Materion
Materion is a U.S.-based advanced materials manufacturer serving aerospace, defense, semiconductor, automotive, and energy OEMs with beryllium products, high-performance alloys, thin-film deposition materials, and precision optics. It operates three segments and ~30 global facilities under the NYSE ticker MTRN.
- Company typePublic
- Founded1921
- HeadquartersCleveland, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Materion does
Materion Corporation (NYSE: MTRN) is a U.S.-based, vertically integrated advanced materials supplier operating through three reportable segments: Performance Materials, Electronic Materials, and Precision Optics. The Performance Materials segment produces beryllium products (metal, foil, X-ray windows, custom assemblies), clad metals, high-performance alloys (Alloy 360, copper-beryllium, ToughMet copper-nickel-tin, AyontEX aluminum-silicon, MoldMAX), metal matrix composites (AlBeMet, SupremEX), and technical ceramics (Thermalox beryllium oxide, Durox alumina). Electronic Materials supplies thin-film deposition consumables, including sputtering targets (TantElite tantalum), evaporation materials, ALD precursors (aluminum chloride, hafnium chloride), advanced chemicals, and microelectronic packaging components. Precision Optics delivers optical coatings, components, subassemblies, filters, and the CoatingPlus service for aerospace, defense, and semiconductor applications.
Materion's commercial model is B2B enterprise sales with quote-based pricing for custom-engineered alloys, ceramics, and thin-film materials. The company sells directly to major OEMs and Tier-1 manufacturers in aerospace, defense, semiconductor, automotive, energy, consumer electronics, industrial, and telecom/data-center end-markets. Distribution is augmented by regional service centers (Taiwan, Shanghai, Westford, MA, Stuttgart) and select channel partners such as Bowman International for wrapped bearings. Materion also generates recurring service revenue from beryllium, precious metal, and sputtering target recycling and reclamation. The go-to-motion pairs direct sales engineers with deep metallurgical and analytical testing support (HP-ICP-OES, WDXRF) to qualify materials into customer processes.
The company operates approximately 30 manufacturing and commercial locations globally with 3,000+ employees, and maintains RMI-certified beryllium supply chains, proprietary branded product lines (ToughMet, AlBeMet, TantElite, Thermalox, SupremEX, AyontEX, Visi-Lid), and documented design wins in flagship programs including NASA's Europa Clipper, James Webb, Mars Rover Perseverance, and the Hubble Space Telescope. Materion reported FY 2025 net sales of $1.79 billion with $74.8 million of net income and a 20.7% adjusted EBITDA margin (fifth consecutive year of margin expansion), and Q1 2026 revenue of $549.8 million against consensus of $479.15 million, with the order backlog up over 20% year-over-year to highest-ever levels.
Materion firmographics
Firmographics- Name
- Materion
- Legal name
- Materion Corporation
- Website
- https://materion.com
- Company type
- Public
- Founded year
- 1921
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Materion is a U.S.-based advanced materials manufacturer serving aerospace, defense, semiconductor, automotive, and energy OEMs with beryllium products, high-performance alloys, thin-film deposition materials, and precision optics. It operates three segments and ~30 global facilities under the NYSE ticker MTRN.
- Ownership category
- akta.pro rank
Materion industry classification
Industry- Product category
- Advanced Materials
- NAICS
- Other Fabricated Metal Product Manufacturing (3329), Semiconductor and Other Electronic Component Manufacturing (33441)
- SIC
- Miscellaneous Fabricated Metal Products (3490), Electronic Components, Nec (3679)
- akta.pro primary industry
- Specialty Polymers & Resins (Engineered Materials) (IMAEABAK)
Keywords
Where Materion is headquartered
LocationHeadquarters
- HQ city
- Cleveland
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
Materion business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Performance Materials: Beryllium products, clad metals, high-performance alloys, metal matrix composites, and technical ceramics sold to aerospace, defense, automotive, and industrial customers
- Electronic Materials: Advanced chemicals, microelectronic packaging, thin film deposition materials (sputtering targets, evaporation materials) for semiconductor manufacturing
- Precision Optics: Optical coatings, components, subassemblies, and filters for defense, aerospace, and semiconductor applications
- Material Recycling Services: Reclamation and recycling services for beryllium, precious metals, sputtering targets, and precision parts to help customers recover value from spent materials
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Materion product offering
Product offeringCore offering
Materion manufactures and supplies advanced engineered materials across three segments: Performance Materials (beryllium products, clad metals, high-performance alloys, metal matrix composites, technical ceramics); Electronic Materials (advanced chemicals, microelectronic packaging, and thin film deposition materials including sputtering targets for semiconductor manufacturing); and Precision Optics (optical coatings, components, subassemblies, and filters). The company also offers material recycling, analytical testing, and custom engineering/fabrication services.
Product overview
Materion is a global leader in advanced materials solutions operating through three core business segments: Performance Materials, Electronic Materials, and Precision Optics. Performance Materials encompasses beryllium products, clad metals, high-performance alloys (including ToughMet copper-nickel-tin alloys and copper-beryllium alloys), metal matrix composites (AlBeMet, SupremEX), and technical ceramics. Electronic Materials provides advanced chemicals, microelectronic packaging components, and thin film deposition materials including sputtering targets and evaporation materials for semiconductor manufacturing. Precision Optics delivers optical coatings, components, subassemblies, and filters, along with CoatingPlus coating services. The company also offers comprehensive services including analytical testing, engineering/fabrication, and material recycling/reclamation. Products serve high-growth markets including semiconductor, aerospace/defense, automotive, energy, consumer electronics, telecom/data center, and industrial applications.
Differentiator
Problem solved
Functional benefit
Brands
- TantElite S26: Sintered tantalum sputtering target product with stable performance and consistent grain structure for semiconductor manufacturing
- ToughMet
- BowMet
- AlBeMet
- SupremEX
- AyontEX
- Thermalox
- eStainless
- TruExtent
- Visi-Lid
Products and services
- Beryllium Products Beryllium metal, beryllium foil, X-ray windows, custom CF flange assemblies, and TruExtent acoustic beryllium serving aerospace, defense, semiconductor, and space applications.
- Clad Metals Multi-metal composite materials including Dovetail Clad, Electrical Connector Materials, eStainless Clad, iON EV Clad, welded strip for shunts/resistors, and wire bondable lead frame materials for automotive, electronics, and industrial applications.
- High-Performance Alloys Specialty alloys including Alloy 360 Nickel Beryllium, AyontEX aluminum-silicon alloys, BrushForm 158, copper-beryllium alloys, MoldMAX, Niobium C-103, PerforMet, ToughMet, and Ultra 76 Plus Tantalum for demanding applications in aerospace, automotive, and electronics.
- Metal Matrix Composites AlBeMet AlBeCast (beryllium-aluminum) and SupremEX composite materials for lightweight, high-stiffness applications requiring thermal management in aerospace, defense, and space.
- Technical Ceramics Beryllium oxide ceramics (Thermalox, BW3250) and Durox alumina ceramics for thermal management, electrical insulation, and high-temperature electronic applications.
- Advanced Chemicals Specialty chemicals including aluminum chloride, hafnium chloride, and beryllium fluoride for aerospace, battery, molten salt reactor, optical coating, phosphor precursor, and semiconductor applications.
- Thin Film Deposition Materials Sputtering targets (including TantElite S26 tantalum), evaporation materials, and PVD thin film consumables for semiconductor, optical, and industrial coating applications.
- Microelectronic Packaging Cover lids, ceramic and RF packaging, and braze/solder alloys for semiconductor and electronics packaging.
- Precision Optics Optical coatings, components, subassemblies, and filters for aerospace, defense, and semiconductor applications including CoatingPlus coating services and VISI-LID hermetic lid assemblies.
- Analysis and Testing Services Advanced analytical testing including HP-ICP-OES and Wavelength Dispersive X-Ray Fluorescence (WDXRF) for tight compositional specifications of advanced materials.
- Engineering, Design & Fabrication Services Custom engineering, design, and fabrication services for advanced material solutions tailored to customer specifications.
- Material Recycling & Reclamation Services Comprehensive recycling and reclamation for precious metals, rare earth elements, beryllium, and sputtering targets from any manufacturer.
Quantifiable outcome
- 20%+ increase in order backlog year-over-year to highest-ever levels
- +3 more outcomes
Companies that use Materion
Customer profileNamed customers6 records
Segments7 records
Ideal customer profiles4 records
Materion technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Materion partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship and core.
- Commonwealth Fusion Systems (CFS)flagshipMaterion signed supply agreement with CFS, the leading commercial fusion energy company, to supply beryllium fluoride for production of FLiBE molten salt for ARC power plants. Shipments from Elmore, OH facility began in 2025. CFS is building world's first grid-scale fusion plant in Chesterfield County, Virginia expected online in early 2030s.
- Bowman International Ltd.coreCollaboration with U.K.-based Bowman International to manufacture and distribute BowMet wrapped bearings using ToughMet alloy. Bowman produces standard-size, thin-walled wrapped bearings for heavy construction, marine, defense, and industrial applications. Partnership minimizes material waste and reduces production costs.
- Idaho National Laboratory (MARVEL Microreactor Project)coreMaterion working with Idaho National Lab on MARVEL Microreactor Project to supply advanced materials for nuclear microreactor technology.
- Kairos PowercorePartnership with Kairos Power for advanced materials supply to support their microreactor development programs at Elmore, OH facility.
- H.C. Starck SolutionscoreAcquisition of H.C. Starck Solutions' electronic materials business in Newton, Massachusetts to strengthen Materion's position in semiconductor industry and increase access to high-growth markets.
- Arizona State University School of Earth and Space ExplorationcoreCollaboration to develop processes in photolithography and metallization for NASA's Europa Clipper mission, creating solderable seal rings on diamond substrates for thermal imaging system.
- Defense Prime (unnamed)flagship$65 million investment from major defense prime to expand beryllium capacity in support of U.S. defense initiatives.
Scale indicators14 records
Recent moves7 records
Expansion highlights5 records
Materion competitors and assessment
Company assessmentDirect peers
- ATI (Allegheny Technologies): ATI is a U.S. specialty metals producer of titanium, nickel, and cobalt-based alloys and powders serving aerospace & defense, medical, and energy markets. ATI competes with Materion in high-performance alloys and engineered materials for jet engines, airframes, and defense systems.
- Plansee Group: Plansee is a leading global producer of refractory metals (tungsten, molybdenum, tantalum, niobium) and components for electronics, semiconductor, and industrial applications. Plansee competes with Materion's high-performance alloys and sputtering target businesses, particularly in tantalum and molybdenum.
- Carpenter Technology Corporation: Carpenter Technology is a U.S. specialty alloys producer serving aerospace, defense, medical, and industrial markets with high-performance nickel, cobalt, titanium, and stainless alloys. Materion's ToughMet, Alloy 25, and BrushForm lines overlap directly with Carpenter's specialty alloy portfolio for similar mission-critical applications.
- CoorsTek: CoorsTek is one of the world's largest technical ceramics manufacturers, producing alumina, beryllium-containing ceramics, and other advanced ceramic components for semiconductor, aerospace, defense, and industrial markets. CoorsTek competes directly with Materion's Thermalox BeO and Durox alumina ceramics product lines.
- Oerlikon (Surface Solutions / Balzers): Oerlikon's Surface Solutions segment (Balzers) provides PVD coatings, sputtering targets, and component services for semiconductor, automotive, and industrial applications. Oerlikon also acquired Optics Balzers, directly competing with Materion Precision Optics, and is a partner competitor in PEM electrolyzer coating turnkey solutions.
- Konfoong Materials International: Konfoong Materials International is a leading Chinese supplier of high-purity sputtering targets for semiconductor and photovoltaic applications. It competes with Materion's TantElite tantalum and Newton facility in the same end-markets, and is the third top-3 player alongside Materion and JX Nippon.
- JX Nippon Mining & Metals: JX Nippon Mining & Metals is one of the world's largest sputtering target and advanced materials suppliers, competing head-to-head with Materion in semiconductor deposition materials. The company is cited alongside Materion as a top-3 player in the global Semiconductor Used High Purity Sputtering Target Material market.
- Morgan Advanced Materials: Morgan Advanced Materials produces specialty ceramics, carbon, and composite materials for industrial, aerospace, defense, and semiconductor applications. Morgan's engineered ceramics portfolio overlaps with Materion's technical ceramics and clad metals businesses serving similar mission-critical thermal and electrical insulation use cases.
Broad incumbents
- Coherent Corp (formerly II-VI): Coherent is a global photonics and compound semiconductor company whose Precision Optics and laser components businesses compete with Materion Precision Optics for defense, semiconductor, and space applications. Coherent is a much broader incumbent than Materion's focused optics franchise.
- Honeywell International (Electronic Materials): Honeywell's Electronic Materials business supplies sputtering targets, advanced chemicals, and semiconductor-grade materials alongside a much broader aerospace, building technologies, and automation portfolio. Honeywell is a broad incumbent whose electronic materials division directly overlaps with Materion's Electronic Materials segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Materion social profiles
Digital presenceMaterion compliance and trust
Trust signalCompliance1 record
Materion financial estimates
Financial estimateRevenue estimate
Valuation estimate
Materion leadership team
Management profileNumber of profiles
Profiles14 records
Materion subsidiaries and ownership
Company hierarchySubsidiaries9 records
Materion funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Materion M&A and investment
M&A and investmentM&A5 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Materion
What does Materion do?
Materion manufactures and supplies advanced engineered materials across three segments: Performance Materials (beryllium products, clad metals, high-performance alloys, metal matrix composites, technical ceramics); Electronic Materials (advanced chemicals, microelectronic packaging, and thin film deposition materials including sputtering targets for semiconductor manufacturing); and Precision Optics (optical coatings, components, subassemblies, and filters). The company also offers material recycling, analytical testing, and custom engineering/fabrication services.
Is Materion a public or private company?
Materion is a public company. It is classified as public and is currently operating.
When was Materion founded?
Materion was founded in 1921. It employs 1,001 to 5,000 people.
Where is Materion based?
Materion is headquartered in Cleveland, United States, in the North America region.
How does Materion make money?
Four revenue lines are on record. Performance Materials are the primary driver. The others are electronic Materials, precision Optics and material Recycling Services.
Who are Materion's main competitors?
Direct peers on record are ATI (Allegheny Technologies), Plansee Group, Carpenter Technology Corporation, CoorsTek, Oerlikon (Surface Solutions / Balzers), Konfoong Materials International, JX Nippon Mining & Metals and Morgan Advanced Materials. Broad incumbents are Coherent Corp (formerly II-VI) and Honeywell International (Electronic Materials).
Does Materion have an API?
No public API is recorded for Materion.
What industry is Materion in?
Materion's product category is Advanced Materials. Its primary akta.pro industry code is IMAEABAK, Specialty Polymers & Resins (Engineered Materials). Its NAICS code is 3329 and its SIC code is 3490.