CYMAT ANNOUNCES RECEIPT OF NEXT ORDER OF UNDERBELLY KITS FOR ASIAN MILITARY

MISSISSAUGA, ON, June 26, 2025 /CNW/ – Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the “Company” or “Cymat“) is pleased to announce that SmartMetal^TM, a division of Cymat, has received its next serial production order to provide stabilized aluminum foam underbelly kits to an Asian military vehicle manufacturer. This purchase order consists of 48 blast-protection kits with an order value of $510,000.

This is the second purchase order received under our customer’s full-rate production schedule. The initial 24-kit purchase order was announced in July of 2024 and shipped to the Asian OEM in August/September. These underbelly kits are fitted to personnel transportation vehicles being purchased by our customer’s National Armed Forces

The customer’s production schedule calls for a further 25 kits to be ordered in the fall of this year. The entire supply contract is expected to result in the delivery of 350 SmartMetal^TM blast protection systems over a 3-year period. The full value of this contract to Cymat is estimated to be in the $4M – $5M range. This National Armed Force is acquiring a fleet of 700 of these vehicles from our customer. The global trend for increased national defense spending, such as the commitments recently made by NATO member countries, is expected to provide Cymat’s customer with enhanced sales opportunities for their vehicles.

Michael Liik, Cymat CEO and Chairman said “We extremely pleased to see a ramp up of orders from our long time customer and anticipate that order sizes will continue to increase over the next 12 months.”

About Cymat Technologies Ltd.

Cymat Technologies Ltd. has the global rights, through patents and established know-how, to manufacture and sell Stabilized Aluminum Foam (“SAF”), a unique, ultra-light, cellular metallic material. The proprietary production process entails the injection of gases through a molten bath of alloyed aluminum infused with ceramic particles. The result is an advanced, lightweight, recyclable material that exhibits unique characteristics including customizable density and dimensions; mechanical energy absorption; thermal and acoustic insulation; and time, temperature and strain-rate insensitivity. A key benefit of this continuous foam production process is its scalability and resultant low cost of production. SAF is used in such industries as architectural design, military and automotive. Cymat markets its architectural SAF under the Alusion^TM brand and its automotive and military SAF under the SmartMetal^TM brand. For further information, please visit our website at www.cymat.com. 

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SOURCE Cymat Technologies Ltd.