Delaware Patent of the Month – November 2024
Carpenter Technology has once again raised the bar in material innovation with a new martensitic stainless steel alloy designed to meet the most demanding performance requirements. This groundbreaking alloy combines exceptional hardness, corrosion resistance, and toughness, addressing a critical need in industries ranging from aerospace to medical devices. By leveraging advanced thermal-mechanical treatments and precision composition adjustments, Carpenter Technology has created an alloy that maintains its stainless integrity while achieving a surface hardness exceeding 60 HRC—a milestone in steel technology.
The unique dual-layer design of this invention is a key differentiator. The outer carburized case, engineered for maximum hardness and wear resistance, is paired with a tough, ductile core that ensures durability and structural integrity. This innovative approach allows the material to excel in high-stress applications such as gears, actuators, and bearings, while maintaining resistance to harsh environmental conditions like salt fog and extreme heat.
Traditional high-hardness steels often compromise corrosion resistance or toughness, but Carpenter Technology’s alloy overcomes these limitations. By controlling chromium depletion and leveraging fine-grain structures resistant to coarsening, the material avoids the pitfalls of brittleness and reduced corrosion resistance seen in other alloys. Furthermore, optional elements like zirconium and tantalum enhance performance by optimizing precipitation and hardness profiles.
This new alloy not only meets but exceeds stringent industry standards for hardness, strength, and environmental durability. With applications across aerospace, defense, and medical fields, it promises to set a new standard for high-performance materials, delivering unparalleled reliability and longevity in even the most challenging environments. Carpenter Technology continues to innovate, driving forward the possibilities of advanced metallurgy to meet the needs of tomorrow’s industries today.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.
Are you eligible?
Why choose us?
Pass an Audit?
What is the R&D Tax Credit?
The Research & Experimentation Tax Credit (or R&D Tax Credit), is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States. The credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return. For the first three years of R&D claims, 6% of the total qualified research expenses (QRE) form the gross credit. In the 4th year of claims and beyond, a base amount is calculated, and an adjusted expense line is multiplied times 14%. Click here to learn more.
Never miss a deadline again
Stay up to date on IRS processes
Discover R&D in your industry
R&D Tax Credit Preparation Services
Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed provides state and federal R&D tax credit preparation and audit services to all 50 states.
If you have any questions or need further assistance, please call or email our CEO, Damian Smyth on (800) 986-4725.
Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.
R&D Tax Credit Audit Advisory Services
creditARMOR is a sophisticated R&D tax credit insurance and AI-driven risk management platform. It mitigates audit exposure by covering defense expenses, including CPA, tax attorney, and specialist consultant fees—delivering robust, compliant support for R&D credit claims. Click here for more information about R&D tax credit management and implementation.
Our Fees
Swanson Reed offers R&D tax credit preparation and audit services at our hourly rates of between $195 – $395 per hour. We are also able offer fixed fees and success fees in special circumstances. Learn more at https://www.swansonreed.com/about-us/research-tax-credit-consulting/our-fees/
Choose your state
