Metamaterials Companies: Kymeta Corporation, Echodyne Corp., and Metamaterial Technologies, Inc., etc.

The objective of the metamaterials market is to foster active engagement from key players through strategic partnerships, research and development, and global expansion. Companies aim to drive innovation by leveraging collaborations to enhance technological capabilities and grow market reach which is contributing to metamaterials market growth.

The competitive landscape covers a comprehensive analysis of the metamaterial’s competitive matrix, key players benchmarking, and insights into mergers and acquisitions. It delves into market structure, highlighting leaders, followers, and emerging players. Detailed company profiles for key players such as Echodyne Inc., Kymeta Corporation, and others are provided, including their business portfolios, financials, SWOT analyses, and recent developments, offering a complete overview of the industry landscape.

The Metamaterials Market was valued at USD 7.77 Billion in 2023 and the total revenue is expected to grow at 36.7% CAGR from 2024 to 2030, reaching nearly USD 69.33 Billion The report includes a detailed examination of prominent players in the metamaterials market, such as Echodyne Inc., known for its innovative radar technology; Kymeta Corporation, specializing in flat-panel antennas; and Metamaterial Technologies, Inc., with its advanced materials for various applications. Other key companies are Fractal Antenna Systems, Evolv Technologies, and JEM Engineering, LLC., each contributing unique solutions to the field. The analysis also encompasses MetaShield LLC., Multiwave Technologies AG, Opalux, Inc., Phoebus Optoelectronics, LLC, Plasmonics, Inc., Teraview, Metamagnetics, Nanohmics Inc., NKT Photonics, Harris Corporation, and Newport Corporation, offering a comprehensive overview of their business portfolios, financials, and recent developments. Echodyne Inc. Echodyne, headquartered in Kirkland, Washington, specializes in designing and developing solid-state radar platforms, leveraging its proprietary Metamaterials Electronically Scanned Array (MESA) technology. This innovation breaks through the traditional cost barriers of electronically scanned array (ESA) radar systems long considered the gold standard in performance by offering high-performance, cost-effective solutions. Echodyne’s palm-sized MESA radars, priced under USD 50,000 per unit, are designed for mission-critical security tasks, such as counter-unmanned aerial systems (C-UAS), special event security, and unmanned aerial system (UAS) autonomy. The radars deliver capabilities similar to those found in expensive military systems but at a significantly lower cost. MESA technology supports uses in autonomy, machine perception, and smart city developments, enabling the more accessible deployment of autonomous flying and driving machines. • In 2022, Echodyne, a U.S.-based radar technology provider, has launched a $135 million funding round to increase production of its advanced radar systems. Based in Kirkland, Washington, the company specializes in solid-state radars powered by its patented metamaterials electronically scanned array (ESA) technology, which reduces size, weight, and power consumption (SWaP). Echodyne’s radar solutions, such as EchoGuard, EchoFlight, and EchoDrive, are designed for defense, security, and autonomous applications. EchoGuard, for instance, provides precise 3D coordinates and fast updates for border security, AI, and machine perception through easy-to-use APIs and flexible software. Kymeta Corporation Kymeta's technology is rooted in scientific advancements in metamaterials, leading to the development of a world-class flat-panel antenna. Kymeta Broadband, the resulting terminal, exemplifies the fusion of research and innovation into a top-tier product. A team at Intellectual Ventures pioneered the first 2D scanning prototype of a metamaterial antenna, capable of scanning in two directions rather than just one axis. Kymeta is commercializing this electronically scanned metamaterial antenna, utilizing diffractive metasurfaces and high-birefringence liquid crystals, making it the first company to bring metamaterial technology to market. Their metasurface technology offers efficient, electronically steered antenna performance, eliminating the need for costly and power-intensive phase shifters and amplifiers. Backed by a broad patent portfolio, Kymeta continues to innovate metamaterial science, enhancing satellite scanning capabilities and delivering superior performance for mobile applications. Recent Development:

• On September 29, 2023, the collaboration between Meta Materials Inc. (META) and Panasonic Industry is closely related to the emerging field of metamaterials. META’s NANOWEB technology, a form of transparent conductive film, is a metamaterial-based innovation that leverages nanoscale patterns to enhance conductivity while maintaining transparency. This breakthrough is particularly useful in applications requiring electromagnetic interference (EMI) shielding, transparent antennas, and heaters for automotive sensors. Metamaterials like NANOWEB exhibit unique electromagnetic properties not found in natural materials, enabling the development of advanced transparent conductive films that perform better in various high-tech applications such as smart windows, flexible solar cells, and transparent heaters. These advancements demonstrate how metamaterials are shaping next-generation technologies across industries including automotive and consumer electronics

• On September 12, 2023, Echodyne, a radar platform company, declared it had received FCC Authorization for its EchoShield radar, enabling its use for non-experimental purposes. This authorization comes amid rising demand for Echodyne’s software-defined, multi-mission radars across defense, government, critical infrastructure, and advanced air mobility markets. Built on patented Metamaterials Electronically Scanned Array (MESA) technology, EchoShield radars offer a cost-effective alternative to traditional electronically scanned array (ESA) radars while maintaining high performance. The growing demand is driven by the need for compact, portable, and efficient radars to counter modern threats, particularly drones, which are increasingly used as low-cost weapons. Echodyne’s radars provide a symmetrical response to these threats, offering affordable, high-performance solutions for mission-critical security applications, including Counter-UAS operations.

1. Metamaterials Market Competition Matrix 2. Key Players Benchmarking • Company Name • Product Segment • End User Segment • Revenue • Manufacturing Locations 3. Mergers and Acquisition 4. Market Structure of Companies • Market Leaders • Market Followers • Emerging Players 5. Metamaterials Market Manufacturing Company Profile: Key Players 5.1. Echodyne Inc. • Company Overview • Business Portfolio • Financial Overview • SWOT Analysis • Strategic Analysis • Recent Developments 5.2. Fractal Antenna Systems 5.3. Evolv Technologies 5.4. JEM Engineering, LLC. 5.5. Kymeta Corporation 5.6. Metamaterial Technologies, Inc. 5.7. MetaShield LLC. 5.8. Multiwave Technologies AG 5.9. Opalux, Inc. 5.10. Phoebus Optoelectronics, LLC 5.11. Plasmonics, Inc. 5.12. Teraview 5.13. Metamagnetics 5.14. Nanohmics Inc. 5.15. NKT Photonics 5.16. Harris Corporation 5.17. Newport Corporation 5.18. Others Key Players