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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 Oct 15, 2010 8:58am
508 Views
Post# 17568213

Humvee Recap Moving to Front & Center

Humvee Recap Moving to Front & CenterAccording to Defencenews (Oct 7, 2010):

- Efforts to modernize the Humvee are moving to front and center, as both services (Army/Marines) are teaming up to launch a recap program in 2011.
- The Army plans to release a draft request for proposals in November, according to an industry source.
- The formal request for proposals is expected in January from the Army's program executive office for combat support and combat service support, industry sources said.
- For this to happen, Army acquisition executive Malcolm O'Neill would need to approve the recap program's structure and goals. And Congress has to approve the funding.
- According to one industry source, the Humvee recap effort is anticipated to take 15 years at an annual pace of 5,000 to 7,000 vehicles. The Army has 154,000 Humvees.
- The Pentagon will assess the vehicle programs for its 2012 budget, due to Congress in February.

https://www.defensenews.com/story.php?i=4892096&c=AME&s=LAN

Bullboard Posts