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Cymat Technologies Bags First SmartMetal™ Bullet Order
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Cymat Technologies Bags First SmartMetal™ Bullet Order

Cymat Technologies (TSE:CYM) has released an update.

Cymat Technologies has secured its inaugural commercial order for non-lethal SmartMetal™ bullets from Nobel Sport, aimed at the French Armed Forces, with a contract valued at around $200,000. Following successful certification and testing for safety and accuracy, these bullets represent a significant improvement over traditional rubber bullets used in crowd control and other less-than-lethal scenarios. Additionally, the company reports a robust $2M order backlog for its Alusion™ architectural product, signaling a recovery in global construction markets.

For further insights into TSE:CYM stock, check out TipRanks’ Stock Analysis page.

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