Company Overview

Third Wave Systems, Inc. (TWS) was founded in 1995 to focus on developing Computer Aided Engineering (CAE) technologies and continues to serve that mission today by offering material-based, machining modeling software and services.  Most of Third Wave’s customers are in the aerospace, automotive, and cutting tool industries and are interested in material-removal processes (milling, drilling, turning, tapping, etc.)

Third Wave Systems

The company’s flagship product, AdvantEdge™ FEM, was the first commercially available machining simulation software to combine Finite Element Analysis (FEA) with a custom material model.  Through the years, TWS has gained valuable research and development knowledge through Small Business Innovative Research (SBIR) contracts and partnerships with industry leaders, such as Boeing and Kennametal.  Advancements continue to be made with new materials and processes.

 

With a growth rate of 65 percent, Third Wave Systems was named one of the 50 fastest-growing private companies in the Twin Cities in 2007 by Minneapolis/St. Paul Business Journal.  The company currently employs 30 expert engineers, scientists, and support staff and plans to increase its size by 50 percent in the next year.  Headquartered in Minneapolis, Minn., Third Wave has offices in Detroit, Mich.; East Hartford, Conn; and Rotherham, UK, as well.  The company also has major distributors in Japan, China, Korea, Taiwan, and Italy.