The history is supposedly this. These guys:
About Atomic Aquatics, Inc.
While working at ScubaPro wanted to do an "all out best ever made reg" design based roughly on the mk10/g250 (which many many regs are based on). After doing the mockups and spec samples in Titanium, the bean counters at ScubaPro said that's too expensive, and untried, and green-lighted it, but only in the anodized aluminum finish (the mk20 ultralight).
In frustration, those two guys quit and took their design ideas to a new company they formed just to make that all conquering masterpiece, the T1. And people bought them, proving ScubaPro wrong. (And the titanium first stage caught on fire when using Nitrox, proving ScubaPro right.)
Of course, ScubaPro holds no copyright or patents on the balanced piston design, and balanced second stage design, but they might well have been pissed that they paid Dean and Doug to design a reg, and they took that work to another company. But that's why there are lawyers.
Titanium is ungodly expensive. It's rare enough, and it is very hard to fabricate. So Titanium regs are ungodly expensive, if the first stage is Titanium. Personally I am a Titanium second stage, and sealed diaphragm first stage kind of guy.
Fun fact: The Sherwood SR-1 which everyone loves, is made by Atomic, they say. Which shows that Atomic is at least recognizing that wet spring chambers are not a good idea.
I wish they made a stainless unbalanced piston first stage.