Cymat Technologe Stock Price, News & Analysis

Cymat Technologies (OTCQB: CYMHF) has received a new serial production order for 48 SmartMetal™ blast-protection underbelly kits valued at $510,000 from an Asian military vehicle manufacturer. This marks the second purchase order under full-rate production, following an initial 24-kit order in 2024.

The complete supply contract is projected to deliver 350 SmartMetal™ blast protection systems over 3 years, with an estimated total value of $4M - $5M. The customer plans to order an additional 25 kits in fall 2025, as part of their National Armed Forces' acquisition of 700 personnel transportation vehicles.

Cymat Technologies (OTCQB: CYMHF) has entered into a Letter of Intent with Rio Tinto Alcan (RTA) to acquire their aluminum metal matrix composites (MMC) technology and customer base. RTA, the world's only major supplier of this proprietary MMC, is exiting the business due to strategic reorganization. The acquisition could generate incremental annual revenue of $7.5M-$10M for Cymat.

The company plans to establish MMC production at its Mississauga plant, leveraging existing workforce and facilities. Capital costs are estimated at $2M-$2.5M, with technology transfer expenses in the low to mid six-figure range. The initiative will be financed through warrant proceeds and equipment financing. The acquisition offers dual benefits: adding substantial uncorrelated revenue and reducing Cymat's primary input material costs significantly.

Cymat Technologies has secured a significant 10-year collaboration agreement with NUVIA in the nuclear energy industry. The partnership focuses on integrating Cymat's SmartMetal™ panels within NUVIA's Nufoam™ systems to protect nuclear facilities against external environmental threats.

The agreement strengthens Cymat's position in France, the world's largest producer of nuclear-derived electricity, where 70% of domestic supply comes from nuclear power. This collaboration supports joint marketing initiatives both within France and internationally, particularly as French nuclear plants undergo extensive life extension programs.

CEO Michael Liik emphasized that nuclear now represents a solid pillar of strong and predictable revenue growth for Cymat. The company will host an Investor Update call on May 1st, 2025, at 4:00 PM ET to discuss this development.

Cymat specializes in manufacturing Stabilized Aluminum Foam (SAF), a unique ultra-light cellular metallic material used in architectural design, military, and automotive industries.

Cymat Technologies (TSXV: CYM) (OTCQB: CYMHF) has received TSX Venture Exchange approval for a non-brokered private placement, raising $1,283,858 in gross proceeds. The offering consists of Units priced at $0.11, with each Unit comprising one Common Share and one Common Share Purchase Warrant.

The company will issue 11,671,435 Common Shares and an equal number of Warrants. Each Warrant allows holders to purchase one Common Share at $0.13 within 24 months, subject to acceleration if share prices remain at or above $0.16 for 10 consecutive trading days. A company insider participated with a $100,000 subscription.

The proceeds will fund capital equipment purchases for a strategic business development initiative and working capital requirements. Securities issued will have a trading hold period expiring August 16, 2025.

Cymat Technologies (TSXV: CYM) (OTCQB: CYMHF) has successfully completed a non-brokered private placement, raising $1,283,858 in gross proceeds. The offering consisted of equity Units priced at $0.11, with each Unit comprising one Common Share and one Common Share Purchase Warrant.

The Warrants allow holders to purchase Common Shares at $0.13 for 24 months, with an acceleration clause if shares trade at $0.16 or higher for 10 consecutive days. The offering resulted in the issuance of 11,671,435 Common Shares and an equal number of Warrants. Finder's fees totaled $4,191, with a company insider subscribing for 909,090 Units ($100,000).

The proceeds will fund capital equipment purchases for a strategic business development initiative and working capital needs, particularly supporting ongoing automotive initiatives. The company plans to host a webinar to update stakeholders on these developments.

Cymat Technologies (CYMHF) has entered into a Joint Development Agreement with a major Japanese trading and manufacturing company to develop innovative automotive solutions for EV battery function and protection. The partnership's initial focus is developing a lightweight, multi-functional EV battery encasement for a specific Japanese OEM.

The project builds upon Cymat's existing composite solution featuring stabilized aluminum foam (SAF) sandwich structure, which has demonstrated 40% weight reduction and 15% cost savings compared to traditional high-strength steel solutions. The partnership is currently conducting physical testing of the enhanced design and pursuing patent protection. Discussions are ongoing with a major Japanese Tier 1 automotive manufacturer for component assembly.

Cymat Technologies (TSXV: CYM) (OTCQB: CYMHF) reported record results for Q1 fiscal 2025, ending July 31, 2024. Highlights include:

• Record quarterly revenue of $2M with positive cashflow from operations
• Architectural business led sales with $1.8M of AlusionTM panels delivered
• Initial SmartMetalTM deliveries under long-term contracts in defense and energy sectors
• Shipped first 24 SmartMetalTM underbelly protection kits to Asian military vehicle manufacturer
• Began shipment of SmartMetalTM panels to NUVIA for nuclear power equipment protection
• Continued focus on automotive industry, particularly electrified vehicle platforms

CEO Michael Liik expressed satisfaction with the turnaround after a challenging fiscal 2024, highlighting the predictability of long-term contractual revenue from the SmartMetal division.

Cymat Technologies (TSXV: CYM) (OTCQB: CYMHF) has received a major order for SmartMetal™ panels used in the NuFoam™ solution, developed with partner NUVIA. The panels will protect sensitive nuclear industry equipment in France against external threats. The initial order is worth approximately $1M, part of a total $2.7M order from NUVIA.

This order marks a significant milestone for Cymat in the nuclear industry. France, with 70% of its domestic electricity derived from nuclear power, is refurbishing its aging nuclear plants. New regulations require life extension programs to protect against external threats, creating a strong market for Cymat's SmartMetal™ panels.

Cymat CEO Michael Liik expressed excitement about this new line of business, stating it lays a strong foundation for SmartMetal™ panel sales for years to come.

Cymat Technologies (TSXV: CYM, OTCQB: CYMHF) announced its first high-volume order for SmartMetal™ stabilized aluminum foam underbelly kits from an Asian military vehicle manufacturer. This order includes 24 kits, with expectations of a total 350 kits over three years for about 700 vehicles. Cymat has been supplying these kits in low volumes for 18 months and now moves to full-rate production. The estimated contract value is $4M-$5M. CEO Michael Liik anticipates this order will boost Cymat's prospects with other military vehicle manufacturers and accelerate business opportunities globally.