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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
Comment by go4futureon Aug 26, 2010 9:20am
217 Views
Post# 17385162

RE: RE: Army Looks To Make Ground Combat Vehicle M

RE: RE: Army Looks To Make Ground Combat Vehicle MAlso mentioned in some reports that fund money may get diverted into the modernization / recap programs for Stryker and Humvee....which would solidify these programs even more and a positive for Cymat in the near term. The government says they are not changing the timeline for GCV (7 years out), but looks to me that modernization/recap is a very good bet in the short-term (do more with less, sustain the fleets) and will ultimately scale down the heavy vehicle strategy as jastonell says to recap/retrofit Bradleys.
Bullboard Posts