Questek Innovations LLC has proven that new, ultra high performance alloys and other materials can be developed much faster and at lower cost than via traditional trial and error methods in the field of Integrated Computational Materials Engineering (ICME). Using the firms Materials by Design methodology, they are able to design and bring to market never-before-conceived alloys, coatings and other materials for demanding applications in aerospace, oil & gas, high performance racing, medical and other industries. The firm is able to computationally design materials in order to directly meet user-defined material needs with Materials by Design expertise and technology. The firm is able to rapidly invent, design, develop and qualify new materials into demanding applications to reduce capital, processing, operating or maintenance costs, or to improve environmental protection, competitive supply or competitive advantage. By using the ICME and Materials by Design approach, new alloy and material development times can be reduced 50% and costs by 70% as compared to traditional trial and error empirical methods.