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The Market Online
26-06-2025
- Automotive
- The Market Online
SmartMetal secures second major order for blast-protection kits from Asian military vehicle manufacturer
SmartMetal, a division of Cymat Technologies (TSXV:CYM), has received its second serial production order to supply its proprietary stabilized aluminum foam underbelly blast-protection kits to a leading Asian military vehicle manufacturer The latest purchase order, valued around C$510,000, includes 48 kits designed to enhance the survivability of personnel transportation vehicles used by the customer's National Armed Forces Cymat said that the global trend toward increased defense budgets—highlighted by recent NATO member commitments—is expected to bolster its customer's vehicle sales, potentially opening new markets for SmartMetal's advanced materials technology Cymat stock (TSXV:CYM) last traded at $0.18 SmartMetal, a division of Cymat Technologies (TSXV:CYM), has received its second serial production order to supply its proprietary stabilized aluminum foam underbelly blast-protection kits to a leading Asian military vehicle manufacturer. The latest purchase order, valued around C$510,000, includes 48 kits designed to enhance the survivability of personnel transportation vehicles used by the customer's National Armed Forces. '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,' Michael Liik, Cymat's chair and CEO said in a news release. This order follows an initial 24-kit purchase announced in July 2024, which was successfully delivered in August and September of that year. Both orders are part of a broader full-rate production schedule initiated by the customer, reflecting growing demand for advanced vehicle protection systems amid rising global defense spending. The customer's production roadmap anticipates an additional order of 25 kits in the fall of 2025. Over the next three years, Cymat expects to deliver a total of 350 SmartMetal blast-protection systems under the current supply contract, with the total contract value estimated between C$4 million and C$5 million. The underbelly kits are being integrated into a fleet of 700 personnel carriers being procured by the National Armed Forces, underscoring the strategic importance of lightweight, high-performance armor solutions in modern military operations. Cymat also noted that the global trend toward increased defense budgets—highlighted by recent NATO member commitments—is expected to bolster its customer's vehicle sales, potentially opening new markets for SmartMetal's advanced materials technology. Earlier this week, the company announced that it had signed a letter of intent with Rio Tinto Alcan to acquire its aluminum metal matrix composite (MMC) technology, including an existing customer base. Cymat Technologies Ltd. manufactures and sells Stabilized Aluminum Foam, a patented, ultra-light, cellular metallic material notable for its customizable density and dimensions, mechanical energy absorption, thermal and acoustic insulation, as well as time, temperature and strain-rate insensitivity. The technology, marketed under the SmartMetal brand, has applications in architectural design, military and automotive. Cymat stock (TSXV:CYM) last traded at $0.18 and has risen 50.00 per cent since the year began and is up 20.00 per cent since this time last year. Join the discussion: Find out what everybody's saying about this industrial materials stock's potential acquisition of Rio Tinto technology on the Cymat Technologies Ltd. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Indian Express
07-05-2025
- Politics
- Indian Express
Hyderabad put on high alert, public advised to stay vigilant: ‘State, Centre working together,' says Revanth Reddy
Telangana Chief Minister A Revanth Reddy held an emergency meeting on security at the Integrated Command Control Centre in Hyderabad to 'review all security preparations post Operation Sindoor'. The Chief Minister discussed security measures to safeguard all major installations and key strategic central and state government locations, a statement from the CM Office said. Leaves of all government employees in emergency services have been cancelled. 'All employees should be ready to render their services. All ministers and officials should also be available and cancel all foreign trips, if any,' Reddy said. The CM also asked the police to detain all irregular Pakistani and Bangladeshi nationals, if any, living in the state. 'A hotline communication system should be established in the command control centre. Strict action will be taken against those who disturb peace and security,' the CMO statement said. Reddy also instructed Hyderabad police to be on high alert and hold talks with peace committees, if necessary. 'The police department should also keep an eye on the movements of history sheeters and habitual offenders,' the Chief Minister said. He warned government officials against making controversial statements. A toll-free round-the-clock number will be provided to the public in case of distress, he said. 'The state government will provide total support and cooperation to, and work along with, the National Armed Forces,' the statement added. The state is 'on vigilance' and the 'CM will personally review the situation on war-footing and ensure security, safety, and ensure total vigilance in Hyderabad, and all cities, towns and villages across Telangana,' the statement read. The CMO has advised people to 'keep vigil', but also to 'be totally reassured that the Centre and state are working together for their safety'. The statement requested 'total cooperation from all citizens at this hour'. According to the statement, Reddy emphasised that 'a strong message of supporting the Indian Army by the entire nation should be sent out. There is no room for politics and different parties should maintain restraint in the difficult times'. The CMO has asked for health officials to stockpile blood banks and emergency medicine. 'Information about the availability of beds in the private hospitals should be updated from time to time. Coordination should be maintained with the Red Cross. Food stock should also be made sufficient,' it said. The Chief Minister also mentioned cyber security and 'warned those who peddle fake news and create panic'. 'A special cell will be launched to curb fake news, which could cause anxiety and panic among people,' the CM said. The police were directed to connect all CCTV cameras to the command control room in the three police commissionerates in the Greater Hyderabad region. 'Step up surveillance and enhance security in all district headquarters and sensitive areas. Tighten security at all foreign consulates in Hyderabad. Enhance security measures at all IT companies,' the CM told officials.
Hans India
07-05-2025
- Politics
- Hans India
Telangana, Andhra Pradesh CMs hail ‘Operation Sindoor'
Telangana Chief Minister, A. Revanth Reddy, and his Andhra Pradesh counterpart N. Chandrababu Naidu have hailed the strikes against terror hideouts in Pakistan. Telangana Chief Minister Revanth Reddy said that the strikes against terror factories in Pakistan have "made us proud." Chief Minister Reddy stated that as an Indian citizen, he stands strongly with the armed forces. 'The strikes against terror factories in Pakistan and Pakistan Occupied Kashmir make us proud. Let us make this a moment for national solidarity and unity, and all of us speak in one voice - Jai Hind!,' he posted on his X handle. CM Reddy was holding an emergency meeting with top officials at the Integrated Command and Control Centre (ICCC) in Hyderabad to review all security preparations in the wake of 'Operation Sindoor'. The meeting will review the security measures to safeguard all major installations and key strategic Central, Defence and state government locations. The Telangana government will provide total support and cooperation to, and work along with the National Armed Forces, said a statement from the Chief Minister's Office. CM Reddy will personally review the situation on a war-footing and ensure security, safety and ensure total vigilance in Hyderabad and other cities, towns and villages across Telangana. Andhra Pradesh Chief Minister Naidu also took to social media platform X to hail 'Operation Sindoor'. 'With pride, I salute the brave warriors of the Indian Armed Forces for swiftly avenging the Pahalgam terror attack. With their unmatched bravery and precision, they have again demonstrated that our nation will defend itself with iron will,' he said. CM Naidu posted that under the leadership of Prime Minister Narendra Modi, the world has witnessed India's strength and determination. 'Our country stands united against terror and firmly in support of our Armed Forces. Jai Hind!,' he said. Deputy Chief Minister Pawan Kalyan, too, hailed 'Operation Sindoor'. The Jana Sena leader thanked the three service chiefs and Prime Minister Modi and said they infused bravery in Indian society whose hands were tied due to extreme patience for a long time. 'We are with you. Jai Hind,' the Deputy CM posted on 'X'. Minister for Human Resources Development Nara Lokesh stated that 'Operation Sindoor' was a loud message to those who dare test India's sovereignty that with the strong leadership of Prime Minister Modi, India will strike back with strength, precision, and unshakeable determination. 'I wholeheartedly applaud Modi Ji for being the unbreakable shield of this country. His bravery and devotion to national security have made Pakistan fearful and all Indians proud. India is secure, powerful, and united, and no power on this Earth can break our spirit,' he said. Bharat Rashtra Samithi Working President, K.T. Rama Rao saluted the "amazing" Indian Armed Forces for their precision strikes on terrorist camps in PoK and Pakistan. 'Wishing them more power and strength in completely eliminating terrorist infrastructure. Jai Hind,' posted the former Telangana minister.
The Hindu
07-05-2025
- Politics
- The Hindu
Telangana CM calls for emergency meeting to review security measures
Post Operation Sindoor, Telangana Chief Minister A. Revanth Reddy called for an emergency meeting with all officials concerned at the Integrated Command and Control Centre (ICCC) in Hyderabad to review security preparations on Wednesday (May 7,2025) morning. The security measures to safeguard all major installations and key strategic Central, defence and State government locations will be reviewed. The State government will provide total support and cooperation to, and work along with the National Armed Forces, as per a press note issued in the morning. 'CM Revanth will personally review the situation on war-footing and ensure security, safety and total vigilance in Hyderabad, and all cities, towns and villages across Telangana. People are advised to keep vigil but also be reassured that the Centre and State are working together for their safety,' it added.
United News of India
07-05-2025
- Politics
- United News of India
Telangana CM convenes emergency meeting to review security post 'Operation Sindoor'
Hyderabad, May 7 (UNI) Telangana Chief Minister A. Revanth Reddy has convened an emergency meeting with all concerned officials at 1100 hours on Wednesday at the Integrated Command and Control Centre (ICCC) in Hyderabad to review security preparations in the wake of Operation Sindoor. According to an official statement, the meeting will focus on reviewing security measures to safeguard all major installations and key strategic locations under the Central, Defence, and State governments. The state government will extend full support and cooperation to the National Armed Forces and work closely with them to ensure a coordinated response. Chief Minister Revanth Reddy will personally monitor the situation on a war footing to ensure heightened security, safety, and total vigilance in Hyderabad and across all cities, towns, and villages in Telangana. The public has been advised to remain vigilant but reassured that both the Centre and State governments are working together to ensure their safety. 'We request total cooperation from all citizens during this time,' the statement added. UNI VV ARN
