Startup Atmospheric Plasma Solutions, which has developed technology to treat and remove industrial polymeric coatings, is raising a $3 million round of funding.
The firm has raised $125,000 so far, according to a securities filings. It is listed as debt.
APS closed a Series A round of funding in February.
The startup markets patented technology known as APS PlasmaFlux series power supplies and applicators plus other products.
The company says its technology provides “a significant advancement in coating removal technology, offering precision coating removal on surfaces that cannot be addressed by other means, such as by grit blasting or water jetting. The systems are particularly useful for non-destructive inspection applications and weld preparation on steel ships and oil/gas pipelines. Further applications include the removal of sealants around joints and fasteners in aircraft.”
Co-founder and chief technology officer Peter Yancey leads APS where he has focused his efforts on the development of the atmospheric plasma coating removal process.
Prior to running the company, Yancey spent 10 years researching plasma deposition, etching and surface modification of materials at the Center for Advanced Manufacturing Processes and Materials of North Carolina State University.
