InnovEco
InnovEco Australia is a privately held engineering company that distributes Dymet Low Pressure Cold Spray equipment in Australia and the South Pacific, and provides Ion Exchange and NGMX (RIP/RIMM) technologies for mining, wastewater treatment, and metal deposition applications.
- Company typePrivate
- Founded2003
- HeadquartersEnfield, Australia
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What InnovEco does
InnovEco Australia is a privately held engineering company founded in 2003 and headquartered in Adelaide, South Australia, operating as part of a global group with products distributed across more than 15 countries in North America, Europe and Asia. The company specialises in chemical engineering for the mining industry, wastewater treatment, and metal spraying, and works directly with customers to identify, test, package, deliver and service its technologies.
The company is built around three technology pillars. The first and leading offering is Dymet Cold Spray, a Low Pressure Cold Spray (Dynamic Metallisation) process that accelerates fine metal powder particles — aluminium, copper, tin, zinc, lead, nickel — in a supersonic air stream so that they bond to a substrate on impact at near-room temperature without melting, producing coatings with high adhesion, density and conductivity. Equipment (most prominently the portable Dymet 423 unit) is sold alongside specialty powders and accessories. The second pillar is Ion Exchange technology, providing laboratory tests, pilot plant trials and full-scale plant design, construction and operation for metal recovery and water/wastewater treatment. The third pillar is the patented NGMX RIP and RIMM technologies, which target copper recovery from tailings, wastes and low-grade ores and are positioned against a stated global market exceeding US$1.2 billion.
The business model combines hardware sales (Dymet equipment and powders), professional services (Ion Exchange plant design and operation), and licensing/royalties (NGMX). Customers span mining, automotive, aerospace and defence, oil and gas, marine, power generation, surface finishing and tooling sectors. InnovEco holds exclusive Dymet distribution rights for Australia and the South Pacific, with broader international reach delivered through its global group affiliates. Marketing relies on a company website, a YouTube channel and LinkedIn presence. Headcount is small (1-10), the company is private, and no revenue or material funding events are disclosed in the available data.
InnovEco firmographics
Firmographics- Name
- InnovEco
- Legal name
- InnovEco Australia
- Website
- https://innoveco.com.au
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- InnovEco Australia is a privately held engineering company that distributes Dymet Low Pressure Cold Spray equipment in Australia and the South Pacific, and provides Ion Exchange and NGMX (RIP/RIMM) technologies for mining, wastewater treatment, and metal deposition applications.
- Ownership category
- akta.pro rank
Where InnovEco is headquartered
LocationHeadquarters
- HQ city
- Enfield
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
InnovEco business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Dymet Cold Spray Equipment Sales and Service: Sale and distribution of Dymet 423 low pressure cold spray equipment along with specially formulated powder materials for various metal coating applications.
- Ion Exchange Technology Services: Services at all stages of ion exchange technology implementation including laboratory tests, pilot plant trials, and full scale plant design, construction and operation for metal recovery and water treatment.
- NGMX Technology Commercialisation: Patented technologies for Australian mining sector including RIP and RIMM technologies for mine rehabilitation, targeting copper recovery from tailings, wastes and low grade ores.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
InnovEco product offering
Product offeringCore offering
InnovEco distributes and services the Dymet Low Pressure Cold Spray (Dynamic Metallisation) equipment and powder consumables in Australia and the South Pacific, delivering on-site metal deposition, repair, and protective coating solutions for industrial customers. The company also implements ion exchange technology solutions for metal recovery and water/wastewater treatment, and commercialises the patented NGMX RIP and RIMM technologies for mining tailings reprocessing and mine rehabilitation.
Product overview
InnovEco Australia is an innovative engineering company offering a portfolio of physical and chemical technologies for the mining industry, wastewater treatment, and metal spraying. The core product is Dymet Cold Spray, a Low Pressure Cold Spray technology for metal deposition and repair, sold alongside Ion Exchange technology for water treatment and metal recovery, and NGMX patented technologies for mining sector rehabilitation. Dymet operates as the primary commercial offering, distributed through a global group across 15+ countries, while Ion Exchange and NGMX provide complementary solutions for water treatment and mining applications respectively.
Differentiator
Problem solved
Functional benefit
Brands
- Dymet: Low Pressure Cold Spray technology for metal deposition, repair, and protective coatings. Used in restoration of metal parts, anti-corrosive coatings for automotive, energy, aerospace, and defence applications.
- Ion Exchange
- NGMX
Products and services
- Dymet Cold Spray System Low Pressure Cold Spray (Dynamic Metallisation) equipment and consumables line for metal deposition, repair, and protective coating. Uses supersonic gas jets to bond metal powder particles (aluminium, copper, tin, zinc, lead, nickel) to substrates at near-room temperature without melting, providing high adhesion and coating density for industrial customers in mining, automotive, aerospace, defence, oil and gas, marine, and power generation.
- Dymet 423 Portable Cold Spray Equipment Portable Low Pressure Cold Spray equipment for deposition of aluminum, zinc, copper, nickel, tin, and lead metal coatings. Features two powder feeders and spraying gun, can be operated manually or integrated into automated/robotic systems, and is suitable for field conditions and rugged environments.
- Ion Exchange Technology Solutions End-to-end ion exchange solutions for recovering valuable metals, removing toxic compounds, processing mining wastes, and purifying drinking, industrial, and waste water. Delivered as professional services including laboratory tests, pilot plant trials, and full-scale plant design, construction, and operation for industrial and mining customers in Australia.
- NGMX RIP and RIMM Technologies Patented NGMX RIP and RIMM technologies commercialised for the Australian mining sector, targeting copper recovery from tailings, wastes, and low-grade ores and providing environmental solutions for mine rehabilitation. Available through licensing/royalty arrangements with estimated global market potential exceeding US$1.2 billion.
Companies that use InnovEco
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
InnovEco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
InnovEco partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Dymet Technology DevelopercoreInnovEco Australia is the Dymet Cold Spray distributor in Australia and South Pacific region. Dymet is InnovEco's leading product due to its versatility ranging from restoration of metal parts and anti-corrosive coatings for automotive and energy sectors through to aerospace and defence applications.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
InnovEco competitors and assessment
Company assessmentBroad incumbents
- Bodycote: Largest commercial thermal processing and surface treatment services provider globally, offering metal coating, heat treatment, and hot isostatic pressing. Compares to InnovEco on the metal coating and component restoration side of the Dymet business, though serving a much broader industrial base.
- Curtiss-Wright Surface Technologies: Division of Curtiss-Wright providing outsourced surface treatment services including shot peening, coatings, and specialty processes for aerospace, defence, and industrial customers. Comparable to InnovEco's component restoration and protective coating applications, with significantly larger scale.
- Praxair Surface Technologies: Surface coating and thermal spray services business, now part of Linde following the Praxair–Linde merger. Compares to InnovEco on anti-corrosive and engineered metal coatings applied via spray processes for aerospace, power, and industrial customers, but at substantially larger scale.
- Oerlikon Metco: Global leader in surface solutions and thermal spray equipment, materials, and services. Significantly larger incumbent that overlaps with InnovEco's metal spraying business as part of a much broader industrial coating portfolio spanning aerospace, automotive, and energy customers.
Direct peers
- Titomic: Australia-listed (ASX:TTT) cold spray equipment and services company headquartered in Melbourne. Most directly comparable peer to InnovEco's Dymet line, competing in the same geography with a proprietary kinetic metal deposition platform targeting aerospace, defence, mining, and oil & gas customers.
- Flame Spray Technologies: Dutch manufacturer of thermal and cold spray equipment, including low-pressure cold spray systems. Direct competitor to Dymet and InnovEco's cold spray equipment business, serving similar industrial coating and restoration customers worldwide.
- Impact Innovations: German cold spray equipment manufacturer offering high-pressure cold spray systems and contract coating services. Comparable to InnovEco's Dymet offering as a focused cold spray specialist, though operating in Europe rather than Australia.
Emerging players
- Jetti Resources: US-based technology company with proprietary catalytic process to extract copper from low-grade primary sulphide ores. Comparable to InnovEco's NGMX RIP/RIMM technologies on the targeting of 'stranded' copper in low-grade and waste materials, though focused on in-situ leaching rather than tailings reprocessing.
Regional players
- Clean TeQ Water: Australian-listed water treatment technology company focused on metals recovery, desalination, and wastewater treatment for mining and industrial customers. Highly comparable to InnovEco's Ion Exchange line on mining-related water and metals recovery applications, with similar Australian geographic exposure.
Others
- Purolite: Ecolab-owned manufacturer of ion exchange resins and adsorbents used in water purification and metals recovery. Comparable to InnovEco's Ion Exchange technology on the resin-based separation and metal recovery chemistry underpinning its mining water treatment offering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
InnovEco social profiles
Digital presenceInnovEco financial estimates
Financial estimateRevenue estimate
Valuation estimate
InnovEco leadership team
Management profileNumber of profiles
Profiles1 record
InnovEco funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InnovEco 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 InnovEco
What does InnovEco do?
InnovEco distributes and services the Dymet Low Pressure Cold Spray (Dynamic Metallisation) equipment and powder consumables in Australia and the South Pacific, delivering on-site metal deposition, repair, and protective coating solutions for industrial customers. The company also implements ion exchange technology solutions for metal recovery and water/wastewater treatment, and commercialises the patented NGMX RIP and RIMM technologies for mining tailings reprocessing and mine rehabilitation.
Is InnovEco a public or private company?
InnovEco is a private company. It is classified as corporate owned and is currently operating.
When was InnovEco founded?
InnovEco was founded in 2003. It employs 1 to 10 people.
Where is InnovEco based?
InnovEco is headquartered in Enfield, Australia, in the Oceania region.
How does InnovEco make money?
Three revenue lines are on record. Dymet Cold Spray Equipment Sales and Service is the primary driver. The others are ion Exchange Technology Services and NGMX Technology Commercialisation.
Who are InnovEco's main competitors?
Broad incumbents on record are Bodycote, Curtiss-Wright Surface Technologies, Praxair Surface Technologies and Oerlikon Metco. Direct peers are Titomic, Flame Spray Technologies and Impact Innovations. Jetti Resources is listed as an emerging player. Clean TeQ Water is listed as a regional player. Purolite is listed as an others.
Does InnovEco have an API?
No public API is recorded for InnovEco.