Micromem Technologies Inc.
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.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Joseph Fuda
- Full Time Employees
- 3
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 121 Richmond Street West Toronto ON Canada M5H 2K1
- IPO Date
- Feb 1, 1999
- CIK
- 0001085921
- Website
- micromeminc.com
- Similar Companies
- Business
- Micromem Technologies Inc. designs, develops, and commercializes proprietary magnetic sensor-based solutions for applications across oil and gas, structural health monitoring, nanoparticle detection, energy storage, defense, life sciences, and healthcare sectors; its core offerings include oil well sensor solutions for enhanced oil recovery and real-time tracer analysis, structural integrity sensors for infrastructure monitoring, nanowire-based gas and biochemical sensors capable of picomolar detection limits and trace-level gas identification with electrical bias control, nanoparticle detection systems, and energy storage technologies. The company, founded in 1985 and headquartered at 121 Richmond Street West in Toronto, Ontario, Canada, operates primarily in Canada with international reach through customized applications serving industrial, government, and biomedical customers. Micromem holds patents spanning over two decades on its magneto-inductive technology, emphasizing superior sensitivity, robustness, cost-effectiveness, and compact size. Recent developments include the August 2025 launch of a liquid-phase nanowire bio-chemical sensor for early disease diagnostics and a nanowire gas sensor platform for safety-critical environments; strategic collaborations with the University of Toronto and Canadian Department of National Defence since February 2025 to advance nanowire sensors, with ongoing progress reported in October 2025; partnerships such as with Chevron Corporation and Entanglement Technologies for Aroma Tracer Analyzer in enhanced oil recovery; and multiple non-brokered private placements closed in October 2025 raising C$498,652, June 2025 raising C$535,775, and January 2025 raising C$255,000 to support working capital and operations.
Micromem Technologies Inc. Advances Discussions with Canadian Defence Stakeholders Toward Potential Deployment Planning and Unit-Level Commercialization Analysis
Micromem Technologies Inc. Receives Approval from the Department of Defence on Wearable Gas Sensing Project Go-Forward Plans
Micromem Technologies Inc. Enhances Team To Advance Development of Wearables Gas Sensing Project
Micromem Technologies Inc. Provides Update on Gas-Sensing Technology Development
Micromem Technologies Inc. Provides Update on Liquid-Sensing Technology Development
Micromem Technologies Inc. Provides Corporate Update
Micromem Closes Private Placement
Micromem Announces Private Placement Closing
Micromem Announces Proposed Private Placement and Option Grant
Micromem Technologies Provides Update
Micromem Closes Private Placement
Micromem Announces Proposed Private Placement
Micromem Technologies Launches Ultra-Sensitive Liquid-Phase Sensor Targeting Disease Biomarkers with Breakthrough Picomolar Detection
Micromem Technologies Introduces High-Sensitivity Nanowire Gas Sensor with Tunable Amplification for Industrial Safety and Environmental Monitoring
Micromem Files Form 20-F on SEDAR+
Micromem Closes Private Placement
Micromem Provides Update on Collaboration to Advance Nanowire Sensor Technology in Commercial Applications
Micromem Announces Proposed Private Placement
Micromem Provides Update to Breakthrough Real-Time Sensing Measuring the Direct Observation of Charge Responses At Micro-Electron Level
Micromem Announces Execution of Research Collaboration Agreement with the University of Toronto and the Department of National Defence for Biochemical Sensor Project