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Cymat Technologies Ltd V.CYM

Alternate Symbol(s):  CYMHF

Cymat Technologies Ltd. is a manufacturing company. The Company holds licenses and related patents to manufacture and sell Stabilized Aluminum Foam (SAF), a cellular metallic material. 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 strong, lightweight panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It develops applications for use in the automotive and industrial markets. Its divisions include SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. SAF is used in such industries as architectural design, military and automotive. It markets its architectural SAF under the Alusion brand and its automotive and military SAF under the SmartMetal brand.


TSXV:CYM - Post by User

Bullboard Posts
Post by go4futureon Jun 30, 2009 2:45pm
289 Views
Post# 16109188

Force Armor Kits

Force Armor KitsForce Protection's armor is called "Force Armor". Apparently they have armor kits/agreements with two of the other M-ATV bidders Oshkosh and GD. Note, that the Cougar vehicles have these kit potential which is a LAV vechicle from GD, or the Coyote for Cdn military or the new Lav-H.

Force Protection also has a new way to benefit from the M- ATV program even if its own bid isn’t ultimately successful --the company is supplying armor kits to two other bidders in the contest.

The new kits, called Force Armor, are designed to stop the most dangerous bombs used in Iraq, called explosively formed penetrators, or EFPs. Force Protection has agreements to supply them to Oshkosh and General Dynamics for its second M-ATV bid, Walsh said.

To date, the kits have only been added on the company’s own Cougar vehicles. If they were applied to a winning Oshkosh or General Dynamics M-ATV bid, it would represent the first application on another manufacturer’s vehicles, Walsh said.

Force Protection won its first contracts for the armor from the Marine Corps in December valued at $30 million.

Bullboard Posts