Materials Tech Sector

Himax Technologies

Market Cap: US$1.5b

A fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, and internationally.

Sapiens International

Market Cap: US$1.5b

Provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

SolarEdge Technologies

Market Cap: US$1.5b

Designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally.

N-able

Market Cap: US$1.5b

Provides cloud-based security, data protection, and unified endpoint management software solutions for managed service providers in the United States, the United Kingdom, and internationally.

Spirent Communications

Market Cap: UK£1.1b

Provides automated test and assurance solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Opera

Market Cap: US$1.5b

Provides mobile and PC web browsers and related products and services in Norway and internationally.

CompoSecure

Market Cap: US$1.4b

Manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally.

PagerDuty

Market Cap: US$1.4b

Engages in the operation of a digital operations management platform in the United States and internationally.

Benchmark Electronics

Market Cap: US$1.4b

Offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe.

Tuya

Market Cap: US$1.4b

Provides AI cloud platform services in the People’s Republic of China and internationally.

Karooooo

Market Cap: US$1.4b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

Daqo New Energy

Market Cap: US$1.4b

Manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.

Oxford Instruments

Market Cap: UK£1.0b

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations in the United Kingdom and internationally.

Semrush Holdings

Market Cap: US$1.4b

Develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally.

Adeia

Market Cap: US$1.3b

Operates as a media and semiconductor intellectual property licensing company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

Rapid7

Market Cap: US$1.3b

Provides cybersecurity software and services under the Rapid7, Nexpose, and Metasploit brand names.

Couchbase

Market Cap: US$1.3b

Provides cloud database platform for enterprise applications in the United States and internationally.

MaxLinear

Market Cap: US$1.3b

Provides communications systems-on-chip solutions in the United States, Asia, Europe, and internationally.

Porch Group

Market Cap: US$1.3b

Operates a vertical software and insurance platform in the United States.

A10 Networks

Market Cap: US$1.3b

Provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa.

Ouster

Market Cap: US$1.3b

Provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

Verint Systems

Market Cap: US$1.3b

Provides customer engagement solutions worldwide.

Rogers

Market Cap: US$1.3b

Designs, develops, manufactures, and sells engineered materials and components in the United States, other Americas, China, other Asia Pacific countries, Germany, Europe, the Middle East, and Africa.

Applied Optoelectronics

Market Cap: US$1.2b

Designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China.

Veeco Instruments

Market Cap: US$1.2b

Develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices.

Penguin Solutions

Market Cap: US$1.2b

Engages in the designing and development of enterprise solutions worldwide.

MeridianLink

Market Cap: US$1.2b

A software-as-a service company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States.

Diginex

Market Cap: US$1.2b

An investment holding company, engages in the provision of environmental, social, and governance (ESG) reporting solution services, advisory services, and developing customization solutions in Hong Kong, the United Kingdom, and the United States.

Photronics

Market Cap: US$1.2b

Engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally.

Objective

Market Cap: AU$1.8b

Supplies information technology software and services in Australia and internationally.

Digi International

Market Cap: US$1.2b

Provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally.

Macquarie Technology Group

Market Cap: AU$1.8b

Provides telecommunication, cloud computing, cybersecurity, and data center services to corporate and government customers in Australia.

Bytes Technology Group

Market Cap: UK£870.8m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Evolv Technologies Holdings

Market Cap: US$1.2b

Provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally.

CTS

Market Cap: US$1.1b

Designs, manufactures, and sells sensors, connectivity components, and actuators in North America, Europe, and Asia.

Kainos Group

Market Cap: UK£857.6m

Engages in the provision of digital technology services in the United Kingdom, Ireland, the Americas, Central Europe, and internationally.