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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 31, 2011 6:11pm
239 Views
Post# 19196915

Saudi Arabia seeks Humvees

Saudi Arabia seeks HumveesThe U.S. Defense Security Cooperation Agency has notified Congress that Saudi Arabia is seeking to purchase more than 200 up-armored Humvees.

https://www.upi.com/Business_News/Security-Industry/2011/10/31/Saudi-Arabia-seeks-Humvees/UPI-27901320066816/?spt=hs&or=si

The complete shopping list is 124 M1151A1-B1 up-armored High Mobility Multi-Purpose Wheeled Vehicles, 99 M1152A1-B2 up-armored Humvees, supplemental armor kits, spare and repair parts, support and test equipment, publications and technical documentation, personnel training and training equipment, and U.S. government and contractor engineering, technical and logistics support services.

The value of the Foreign Military sale was given as $33 million.

"This proposed sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a friendly country that has been, and continues to be, an important force for political stability and economic progress in the Middle East," the agency said.

The vehicles will provide a highly mobile and light combat vehicle capability to the Royal Saudi Land Forces to rapidly engage and defeat perimeter security threats and readily employ counter and anti-terrorism measures.

The RSLF already has HMMWVs in its inventory and will have no difficulty absorbing these vehicles, it said.

The prime contractor will be AM General of South Bend, Ind.

Implementation of the proposed sale will not require the assignment of any additional U.S. government or contractor representatives to Saudi Arabia.

Read more: https://www.upi.com/Business_News/Security-Industry/2011/10/31/Saudi-Arabia-seeks-Humvees/UPI-27901320066816/#ixzz1cOrWhmjr
Bullboard Posts