STI Laser Industries
Laser Cutting and Finishing of Miniature Metal Components
Company Overview
Snapshot
Founded in September 1998 by Tovy Sivan, STI Laser Industries operated with 51–200 employees. The company was acquired by Resonetics in October 2018, marking a significant exit in the medical device manufacturing sector.
Business overview
STI Laser Industries is a medical device manufacturer specializing in the laser cutting, micromachining, and finishing of miniature metal components. The company's core technology focuses on producing stents, implants, and surgical tools essential for minimally invasive surgery. It provides a comprehensive manufacturing platform, offering prototyping, small series production, and contract manufacturing services to medical device, bioengineering, and high-tech companies within the Health Tech & Life Sciences sector.
Strategic signal
In October 2018, STI Laser Industries was acquired by Resonetics. This acquisition highlights the strategic value of specialized laser micromachining capabilities in the medical device industry and signals a consolidation trend for companies offering advanced manufacturing solutions for miniature components.
Log in to access full profile ›Company Intelligence Q&A
- When was STI Laser Industries founded?
- STI Laser Industries was founded in September 1998.
- Who founded STI Laser Industries?
- STI Laser Industries was founded by Tovy Sivan.
- What is STI Laser Industries' primary business?
- STI Laser Industries specializes in laser cutting, micromachining, and finishing of miniature metal components for medical devices, including stents, implants, and surgical tools.
- When was STI Laser Industries acquired?
- STI Laser Industries was acquired by Resonetics in October 2018.
- Did STI Laser Industries receive any grants?
- In June 2012, STI Laser Industries received a grant from the Israel Innovation Authority.