Alchemy

Canada | NATO DIANA Energy & Power 2026

Nanoparticle-based thermal camouflage

Founded:
Team: 10-50
Funding: Private
Website:

DIANA Status

NATO DIANA 2026 Cohort

Technology

Alchemy develops Crypsis Class technology, an advanced material solution for thermal camouflage. This nanoparticle-based innovation is designed to conceal heat signatures of people and equipment. It targets both the defense and automotive sectors, offering a breakthrough in stealth capabilities.

Key Differentiators

Crypsis Class represents a breakthrough in thermal camouflage, utilizing nanoparticle-based advanced materials for superior performance. Its dual-use application across defense and automotive sectors provides broader market potential and scalability. As a Canadian-made innovation, it aligns with national defense industrial strategies and sovereign technology development.

Data Center Value Proposition

This technology is critical for modern defense, offering smarter ways to protect personnel and equipment in the field. By significantly reducing thermal detectability, it enhances survivability and operational stealth against increasingly sophisticated thermal sensors. It directly addresses the need for more resilient materials and advanced protection strategies in contemporary warfare.

Cost / ROI

While specific cost figures are not provided, the ROI is significant in terms of enhanced survivability and strategic advantage. Reducing the detectability of high-value assets and personnel can prevent costly losses and improve mission success rates. Investment in such advanced materials offers long-term strategic benefits by staying ahead of adversary detection capabilities.

Technology Readiness

Alchemy has secured $6 million to scale production and accelerate development, indicating a high Technology Readiness Level (TRL). The company is preparing to deliver its solution 'at scale' to Canada and its allies, suggesting TRL 6-8, moving towards full commercial deployment.

Summary

Alchemy is a Kitchener-based nanotechnology company developing Crypsis Class, a nanoparticle-based thermal camouflage technology. This innovation conceals heat signatures for defense and automotive applications, significantly enhancing survivability and operational stealth. Having secured $6 million, Alchemy has partnered with a major military garment manufacturer and is in talks with DND, NATO, and Five Eyes allies, positioning them to deliver this critical dual-use technology at scale.

Contact: info@diana.nato.int
Prepared by: NATO DIANA | NATO DIANA Business Development
Date: March 2026 | DCD-NY Edition