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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 red_baronon Oct 25, 2011 5:37pm
336 Views
Post# 19180675

General Dynamics Gets $367 Mln

General Dynamics Gets $367 MlnTo Build 177 Double-V-Hull Stryker Vehicles

https://www.rttnews.com/Content/QuickFacts.aspx?Id=1741789&SM=1

General Dynamics Land Systems, a business unit of General Dynamics Corp. (GD: News ), received $367 million from the U.S. Army TACOM Lifecycle Management Command to produce and deliver an additional 177 Stryker combat vehicles equipped with double-V hulls.

The double-V hull was developed on an accelerated timeline to provide Stryker-borne soldiers increased protection from the effects of roadside mines and improvised explosive devices.

The company said deliveries will be completed by July 2013.

Bullboard Posts