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Cymat Technologies Ltd(CYM-X)
TSX Venture

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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

Profile

Cymat Technologies Ltd is a materials technology company that manufactures and sells stabilized aluminum foam (SAF) products to various countries. Its proprietary technology produces lightweight, porous aluminum foam that offers energy absorption, thermal and acoustic insulation, and blast mitigation. Its products are used in the automotive and industrial markets. Cymat serves automotive, architecture, defense, and general industrial sectors by providing customizable aluminum foam solutions. Revenue arises mainly from the sale of SAF based on customer contracts. Geographically Europe and UK generates majority of its revenue.