BEAVER FALLS, Pa.—McDanel Advanced Material Technologies, an Artemis company, recently expanded its technology portfolio of advanced material offerings and manufacturing capabilities with its acquisition of Rayotek Scientific, Artemis said in a company release.
Rayotek Scientific is a specialty advanced materials manufacturer of high-performing optical window and mirror systems for the aerospace, defense, space, and semiconductor industries. With services ranging from research-to-design and prototype-to-test, Rayotek specializes in a variety of sapphire, glass, and related advanced materials to manufacture products that are said to enable best-in-class performance in harsh operating environments. The company has closely partnered with customers for more than 30 years to help consult, engineer, and solve their most mission-critical performance requirements, the release said.
Together, the combined organization will work to use its consolidated material science expertise to better meet customer needs. Rayotek will continue to operate from its existing headquarters in San Diego, California, “in direct service and commitment to the company’s customers, employees, and community,” according to the release.
“We are very excited to be partnering with the Rayotek Team,” said McDanel Advanced Material Technologies President and Chief Operating Officer Michael Ingram, in the release. “Our organizations complement each other in a variety of ways. From shared core values, customer-driven approach, and passion for solving complex material science challenges, we are excited about Rayotek’s bright future and look forward to building upon the strengths of a combined organization and team.”
Artemis, a private equity firm that acquired McDanel in 2022, said it worked hand-in-hand with the senior leadership team to develop and implement a strategic plan that prioritizes customers, technology, and people. “The entire team is excited to welcome Rayotek into the McDanel family with a deep appreciation for the opportunity to continue the legacy of Rayotek, built by William Raggio, Jessica Yadley, Lisa Lorentzian, and their team,” the release said.
McDanel Advanced Material Technologies is a developer and manufacturer of high-performance, proprietary advanced materials. The materials are used in mission-critical applications across the aerospace defense, medical, semiconductor, and other diversified industrial end-markets. In addition to its portfolio of high-purity materials, the company said it offers a range of machining and R&D capabilities that enable it to provide highly engineered advanced materials designed to perform under tight specifications and withstand extreme environments.