Cymat Technologies Ltd.

CYM

CA23257A2083

Aluminum

Market Closed - Toronto S.E. Other stock markets 03:30:36 2024-04-29 pm EDT			5-day change	1st Jan Change
0.17 ^CAD	+3.03%		-5.56%	-10.53%

Apr. 03	Cymat Technologies Ltd. Announces First Commercial Order for Non-Lethal Bullets	CI
Apr. 01	Cymat Technologies Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	CI

Cymat Technologies Ltd. Announces Major Alusion Order for NEOM Project

January 24, 2024 at 08:42 am EST

Cymat Technologies Ltd. announced that it has received its first order to provide Alusion stabilized aluminum foam panels for installation in the Kingdom of Saudi Arabia's NEOM project, currently the construction project in the world. NEOM is a massive commercial, residential, recreational, and cultural land development project underwritten by a USD 500 billion investment from the Public Investment Fund of the Kingdom of Saudi Arabia. Cymat's Alusion panels will form an important design element for the water park located in the Sindalah district of the NEOM development.

Sindalah will be the first region of NEOM to be completed and will act as the gateway for visitors to the entire NEOM development. This Alusion order has a contract value of CAD 725,000 and is expected to be produced and shipped before March 31, 2024.

Latest news about Cymat Technologies Ltd.

Cymat Technologies Ltd. Announces First Commercial Order for Non-Lethal Bullets	Apr. 03	CI
Cymat Technologies Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	Apr. 01	CI
Cymat Technologies Ltd. Announces Major Alusion Order for NEOM Project	Jan. 24	CI
Cymat Technologies Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2023	Jan. 02	CI
Cymat Technologies Ltd. announced that it has received CAD 1.19015 million in funding	23-10-12	CI
Cymat Technologies Ltd. Reports Earnings Results for the First Quarter Ended July 31, 2023	23-09-29	CI
Cymat Technologies Announced Private Placement Financing	23-09-26	MT
Cymat Technologies Ltd. announced that it expects to receive CAD 1 million in funding	23-09-24	CI
Cymat Technologies Announces Automotive Prototype Test Results, Moving Toward Serial Production Pricing	23-09-12	MT
Cymat Technologies Ltd. Announces Successful Completion of Its Dynamic Physical Impact Testing of Prototype Automotive Components for an Electric Vehicle Automotive Manufacturer	23-09-12	CI
Cymat Technologies Ltd. Reports Earnings Results for the Full Year Ended April 30, 2023	23-08-25	CI
Cymat Technologies Ltd. Announces Progress to Propose and Physical Impact Testing on Automotive Company	23-06-20	CI
Cymat Technologies Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023	23-04-03	CI
Toronto Stocks Tumble; BlackBerry Drops on Expected Impairment Charge, Lower Revenue in 4Q	23-03-07	DJ
Cymat Technologies Reports Wider Fiscal Q2 Loss, Higher Revenue	23-01-03	MT
Cymat Technologies Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2022	22-12-30	CI
Cymat Technologies Ltd. Announces Second Auto Component Development Agreement with Its Global Car Manufacturing Customer	22-12-13	CI
Cymat Technologies Posts Net Loss for Fiscal Q1	22-10-04	MT
Cymat Technologies Ltd. Reports Earnings Results for the First Quarter Ended July 31, 2022	22-09-29	CI
Cymat Technologies Up 24.1% After Reporting Military Serial Production Order	22-09-07	MT
Cymat Technologies Ltd. Receives A Purchase Order for Military Under-Belly Blast Protection Kits from an Asian Military Vehicle Manufacturer for Use by the Singaporean Military	22-09-07	CI
Cymat Technologies Posts Wider Fiscal 2022 Net Loss	22-08-30	MT
Cymat Technologies Ltd. Reports Earnings Results for the Full Year Ended April 30, 2022	22-08-29	CI
Cymat Technologies Reports Proceeds from Warrant Exercise; Up 6.4%	22-07-18	MT
Cymat Technologies Reports Component Development Agreement with Global Car manufacturer	22-07-05	MT

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Company Profile

Cymat Technologies Ltd. is a Canada-based manufacturing company. The Company holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a process, in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It continues to develop applications for use in the automotive and industrial markets. The Company operates through two divisions: SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. Its flat panel architectural line of products is separately branded as Alusion. Alusion markets and sells directly or through a network of worldwide agents and distributors, for use in a range of projects.

Sector

Aluminum

Calendar

2024-08-28 - Q4 2024 Earnings Release (Projected)

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