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New Listing: Metamaterial Inc. (CSE:MMAT)

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Metamaterial, with headquarters in Halifax, and offices in London, UK and Pleasanton, California, is changing the way we use, interact and benefit from light.


Additional Information:

Company: Metamaterial Inc.
Stock Symbol: CSE: MMAT
Date Published: Mar 9, 2020
Transcript: Available

Video Transcript:

I’m Fiona Forbes for Investmentpitch Media

Metamaterial Inc. is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “MMAT”.

Metamaterial, which previously traded as Continental Precious Metals on the TSX Venture Exchange, recently completed a reverse takeover with Metamaterial Technologies.

Metamaterial, with headquarters in Halifax, and offices in London, UK and Pleasanton, California, is changing the way we use, interact and benefit from light.

The company designs and manufactures advanced materials and performance functional films which are engineered at the nanoscale to control light and electromagnetic waves.

Through years of research and testing, the company has developed innovative manufacturing processes related to holography, lithography and wireless sensing to offer customized metamaterial films at affordable prices.

Current products include metaAIR®, a new aviation safety eyewear designed as a defensive tool against harmful and dangerous laser strikes.

A cooperation agreement with Airbus to co-develop laser protection filters, facilitated the partnership with Satair, an Airbus subsidiary, to distribute metaAIR® in the airline industry.

Since the launch of metaAIR in March 2019, the company has sold two units to a national air force for flight tests and has sold fifty units to its distributor Satair.

NanoWeb® is a transparent conductor made of an invisible metal mesh that can be fabricated onto any glass or plastic surface.

It offers a superior alternative to Indium Tin Oxide (ITO), Silver Nanowire (AgNW), graphene and carbon nanotube among other ITO-alternative technologies.

The company is currently developing new materials with diverse applications in the automotive, aerospace, consumer electronics and medical industries, and has a growing patent portfolio with three core technologies holographic, lithographic and wireless sensing, designed for high volume applications.

Ram Ramkumar, new Chairman of META and former Director of Continental Precious Metals, stated: "We looked at a number of different business opportunities and what was unique about MTI was its product offerings and IP portfolio. I have never seen, in my 40 years in business, a company with such an
extensive range of applications. That was the primary driver for our decision to pursue the RTO.
The businesses that are interested in MTI’s applications are some of the top companies in the world."

George Palikaras, President and CEO of META, stated: "Today marks a significant milestone for our company. Over the years, MTI has been fortunate to grow its business in the international market and forge global partnerships. This transaction will allow META to meet increasing customer demand. The potential applications for nanotechnology are endless, and over the next decade it will be transformative for many industries."

The shares are trading at $0.80.

For more information, please visit the company’s website, contact George Palikaras, President and CEO, at 902-482-5729 or email
I’m Fiona Forbes for Investmentpitch Media