconnect solutions. The product portfolio consists of seven core product categories: High Performance Tapes (Polyester Film/Mylar, Polyimide Film/Kapton, PTFE, UHMW, Glass-Cloth, Foil, Paper, Rubber, Foam, Silicone, and Conductive tapes); Gaskets (EMI/RFI Shielded, Die-Cut, Connector, Enclosure, Form-In-Place, High Temperature, and Foam gaskets); Thermal Management (Gap Filler Pads, Dispensable Gels, Phase Change Materials, Potting Materials, Heat Spreaders, and Conductive Greases); EMI Shielding (Shielding Gaskets, Paints, Sealants, Foil Tapes, Vents, Conductive Plastics, and Microwave Absorbers); Connectors (High Reliability, Ruggedized, Mil-Spec, High Speed Data, Power, Hybrid, RF, and Miniature types); Cable Assemblies (Custom, Overmolded, Hybrid, and Ruggedized assemblies); and Labels & Identification (Flat, Wire, Pre-Printed labels, Signs, and Printers). The company operates in partnership with XACT Engineered Manufacturing Solutions for integrated interconnect and cable assembly capabilities, and distributes Parker Chomerics materials (CHO-SEAL, CHO-MUTE, CHO-FORM, CHO-THERM) and Saint-Gobain Norbond tapes. Solutions serve aerospace, defense, industrial, telecommunications, and automotive sectors with capabilities spanning design, prototyping, testing, and local manufacturing.

Differentiator

Problem solved

Functional benefit

Brands

• XACT Engineered Manufacturing Solutions (XACT EMS): Provides custom cable assemblies, rugged harnessing, RF/coax builds, overmolding, and electromechanical integration solutions for harsh military and aerospace environments. Part of Matrix Technology group operating cable manufacturing facilities in Calgary and Houston.

Products and services

• High Performance Tapes Portfolio of engineered tapes including Polyester Film (Mylar), Polyimide Film (Kapton), PTFE Tapes, UHMW Tapes, Glass-Cloth Tapes, Glass-Foil Tapes, Foil Tapes, Paper Tapes, Solid Rubber Tapes, Foam/Sponge Tapes, Silicone Tapes, and Conductive Tapes for sealing, gasketing, thermal management, and EMI shielding applications. Sold to aerospace, defense, industrial, and electronics manufacturers.
• Gaskets Comprehensive gasket solutions including EMI/RFI Shielded Gaskets, Die-Cut Gaskets, Connector Gaskets, Enclosure Gaskets, Form-In-Place (FIP) Gaskets, High Temperature Gaskets, Foam/Low Closure Force Gaskets, Solid Rubber Gaskets, and Extruded Profile Gaskets for critical sealing applications in aerospace, defense, and industrial electronics.
• Thermal Management Materials Thermal interface solutions including Gap Filler Pads, Dispensable Gels, Conductive Attachment Tapes, Phase Change Materials (PCM), Cure-In-Place Potting Materials, Conductive Heat Spreaders, and Conductive Greases for heat dissipation in electronic systems. Sold to electronics OEMs serving aerospace, automotive, and industrial markets.
• EMI Shielding Products Electromagnetic interference shielding products including Shielding Gaskets, Shielding Paints, Conductive Sealants & Adhesives, Foil Tapes, Shielding Vents, Conductive Plastics, Microwave Absorbers, and Attenuating Ferrite Chokes for defense and aerospace electronics applications.
• Connectors Connector solutions including High Reliability, Ruggedized/Environmental, Mil-Spec, High Speed Data, Power, Hybrid, Shielded and Filtered, RF, Automation Connectors, Sub Miniature, and Miniature connectors for aerospace, defense, and industrial applications.
• Cable Assemblies Custom cable assembly solutions including Custom Assemblies, Automation Cordsets, Custom Overmolded Assemblies, Hybrid Solutions, Molded Break-Outs or Splitters, and Rugged and Harsh Environment assemblies for demanding industrial, aerospace, and defense applications. Provided through XACT Engineered Manufacturing Solutions.
• Tubing and Sleeving Protection solutions including Heat Shrink Tubing, PTFE Tubing, EMI & Metal Braiding, and Heat Shrinkable Marker Sleeves for cable management and environmental protection in aerospace, defense, and industrial applications.
• Labels and Identification Labeling solutions including Flat Labels, Wire Labels, Signs & Facility Marking, Pre-Printed Labels, and Printers for asset tracking, safety compliance, and industrial identification in aerospace, electronic manufacturing, telecommunications, and automotive applications.
• Custom Fabrication and Converting Services Precision converting services including die-cutting, lamination, splicing, vulcanizing, precision tape slitting, tube and sleeve cutting, Form-In-Place (FIP) gasket dispensing with ±0.001 inch tolerance, and PSA application. Services support prototype through production-scale manufacturing for aerospace, defense, and industrial customers.
• Parker Chomerics CHO-SEAL Conductive Elastomer Gaskets Distributed line of electrically conductive elastomer gaskets including CHO-SEAL 1285, 1215/1217, 1298, 1350, and 6502/6503 variants for EMI shielding and environmental sealing in defense and aerospace electronics.
• Parker Chomerics CHO-MUTE 9005 & 9025 Microwave Absorber Materials UL 94 V-0 rated silicone elastomer microwave absorber sheets providing broadband RF absorption from 500 MHz to 18 GHz with up to 20 dB absorption for electronic enclosures.
• Parker Chomerics CHO-THERM HV Series High-Voltage Thermal Pads Thermally conductive electrically insulating pads for high-voltage power electronics with thermal conductivity of 1.1-3.3 W/m-K, DC breakdown voltage up to >20 kV, and UL94 V-0 rating for EV powertrains and industrial motor controllers.

Quantifiable outcome

• 450+ aerospace and defense programs supported
• +2 more outcomes

Named customers21 records

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Parker ChomericscoreChannel Partner/ Reseller/ DistributorMatrix Technology is Parker Chomerics' largest distributor in North America. The partnership provides access to comprehensive EMI shielding materials (conductive elastomer gaskets, shielding tapes, absorber materials) and thermal management solutions. Matrix provides precision converting, technical support, and localized supply chain for Parker Chomerics products serving aerospace, defense, telecom, and industrial markets.
• Saint-Gobain NorbondcoreChannel Partner/ Reseller/ DistributorMatrix Technology is an authorized distributor of Saint-Gobain Norbond bonding tapes for automotive applications. The partnership provides automotive bonding solutions including acrylic foam tapes (Z1000, Z1200, Z2000, Z3100 series), polyurethane foam tapes, and specialty bonding products. Matrix supports precision converting, custom formats, and application support.
• XACT Engineered Manufacturing SolutionscoreStrategic or Co-development PartnerMatrix Technology works in partnership with XACT Engineered Manufacturing Solutions to support fully integrated defense electronics builds. XACT provides ruggedized cable assemblies, wire harnesses, overmolding, and electromechanical integration services. This collaboration allows customers to align EMI shielding materials from Matrix with rugged interconnects from XACT, reducing supplier count and simplifying program execution.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Carlisle Interconnect Technologies: Carlisle Interconnect Technologies manufactures aerospace-grade wire harnesses, cable assemblies, and EWIS solutions for commercial aerospace, defense, and space. Comparable to XACT Engineered Manufacturing Solutions in serving aerospace primes with ruggedized interconnect builds.
• W. L. Gore & Associates: W. L. Gore manufactures high-performance aerospace cables, EMI shielding materials, and engineered materials used in defense and aerospace electronics. Comparable to Matrix in selling engineered EMI shielding and thermal management materials into mission-critical aerospace and defense programs.
• Powell Electronics: Powell Electronics is a value-added distributor of interconnect, electromechanical, and EMI/thermal management products serving aerospace, defense, and industrial markets. Closely matches Matrix's value-added distribution model and aerospace/defense customer profile.
• Heilind Electronics: Heilind is one of the world's largest distributors of interconnect, electromechanical, and sensor products, with a strong aerospace and defense vertical. Comparable to Matrix in distributing connectors, wire management, and related electronic components to enterprise aerospace customers.
• Lapp Group: Lapp Group manufactures and supplies cables, connectors, and cable accessories for industrial, automation, and aerospace applications. Comparable to Matrix/XACT in ruggedized cable assemblies, connectors, and industrial interconnect products.

Broad incumbents

• TE Connectivity: TE Connectivity is a global incumbent in connectors, sensors, and aerospace/defense cable assemblies. Comparable as a broad incumbent that supplies aerospace primes with connectors and cable assemblies, competing for the same end-customer programs as Matrix.
• Parker Hannifin (Parker Chomerics): Parker Hannifin is the parent of Parker Chomerics, Matrix's primary brand partner. As the upstream manufacturer of CHO-SEAL, CHO-MUTE, CHO-FORM, and CHO-THERM products that Matrix distributes, Parker is both a critical supplier and a competitive threat if it consolidates distribution.
• TTI Inc. TTI is a major broadline electronic component distributor with a dedicated military, aerospace, and defense business unit. Comparable to Matrix in distributing electronic components into aerospace/defense customers but at significantly larger scale and SKU breadth.
• 3M: 3M manufactures industrial tapes, adhesives, and engineered materials including electrical and EMI shielding products. Comparable as a manufacturer of high-performance tapes and engineered materials that overlap with Matrix's tape, gasketing, and shielding portfolio.

Others

• Saint-Gobain: Saint-Gobain (parent of Norbond) is a key supplier-partner whose bonding tapes Matrix distributes for automotive applications. Comparable as an engineered materials manufacturer whose products flow through Matrix's distribution and converting capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@Matrix_XACT
• LinkedInlinkedin.com/company/matrix-technology
• Facebookfacebook.com/MatrixTechnologyLtd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Matrix Technology