Cymat Technologies Ltd
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Michael M. Liik
- Full Time Employees
- 11
- Sector
- Producer manufacturing
- Industry
- Industrial conglomerates
- Address
- 6320-2 Danville Road Mississauga ON Canada L5T 2L7
- IPO Date
- May 23, 2001
- Website
- cymat.com
- Similar Companies
- Business
- Cymat Technologies Ltd. Cymat Technologies Ltd. (TSXV: CYM), founded in 2006 and headquartered in Mississauga, Ontario, Canada, is a materials technology company that manufactures and sells stabilized aluminum foam (SAF), an ultra-light cellular metallic material produced via a proprietary process involving gas injection into molten aluminum alloy with ceramic particles; SAF exhibits customizable density and dimensions, superior energy absorption, thermal and acoustic insulation, and full recyclability. The company offers architectural SAF panels under the Alusion™ brand for interior and exterior wall, ceiling, and flooring applications providing modern aesthetic appeal; and SmartMetal™ branded SAF for automotive components enhancing lightweight safety and crash energy management, defense and military blast mitigation solutions including underbelly protection kits and non-lethal bullets, industrial infrastructure safeguarding such as nuclear facility protection integrated with partners' NuFoam™ systems, and general energy absorption uses; operations span worldwide markets including North America, Europe, Asia, and the Middle East. Recent developments include a September 2025 partnership agreement with a global automotive Tier 1 manufacturer for specialized SAF component design and production, a June 2025 letter of intent with Rio Tinto Alcan Inc. to acquire proprietary aluminum metal matrix composite technology and customer base potentially adding $7.5 million to $10 million in annual revenue while reducing input costs, a 10-year collaboration with NUVIA for nuclear SmartMetal™ panels, first serial production and high-volume military orders in 2024 for underbelly kits to an Asian military and non-lethal bullets, a major Alusion™ order for Saudi Arabia's NEOM project, strategic investment and co-operation with Tesseract Structural Innovations, and multiple equity financings to support expansion.
Company News
CYMAT TO WELCOME GOVERNMENT OFFICIALS AND STRATEGIC PARTNERS TO ITS MISSISSAUGA FACTORY ON OCTOBER 28
CYMAT EXECUTES COMMERCIAL AGREEMENT WITH RIO TINTO ALCAN TO ASSUME CUSTOMERS OF THEIR PROPRIETARY ALUMINUM METAL MATRIX COMPOSITES BUSINESS
CYMAT EXECUTES COMMERCIAL AGREEMENT WITH RIO TINTO ALCAN TO ASSUME CUSTOMERS OF THEIR PROPRIETARY ALUMINUM METAL MATRIX COMPOSITES BUSINESS
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