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On Monday September 24, Massachusetts State Representatives visited Metamagnetics at their new facility located at 115 Flanders Road in Westborough, MA.

MassVentures, the venture capital arm of the Commonwealth of Massachusetts, recently named Metamagnetics one of the winners of the 2017 START Stage I program. START is a $3.4 million initiative to help growing companies commercialize technologies developed under Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) contracts. Metamagnetics is a leading provider of ferrite-based magnetic material technologies for mission-critical security, surveillance, and communication systems.

Advanced Ferrite-based Solutions Provider Expands to Keep Up with its Government-Funded Research Programs Including DARPA’s M3IC Program.

MassVentures, the venture capital arm of the Commonwealth of Massachusetts, recently named Metamagnetics as one of the winners of the 2015 START Stage III program. START is a $3 million initiative to help growing companies commercialize technologies developed under Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) contracts. Selected from a pool of technology-driven companies in Massachusetts, Metamagnetics received a grant of $500,000 under the 2015 START Stage III program for its high-frequency, self-biased ferrite circulators. Under its Stage I and Stage II Small Business Innovation Research (SBIR) and along with several defense commercial contracts, Metamagnetics has grown revenues by 60%, increased employment by 140%, and leveraged its START funds into $2,470,000 in additional outside capital. From this grant, it aims to actively promote its proprietary ferrite technology through its laboratory in Canton, MA, into the commercial world of critical sensing, earth-science, and communication applications—and in the process, return some of the investment to the region's economy.

Metamagnetics, Inc. will introduce HI-EFF 13, a low-loss, highly permeable power ferrite designed for use in high frequency applications at APEC in March. The company will be exhibiting at the Applied Power Electronics Conference and Exposition (APEC) 2014 from March 16-17, 2014 in Texas at the Fort Worth Convention Center (Booth # 449).

Metamagnetics Inc. will be showcasing their new product offerings including the introduction of their self-biasing circulators at Satellite 2014 from March 11-13, 2014 in Washington, DC at the Walter E. Washington Convention Center (Booth # 8119). The circulators are a low loss, low profile and low weight ferrite design, for use in high frequency applications, and thanks to their self-biasing design, require no external magnet. Metamagnetics develops and markets advanced ferrite-based solutions to enhance the performance and effectiveness of mission-critical security, surveillance and communication systems. It partners with top security and defense organizations to design and deploy leading-edge commercial and defense products.

MassVentures, the venture capital arm of the Commonwealth of Massachusetts, named Metamagnetics as one of 10 winners of the 2013 START program. START is a $6 million initiative to help growing companies commercialize technologies developed under Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) contracts. Selected from more than 90 applicants, Metamagnetics received a grant of $100,000 under the 2013 Stage I program for its high frequency self-biased circulators. This is the second Stage I award for Metamagnetics. In 2012, the company won for its high frequency power cores program. Based on its success towards commercialization with the 2012 Stage I grant, it was one of five companies to receive a follow-on $200,000 START Stage II grant.

Metamagnetics, Inc. was recently awarded three new Small Business Innovative Research (SBIR) Phase I grants from the NASA, NAVSEA and the Office of Naval Research. The company has won 10 SBIR contracts since 2010. Based on the results achieved in Phase I, which include establishing the scientific and technical merit, feasibility and commercial potential of the proposed R&D efforts by the small business awardees’, federal agencies provide further support in the form of Phase II awards. Metamagnetics has a 100% success rate transitioning from Phase I to Phase II for its five Navy SBIR awards. Below are the three recently funded SBIR projects with Metamagnetics as the primary contractor: