Company

Hyperion Materials & Technologies

Hyperion Materials & Technologies develops and manufactures tungsten carbide powders, cemented carbide, synthetic diamond and cubic boron nitride products. ↗

Headquarters	Ohio ↗
Employees	More than 2,000 ↗
Ownership	Formed from Diamond Innovations and Sandvik Hard Materials ↗
Website	hyperionmt.com ↗

Products

Hyperion makes cemented carbide rods. ↗
Hyperion makes saw tips. ↗
Hyperion makes wire dies. ↗
Hyperion makes wear parts. ↗
Hyperion makes ready-to-press powder for cemented carbide. ↗
Hyperion makes gear hob blanks. ↗

Deals since 2020

Oct 202614

Hyperion Materials & Technologies buys Ultra-Met

Urbana, Ohio manufacturer of custom-molded tungsten carbide products for defense, aerospace and general industrial manufacturing

components and materialsOur brief Source

UndisclosedClosed Oct 1, 2026

The deal tracker

Other acquisitions

Hyperion acquired Manar Tools Pvt Ltd, a Pune, India maker of custom PCD, PCBN and tungsten carbide cutting tools, announced July 15, 2026. ↗
Hyperion acquired Electronica Tungsten Ltd., a Nashik, India tungsten carbide manufacturer, announced March 22, 2026. ↗
Hyperion acquired Dura-Metal Products Corporation, a maker of precision tooling and machined components from ultra-hard materials, announced June 2, 2023. ↗
Hyperion acquired Aggressive Grinding Service, a Pennsylvania-based precision carbide and ceramic grinding business, announced December 1, 2021. ↗

Our coverage

M&AHyperion buys Ultra-Met, an Ohio tungsten carbide maker serving defenseThe acquisition combines manufacturers that Hyperion says have historically sourced a substantial portion of their carbide from Western producers.Oct 21