Elvatech
Elvatech is a privately held Ukrainian manufacturer of XRF spectrometers (handheld ProSpector and benchtop ElvaX lines) serving enterprise customers in oil & gas, aerospace, automotive, petrochemical, jewelry, mining, and electronics for positive material identification, alloy verification, and compliance testing.
- Company typePrivate
- Founded1991
- HeadquartersKyiv, Ukraine
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Elvatech does
Elvatech is a privately held Ukrainian manufacturer of X-ray fluorescence (XRF) spectrometers, founded in 1991 and headquartered in Kyiv with approximately 34 employees. The company designs, develops, and produces all hardware, electronic components, and mechanical parts in-house, covering both portable handheld analyzers (ProSpector 3, ProSpector 2, ProSpector 2 LE) and benchtop spectrometers (ElvaX Basic, Plus, Pro, Jewelry Lab, RoHS, S Lab). Its core technology is Energy Dispersive X-ray Fluorescence (EDXRF) using Silicon Drift Detectors (SDD) and a patented signal-processing system that enables laboratory-grade accuracy in field and laboratory settings, with full elemental coverage from Na(11) to U(92).
Elvatech serves enterprise customers across multiple verticals, with primary focus on oil & gas and petrochemical (PMI verification, sulfur in oil), aerospace and automotive manufacturing (incoming material verification, regulatory compliance), jewelry and precious metals (gold/silver purity testing), electronics (RoHS compliance, solder bath monitoring), mining and exploration, and environmental testing. Hardware ASPs range from $20,000 for entry-level portable units to $50,000 for premium SDD analyzers, with annual calibration/service and consumables adding roughly $2,000 per unit per year. The company sells via direct enterprise field sales from Kyiv, a global network of representative offices on all continents, an authorized dealer network, and supports customers through three regional service hubs (Europe, Asia, America) plus dozens of authorized service centers.
The business model is primarily one-time capital equipment sales with modest recurring service and consumables revenue; service is explicitly positioned as a customer loyalty program rather than a profit center. Distribution is global with a particularly strong concentration of case-study evidence in Latin American and US oil & gas markets. The company has remained privately held with no external funding rounds disclosed in the input data, and operates without a public stock listing.
Elvatech firmographics
Firmographics- Name
- Elvatech
- Legal name
- Elvatech Ltd.
- Website
- https://elvatech.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Elvatech is a privately held Ukrainian manufacturer of XRF spectrometers (handheld ProSpector and benchtop ElvaX lines) serving enterprise customers in oil & gas, aerospace, automotive, petrochemical, jewelry, mining, and electronics for positive material identification, alloy verification, and compliance testing.
- Ownership category
- akta.pro rank
Elvatech industry classification
Industry- Product category
- Analytical Instruments (XRF Spectrometers)
- NAICS
- Analytical Laboratory Instrument Manufacturing (334516), Other Measuring and Controlling Device Manufacturing (334519), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)
- SIC
- Laboratory Analytical Instruments (3826), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Mass Spectrometry & Spectroscopy Instruments (HLAGAIAB)
- akta.pro secondary industries
- Analytical Instruments & Chromatography Systems (HLAGAIAA), Process Analytical Instrumentation (Gas analyzers, spectroscopy, pH/ORP, conductivity) (IMAGAFAE)
Keywords
Where Elvatech is headquartered
LocationHeadquarters
- HQ city
- Kyiv
- HQ country
- Ukraine
- HQ region
- Europe
Offices2 records
Markets served
Elvatech 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
- XRF Analyzer Hardware Sales: Elvatech designs, develops, and manufactures XRF spectrometers and analyzers sold to customers globally. Product lines include portable handheld XRF analyzers (ProSpector 3, ProSpector 2, ProSpector 2 LE) and benchtop XRF spectrometers (ElvaX Basic, ElvaX Plus, ElvaX Pro, ElvaX Jewelry Lab, ElvaX RoHS, ElvaX S Lab). These are one-time capital equipment purchases.
- Accessories and Consumables: Sale of accessories including belt holsters, silicone cases, protective cases, lab stands, Li-Ion batteries, and weld analysis nozzles. Consumables are also sold separately. These provide recurring revenue from the installed base of analyzers.
- Service and Warranty: Warranty and post-warranty maintenance services for XRF spectrometers at the service center in Kyiv, authorized service centers globally, and three global service hubs. Service is described as a loyalty program rather than a profit center, performed quickly, efficiently, and on a non-profit basis.
- Application Support and Customization: Elvatech laboratory offers to manage complex analytical tasks for demanding customers worldwide. Software can be quickly adapted to specific application needs. Team can modify spectrometers to solve new everyday production challenges.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Entry-level portable XRF analyzer for basic alloy ID and verification |
| One time/ perpetual license | Multi-year contract | Mid-range portable or benchtop XRF for multi-alloy verification |
| One time/ perpetual license | Multi-year contract | Premium SDD analyzer with full chemistry and compliance features |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
Elvatech product offering
Product offeringCore offering
Elvatech designs, develops, and manufactures X-ray Fluorescence (XRF) spectrometers, including portable handheld analyzers (ProSpector 3, ProSpector 2, ProSpector 2 LE) and benchtop laboratory spectrometers (ElvaX Pro, ElvaX Plus, ElvaX Basic, ElvaX Jewelry Lab, ElvaX RoHS, ElvaX S Lab). The instruments deliver fast, non-destructive elemental analysis of solids, powders, and liquids covering elements Na(11) to U(92), used for positive material identification, alloy and precious metals verification, sulfur analysis in petrochemicals, RoHS compliance, and mining exploration. All hardware, electronic components, and mechanical parts are developed and produced in-house at the Kyiv facility.
Product overview
Elvatech is an X-ray fluorescence (XRF) equipment manufacturer offering both portable and benchtop XRF analyzers. The product portfolio consists of three handheld models (ProSpector 3 as the flagship next-generation model, ProSpector 2, and ProSpector 2 LE) and five benchtop models (ElvaX Pro as the most powerful benchtop, ElvaX Plus for versatile applications, ElvaX Basic for cost-effective needs, ElvaX Jewelry Lab for precious metals analysis, and ElvaX S Lab for sulfur analysis in petrochemicals). The company also offers a line of accessories including belt holsters, silicone cases, protective cases, lab stands, Li-Ion batteries, and weld analysis nozzles. The products serve industries including metallurgy, petrochemicals, mining, jewelry, environmental analysis, and quality control.
Differentiator
Problem solved
Functional benefit
Brands
- ElvaX: Product line of benchtop XRF spectrometers including ElvaX Basic, ElvaX Pro, ElvaX Plus, ElvaX Jewelry Lab, ElvaX RoHS, and ElvaX S Lab models.
- ProSpector
Products and services
- ProSpector 3 Next-generation handheld XRF analyzer for enterprise buyers in oil & gas, aerospace, automotive, petrochemical, and mining needing rapid on-site PMI and alloy verification. Delivers SDD-based laboratory-grade accuracy in a rugged IP65 portable form factor with patented signal-processing for approximately 4x faster analysis than typical portable units.
- ProSpector 2 Handheld XRF platform with alloy library and PC connectivity for buyers needing a reliable, budget-friendly portable analyzer with IP54 protection.
- ProSpector 2 LE Handheld XRF with enhanced sensitivity to light elements (Mg-U), high count rate, and optional photo documentation, Bluetooth, and Wi-Fi data transfer, targeted at buyers needing light-element analysis on a portable platform.
- ElvaX Pro Most powerful ElvaX benchtop XRF spectrometer for elemental analysis of solids, powders, and liquids across Na(11) to U(92), targeting laboratories and production-control buyers needing highest accuracy, speed, and detection limits.
- ElvaX Plus Versatile benchtop analyzer with extended configuration options for a wide range of applications, serving laboratory and production buyers needing flexibility across multiple analytical tasks.
- ElvaX Basic Cost-effective benchtop EDXRF spectrometer for routine laboratory and production control, targeting buyers needing a dependable entry-level benchtop unit for basic applications.
- ElvaX Jewelry Lab Counter-top laboratory analyzer for jewelry and precious-metals buyers, providing high-accuracy non-destructive gold and silver purity testing and gold assay for retailers, refiners, and hallmarking labs.
- ElvaX RoHS Mini laboratory benchtop XRF spectrometer for fast, high-precision RoHS and hazardous-elements screening in electronics and consumer goods, serving EMS, SMT, and electronics-compliance buyers.
- ElvaX S Lab Benchtop XRF analyzer for petrochemical sulfur analysis covering 2 ppm to 5% concentration, featuring unique X-ray tube and geometry configuration for sulfur sensitivity and compliant with ASTM D4294, ISO 8754, ISO 20847, IP 336, and ASTM D6445.
Quantifiable outcome
- Analysis speed: 2-5 seconds for grade identification, 5-15 seconds for full quantitative chemistry
- +6 more outcomes
Companies that use Elvatech
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles6 records
Elvatech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Elvatech partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and major.
- Service Center Network (Global)coreElvatech provides warranty and post-warranty maintenance of XRF spectrometers at authorized service centers in dozens of countries on all continents, as well as at three global service centers in Europe, Asia, and America. Service is described as a loyalty program for customers rather than a profit center for the company.
- Representative Offices (Global)coreElvatech operates a network of representative offices located in many countries on all continents. Representatives deliver products under DDP Incoterms, provide local customer support, application consultation, and maintain customer relationships across their regions.
- Authorized Dealers (Global)majorElvatech maintains a global dealer network. Dealers are recruited through application processes where they describe their company profile, XRF brand experience, client base, and reasons for partnership. Individual payment terms are provided to regular dealers.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Elvatech competitors and assessment
Company assessmentDirect peers
- SPECTRO Analytical Instruments (AMETEK): SPECTRO, part of AMETEK, manufactures benchtop and portable XRF/XRD analyzers including the xSORT handheld used for PMI and alloy verification — a direct competing product line to ProSpector and ElvaX.
- Rigaku: Rigaku is a Japanese analytical instrument manufacturer offering both handheld and benchtop XRF spectrometers for elemental analysis. It overlaps directly with Elvatech's ElvaX benchtop and portable product lines in PMI, mining, and materials analysis.
- Evident (formerly Olympus Industrial / Innov-X): Evident (spun out of Olympus) markets the Vanta series of portable XRF analyzers used for PMI, alloy ID, and RoHS screening — a directly overlapping product with Elvatech's ProSpector line, targeting the same oil & gas, aerospace, and recycling end markets.
Broad incumbents
- Thermo Fisher Scientific (Niton XRF): Thermo Fisher is the largest analytical instrument company globally and sells the Niton line of portable XRF analyzers directly competing with ProSpector 3 in PMI, alloy, and precious-metals applications. It is the principal broad-incumbent benchmark for Elvatech in handheld XRF.
- Shimadzu: Shimadzu offers EDXRF and wavelength-dispersive XRF spectrometers for elemental analysis in research, industrial, and environmental applications, overlapping with Elvatech's ElvaX benchtop line for materials characterization.
- Hitachi High-Tech Analytical Science: Hitachi offers the X-MET and EA series of portable and benchtop XRF analyzers used for alloy verification, RoHS, and PMI — directly comparable to Elvatech's offerings and backed by a larger parent with broader analytical instrument reach.
- Malvern Panalytical: Malvern Panalytical (Spectris) offers the Epsilon and Zetium benchtop XRF spectrometers for elemental analysis in materials, mining, and pharmaceutical QC — competing with Elvatech's ElvaX Pro and Plus models in the benchtop segment.
- Bruker: Bruker offers handheld and benchtop XRF/XRF-like analyzers (including the former Olympus/Evident portable XRF product line) and is one of the largest direct competitors in portable elemental analysis for PMI, scrap, and alloy verification.
Emerging players
- Skyray Instrument: Skyray is a Chinese manufacturer of handheld and benchtop XRF analyzers targeting PMI, alloy, RoHS, and precious-metals applications — directly comparable to Elvatech's products but typically positioned at lower price points, putting pressure on entry-level tiers.
Regional players
- Focused Photonics Inc. (FPI): FPI is a Chinese manufacturer of analytical instrumentation including handheld XRF analyzers for PMI and alloy identification. Comparable to Elvatech's ProSpector line, with primary geographic concentration in China and Asia.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Elvatech social profiles
Digital presenceElvatech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elvatech leadership team
Management profileNumber of profiles
Elvatech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elvatech 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 Elvatech
What does Elvatech do?
Elvatech designs, develops, and manufactures X-ray Fluorescence (XRF) spectrometers, including portable handheld analyzers (ProSpector 3, ProSpector 2, ProSpector 2 LE) and benchtop laboratory spectrometers (ElvaX Pro, ElvaX Plus, ElvaX Basic, ElvaX Jewelry Lab, ElvaX RoHS, ElvaX S Lab). The instruments deliver fast, non-destructive elemental analysis of solids, powders, and liquids covering elements Na(11) to U(92), used for positive material identification, alloy and precious metals verification, sulfur analysis in petrochemicals, RoHS compliance, and mining exploration. All hardware, electronic components, and mechanical parts are developed and produced in-house at the Kyiv facility.
Is Elvatech a public or private company?
Elvatech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Elvatech founded?
Elvatech was founded in 1991. It employs 11 to 50 people.
Where is Elvatech based?
Elvatech is headquartered in Kyiv, Ukraine, in the Europe region.
How does Elvatech make money?
Four revenue lines are on record. XRF Analyzer Hardware Sales are the primary driver. The others are accessories and Consumables, service and Warranty and application Support and Customization.
Who are Elvatech's main competitors?
Direct peers on record are SPECTRO Analytical Instruments (AMETEK), Rigaku and Evident (formerly Olympus Industrial / Innov-X). Broad incumbents are Thermo Fisher Scientific (Niton XRF), Shimadzu, Hitachi High-Tech Analytical Science, Malvern Panalytical and Bruker. Skyray Instrument is listed as an emerging player. Focused Photonics Inc. (FPI) is listed as a regional player.
Does Elvatech have an API?
No public API is recorded for Elvatech.
What industry is Elvatech in?
Elvatech's product category is Analytical Instruments (XRF Spectrometers). Its primary akta.pro industry code is HLAGAIAB, Mass Spectrometry & Spectroscopy Instruments, with a secondary code of HLAGAIAA, Analytical Instruments & Chromatography Systems. Its NAICS code is 334516 and its SIC code is 3826.