Cymat Technologies Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- CEO
- Michael Liik
- Full Time Employees
- 11
- Sector
- Industrials
- Industry
- Manufacturing - Metal Fabrication
- Address
- 6320-2 Danville Road Mississauga ON Canada L5T 2L7
- IPO Date
- Dec 16, 2010
- Website
- cymat.com
- Similar Companies
- Business
- Cymat Technologies Ltd. is a materials technology company specializing in the manufacture and licensing of Stabilized Aluminum Foam (SAF) products. Founded in 1995 and headquartered in Mississauga, Ontario, Canada, Cymat produces and markets SAF under two main trademarks: Alusion™ for architectural applications and SmartMetal™ for automotive and blast mitigation industries. The company’s SAF products are characterized by their lightweight, high strength, energy absorption, thermal and acoustic insulation properties, making them suitable for use in military, automotive, industrial, and architectural sectors. Cymat’s product offerings include customized SAF panels for energy absorption, blast mitigation, and aesthetic architectural applications such as walls, ceilings, and flooring. Cymat holds worldwide rights through patents and licenses to manufacture SAF using proprietary technology that injects gas into molten alloyed aluminum containing ceramic particles, resulting in a stable, recyclable metal foam with customizable density and dimensions. The company operates a manufacturing facility in Toronto, Canada, with an annual production capacity approximating $50 million in SAF products. In recent developments, Cymat has entered into a strategic partnership with a global Tier 1 automotive parts manufacturer aimed at designing and producing lightweight, energy-absorbing components for the automotive sector. This collaboration addresses current manufacturing limitations for assembling complex SAF components. Additionally, Cymat secured $5 million in equity financing in 2025 to support growth initiatives. The company also expanded its business with the acquisition of technology and customers related to aluminum metal matrix composites from Rio Tinto Alcan, a move that diversifies its revenue streams and enhances cost competitiveness in automotive verticals. Cymat continues to experience growing orders for its military underbelly kits and expects increased sales momentum in multiple verticals including nuclear and defense markets. Overall, Cymat operates internationally with a focus on innovative, high-performance metal foam products serving diverse industrial markets while advancing its manufacturing and technological capabilities for broader commercial application and profitability. The company is publicly traded on the TSX Venture Exchange under the ticker CYMHF.
CYMAT ANNOUNCES RECEIPT OF $1.8M ORDER OF UNDERBELLY KITS FOR ASIAN MILITARY
CYMAT TECHNOLOGIES ANNOUNCES INVESTOR CALL
CYMAT PROVIDES UPDATE ON PRIVATE PLACEMENT FINANCING
CYMAT ANNOUNCES COMPLETION OF $1.5 M PRIVATE PLACEMENT FINANCING
CYMAT ANNOUNCES ACTIVATION OF ACCELERATED WARRANT EXPIRY DATE
CYMAT ANNOUNCES INVESTOR WEBINAR FOR MONDAY JULY 7 AT 11 AM
CYMAT ANNOUNCES RECEIPT OF NEXT ORDER OF UNDERBELLY KITS FOR ASIAN MILITARY
CYMAT ENTERS INTO LETTER OF INTENT WITH RIO TINTO ALCAN TO ACQUIRE TECHNOLOGY & ASSUME CUSTOMERS OF THEIR PROPRIETARY ALUMINUM METAL MATRIX COMPOSITES BUSINESS
CYMAT ANNOUNCES LONG-TERM NUCLEAR INDUSTRY AGREEMENT
CYMAT ANNOUNCES TSX-V APPROVAL OF $1.3 M PRIVATE PLACEMENT FINANCING
CYMAT ANNOUNCES COMPLETION OF $1.3 M PRIVATE PLACEMENT FINANCING
CYMAT ANNOUNCES JOINT DEVELOPMENT AGREEMENT WITH MAJOR JAPANESE TRADING AND MANUFACTURING CO.
CYMAT REPORTS RECORD RESULTS FOR Q1 FISCAL 2025
CYMAT ANNOUNCES MAJOR NUCLEAR ORDER
CYMAT ANNOUNCES FIRST HIGH VOLUME MILITARY ORDER FOR UNDERBELLY KITS TO ASIAN MILITARY
CYMAT TECHNOLOGIES ANNOUNCES INVESTOR CALL
CYMAT ANNOUNCES FIRST COMMERCIAL ORDER FOR NON-LETHAL BULLETS AND PROVIDES ALUSION™ ORDERBOOK UPDATE
CYMAT ANNOUNCES MAJOR ALUSION™ ORDER FOR NEOM PROJECT
CYMAT ANNOUNCES COMPLETION OF $1.2 M PRIVATE PLACEMENT FINANCING
CYMAT ANNOUNCES PRIVATE PLACEMENT FINANCING