MetaMaterials

MetaMaterials Inc. (Nasdaq: MMAT), formerly known as Meta Materials Inc., is a company that designs and manufactures functional materials and nanocomposites. Its primary focus lies in developing advanced materials and nanotechnology solutions across various applications, including consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy.

MetaMaterials' core technology revolves around metamaterials, a class of functional materials engineered to interact with light and energy in unconventional ways through unique patterns or structures. This approach enables the company to create materials with properties and capabilities beyond those found in natural materials, addressing performance limitations in existing products and enabling new possibilities.

The company's extensive technology platform allows it to rapidly develop a library of solutions and functional prototypes at a lower cost compared to traditional chemical synthesis methods. One of MetaMaterials' key offerings is its nano-optic technology, which provides anti-counterfeiting security features for government documents, currencies, and brand authentication.

MetaMaterials operates a production facility in Thurso, Quebec, powered by 99% clean, renewable hydropower, aligning with its sustainability goals. The company aims to replace scarce materials with readily available commodities, reducing energy consumption and improving supply chains.

In June 2022, MetaMaterials was recognized by Corporate Knights Inc. as one of the Future 50 Fastest-Growing Sustainable Companies in Canada, highlighting its commitment to sustainability and innovation in the transition toward a global clean energy economy.