Resonetics strengthens nitinol strategy with key acquisition

Resonetics has acquired the nitinol gun drilling operations and related assets of Medical Component Specialists’ (MCS) New Boston, New Hampshire, facility. This acquisition marks another key investment in Resonetics’ comprehensive U.S.-based nitinol strategy. This transaction follows the meaningful steps that Resonetics has taken to expand the availability of material and supply of nitinol, a crucial material for the most innovative next generation medical devices.

Gun drilling is a highly specialized machining operation that creates a precision hole along the center of a bar. This foundational manufacturing step in the production of high-performance nitinol tubing serves as the starting point for seamless-drawn nitinol tubing.

MCS has been a supplier of nitinol input tubes in support of Resonetics’ growing nitinol tubing business. MCS’ automated long-stroke gun drilling process drives efficiency and meets the exacting demands of the medical device industry.

“Nitinol gun drilling is critical to our premium tubing initiative and our ability to improve material availability and reduce lead times for our customers,” says Kevin Kelly, CEO of Resonetics. “Combined with the recent investments we’ve made in melt capacity and raw material and in-process inventory, this acquisition further reduces supply chain risk – all while supporting our long-term growth and innovation in nitinol.”

This investment also builds on Resonetics’ recent nitinol tubing capability expansion in Bethel, Connecticut (see announcement) related to its acquisition of the former Memry Corp. and SAES Smart Materials, creating the broadest and most advanced nitinol portfolio in the industry (see announcement). By bringing gun drilling in-house, Resonetics ensures the precision, control, and flexibility needed for rapid prototyping and scalable manufacturing of complex implants and delivery systems.

“As we expand our tubing and component capabilities, we remain committed to being an open-source supplier to both medical device OEMs and contract manufacturers,” Kelly adds. “We welcome partnerships with customers of all sizes, and we’re focused on delivering the quality, responsiveness, and innovation that accelerates medical device breakthroughs.”