Smart Material Corporation, with its affiliated company Smart Material GmbH, is a developer and manufacturer of advanced piezo composite materials and systems based on these materials. Piezo composite materials belong to the group of new materials or smart materials. MFCPiezo composite materials manufactured by Smart Material Corp. are used in a wide spectrum of applications as actuators and sensors, in ultrasound transducers and vibration energy harvesting devices. Smart Material Corporation was founded in Sarasota, Florida in 2000. Smart Material GmbH was founded shortly after in July 2002 in Dresden, Germany.