CDTI

What CDTI does

CDTi Advanced Materials (NASDAQ: CDTI) is a public cleantech emissions-control and catalyst engineering company that designs, develops, and manufactures catalyst and coating solutions for industrial, transportation, power generation, mining, and emerging decarbonization applications. Founded by UC Santa Barbara researchers, CDTi applies proprietary catalyst formulation, washcoat chemistry, and substrate-coating know-how across monolith (ceramic/metallic honeycomb), silicon-carbide diesel particulate filters (DPF), and sorbent-coated monoliths for direct air capture (DAC). The portfolio includes branded products (CatTrap, PuriFilter, CombiFilter, AZ Purifier, PuriMuffler, PatFluid/HD/CV, Platinum Plus), a two-stage methane abatement system combining a sulfur guard with a methane oxidation catalyst, ammonia slip catalysts (ASC), and PGM-free electrocatalysts for hydrogen production. The company is supported by 25 patents, ISO 9001:2015 and ISO 14001:2015 certifications, and over 14 million catalysts coated historically.

CDTi operates a sales-led, B2B enterprise go-to-market through direct engagement, collaborative engineering, and pilot-to-production coating programs with global OEMs, Tier 1 automotive suppliers, energy companies, mining operators, and shipping fleets. Revenue is generated from one-time product sales (catalysts, DPFs, fuel-borne catalyst additives) plus professional engineering and coating services tied to customer-sponsored development work in carbon capture, methane abatement, and hydrogen production. The company serves offices in Oxnard, California (headquarters and manufacturing), West Sussex (UK), and Malmö (Sweden), with named reference customers spanning automotive (Honda, GM, Renault), oil & gas and energy (Clairity Technology for Project Juniper, unnamed global energy organizations), maritime (unnamed leading global shipping company for a three-vessel methane abatement pilot), and stationary power (Doosan engines deployed at a California hospital for seven-plus years).

Name

CDTI

Legal name

CDTi Advanced Materials Inc.

Website

https://cdti.com

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

CDTi Advanced Materials (NASDAQ: CDTI) is a public cleantech company that designs, manufactures, and coats catalyst solutions for diesel emissions control, methane abatement, carbon capture, and hydrogen production, serving industrial, transportation, power generation, mining, and maritime customers globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Ventura

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Catalyst and Coating Products: CDTi generates revenue primarily from the sale of catalyst products and coating services. This includes emission control catalysts, diesel particulate filters, oxidation catalysts, methane oxidation catalysts, and custom catalyst elements for industrial and power generation applications. Revenue grew from $9.0M in 2024 to $9.9M in 2025, driven by increased demand for catalyst and coating technology for emissions control systems.
2. Engineering and Coating Services: CDTi provides engineering, testing, and development support services alongside production-scale coating programs. Engagements begin with collaborative development and evolve through pilot and production-scale commercialization. Customer-sponsored catalyst and coating technology development work represents a growing revenue stream, particularly in carbon capture and methane abatement.
3. Fuel Borne Catalyst Products: Revenue from fuel additive and fuel-borne catalyst products including PatFluid, PatFluid HD, PatFluid CV (Europe), and Platinum Plus. These products improve diesel engine performance and DPF regeneration while reducing maintenance costs. Revenue from FBC products has experienced short-term volatility with new product line introductions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

CDTi designs, develops and manufactures proprietary catalyst engineering and coating technology for emissions control, including diesel particulate filters, oxidation catalysts, fuel-borne catalyst additives, and three-way catalysts. The company has expanded its core competency into emerging decarbonization markets with a two-stage methane abatement system, sorbent-coated monoliths for direct air capture (DAC), and PGM-free electrocatalysts for hydrogen production via electrolysis. CDTi also provides catalyst engineering and coating services from concept development through production-scale commercialization.

Product overview

CDTi is a catalyst engineering and coating technology company offering a comprehensive portfolio of emission control and clean energy solutions. The core product line includes diesel particulate filters (CatTrap®, PuriFilter®, CombiFilter®), fuel-borne catalysts (PatFluid®, PatFluid® HD, PatFluid® CV, Platinum Plus®), oxidation catalysts (AZ Purifier™, PuriMuffler®, Industrial Catalytic Converters, Three-Way Catalysts), and methane abatement systems. The company also provides Direct Air Capture coating technology and hydrogen production electrocatalysts for clean energy markets. Services include catalyst engineering from concept through production and coating technology services. CDTi applies decades of catalyst expertise across stationary power generation, transportation, mining, industrial emissions control, methane abatement, and carbon capture applications.

Differentiator

Problem solved

Functional benefit

Brands

• CatTrap®: Pioneering diesel particulate filter (DPF) designed over 20 years ago for mining applications, utilizing durable silicon carbide substrates and an advanced base metal catalyst to passively regenerate without increasing nitrogen dioxide emissions.
• PatFluid®
• PatFluid® HD
• PatFluid® CV
• Platinum Plus®
• CombiFilter®
• PuriFilter®

Products and services

• CatTrap® Pioneering diesel particulate filter (DPF) using a proprietary base metal catalyst and durable silicon carbide substrate for passive regeneration without increasing nitrogen dioxide (NO2) emissions. Designed for mining and heavy-duty diesel applications.
• PuriFilter® Family of diesel particulate filters built with durable silicon carbide substrates and equipped with backpressure and temperature monitors, delivering emissions control, noise reduction, and lower exhaust restriction across diesel engines.
• CombiFilter® Self-regenerating non-catalyzed DPF that collects soot for periodic regeneration; designed to work with the AZ Diesel Oxidation Catalyst for enhanced emission reduction.
• PatFluid® Trusted DPF regeneration fuel-borne catalyst additive that supports cleaner and more effective diesel particulate filter performance; in use for over 13 years and matching OEM standards.
• PatFluid® HD Combined diesel fuel additive and fuel-borne catalyst for heavy-duty applications in the USA, regenerating DPFs, improving engine performance, and reducing maintenance.
• PatFluid® CV Next-generation diesel fuel additive designed to reduce DPF blockages and injector deposits, improving engine performance, lowering maintenance costs, and extending emission control system life for commercial diesel operators in Europe.
• Platinum Plus® Premium fuel-borne catalyst that improves diesel engine performance by optimizing DPF operation, reducing DPF regeneration temperatures, and helping prevent filter blockage.
• AZ Purifier™ Diesel oxidation catalyst system featuring ceramic monoliths that reduces carbon monoxide, exhaust odor, and particulate matter while attenuating noise and lowering exhaust restriction for industrial mining applications.
• PuriMuffler® Diesel oxidation catalyst system that reduces harmful emissions while providing noise attenuation, designed for industrial mining applications with enhanced air quality and improved equipment performance.
• Industrial Catalytic Converters Catalyst and silencer systems for diesel and natural gas engines offering emissions control and noise attenuation; robust, modular solutions tailored for demanding industrial applications.
• Oxidation Catalysts Catalysts for reducing carbon monoxide, methane, VOCs, and formaldehyde in lean burn engines, and for reducing CO and hydrocarbons in diesel applications.
• Three-Way Catalysts Catalysts controlling NOx, CO, hydrocarbons, and VOCs in natural gas stoichiometric and rich burn engines for efficient emissions control in demanding applications.
• Methane Abatement System Proprietary two-stage methane abatement system combining a sulfur guard sacrificial sulfur adsorber upstream with a methane oxidation catalyst downstream, providing high methane conversion efficiency, extended catalyst life, and lower total cost of ownership.
• Direct Air Capture (DAC) Coating Technology Advanced coating technologies for Direct Air Capture systems, including sorbent-coated monoliths (air contactors) with OEM-grade coating uniformity that accelerate CO2 capture absorption and boost efficiency.
• Hydrogen Production Catalysts / Electrocatalysts PGM-free and carbon-free catalyst materials and coating technology for hydrogen production via electrolysis and steam methane reforming, improving durability and efficiency while reducing the cost of electrolyzer systems.
• Catalyst Engineering Services Integrated engineering services from concept development and prototyping through pilot and production-scale commercialization, including analytical testing, substrate selection, and coating execution for emissions and industrial applications.
• Coating Technology Services Expertise in catalyst formulation development, analytical characterization, testing, coating technology, and scalable manufacturing support for emissions and industrial applications.

Quantifiable outcome

• Up to 98% reduction in diesel particulates and carbon monoxide in mining operations
• +8 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Clairity Technology Inc.coreTechnology or Integration · 1 January 2025CDTi supplied catalyst coating for Project Juniper, the first integrated carbon capture and storage plant in the United States. This represents CDTi's first deployment of catalyst coating technology in a commercial carbon capture application.
• Leading Global Shipping Company (unnamed)coreStrategic or Co-development Partner · 1 January 2024CDTi's proprietary methane abatement system was selected for a three-vessel pilot program by a leading global shipping company. This represents entry into the maritime methane abatement market targeting IMO 2050 emission goals.
• Leading Substrate Manufacturer (unnamed)minorStrategic or Co-development Partner · 1 January 2024Initiated development work with a leading substrate manufacturer to create catalyst products to address growing global demand for direct air capture (DAC) systems.
• Global Energy Organization (unnamed)coreStrategic or Co-development Partner · 1 January 2023Signed Procurement Agreement with a global energy organization to provide catalyst engineering and coating services for clean energy initiatives. Also completed initial engineering order of components for a large-scale carbon dioxide removal (CDR) unit.
• Major Oil & Gas Company (unnamed)coreStrategic or Co-development Partner · 1 January 2023Completed feasibility study for MAMII (Methane Abatement in Maritime Initiative) targeting methane oxidation catalysts for the marine market. Supplied prototype catalysts to a major oil and gas customer. Achieved key milestones in customer-sponsored pre-production catalyst engineering and coating development for hydrogen production and carbon capture.
• Global Fuel Additives Company (unnamed)minorStrategic or Co-development Partner · 1 January 2023Developed and began supplying proprietary white label fuel-borne catalyst (FBC) product to a global fuel additives company.

Scale indicators7 records

Broad incumbents

• Johnson Matthey: Johnson Matthey is a global leader in automotive catalysts and emissions control technologies, with established OEM relationships and a multi-billion-dollar catalysts division. CDTi competes as a smaller, specialized tier-2 supplier in similar end markets (automotive emissions, mining, industrial) with a differentiated focus on PGM-free formulations and emerging DAC/methane abatement coatings.
• BASF: BASF operates a large Catalysts division covering automotive emissions, chemical process catalysts, and battery materials, with global manufacturing scale and deep OEM relationships. CDTi competes in overlapping emissions and emerging hydrogen/carbon capture markets but at a fraction of the scale, positioning itself as a niche specialty coatings provider to OEMs and emerging clean energy customers.
• Umicore: Umicore is a leading European specialty materials and catalyst company with a strong automotive catalyst business and growing presence in battery materials and recycling. Like CDTi, Umicore serves emissions control applications for OEMs but with substantially larger resources and broader product breadth across the clean energy value chain.
• Clariant: Clariant's Catalysts business produces specialty catalysts for industrial and emissions applications, including syngas, hydrogen, and emissions control. Comparable to CDTi in targeting specialty catalyst niches with high technical content, though Clariant operates at significantly greater scale and broader end-market exposure.
• Tenneco (DRiV): Tenneco's DRiV business (now operating as an independent company) is one of the largest global manufacturers of emissions control and ride performance products for automotive and commercial vehicle markets. Comparable to CDTi in producing diesel particulate filters and emissions catalyst systems, but at vastly greater scale and with established OEM contracts.

Direct peers

• Cataler Corporation: Cataler is a Japanese manufacturer of automotive catalytic converters and emissions catalysts supplying major Japanese OEMs including Toyota. Most directly comparable to CDTi in product scope (emissions catalyst coating and substrate systems) and approach (specialized tier-2 supplier), though at substantially larger scale with different geographic focus.

Emerging players

• Haldor Topsoe: Haldor Topsoe develops catalysts and process technology for hydrogen production, ammonia, methanol, and refining, with growing focus on electrolysis and Power-to-X. Comparable to CDTi in pursuing hydrogen catalyst opportunities and emerging clean energy applications, with deeper specialization in industrial-scale hydrogen and complementary R&D resources.
• Advent Technologies Holdings: Advent Technologies is a small-cap public company developing high-temperature proton exchange membrane (HT-PEM) fuel cell technology and components for hydrogen applications. Comparable to CDTi in being a small public hydrogen/catalyst technology company with portfolio overlap in reversible fuel cells, hydrogen electrolysis catalysts, and energy storage IP.

Others

• Corning Incorporated: Corning manufactures ceramic substrates and particulate filters for catalytic converters and emissions systems, serving as a key supplier to catalyst coaters and OEMs globally. While not a direct competitor, Corning is a critical substrate partner for CDTi and the broader emissions catalyst ecosystem, with overlap in mining and heavy-duty diesel filter markets.
• NGK Insulators: NGK Insulators is a leading global manufacturer of ceramic honeycomb substrates used in automotive catalytic converters and diesel particulate filters. As a substrate supplier upstream of catalyst coaters like CDTi, NGK is an essential ecosystem partner rather than direct competitor, with overlap in supporting global OEM emissions control supply chains.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/517424
• Xx.com/CDTi_Emissions

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds2 records

Investors1 record

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

M&A1 record

Investments34 records

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

Frequently asked questions about CDTI