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Adamas Acquires Synthetics Producer Scio
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Nevada-based Adamas One Corp. has bought all assetsbelonging to Scio Diamond, a producer of lab-grown diamonds. Adamas will pay $3.3 million over 18 months to cover Scio’s secured debt, according to a December 11 filing with the US Securities...
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Polished Markets
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Dec 30, 2018
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Rapaport News
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Lab Diamond Grower Scio Widens its Losses
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ScioDiamond Technology moved further into the red in the first fiscal quarter asmanagement admitted its future remains in doubt.Thecompany’s loss widened 44 percent to $1.3 million even as revenue advanced 7.5percent to $185,061 in the three months...
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Technology
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Aug 17, 2016
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Rapaport News
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Manufacturing
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Apr 13, 2016
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Rapaport News
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Scio Diamond Gets 28th Patent for Lab-Grown Stones
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Scio Diamond Technology Corporation, a producer oflab-grown diamonds, got its 28th patent for gemstone production from chemicalvapor deposition (CVD) diamond plate.“This is thelatest addition to our extensive patent portfolio, which ensures broadintellectual-property protection...
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Technology
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Feb 08, 2016
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Rapaport News
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Synthetics Firms Launch International Grown Diamond Association
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Morethan 10 lab-grown diamond producers, distributors and retailers have partneredto launch the International Grown Diamond Association (IGDA), claiming thegroup is the “first” industry body for the synthetics sector.The association aims to represent the...
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Technology
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Feb 04, 2016
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Rapaport News
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Scio Diamond Receives $2M in Equity Financing
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Press Release: Scio Diamond Technology Corporation announced that it has closed on $2 million in equity financing.The recently closed equity financing was in addition to the $2.5 million in funding that Scio Diamond received from Heritage Gemstone...
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Manufacturing
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Jan 15, 2015
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Scio Diamond
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Scio Diamond Successfully Completes Funding
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Press Release: Scio Diamond Technology Corporation today announced it has closed $2.5 million in growth funding from Heritage Gemstone Investors (HGI) to double production of its lab-grown diamonds and refinance debt. In addition, the two...
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Technology
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Dec 22, 2014
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Scio Diamond
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Kelley Joins Scio Diamond Tech.
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Scio Diamond Technology Corp. appointed Steve Kelley as its new chief executive. The company stated that Kelley brings nearly 20 years of leadership experience in the technology business sector to the firm. Previously, Kelley (pictured)...
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Technology
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Dec 07, 2012
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Jeff Miller
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Scio Diamond Completes First Run of CVD Single-Crystal Production
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Scio Diamond Technology Corporation out of Greenville, South Carolina told shareholders today that they have completed a first production run of ''cultured diamond,'' or CVD single-crystal production, and have scheduled 10 reactors to be in full production during its second fiscal-quarter, which ends in September. Seven reactors have passed...
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Technology
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May 30, 2012
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Jeff Miller
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