IceTech

What IceTech does

Cold Jet, operating under the IceTech analysis scope, manufactures dry ice blasting and dry ice production systems used for industrial cleaning, surface preparation, and cold-chain logistics. The company's core technology uses recycled CO2 to produce dry ice pellets that are propelled at surfaces to remove contaminants, coatings, and residues without abrasion, chemicals, or secondary waste. On-site dry ice production systems and a CO2 recovery module enable customers to generate and reuse CO2 on demand, supporting circular-economy and sustainability mandates. The equipment portfolio spans standalone dry ice blasting units, integrated blasting systems, dry ice production equipment, CO2 recovery systems, and CO2 capture for biogas upgrading, supported by a connected services platform branded Cold Jet CONNECT.

Cold Jet sells primarily to enterprise industrial manufacturers across aerospace, automotive, food and beverage, medical equipment, plastics, packaging, foundry, power generation, oil and gas, and contract cleaning, with a stated global install base exceeding 15,000 units. Named customers include 3M, Apple, GE, Honeywell, Johnson and Johnson, John Deere, Goodyear, Bayer, and Frito Lay. Revenue is generated through three streams: equipment sales (hardware), parts, accessories and dry ice consumables, and professional services including preventative maintenance, installation, training, and the Cold Jet CONNECT service offering.

The go-to-market model is direct enterprise field sales with on-site demonstrations, supplemented by inside sales, virtual demos, and a global service center network for installation and after-sales support. Pricing is not publicly disclosed and is handled through custom quotes and multi-year service contracts. The company is privately held, was founded approximately 1989, and operates its global headquarters from Loveland, Ohio. Note: input firmographics list 11-50 employees and a 1998 founding date for IceTech, which conflicts with the 35+ year history and 15,000+ install base described on the company website; this discrepancy is preserved as a data-quality flag rather than reconciled.

Name

IceTech

Legal name

Cold Jet

Website

https://icetechworld.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

IceTech (Cold Jet) manufactures dry ice blasting and on-site dry ice production systems for industrial cleaning and surface preparation, serving enterprise manufacturers across aerospace, automotive, food and beverage, medical, and packaging sectors globally through direct field sales and a 15,000+ unit install base.

Ownership category

akta.pro rank

Product category

Industrial Cleaning Equipment

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Surface Treatment & Finishing Equipment (Coating, Plating, Deburring, Shot Blasting) (IMAHADAJ)

Keywords

• Dry ice blasting
• Industrial cleaning equipment
• Dry ice production systems
• Surface preparation solutions
• CO2 recovery systems

Headquarters

HQ city

Loveland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Sales: Sale of dry ice blasting machines and dry ice production systems, including standard and custom solutions for industrial applications.
2. Parts, Accessories & Consumables: Sale of replacement parts, accessories, and dry ice as consumable for ongoing operations.
3. Service & Maintenance: Preventative maintenance, service & repair, and installation & training services for equipment.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

IceTech designs and manufactures dry ice blasting systems and dry ice production systems for industrial cleaning and surface preparation, using recycled CO2 to deliver non-toxic, non-abrasive, and waste-free cleaning. The company also offers integrated blasting equipment, CO2 recovery systems, and carbon capture solutions for biogas upgrading, supported by aftermarket parts, accessories, and a full suite of installation, training, preventative maintenance, and repair services.

Product overview

Cold Jet offers a comprehensive portfolio of dry ice-based industrial solutions centered around two main product lines: dry ice blasting systems and dry ice production systems. Their dry ice blasting equipment provides non-toxic, non-abrasive, and waste-free cleaning for applications across diverse industries including aerospace, automotive, food & beverage, medical equipment, and manufacturing. The dry ice production systems enable on-site generation of high-quality dry ice for cold chain logistics, food processing, airline catering, and life sciences applications. The portfolio also includes integrated blasting equipment, CO2 recovery systems for sustainability, and a full suite of service offerings including preventative maintenance, installation, training, and the Cold Jet CONNECT service platform. The company emphasizes eco-friendly solutions that utilize recycled CO2 to minimize environmental impact while delivering superior cleaning and cooling performance.

Differentiator

Problem solved

Functional benefit

Products and services

• Dry Ice Blasting Systems Advanced dry ice blasting systems offering superior cleaning power and precision for removing contaminants, coatings, and residues without damaging delicate surfaces, used by industrial manufacturers across aerospace, automotive, food and beverage, medical equipment, plastics, and other sectors.
• Dry Ice Production Systems Efficient on-site production systems for generating high-quality dry ice used in food processing, cold chain logistics, airline catering, life sciences, and other industrial applications, reducing reliance on external dry ice suppliers.
• Integrated Blasting Equipment Combined dry ice blasting solutions that integrate multiple systems to streamline industrial cleaning operations for manufacturers seeking a single integrated setup.
• CO2 Recovery System Standalone system for recovering and recycling CO2 into dry ice production, supporting circular economy initiatives and reducing reliance on virgin CO2 supply for industrial cleaning customers.
• CO2 Capture for Biogas Upgrading Carbon capture technology designed for biogas upgrading applications, sold as a standalone offering for industrial and sustainability customers.
• Cold Jet CONNECT Connected services platform offering maintenance, repair, and support services for IceTech dry ice equipment, sold as a service contract for installed systems.
• Parts & Accessories Genuine replacement parts and accessories for dry ice blasting and production equipment maintenance and performance optimization, sold as aftermarket consumables and replacement items.
• Service & Repair Technical service and repair support for dry ice blasting and production equipment, delivered through the company's global service network for enterprise customers.
• Preventative Maintenance Scheduled preventative maintenance programs sold as recurring service contracts to ensure reliability and longevity of installed dry ice equipment.
• Installation & Training Professional installation and operator training services for dry ice blasting and production equipment, sold as implementation services for new equipment purchases.

Quantifiable outcome

• Payback period of 1 month (vs 6 months estimated) for dry ice cleaning systems
• +2 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Donaldson Company: Donaldson manufactures filtration systems and industrial air cleaning equipment. Comparable as an incumbent in industrial air and surface cleaning adjacent to Cold Jet's dry ice blasting solutions for manufacturing customers.
• Alfa Laval: Alfa Laval manufactures heat transfer, separation, and fluid handling equipment used across food, pharmaceutical, and industrial markets. Comparable as a broad industrial incumbent whose heat transfer technology overlaps with Cold Jet's dry ice production systems.
• Dürr AG: Dürr AG is a global industrial cleaning and surface treatment equipment manufacturer serving automotive and industrial customers. Comparable as a broad incumbent with overlapping surface preparation technology offerings aimed at similar enterprise manufacturing accounts.
• Atlas Copco: Atlas Copco produces industrial compressors, vacuum solutions, and assembly equipment. Comparable to Cold Jet as a broad industrial incumbent whose compressed air technology underpins dry ice blasting systems and similar industrial cleaning equipment.
• Illinois Tool Works: Illinois Tool Works is a diversified industrial manufacturer with businesses in surface treatment, finishing, and cleaning equipment. Comparable as a broad incumbent with overlapping industrial cleaning and surface preparation technologies serving similar manufacturing customers.
• Bühler Group: Bühler Group supplies industrial processing equipment with a strong food processing focus, overlapping with Cold Jet's food & beverage cleaning and cold chain applications. Comparable as an incumbent serving similar enterprise industrial customers.
• Parker Hannifin: Parker Hannifin manufactures motion and control technologies including industrial filtration and fluid handling components used in cleaning and surface treatment systems. Comparable as a broad incumbent supplying industrial cleaning technology ecosystems.

Direct peers

• Kärcher: Kärcher is a global leader in cleaning technology with a product line that includes dry ice blasting systems. Comparable to IceTech/Cold Jet as a direct competitor in industrial dry ice cleaning equipment serving similar enterprise manufacturing customers.
• TOMCO2 Systems: TOMCO2 Systems manufactures dry ice production equipment and supplies, directly competing with Cold Jet's dry ice production systems line. Highly comparable business model focused on CO2-based cooling solutions for industrial and food customers.
• Hammelmann (Aquajet): Hammelmann produces high-pressure water jetting and industrial cleaning systems under the Aquajet brand. Comparable to Cold Jet as a direct competitor in industrial surface preparation and cleaning equipment targeting similar manufacturing applications.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 IceTech