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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 Sep 08, 2010 2:21pm
222 Views
Post# 17425535

RE: Cymat - Which OEM's are They Working With

RE: Cymat - Which OEM's are They Working WithCymat is working with 3 new European vehicles next generation programs (see Apr 2010 Investor Presentation), the 5th most likely is Force Protection with the Ocelot Next Gen vehicle (Force Protection Europe). This is a light weight, highly protected vehicle using a V-Hull design and composite material which is competing in the UK's LPPV program. Force protection also manufacturers add-on armor and is a USA based OEM. Fits into numerous Cymat references to multiple Eurpoean and US based OEM relationships. Also Force Protection is one of the participants on the Canadian side as well for TAPV and a good fit for additional vehicle family. 
Bullboard Posts