Portfolio company Tekna secures USD 8.1 million multi plasma system order from new US critical minerals customer

Tekna (OSE: TEKNA), a world-leading provider of plasma technology systems and advanced materials, is pleased to announce it has received a systems order valued at USD 8.1 million from a new US-based customer in the critical minerals industry. 
 

Tekna will supply an integrated solution comprised of two systems, enabling the customer to manufacture a critical mineral in high-purity powder form using Tekna’s plasma technology. The customer is a US-based materials and process development company, and the project is part of the US Critical Minerals Initiative. 
 

Tekna expects an accelerated delivery of the first system by early 2027. The second system is expected to be delivered in the second half of 2027. There are discussions ongoing for a possible third system for a different program. No further information can be disclosed at this time. 
 

“This order reflects the trust our customers place in Tekna’s plasma technology to power their most demanding materials development and production needs,” says Claude Jean, CEO of Tekna. “Securing a project of this scale in the US market, with the potential for further expansion, underscores the strength of our integrated plasma solutions and our commitment to supporting innovation in advanced materials.”
 

Tekna’s Inductively Coupled Plasma technology is acclaimed for enabling state-of-the-art research and manufacturing capabilities in advanced materials, offering various configurations to meet the needs of diverse industries and academic research sectors. 
 

This USD 8.1 million contract represents the equivalent of Tekna’s total 2025 revenue within the Systems business area (“BA”), and is a substantial contribution to the Company’s target of delivering double digit annual revenue growth towards 2030, with Materials BA also continuing to show significant momentum.