Tekna Holding ASA (Tekna, OSE: TEKNA), a world-leading provider of induction plasma technology and advanced manufacturing materials, has received an order in excess of $9M CAD for a PlasmaSonic wind tunnel testing facility. Tekna’s PlasmaSonic solutions are key to advancing the development of new thermal protection materials required for hypersonic flight and orbital re-entry vehicles.
“This is the third PlasmaSonic order within the past two years, confirming the growing interest for hypersonic and space travel and the rebound in the systems market. The equipment will be delivered in early 2024 and is a central piece to the customer’s hypersonic wind tunnel ground testing infrastructure,” said Luc Dionne, CEO of Tekna Holding ASA.
Tekna has been a portfolio company of Arendals Fossekompani since 2014.
“By securing this order, Tekna demonstrates the ability to provide cutting-edge technology to some of the most demanding customers in the universe,” says Ørjan Svanevik, CEO of Arendals Fossekompani.
Tekna regularly supports the largest research laboratories and original equipment manufacturers (OEMs) worldwide to accelerate materials development and push the limits of hypersonic flights for aerospace and defense applications. The company has identified a potential CAD 220 million market of similar hypersonic wind tunnel material testing facilities.
“Hypersonic speed travel and atmospheric re-entry of space vehicles require overcoming high temperatures and pressures generated by the friction of gases that causes wear and tear on spacecraft heat shields. Tekna’s Plasmasonic portfolio includes an array of automated induction plasma wind tunnels, with built-in instrumentation and robotics that are designed to replicate for hours high altitude (around 70 km) and high velocity (up to Mach 25) faced by a spacecraft during its re-entry into the atmosphere,” said Romain Vert, Director for Global Systems Sales of Tekna Plasma Systems Inc.
This PlasmaSonic order will be booked as order intake in the Systems segment in the fourth quarter of 2022.
About Tekna Holding ASA | www.tekna.com
Tekna is a world-leading provider of advanced materials to industry, headquartered in Sherbrooke, Canada. Tekna produces high-purity metal powders for applications such as 3D printing in the aerospace, medical and automotive sectors, as well as optimized induction plasma systems for industrial research and production. With its unique, IP-protected plasma technology, the company is well positioned in the growing market for advanced nanomaterials within the electronics and batteries industries. Building on 30 years of delivering excellence, Tekna is a global player recognized for its quality products and its commitment to its large base of multinational blue-chip customers.
About Tekna’s PlasmaSonic products
Tekna PlasmaSonic products are high enthalpy ground testing facilities used in experimental investigations of heat shield materials and thermal protection systems (TPS). The main purpose of this equipment is to reproduce the severe conditions of an object travelling at high velocity or during its re-entry into the atmosphere. A material sample can be tested under high enthalpy, high velocity, and high heat flux. Tekna manufactures integrated systems using three main plasma technologies specific to high enthalpy material testing facilities (Induction Plasma Heater, Huels Plasma Heater, Segmented Plasma Heater) and offers a high level of process integration and instrumentation.
More about Plasmasonic: www.youtube.com/watch?v=IBuWToKwyCM&t=6s&ab_channel=Tekna
About Arendals Fossekompani | www.arendalsfossekompani.no
Arendals Fossekompani is a long-term investment company that owns energy- and technology-related companies which enable the transition to energy security and next generation industrial technologies. Arendals Fossekompani operates globally in a number of future-oriented industries, including 3D printing, wireless charging, algo trading, satellite services, battery- and solar technology, software, and digitization. Established in 1896, Arendals Fossekompani has been a proud producer of renewable hydro power for more than 100 years. The company is headquartered in Arendal, Norway and listed at the Oslo Stock Exchange.