Micromem Technologies Provides Update
Micromem Technologies (OTCQB: MMTIF) provided an operational update on October 27, 2025. Micromem met with University of Toronto on October 16, 2025 under the Collaboration Agreement executed February 25, 2025 with the Department of National Defence to advance gas and liquid sensing technologies.
The company reports the project is progressing well and remains on schedule. A follow-up meeting with UofT, NSERC and DRDC is expected before the end of calendar year 2025 to review progress and set the plan for 2026. Micromem also submitted a proposal to NATO DIANA; the 2025 submission was not advanced but Micromem intends to submit a revised proposal in 2026. Separate commercial discussions with Chevron continue. Micromem said it will update shareholders as developments occur.
Micromem Technologies (OTCQB: MMTIF) ha fornito un aggiornamento operativo il 27 ottobre 2025. Micromem ha incontrato l'Università di Toronto il 16 ottobre 2025 nell'ambito dell'Accordo di Collaborazione stipulato il 25 febbraio 2025 con il Department of National Defence per avanzare tecnologie di rilevamento gas e liquidi.
La società riferisce che il progetto sta avendo buoni progressi e resta nei tempi previsti. Un incontro di follow-up con UofT, NSERC e DRDC è previsto entro la fine dell'anno solare 2025 per rivedere i progressi e definire il piano per il 2026. Micromem ha inoltre presentato una proposta a NATO DIANA; la sottomissione 2025 non è stata avanzata ma Micromem ha intenzione di presentare una proposta rivista nel 2026. Prospettive commerciali separate con Chevron continuano. Micromem ha dichiarato che terrà aggiornati gli azionisti man mano che si verificano sviluppi.
Micromem Technologies (OTCQB: MMTIF) proporcionó una actualización operativa el 27 de octubre de 2025. Micromem se reunió con la Universidad de Toronto el 16 de octubre de 2025 en virtud del Acuerdo de Colaboración firmado el 25 de febrero de 2025 con el Departamento de Defensa Nacional para avanzar tecnologías de detección de gas y líquidos.
La empresa informa que el proyecto progresa bien y se mantiene en el cronograma. Se prevé una reunión de seguimiento con UofT, NSERC y DRDC antes de finalizar el año calendario 2025 para revisar el progreso y fijar el plan para el 2026. Micromem también presentó una propuesta a NATO DIANA; la presentación de 2025 no avanzó, pero Micromem tiene la intención de presentar una propuesta revisada en 2026. Unas conversaciones comerciales separadas con Chevron continúan. Micromem dijo que actualizará a los accionistas a medida que ocurran los desarrollos.
Micromem Technologies (OTCQB: MMTIF) 는 2025년 10월 27일 운영 업데이트를 제공했습니다. Micromem 은 2025년 10월 16일 토론토 대학교와 2025년 2월 25일 체결된 협력 협정에 따라 가스 및 액체 센싱 기술을 발전시키기 위한 협력을 진행했습니다.
회사는 프로젝트가 순조롭게 진행 중이며 일정에 맞춰 진행되고 있다고 보고합니다. UofT, NSERC 및 DRDC 와의 후속 회의가 2025년 말까지 열려 진행 상황을 검토하고 2026년 계획을 수립할 것으로 예상됩니다. Micromem은 또한 NATO DIANA에 제안서를 제출했습니다; 2025년 제안은 진전되지 않았으나 2026년에는 수정 제안을 제출할 의향이 있습니다. Chevron 와의 별도 상업 논의가 계속되고 있습니다. 개발 상황이 있을 때 주주들에게 업데이트하겠다 고 Micromem은 말했습니다.
Micromem Technologies (OTCQB: MMTIF) a fourni une mise à jour opérationnelle le 27 octobre 2025. Micromem a rencontré l'Université de Toronto le 16 octobre 2025 dans le cadre de l'Accord de collaboration signé le 25 février 2025 avec le Department of National Defence pour faire avancer les technologies de détection de gaz et de liquides.
L'entreprise indique que le projet progresse bien et respecte le calendrier. Une réunion de suivi avec UofT, NSERC et DRDC est prévue avant la fin de l'année civile 2025 pour examiner les progrès et fixer le plan pour 2026. Micromem a également soumis une proposition à NATO DIANA; la soumission de 2025 n'a pas été avancée mais Micromem a l'intention de présenter une proposition révisée en 2026. Des discussions commerciales séparées avec Chevron se poursuivent. Micromem a déclaré qu'il tiendra les actionnaires informés au fur et à mesure que les développements se produisent.
Micromem Technologies (OTCQB: MMTIF) hat am 27. Oktober 2025 ein betriebliches Update bereitgestellt. Micromem traf sich am 16. Oktober 2025 mit der Universität Toronto im Rahmen des am 25. Februar 2025 mit dem Department of National Defence unterzeichneten Kooperationsabkommens, um Technologien zur Gas- und Flüssigkeitserkennung voranzutreiben.
Das Unternehmen berichtet, dass das Projekt gut voranschreitet und im Zeitplan liegt. Ein Folgegespräch mit UofT, NSERC und DRDC wird voraussichtlich vor dem Ende des Kalenderjahres 2025 stattfinden, um den Fortschritt zu überprüfen und den Plan für 2026 festzulegen. Micromem hat auch einen Vorschlag an NATO DIANA eingereicht; die Einreichung 2025 wurde nicht vorangetrieben, aber Micromem beabsichtigt, 2026 einen überarbeiteten Vorschlag vorzulegen. Separate kommerzielle Gespräche mit Chevron laufen weiter. Micromem erklärte, dass es die Aktionäre aktualisieren wird, sobald Entwicklungen eintreten.
Micromem Technologies (OTCQB: MMTIF) قدمت تحديثاً تشغيلياً في 27 أكتوبر 2025. Micromem اجتمعت مع جامعة تورنتو في 16 أكتوبر 2025 بموجب اتفاقية التعاون الموقعة في 25 فبراير 2025 مع وزارة الدفاع الوطنية لتطوير تقنيات استشعار الغاز والسوائل.
تعلن الشركة أن المشروع يتقدم بشكل جيد وفي الجدول الزمني. من المتوقع عقد اجتماع متابعة مع UofT و NSERC و DRDC قبل نهاية السنة التقويمية 2025 لاستعراض التقدم ووضع الخطة لـ 2026. كما قدمت Micromem اقتراحاً إلى NATO DIANA؛ لم يتم تقدم العرض لعام 2025 لكن تنوي Micromem تقديم اقتراح منقّح في 2026. وتواصل مناقشات تجارية منفصلة مع Chevron. قالت Micromem إنها ستطلع المساهمين عند حدوث التطورات.
Micromem Technologies (OTCQB: MMTIF) 于 2025 年 10 月 27 日提供了运营更新。Micromem 于 2025 年 10 月 16 日 与多伦多大学在 2025 年 2 月 25 日签署的合作协议框架下就推进气体与液体传感技术进行了会面。
公司报告称项目进展顺利，按计划进行。计划在 2025 年底前与 UofT、NSERC 与 DRDC 举行后续会议，以回顾进展并为 2026 年制定计划。Micromem 还向 NATO DIANA 提交了提案；2025 年的提交未获推进，但 Micromem 计划在 2026 提交修订提案。与 Chevron 的单独商业讨论仍在进行。Micromem 表示将随着事态进展不断向股东更新。
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Toronto, Ontario and New York, New York--(Newsfile Corp. - October 27, 2025) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") is pleased to provide the following update on its current activities.
Micromem met with the University of Toronto ("UofT") on October 16, 2025, in connection with the Collaboration Agreement executed amongst Micromem, the Department of National Defence (DND), and the UofT on February 25, 2025. The ongoing work under this agreement focuses on the development of both gas and liquid sensing technologies. The project continues to progress well and remains on schedule.
The Company anticipates its next meeting with representatives of the UofT, the Natural Sciences and Engineering Research Council of Canada (NSERC), and the Defence Research Development Canada (DRDC) will occur before the end of calendar year 2025. This meeting will include a review of the program's progress and the establishment of the forward-looking plan for calendar year 2026.
Micromem also recently submitted a research proposal to NATO DIANA (the Defence Innovation Accelerator for the North Atlantic), an initiative established by NATO to foster and accelerate dual-use innovation technologies. Although NATO DIANA did not advance Micromem's 2025 submission, the Company has been encouraged to submit a revised proposal in 2026 and intends to do so.
Separately, discussions with Chevron continue as part of Micromem's ongoing commercial engagement initiatives.
Micromem will continue to keep shareholders informed as additional developments arise.
About Micromem
Micromem Technologies Inc. and its subsidiaries, a publicly traded company (OTCQB: MMTIF) (CSE: MRM), develops, and commercializes advanced sensor solutions using proprietary nanotechnology and analyzes specific industry sectors to create intelligent game-changing applications that address unmet market needs. It creates platforms the serve the needs of industries that demand accuracy, durability, and real-time intelligence in detection systems. By leveraging its expertise and experience with sophisticated sensor applications, the Company successfully powers the development and implementation of innovative solutions for oil & gas, utilities, automotive, healthcare, government, information technology, manufacturing and other industries. Visit www.micromeminc.com.
Safe Harbor Statement
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: our inability to obtain additional financing on acceptable terms; risk that our products and services will not gain widespread market acceptance; continued consumer adoption of digital technology; inability to compete with others who provide comparable products; the failure of our technology; the infringement of our technology with proprietary rights of third parties; inability to respond to consumer and technological demands; inability to replace significant customers; seasonal nature of our business; and other risks detailed in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. When used in this document, the words "believe," "expect," "anticipate," "estimate," "project," "plan," "should," "intend," "may," "will," "would," "potential," and similar expressions may be used to identify forward-looking statements.
The CSE or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release that has been prepared by management.
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Listing: OTCQB - Symbol: MMTIF
CSE - Symbol: MRM
Shares issued: 616,090,414
SEC File No: 0-26005
Investor Contact: info@micromeminc.com; Tel. 416-364-2023; Subscribe to receive News Releases by Email on our website's home page: www.micromeminc.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272092
FAQ
What did Micromem (MMTIF) report on October 27, 2025 about its collaboration with University of Toronto?
When will Micromem (MMTIF) meet with NSERC and DRDC to review the program?
What happened to Micromem's NATO DIANA submission in 2025 and what are the next steps?
Is Micromem (MMTIF) engaged in any commercial talks with industry partners?
Does the October 27, 2025 update include financial guidance or earnings for Micromem (MMTIF)?
