CYMAT ENTERS INTO PARTNERSHIP AGREEMENT WITH GLOBAL AUTOMOTIVE TIER 1 MANUFACTURER
Cymat Technologies (OTCQB: CYMHF) has formed a strategic partnership with a global Tier 1 automotive parts manufacturer to design and produce specialized lightweight, energy-absorbing components for the automotive industry. The partnership combines Cymat's Stabilized Aluminum Foam (SAF) technology with the Tier 1 manufacturer's expertise in complex aluminum extrusions.
Working alongside design partner Tesseract Structural Innovations, Cymat is currently developing a new component in response to an RFI from a global automotive manufacturer. The partnership agreement encompasses both design collaboration and manufacturing/assembly capabilities, addressing Cymat's previous limitations in assembling complex SAF-filled aluminum parts.
The collaboration positions Cymat to secure automotive contracts and potentially expand its innovative solutions to multiple automotive OEMs worldwide through its partner's established network.Cymat Technologies (OTCQB: CYMHF) ha stretto una partnership strategica con un produttore globale di componenti automobilistici di primo livello per progettare e realizzare elementi leggeri e ad assorbimento energetico specifici per il settore automotive. L’accordo unisce la tecnologia Stabilized Aluminum Foam (SAF) di Cymat all’esperienza del partner nelle estrusioni di alluminio complesse.
In collaborazione con lo studio di progettazione Tesseract Structural Innovations, Cymat sta sviluppando un nuovo componente in risposta a una RFI di un costruttore automobilistico globale. L’intesa copre sia la fase di progettazione congiunta sia le capacità di produzione e assemblaggio, superando le precedenti limitazioni di Cymat nell’assemblaggio di parti in alluminio riempite con SAF.
Questa collaborazione mette Cymat in posizione favorevole per ottenere contratti nel settore automotive e per estendere le sue soluzioni innovative a più OEM automobilistici a livello mondiale tramite la rete consolidata del partner.
Cymat Technologies (OTCQB: CYMHF) ha establecido una alianza estratégica con un fabricante global de componentes automotrices de nivel 1 para diseñar y producir piezas ligeras y absorbentes de energía específicas para la industria automotriz. La asociación combina la tecnología Stabilized Aluminum Foam (SAF) de Cymat con la experiencia del fabricante en extrusiones de aluminio complejas.
Junto con el socio de diseño Tesseract Structural Innovations, Cymat está desarrollando actualmente un nuevo componente en respuesta a una RFI de un fabricante automotriz global. El acuerdo incluye colaboración en diseño y capacidades de fabricación/ensamblaje, abordando las limitaciones previas de Cymat para ensamblar piezas de aluminio rellenadas con SAF.
La colaboración sitúa a Cymat en posición de obtener contratos automotrices y, potencialmente, de ampliar sus soluciones innovadoras a múltiples OEM automotrices en todo el mundo a través de la red establecida de su socio.
Cymat Technologies (OTCQB: CYMHF)는 글로벌 Tier 1 자동차 부품 제조업체와 전략적 파트너십을 체결하여 자동차 산업용 경량 에너지 흡수 부품을 설계·생산합니다. 이 파트너십은 Cymat의 Stabilized Aluminum Foam (SAF) 기술과 Tier 1 제조업체의 복잡한 알루미늄 압출에 대한 전문성을 결합합니다.
설계 파트너 Tesseract Structural Innovations와 함께 Cymat은 글로벌 완성차 제조사의 RFI에 대응해 새로운 부품을 개발 중입니다. 파트너십 계약은 설계 협업뿐 아니라 제조·조립 역량까지 포함해, SAF가 채워진 복합 알루미늄 부품 조립에 있어 Cymat의 기존 한계를 해소합니다.
이번 협업은 Cymat이 자동차 관련 계약을 확보할 수 있는 기반을 마련하며, 파트너의 확고한 네트워크를 통해 전 세계 여러 자동차 OEM으로 혁신 솔루션을 확장할 가능성을 열어줍니다.
Cymat Technologies (OTCQB: CYMHF) a conclu un partenariat stratégique avec un fabricant mondial de pièces automobiles de niveau 1 pour concevoir et produire des composants légers et absorbant l’énergie destinés à l’industrie automobile. Le partenariat associe la technologie Stabilized Aluminum Foam (SAF) de Cymat à l’expertise du fabricant en profils extrudés d’aluminium complexes.
Aux côtés du partenaire en conception Tesseract Structural Innovations, Cymat développe actuellement un nouveau composant en réponse à une RFI émise par un constructeur automobile mondial. L’accord couvre la collaboration en conception ainsi que les capacités de fabrication et d’assemblage, répondant aux limites antérieures de Cymat dans l’assemblage de pièces en aluminium remplies de SAF.
Cette collaboration place Cymat en position favorable pour remporter des contrats automobiles et, potentiellement, étendre ses solutions innovantes à plusieurs équipementiers OEM dans le monde grâce au réseau établi du partenaire.
Cymat Technologies (OTCQB: CYMHF) hat eine strategische Partnerschaft mit einem globalen Tier-1-Zulieferer der Automobilindustrie geschlossen, um spezielle leichte, energieabsorbierende Komponenten für den Automobilbereich zu entwickeln und zu fertigen. Die Partnerschaft kombiniert Cymats Stabilized Aluminum Foam (SAF)-Technologie mit dem Know-how des Zulieferers für komplexe Aluminium-Extrusionen.
Gemeinsam mit dem Designpartner Tesseract Structural Innovations entwickelt Cymat derzeit eine neue Komponente als Antwort auf eine RFI eines globalen Fahrzeugherstellers. Die Vereinbarung umfasst sowohl gemeinsame Entwicklungsarbeit als auch Produktions- und Montagekapazitäten und behebt damit frühere Einschränkungen von Cymat beim Zusammenbau SAF-gefüllter Aluminiumteile.
Die Zusammenarbeit positioniert Cymat vorteilhaft, um Automobilaufträge zu gewinnen und über das etablierte Netzwerk des Partners seine innovativen Lösungen potenziell mehreren OEMs weltweit anzubieten.
- Strategic partnership with global Tier 1 automotive manufacturer enhances manufacturing capabilities
- Access to established automotive OEM network through new partner's relationships
- Addresses key manufacturing limitation for complex SAF-filled aluminum parts
- Currently engaged in active RFI response with global automotive manufacturer
- Current lack of in-house capability for complex component assembly
- Dependency on third-party partnerships for complete product delivery
Cymat, together with its automotive component design partner Tesseract Structural Innovations, Inc. ("Tesseract"), has designed, prototyped and tested numerous innovative lightweight, energy absorbing components for the automotive industry. Cymat and Tesseract are currently engaged in the design of a new component in response to an RFI from a global automotive manufacturer.
While Cymat has the experience and manufacturing capacity to deliver the stabilized aluminum foam ("SAF") elements of this new component, it lacks the capability and facilities to assemble such a complex SAF-filled aluminum part. As such, Cymat has entered into a partnership agreement with an automotive Tier 1 parts manufacturer that specializes in the design and manufacturing of complex aluminum extrusions required for this component. The agreement contemplates both design participation and manufacturing/assembly of this part as well as other components that the parties may decide to jointly pursue.
Cymat CEO and Chairman Michael Liik commented "We are excited to be partnered with this major auto parts manufacturer as it completes the last piece of the puzzle needed to secure automotive contracts." He added "As our new partner is an established supplier to this automotive OEM as well as numerous other automotive OEMs around the world, we also look forward to jointly introducing our innovative solutions to a host of new prospective automotive manufacturers."
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 AlusionTM brand and its automotive and military SAF under the SmartMetalTM brand. For further information, please visit our website at www.cymat.com.
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SOURCE Cymat Technologies Ltd.
FAQ
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