Market

OVERVIEW

Critical Advanced Materials provide enhanced protection, increased functionality, and achieve top performance in their class.

The global Advanced Materials Market size was valued at ~USD 70 billion in 2022 and is projected to reach ~USD 116 billion by 2030, growing at a CAGR of 6.54% from 2023 to 2030.
Source

One subset, defensive materials, focuses on preserving life or enhancing performance in complex or threatening environments. As an example, the body armour market is witnessing robust growth, fueled by an Increasing focus on personal safety amid rising security threats. The global body armor market was valued at approximately US$2.9 Bn as of 2022 and is projected to reach US$4.6 Bn by the end of 2030, with a growth rate of 5.9%.
Source

MARKET DEMAND

Materials development fails too often, takes too long, and costs too much.

Result: Market Bottleneck

Manufacturers focus on getting one new material to market.

Result: Chronic underinvestment in technologies to improve materials development processes

New technologies and a new business model are needed to lead new materials commercialization and capture markets for defence and industrial materials to address evolving novel next-gen applications.

OUR GOAL: BREAKING BOTTLENECKS IN THE HIGH VALUE DEFENCE/ADVANCED MATERIALS MARKET

MARKET OPPORTUNITY

Historically, many critical materials have dual-use military/civilian applications.

Accelerating advanced materials commercialization is a massive opportunity.

Materials development to meet surging demand is a high-value opportunity. But commercialization has been challenging to operationalize.

Products created from advanced materials often provide performance, quality, and scalability. For instance, many defence materials have dual-use civilian applications.

Advanced Materials provide enhanced protection, increased functionality, and achieve top performance in their class.

Industrial Applications for Advanced Materials

These materials focus on enhancing performance in complex environments.

They include metals, polymers, ceramics, composites and extend to superalloys, biomaterials, smart materials, and nanomaterials.

STRATEGIC OPPORTUNITY

Arctic Security and Resilience Initiative

Everything that we do at Patronus is driven by deep engagement with end users.

The intense focus on operations in the Far North permeates both defence thinking across NATO, as well as the natural resource industries.

Extreme Conditions

Our team aims to solve the challenges presented for effective operations.

We do this with both with our own in-house material development and in partnership with a consortium of like-minded innovation partners spanning protection, apparel, signature reduction, structural integrity/functionality, shelter, power and communications.