In 2016, FMI was puchased by Edgewater Capital Partners from GrafTech International Holdings. In existence as a viable technology-based small firm long before the launch of what was to become the full-blown SBIR program (in 1983), Fiber Materials Inc. (FMI) was among the first Awardees in NSF program after the program went agency-wide. The firm developed and manufactured high temperature materials and composites for use in industrial, commercial, and aerospace applications. Offering high temperature materials, advanced composites, carbon and graphite insulation and carbon/carbon composite products, FMI also offered quartz based fiber and fabrics, ablative coatings, and functioned as an independent Energy Materials Testing Laboratory. FMI went on to develop reinforced composites used in strategic missile systems and space reentry vehicle applications.
