Carly Snyder Midterm - Interview with Dr. Ron Smith

Carly Snyder Midterm - Interview with Dr. Ron Smith - Carly...

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Carly Snyder BMES 509: Entrepreneurship for Biomedical Engineering Midterm Interview Report Entrepreneur: Ronald W. Smith, PhD Company: S-Bond Technologies, LLC
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The Making of an Entrepreneur Vision. That is what Dr. Ronald Smith had when he graduated from Northeastern University in 1976. Attending a university with a co-op program, he worked at companies in and around Boston and learned that many of them were created by students who graduated from universities in the area. Through is work experience, Dr. Smith realized that he “had a different DNA,” a description he uses to describe entrepreneurs. He did not always like working for someone, was efficient at multi-tasking, liked to take risks, and had worked himself out of the mold of a conservative engineer. Understanding this, he created a vision for his future, a map, with an x on his final destination: his own company. Dr. Smith knew that he was not prepared to start a company after graduating with a BS/MS degree in mechanical engineering. He needed to deepen his knowledge, particularly in the area of materials engineering. He said that one’s career is “life-long learning” and that you need to build expertise and be mentored throughout your career in order to gain the skill set to start your own company. Following his own belief, he got a job within GE, first at the research center where he worked with plasma spraying and high temperature super alloys. He then moved to the Gas Turbine group and finally ended up in GE Aircraft Engine division where he worked on casting components. During his time at GE, he was fortunate enough to have his doctorate degree financed as he continued his education and attended Drexel University to earn is PhD in Materials Science and Engineering. After 10 years at GE, he returned to Drexel for another 10 years as a Research Professor within the Materials Department. Company History During his work experience, Dr. Smith was able to develop enough expertise to determine that it was the right time in his career to venture out on his own and complete the
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vision he had when he graduated college. He started Material Resources International (MRI) in 1996 which was based on research and funded through the government. The company focused on thermal processing and active solder. Active solder includes additional elements for better adhesion to oxide surfaces. In 2004, the company was turned into S-Bond Technologies, LLC in order to commercialize this active solder technology. Products/Services and Markets Served S-Bond technologies offers 7 general services and 3 main products. Dr. Smith said that the company gains two thirds of its income from services and the other third from sellable product. The main services revolve around joining and bonding. The S-bond joining process is composed of alloys that are conventional solder and are made active by the addition of certain elements thereby creating a more chemically reactive solder that readily forms a bond with surfaces. This also can be done by bonding to surfaces that have a layer or oxide or nitride.
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Carly Snyder Midterm - Interview with Dr. Ron Smith - Carly...

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