Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Sep 06, 2012 12:28pm
241 Views
Post# 20325490

New Bids For Canada’s CCV Program

New Bids For Canada’s CCV Program

Nexter Systems has confirmed it has submitted a bid in response to Canada’s RFP for the Close Combat Vehicle (CCV).

https://www.defenseworld.net/go/defensenews.jsp?id=7473&h=New%20Bids%20For%20Canada%E2%80%99s%20Close%20Combat%20Vehicle%20Program

Nexter will offer the VBCI 25, currently in service with the French Army in both Afghanistan and Lebanon, according to the company.

“The VBCI is a state of the art platform with an excellent combination of protection, mobility and firepower” Patrick Lier, Nexter’s Vice President, Sales & Business Development, North America, noted in a statement released Tuesday. “Perhaps its most significant feature is its thick aluminum alloy hull which provides unparalleled protection against mines and IEDs”.

The Canadian government wants to buy 108 of the Close Combat Vehicles with an option to purchase up to 30 additional vehicles.

BAE Systems has also submitted its bid for the contract. “Our offer is based upon the successful CV90, which provides class-leading crew survivability, mobility and firepower for the six current user nations around the world. In all six nations, the CV90 is in service alongside the Leopard 2 main battle tank and is currently on operations in Afghanistan with Denmark, Norway and Sweden,” a statement from BAE Systems said.

The Close Combat Vehicle program, potentially worth $2 billion, was first announced in 2009 but has already fallen two years behind schedule.

Bullboard Posts