CFOAM Limited (Ticker: CFFMF) manufactures and supplies advanced carbon foam materials for thermal management, energy absorption, and structural applications. The company offers core products including CFOAM carbon foam in various densities and forms such as sheets, blocks, and custom-machined components; CFOAM HD high-density variants for ballistic protection and impact resistance; CFOAM 3D printed foams for complex geometries; and related services like prototyping, testing, and engineering design support for industries including defense, aerospace, automotive, and renewable energy. CFOAM operates primarily from its headquarters in Norfolk, Virginia, USA, with additional facilities in Australia and manufacturing capabilities supporting global customers; founded in 2010 as a spin-out from research at the University of Tennessee, it focuses on high-performance, lightweight materials that outperform traditional foams in fire resistance, insulation, and energy absorption.
In recent developments, CFOAM expanded production capacity through a new manufacturing line in Virginia commissioned in 2024, enabling scaled delivery of CFOAM products for U.S. defense contracts; the company secured strategic partnerships with prime contractors in the aerospace sector for thermal management solutions in 2025 and announced a funding round to support international growth into Asia-Pacific markets. Additionally, CFOAM launched enhanced CFOAM variants optimized for electric vehicle battery thermal runaway prevention and hypersonic applications, reflecting a strategic shift toward high-growth segments like clean energy and advanced defense systems. The company maintains listings on the OTCQB under CFFMF and ASX under CFO, with no major subsidiaries but ongoing collaborations with research institutions for material innovation.