Sono-Tek Corporation, US developer and manufacturer of ultrasonic coating systems, announced the sale of its 300th ultrasonic coating system for manufacturing fuel cells and electrolysers.
The company started tracking the industry in 2008 when the market was emerging. Sono-Tek ultrasonic spray coatings offered significant advantages to fuel cell manufacturers in developing Solid Oxide Fuel Cells (SOFC), Proton Exchange Membrane (PEM) fuel cells, and electrolysers.
However, over the years, its sales to this market steadily increased, and demand started growing as coating systems began to be developed for production-scale manufacturing. Previously demand was only generated for R&D projects, but the market has started moving toward more commercialise applications over time. This has driven average selling prices from less than $50,000 per unit to an average selling price of well over $150,000 per unit, and fully automated production lines can sell for over $400,000 per unit.
Brian Booth, Director at Sono-Tek, said, “The 300th sale milestone caps an exciting journey over the past 10 years. During that time, we’ve witnessed the industry transform from mostly R&D systems to a growing demand for the production of significantly more complex, high speed, customised solutions for both fuel cells and electrolysers.”
Bennett Bruntil, Vice President of Sales and Marketing at Sono-Tek, added, “Sono-Tek’s sales and innovation to the fuel cell/electrocatalyst industry have remained robust despite the impact of the global pandemic on many industries.”