XTECH Protective Equipment has revolutionized football equipment; utilizing military grade XRD foam to create state of the art shoulder pads. The 6 year old company manufactures and distributes pads marketed as the lightest weight, most protective product on the market. Super Bowl Winning Coach Brian Billick is an investor in the company, which now boasts of players on 28 NFL teams wearing its product including; Khalil Mack, Eli Manning and Odell Beckham Jr.
Howie Long-Short: XTech has an exclusive contract with XRD Impact Protection for using its foam in NFL, college and youth football pads. XRD is owned by Rogers Corporation (ROG), a technology company focused on creating innovative solutions for power electronics, advanced foams for cushioning and protective sealing, and high frequency printed circuit materials. The company reported net sales of $201.4 million for Q2 ’17 (up 27.9% YOY) and gross margins of 40% (a record), up 180 basis points.
Fan Marino: Players like the pads because they can hit hard without feeling anything. Don’t take their word for it? Watch Founder Bob Broderick slam his bare hand with a helmet.