Strategic Partnerships Praxair Surface Technologies has recently partnered with Velo3D to supply domestic copper-nickel powder for advanced 3D printing and naval applications, highlighting opportunities to collaborate with high-tech organizations involved in aerospace and defense industries.
Innovation in Materials The company's focus on developing specialized metal powders such as copper-nickel for high-performance industries positions it as a supplier for advanced manufacturing segments like aerospace, space, and naval defense, creating potential avenues for expansion into these markets.
Industrial Application Focus Their core offerings in protective coatings and advanced materials are critical across multiple heavy industries, including manufacturing, energy, and transportation sectors, indicating potential sales growth by targeting companies seeking durable, high-quality surface solutions.
Market Positioning With a revenue range of $250M to $500M and collaborations in the aerospace and naval sectors, Praxair Surface Technologies is well-positioned to leverage its technical expertise and global resources to scale up in the high-value segments of industrial machinery and advanced materials.
Technological Edge Utilization of advanced digital tools like SAP and Hyperion suggests a focus on efficiency, quality management, and innovation, making the company an attractive partner for businesses looking for technologically advanced surface solutions for demanding applications.