Metamaterials Market,By Product Type (Electromagnetic, Terahertz, Tunable, Photonic, Frequency Selective Surface (FSS)), By Application (Antenna and Radar, Sensors, Cloaking Devices, Superlens, Light, Sound Filtering), By End Use Industry (Healthcare, Telecommunication, Aerospace and Defense, Electronics, Automotive), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jun 2023

Code : CMI2834

Pages :160

Formats :

Excel and PDF

Industry : Semiconductors

Market News

Global Metamaterials Market: Key Developments

Major market players are focusing on product launches in order to enhance their product portfolio. For instance,

In April 2022, Meta Materials Inc., a company that develops high-performance functional materials and nanocomposites, acquired Plasma App Ltd., a company that develops PLASMAfusion, a technology that enables high-speed coating of any solid material. Meta Materials Inc. expects to apply PLASMAfusion to the metallization step in its roll-to-roll production process for NANOWEB films as well as KolourOptik security films.

In November 2022, Meta Materials Inc., a producer of high-performance functional materials and nanocomposites, declared the opening of its new Dartmouth, Nova Scotia, headquarters and Centre of Excellence. The 68,000-square-foot cutting-edge facility is the only one in Canada that combines cutting-edge semiconductor packaging, distinctive materials, chemistry research, and the design and production of holographic and other optical products.

In June 2022, Echodyne Corp., a developer of meta materials-based radar technology, recently announced the start of a US$D 135 million fundraising round led by Baillie Gifford and Bill Gates to ramp up production, announced the plans to test metamaterials-based radars for defense, security, and autonomy applications .

In October 2021, HUBNER Photonic, a supplier of a wide range of high-performance lasers and terahertz systems, announced the acquisition of Germany-based VALO Innovations GmbH, expanding its technology portfolio. VALO Innovations' fiber laser technology consists of single-frequency CW and Q-switched lasers, C-FLEX laser couplers, and has broad applications in bioimaging, spectroscopy, and micromachining.

In November 2020, the KymetaTM and u8 Kymeta ConnectTM will be available for purchase by the government and businesses, according to a statement from Kymeta Corporation, a satellite communications company based in the U.S. These goods are anticipated to assist the business in enhancing mobile cellular networks and providing broadband satellite connectivity.