DMC Global Inc (NASDAQ: BOOM) is an integrated industrial products and services company that specializes in delivering advanced solutions to the energy and industrial markets. The company operates through two primary segments: Perforating Systems and Industrial Solutions. With a focus on innovation and quality, DMC Global designs, manufactures and distributes mission-critical equipment used in the completion of oil and gas wells, as well as engineered systems for industrial processing and manufacturing applications.
The Perforating Systems segment supplies explosive perforating guns, initiation systems, armor-clad cables and related accessories under well-known brand names. These products are essential for optimizing hydrocarbon flow in onshore and offshore wells. The segment also provides technical support and training services, helping exploration and production companies improve recovery rates and operational efficiency. Perforating Systems maintains manufacturing and service facilities across North America, Latin America, the Middle East and Asia, enabling it to serve a global customer base with responsive logistical support.
The Industrial Solutions segment comprises two core businesses: DynaEnergetics and Laserdyne. DynaEnergetics develops non-electrical initiation systems and perforating charges for mining, quarrying, tunneling and other energy-related industries, offering increased safety and customized solutions. Laserdyne produces high-precision, fiber-delivered laser systems used for cutting, welding and cladding of metals in aerospace, defense and general manufacturing. By leveraging advanced engineering and rigorous quality standards, Industrial Solutions delivers tailored products that address complex industrial challenges in diverse geographies around the world.
Founded in 2010 through a corporate spin-off, DMC Global has expanded its product portfolio and geographic reach through strategic acquisitions and internal development. Headquartered in Houston, Texas, the company is led by President and CEO Ike P. Evans III, who brings extensive experience in process engineering and executive leadership. Under his guidance, DMC Global continues to invest in research and development, enhance its global supply chain and pursue growth opportunities that strengthen its position as a provider of essential industrial technologies.
AI Generated. May Contain Errors.