The Elmet Group Co.

The Elmet Group Co. is a U.S.-based provider of precision-engineered components and advanced high-energy systems, headquartered in Portland, Maine. The company's core mission is to strengthen domestic manufacturing capabilities, supporting the United States and its allies with critical materials and advanced high-power microwave systems.

The company operates through two primary divisions: Critical Materials Components (CMC) and Engineered Microwave Products (EMP). The CMC division specializes in critical refractory materials such as tungsten, molybdenum, niobium, tantalum, and specialized alloys. The EMP division designs and manufactures radio frequency and microwave components and systems, including waveguides, circulators, and automatic tuning systems. These products serve a diverse range of industries, including aerospace, defense and government, industrial, medical, semiconductor and electronics, and energy.

In April 2026, The Elmet Group Co. completed an upsized Initial Public Offering (IPO), raising approximately $125.5 million in net proceeds, and subsequently joined the Russell 3000® and Russell Microcap® Indexes in June 2026. Recent strategic moves include increasing its ownership in EQ Resources Limited to further secure its critical tungsten supply chain. Additionally, its subsidiary, Elmet Technologies, was awarded a $4.3 million contract from the U.S. Department of War in June 2026 to expand domestic manufacturing of molybdenum-based refractory metal components for defense applications. Peter V. Anania serves as the company's CEO and Chairman.