Meta Materials Inc.
MMTLP
Other OTC2.90
USD
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Meta Materials Inc.
MMTLP
(Other OTC)
Recent
price
2.90
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Meta Materials Inc. Meta Materials Inc. operates as an advanced materials and nanotechnology company focused on developing high-performance functional materials and nanocomposites using sustainable science; its core products include metaAIR laser glare protection eyewear, NANOWEB transparent conductive films, holoOPTIX holographic optical components, glucoWISE non-invasive glucose monitoring technology, NPORE ceramic nanoporous membrane separators for lithium-ion batteries, QUANTUM stripe anti-counterfeiting features for banknotes, KolourDepth and LumaChrome security solutions, and LiveOptik protective branding technologies. The company serves OEM customers across aerospace and defense with de-icing, defogging, and transparent EMI shielding; automotive applications including anti-reflection coatings, heads-up displays, and transparent antennas; consumer electronics for augmented reality, touch screens, and EMI shading; 5G communications; energy sectors like batteries and solar cells; brand protection in apparel, sports, toys, and licensors; medical devices for magnetic resonance imaging and radio-wave imaging; and secure documents such as banknotes and government IDs. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, Canada, Meta Materials Inc. conducts operations in the United States, Canada, and internationally, with technology platforms encompassing ARfusion holography, PLASMAfusion, lithography, KolourOptik, and custom metamaterials solutions; it holds over 455 active patent documents across 124 families. In recent developments, the company regained Nasdaq compliance in February 2024, priced a $3.4 million registered direct offering in February 2024, announced workforce reductions in May 2024, completed strategic restructuring in late 2023 to focus on revenue-generating lines like authentication and battery materials, and filed for Chapter 7 bankruptcy in August 2024, ceasing operations, terminating all employees and executives, and dissolving its board while a trustee liquidates assets. Formerly known as Torchlight Energy Resources, Inc., it changed its name to Meta Materials Inc. in June 2021 following a merger.