Fonon

Mechanical or Industrial Engineering • Lockhart, Florida, United States • 1-10 Employees

Company overview

Headquarters	Lockhart, Florida, United States
Phone number	+14074775618
Website	fonon.com
SIC	399
Keywords	2D, 3D Laser Metal Printing, 3D Marking And Engraving, Dicing And Cutting, Hi Power Laser Cutting, Laser Glass Marking, Laser Glass Scribing, Semiconductor Materials Marking, Surface Preparation And Coating Removal, Zero Width Laser Cutting Technology™
Employees	1-10
Socials

Key Contacts at Fonon

Hassan Almasoud

Owner

Genti Zeqo

Director Of Sales

Hollee Guglielmo

Director

Fonon Email Formats

Fonon uses 2 email formats. The most common is {first initial}{last name} (e.g., jdoe@fonon.us), used 66.7% of the time.

Format	Example	Percentage
{first initial}{last name}	jdoe@fonon.us	100%

About Fonon

Fonon designs laser-based material processing technologies for advanced industrial manufacturing and manufactures state-of-the-art equipment utilizing those technologies. The company products empower manufacturers in the areas of application-specific 3D metal printing (additive manufacturing), and 2D and 3D laser cutting, marking and engraving applications (subtractive manufacturing). Our products and technologies are used today in every sector of any manufacturing industry from food and beverage to medical, aerospace and semiconductor. Fonon is currently expanding its product portfolio of laser-based systems and entering a new long-term growth market, adding a line of metal Additive Manufacturing (AM) Systems or 3D Direct Metal Laser Sintering (DMLS) equipment. Entering the AM metal printing systems sector adds a new element to the company’s value chain model, with sizable long-term recurring revenue in the form of metal powder required to produce applications in these systems. In a production environment, the recurring sales of metal powder can generate up to 4X the revenue of the capital equipment cost of each metal AM system sold. The transition to Fonon Corporation (ticker symbol: FNON) signals new dynamic growth opportunities in the metal material sector via sustainable recurring revenue, and increased equipment sales of high-dollar specialized metal printing systems, adding another long term layer of stability across the company's multi-market operational platforms. According to the McKinsey Study, it is estimated that 3D printing could generate $100B to $200B in economic impact per year by 2025. A CODEX study in 2014 suggested that metal based AM systems accounted for only 3% of the overall sales further confirming Fonon Corporation's decision to enter the AM manufacturing system market utilizing the company's proprietary Bulk-to-Shape metal printing system technology.

Fonon revenue & valuation

Annual revenue	$15,000,000
Revenue per employee	$1,500,000
Estimated valuation?This valuation is estimated based on industry average for the Mechanical or Industrial Engineering industry and current estimated revenues	$48,000,000
Total funding	No funding