EIC Rose Rock has invested $6 million in Exum Instruments to enhance its manufacturing capacity for the Massbox™ mass spectrometer, which offers fast and cost-effective materials analysis.

Information on the Target

Exum Instruments, a Denver-based scientific instrumentation company, specializes in advanced technology that rapidly accelerates the development and discovery processes of solid materials and chemicals. Its flagship product, the Massbox™, represents a breakthrough in mass spectrometry, enabling lab-quality analysis in a mobile, desktop-sized device. This innovative instrument provides full characterization of materials in just minutes, a stark contrast to the traditional laboratory processes that typically take days.

The Massbox™ employs a quasi-non-destructive analysis technique, resulting in operating costs that are 35-60% lower than conventional methods. Its versatility and efficiency have caught the attention of various industries, including energy, manufacturing, and academia, publicizing its application in sectors like mining, oil and gas, and environmental science.

Industry Overview in the United States

The scientific instrumentation market in the United States is experiencing robust growth, driven by increasing demand for advanced analytical techniques across multiple sectors. Innovations in technol