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Axalta Takes Home Two Prestigious Edison Awards™

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Axalta Coating Systems (AXTA) has secured two prestigious 2025 Edison Awards™ for innovative automotive coating solutions. The company's Irus Scan™ earned Silver in the Automotive Materials category for its groundbreaking handheld color measurement device featuring three patented measurement capabilities: colored sparkle, hue-shifting pigments detection, and gloss measurement.

The MyColor solution received Bronze recognition for revolutionizing custom color delivery in automotive coatings. This innovation significantly reduces custom color development time from 26-104 weeks to just 4 weeks, while improving inventory control and potentially reducing CO₂ emissions in OEM paint shops.

This marks Axalta's seventh consecutive year winning Edison Awards, which recognize market-leading innovations in new products and services.

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Positive

  • Won two prestigious Edison Awards in 2025, demonstrating innovation leadership
  • Irus Scan technology provides industry-leading automated digital solution for paint color-matching
  • MyColor reduces custom color development time by up to 96% (from 104 weeks to 4 weeks)
  • New technologies can help reduce waste and operational costs

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News Market Reaction 1 Alert

-0.47% News Effect

On the day this news was published, AXTA declined 0.47%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Axalta Irus Scan™ and MyColor recognized among most innovative new products in the world 

PHILADELPHIA, April 07, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (AXTA), a leading global coatings company, announced that it has won two 2025 Edison Awards™. Axalta Irus Scan™ won Silver in the Automotive Materials category and Axalta’s MyColor won Bronze in the Automotive Materials category. This is the seventh consecutive year that Axalta has earned coveted Edison Awards which honor market-leading innovations of new products and services. 

“Innovation is core to what we do at Axalta, and we continuously invest to help our customers solve challenges across surface aesthetics, performance and productivity,” said Dr. Robert Roop, Chief Technology Officer. “We are incredibly proud to provide next-gen technologies that address our customers’ needs and enable their success. It is an honor to be recognized by the esteemed Edison team and to work with the extraordinary talent at Axalta to bring these products to life.”

Silver Winner

Axalta Irus Scan is the first handheld color measurement device for automotive coatings with three differentiated, patented measurement features - colored sparkle, hue-shifting pigments detection, and gloss, giving an accurate color match to a collision repair vehicle. Axalta Irus Scan is part of Axalta’s digital color management system and sets a new standard for productivity, accuracy, and waste reduction in the collision repair process. With this technology, Axalta has the industry-leading, fully automated end-to-end digital solution for paint color-match and delivery in the automotive refinish market.  

Bronze Winner
 
Axalta’s MyColor answers customers’ rapid demand for complex, custom colors that meet stringent requirements of performance, durability and application robustness. Its innovative color delivery process streamlines automotive OEM approvals, enabling custom colors in four weeks versus 26-104 weeks. Custom colors are made quickly in small batches using pre-blended bases and colorants, giving better inventory control which can assist in reducing waste and the CO₂ footprint of the OEM’s paint shop. 

Edison Awards winners were recently announced at the 38th annual Edison Awards event in Fort Myers, Fla. They were chosen as the “best of the best” within their respective categories by some of the world’s top senior business executives, designers, academics, and innovation leaders. Named after Thomas Edison, the Edison Awards™ have recognized and honored some of the most innovative new products, services, and business leaders in the world since 1987. 

About Axalta 
Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful, and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity, and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 140 countries better every day with the finest coatings, application systems and technology. For more information, visit axalta.com and follow us on Facebook, LinkedIn, Instagram and @axalta on X.

Media Contact 
Jessica McDuell 
302-897-4486 
Jessica.McDuell@axalta.com


FAQ

What innovative features does Axalta's Irus Scan offer for automotive coating measurement?

Axalta's Irus Scan offers three patented features: colored sparkle measurement, hue-shifting pigments detection, and gloss measurement, providing accurate color matching for collision repairs.

How much does Axalta's MyColor technology reduce custom color development time?

MyColor reduces custom color development time from 26-104 weeks to just 4 weeks for automotive OEM approvals.

What environmental benefits does Axalta's MyColor system provide?

MyColor's small-batch production and improved inventory control can help reduce waste and CO₂ footprint in OEM paint shops.

How many consecutive years has AXTA won Edison Awards?

Axalta has won Edison Awards for seven consecutive years, including two awards in 2025.
Axalta Coating Sys Ltd

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Specialty Chemicals
Paints, Varnishes, Lacquers, Enamels & Allied Prods
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