Thermtest Inc.
Thermtest Inc. designs, manufactures, and sells thermal conductivity measurement instruments (TPS, THW, TLS, HFM platforms) and provides contract thermal testing services. It serves academic researchers, industrial laboratories, and commercial clients in battery, construction, geothermal, electronics, and materials sectors across North America, Europe, and Asia.
- Company typePrivate
- Founded2004
- HeadquartersFredericton, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Thermtest Inc. does
Thermtest Inc. is a privately held Canadian manufacturer of thermal conductivity and thermal transport property measurement instruments, founded in 2004 and headquartered in Fredericton, Canada. The company designs, builds, and sells a multi-tier portfolio of laboratory and portable instruments — the Measurement Platform Series (MP-1 Advanced, MP-V Versatile, MP-2 Economical), Laboratory Instruments (THW-L1, HFM Series, GHFM-01), and Portable Meters (TPS-3, HFM-25, TLS-100) — that together cover transient methods (Transient Plane Source, Modified Transient Plane Source, Transient Hot Wire, Transient Line Source, Transient Hot Strip) and steady-state methods (Heat Flow Meter, Guarded Heat Flow Meter). Proprietary technological differentiators include the Temperature Platform (-160°C to 1000°C), the Contact Analysis algorithm, iTransient intelligent automation, and the TPS Vertical Strip sensor design; the underlying TPS and THW methods align with ISO 22007-2 and ASTM D7896-19 and are validated across thousands of peer-reviewed publications. Thermtest targets academic and industrial researchers studying thermal properties of solids, liquids, pastes, powders, soils, and fabrics, with visible adoption in batteries/automotive, construction/insulation, geothermal, electronics thermal management, and textiles.
The company operates a direct, sales-led go-to-market with quote-based hardware pricing (list prices not disclosed) and complements instrument sales with a full-service contract testing laboratory covering conductivity, diffusivity, specific heat, resistance, resistivity, effusivity, and thermal expansion. Regional Thermtest hubs in Europe (thermtest.se), Latin America, Asia, and China (thermtestasia.cn) provide localized sales and applications support, while a Canon Financial Services partnership enables customer financing. Distribution is augmented by an extensive content-and-SEO infrastructure — a 1,000+ material database, hundreds of searchable papers, nine free thermal-property calculators, ongoing webinars, and a large library of vertical-specific application pages. Customer evidence (Shell, WEG, Gelest, Bureau Veritas, Worcester Polytechnic Institute, Brunel University, University of Idaho, Eavor Technologies, Victaulic, among 115+ named reviewers) indicates a diversified base spanning enterprise R&D, government labs, academia, and SMB testing services, with no concentrated dependency on a single logo.
Revenue is generated through three streams: one-time hardware sales of the instrument portfolio, recurring sensor and accessory replacement, and professional services from the contract thermal testing laboratory; Canon Financial Services financing functions as a revenue facilitation layer rather than a separate income stream. The company is privately held with no disclosed venture capital, private equity, or institutional ownership, and operates globally with no geographic restrictions identified in the source material.
Thermtest Inc. firmographics
Firmographics- Name
- Thermtest Inc.
- Legal name
- Thermtest Inc.
- Website
- https://thermtest.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Thermtest Inc. designs, manufactures, and sells thermal conductivity measurement instruments (TPS, THW, TLS, HFM platforms) and provides contract thermal testing services. It serves academic researchers, industrial laboratories, and commercial clients in battery, construction, geothermal, electronics, and materials sectors across North America, Europe, and Asia.
- Ownership category
- akta.pro rank
Thermtest Inc. industry classification
Industry- Product category
- Thermal Conductivity Measurement Instruments
- NAICS
- Analytical Laboratory Instrument Manufacturing (334516), Testing Laboratories and Services (541380)
- SIC
- Laboratory Analytical Instruments (3826), Services-Testing Laboratories (8734)
- akta.pro primary industry
- Metrology, Calibration & Testing Equipment (Balances, pH/DO, Standards) (HLAGAIAL)
Keywords
Where Thermtest Inc. is headquartered
LocationHeadquarters
- HQ city
- Fredericton
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Thermtest Inc. business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Thermal Conductivity Instruments: Sale of thermal conductivity measurement instruments including Measurement Platform Series (MP-1, MP-V, MP-2), laboratory instruments (THW-L1, HFM Series, GHFM-01), and portable meters (TPS-3, HFM-25, TLS-100). One-time hardware purchase model with optional accessories and sensors.
- Contract Testing Services: Full-service thermal testing laboratory providing measurement services for thermal conductivity, thermal resistance, thermal resistivity, thermal diffusivity, thermal effusivity, specific heat capacity, and thermal expansion. Serves industrial, academic, environmental, government, and commercial clients in North America and international markets.
- Financing Services: Canon Financial Services financing offered to customers to facilitate equipment purchases, creating an additional revenue facilitation stream.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Instrument hardware pricing is quote-based and not publicly disclosed. |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
Thermtest Inc. product offering
Product offeringCore offering
Thermtest Inc. designs, manufactures, and sells thermal conductivity measurement instruments used to characterize thermal conductivity, thermal diffusivity, specific heat, thermal resistance, thermal resistivity, and thermal effusivity of materials including solids, liquids, pastes, powders, and soils. The product portfolio is organized into the Measurement Platform Series (MP-1, MP-V, MP-2), Laboratory Instruments (THW-L1, HFM Series, GHFM-01), and Portable Meters (TPS-3, HFM-25, TLS-100). The company also operates a full-service contract thermal testing laboratory and provides technical applications support, training, and a global support network through regional Thermtest hubs.
Product overview
Thermtest Inc. offers a comprehensive portfolio of thermal conductivity measurement instruments organized into three product lines: Measurement Platform Series (MP-1, MP-V, MP-2) for laboratory-grade multi-method testing; Laboratory Instruments (THW-L1, HFM Series, GHFM-01) for specialized steady-state and transient testing; and Portable Meters (TPS-3, HFM-25, TLS-100) for field and budget-conscious applications. The products use transient methods (TPS, THW, TLS, MTPS) and steady-state methods (HFM, GHFM) to measure thermal conductivity, thermal diffusivity, specific heat, thermal resistance, thermal resistivity, and thermal effusivity across materials including solids, liquids, pastes, powders, soils, and composites. The company also provides testing services and thermal property calculators as part of its solution ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- MP-1 (Advanced Measurement Platform) Laboratory-grade measurement platform supporting multiple transient methods (TPS, THW, MTPS, TLS, THS) for testing absolute thermal conductivity, thermal diffusivity, specific heat, and thermal effusivity of solids, liquids, pastes, and powders across wide temperature ranges up to 1000°C. Used by academic and industrial researchers requiring flexible, multi-method thermal analysis.
- MP-V (Versatile Measurement Platform) Mid-range measurement platform featuring iTransient intelligent automation and supporting TPS, THW, MTPS, and TLS methods for thermal conductivity, diffusivity, specific heat, and effusivity measurements of solids, liquids, pastes, and powders. Suited to customers needing automation with multi-method flexibility.
- MP-2 (Economical Measurement Platform) Portable meter with auto-detecting sensors (MTPS, THW, TLS variants, TPS-EFF) for economical thermal conductivity testing of liquids, solids, pastes, powders, soils, concrete, rock, polymers, and fabrics. Designed for budget-conscious field and laboratory users.
- THW-L1 (Transient Hot-Wire) Laboratory instrument for thermal conductivity, thermal diffusivity, and specific heat of liquids and phase change materials following ASTM D7896-19, with temperature range from -160°C to 300°C and pressure up to 35 bar. Used by researchers characterizing fluids and PCM materials.
- HFM Series (HFM-100 HT, HFM-100, HFM-50, HFM-25) Heat flow meter series for steady-state thermal conductivity and thermal resistance testing of insulation products, construction materials, packaging, and assemblies following ASTM C518, ISO 8301, and related international standards. Used by construction materials and insulation product manufacturers.
- GHFM-01 (Guarded Heat Flow Meter) Steady-state thermal resistance and conductivity meter for homogeneous and heterogeneous materials including metals, polymers, composites, and pastes following ASTM E1530-19 from -20°C to 310°C. Used for higher-conductivity material characterization with motor-controlled testing stack.
- TPS-3 (Portable Transient Plane Source) Budget-friendly portable transient plane source meter for thermal conductivity, diffusivity, and specific heat testing of solids, pastes, and powders with temperature range of 10°C to 80°C. Used for accessible entry-level thermal characterization.
- HFM-25 (Portable Heat Flow Meter) Portable heat flow meter for thermal resistance and conductivity testing of small insulation and construction material samples following ASTM C518 and related standards. Used for field testing of small insulation samples.
- TLS-100 (Portable Transient Line Source) Portable meter for thermal conductivity and resistivity testing of soil, rocks, concrete, and polymers following ASTM D5334-22a and IEEE 442-2017, with temperature range from -40°C to 100°C. Used by geotechnical, geophysical, and construction engineering professionals.
- Contract Thermal Testing Services Full-service thermal testing laboratory providing measurement services for thermal conductivity, thermal resistance, thermal resistivity, thermal diffusivity, thermal effusivity, specific heat capacity, and thermal expansion. Serves industrial, academic, environmental, government, and commercial clients in North America and international markets who prefer outsourced measurement over instrument purchase.
Quantifiable outcome
- Accuracy of 1-5% for thermal conductivity measurements depending on method and instrument model (e.g., MP-1 TPS achieves 3% accuracy, THW achieves 2% accuracy, HFM-100 achieves 1-2% accuracy)
- +5 more outcomes
Companies that use Thermtest Inc.
Customer profileNamed customers16 records
Segments7 records
Ideal customer profiles8 records
Thermtest Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
Thermtest Inc. partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
Thermtest Inc. competitors and assessment
Company assessmentDirect peers
- Hot Disk AB: Swedish developer of the Transient Plane Source (TPS) method for thermal conductivity, diffusivity, and specific heat measurement — the most direct competitor to Thermtest's core TPS-based platforms, with overlapping customer base in academic and industrial materials research.
- C-Therm Technologies: Canadian-based specialist in thermal conductivity and effusivity measurement using the Transient Plane Source (TCi) method. Directly comparable to Thermtest's TPS instruments in addressing R&D and quality-control customers across similar end markets.
- Linseis Messgeräte GmbH: German manufacturer of thermal analysis instruments including HFM, TPS, and hot-wire systems for thermal conductivity and resistivity measurement. Closely comparable to Thermtest in product range and serves overlapping academic, building materials, and industrial customers.
- Hukseflux Thermal Sensors: Dutch specialist in thermal sensors and measurement systems, including thermal conductivity probes for soils, building materials, and industrial applications — a comparable niche specialty player serving overlapping geotechnical, construction, and industrial customers.
- Kyoto Electronics Manufacturing (KEM): Japanese manufacturer of thermal conductivity meters and related analytical instruments used in academic and industrial quality control laboratories. Comparable to Thermtest as a specialty instrument maker serving similar materials characterization workflows.
Broad incumbents
- Netzsch Analyzing & Testing: Large German manufacturer of thermal analysis instruments (DSC, TGA, LFA, HFM) used for thermal conductivity, diffusivity, and specific heat measurement. Significantly larger global sales footprint than Thermtest, serving overlapping industrial and academic customers as part of a broader thermal-and-rheological portfolio.
- TA Instruments (Waters Corporation): Major US-based supplier of thermal analysis instrumentation including transient hot-wire and heat-flow-meter systems for thermal conductivity measurement. Competes with Thermtest in academic and industrial QC markets as part of Waters' broader analytical instrument portfolio.
- Mettler Toledo: Global analytical instrument incumbent offering thermal conductivity and related measurement capabilities alongside a vast portfolio of laboratory balances, titrators, and process analytics. Competes with Thermtest in regulated industrial QC environments as a broader-portfolio alternative.
- Anton Paar: Austrian manufacturer of high-precision laboratory and process measurement instruments, including thermal conductivity and material property analyzers. Competes with Thermtest in academic and industrial research labs as part of a much broader rheology, density, and materials characterization portfolio.
- Thermo Fisher Scientific: Global analytical instrument leader offering thermal analysis products (DSC, TGA, LFA, HFM) as part of an extensive laboratory equipment portfolio. Competes with Thermtest primarily in academic, pharmaceutical, and industrial research labs as a multi-line vendor alternative.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Thermtest Inc. social profiles
Digital presenceThermtest Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Thermtest Inc. leadership team
Management profileNumber of profiles
Thermtest Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Thermtest Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Thermtest Inc.
What does Thermtest Inc. do?
Thermtest Inc. designs, manufactures, and sells thermal conductivity measurement instruments used to characterize thermal conductivity, thermal diffusivity, specific heat, thermal resistance, thermal resistivity, and thermal effusivity of materials including solids, liquids, pastes, powders, and soils. The product portfolio is organized into the Measurement Platform Series (MP-1, MP-V, MP-2), Laboratory Instruments (THW-L1, HFM Series, GHFM-01), and Portable Meters (TPS-3, HFM-25, TLS-100). The company also operates a full-service contract thermal testing laboratory and provides technical applications support, training, and a global support network through regional Thermtest hubs.
Is Thermtest Inc. a public or private company?
Thermtest Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Thermtest Inc. founded?
Thermtest Inc. was founded in 2004. It employs 11 to 50 people.
Where is Thermtest Inc. based?
Thermtest Inc. is headquartered in Fredericton, Canada, in the North America region.
How does Thermtest Inc. make money?
Three revenue lines are on record. Thermal Conductivity Instruments are the primary driver. The others are contract Testing Services and financing Services.
Who are Thermtest Inc.'s main competitors?
Direct peers on record are Hot Disk AB, C-Therm Technologies, Linseis Messgeräte GmbH, Hukseflux Thermal Sensors and Kyoto Electronics Manufacturing (KEM). Broad incumbents are Netzsch Analyzing & Testing, TA Instruments (Waters Corporation), Mettler Toledo, Anton Paar and Thermo Fisher Scientific.
Does Thermtest Inc. have an API?
No public API is recorded for Thermtest Inc..
What industry is Thermtest Inc. in?
Thermtest Inc.'s product category is Thermal Conductivity Measurement Instruments. Its primary akta.pro industry code is HLAGAIAL, Metrology, Calibration & Testing Equipment (Balances, pH/DO, Standards). Its NAICS code is 334516 and its SIC code is 3826.