- In June 2023, Applied Materials, Inc. partnered with IIT Ropar to conduct joint research and development aimed at advancing the thermal spray coating industry, particularly for applications in the semiconductor sector
- In June 2023, OC Oerlikon Management AG unveiled significant innovations in thermal spray technology by integrating digitalization, launching Metco IIoT, the first Industry 4.0 platform tailored for the thermal spray industry
- In May 2023, Kymera International acquired Thermal Spray Solutions, Inc. (TSS), a leading provider of wear and corrosion-resistant coatings for the U.S. Navy and shipbuilding sectors. This acquisition supports Kymera's strategy to strengthen its special coatings business
- In March 2021, Oerlikon Metco revealed plans to expand its manufacturing facility in Huntersville, North Carolina. This expansion aims to enhance its service offerings by providing comprehensive pre- and post-coating inspection, as well as machining services for improved coating precision and quality
- In March 2020, Praxair ST Technology, Inc. formed a partnership with Siemens Gas and Power to provide specialized coatings for aerospace and industrial gas turbine components, including blades, vanes, casings, and discs. These components will be coated using PST's aluminizing, platinum aluminizing, slurry, and thermal spray processes
