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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 Aug 21, 2009 11:21am
336 Views
Post# 16237780

DND Close Combat Vechicle (CCV) Moving Fast

DND Close Combat Vechicle (CCV) Moving FastThe CDN Close Combat Vechicle Procurement by DND is moving very fast as reported by the Ottawa Citizen Defence Watch today!
More good news for Cymat....

https://communities.canada.com/ottawacitizen/blogs/defencewatch/archive/2009/08/21/close-combat-vehicle-procurement-moving-rapidly.aspx

The race is on for the Close Combat Vehicle and the project is moving at full-tilt.

Industry is supposed to respond to the letter of interest (LOI) by Aug. 25. Some companies asked for slight extensions on that but were turned down flat. Strangely, requests to extend the response time for the LOI on the TAPV project had been approved. But not for CCV.

The reason why?

I’m told the CCV project is seen as the most contentious of the future armored vehicle purchases, with questions already being asked in some government quarters about what these vehicles would be used for since Canada is pulling out of Afghanistan in 2011.

So DND wants to get this rolling and a contract signed while the Harper government still remains in power.

The Solicitation of Interest and Qualifications for CCV will be released in September and a request for proposals in November

Bullboard Posts