Welcome to our dedicated page for Micromen Tech news (Ticker: MMTIF), a resource for investors and traders seeking the latest updates and insights on Micromen Tech stock.
Micromem Technologies Inc. (OTCQB: MMTIF; CSE: MRM) is a publicly traded company that develops and commercializes advanced sensor solutions using proprietary nanotechnology. The news flow around Micromem centers on technology milestones, research collaborations, financing activities, and regulatory disclosures, giving investors and observers insight into the company’s progress in sensor development and commercialization.
Recent news releases highlight Micromem’s work on nanowire-based gas and liquid-phase biochemical sensor platforms. The company has reported advances in high-sensitivity gas detection using multi-nanowire sensing arrays with tunable amplification, as well as liquid-phase sensors engineered to detect disease-associated biomarkers at very low concentrations. These updates often describe how the technology is fabricated using standard photolithography processes and how it may be adapted to industrial, environmental, and biomedical applications.
Micromem’s news also covers its collaboration with the University of Toronto and the Department of National Defence on nanowire field-effect transistor biochemical sensors. The company provides updates on the status of this collaboration, related research, and potential applications in defense, environmental monitoring, and diagnostic tools.
In addition to technology and collaboration updates, Micromem issues news about non-brokered private placements, including the terms of units, warrants, and intended use of proceeds for working capital. Regulatory and disclosure-related items, such as the filing of Form 20-F and Form 6-K with the U.S. Securities and Exchange Commission and filings on SEDAR+, are also communicated through news releases. Readers following Micromem’s news can track developments in its sensor platforms, research partnerships, financing transactions, and key regulatory filings over time.
Micromem Technologies (MMTIF) has announced progress in its strategic collaboration with the University of Toronto and the Canadian Department of National Defence for advancing nanowire sensor technology. The partnership, established in March 2025, focuses on developing highly sensitive detection capabilities at the micro-electron level, particularly for biochemical agent detection in defense applications.
The breakthrough technology enables direct observation of charge responses at micro-electron levels, with potential commercial applications in airborne contaminant monitoring, environmental sensing, and biomedical diagnostics. The University of Toronto contributes over a decade of peer-reviewed research in nanoscale charge transport and single-molecule sensor development, while Micromem focuses on commercialization pathways.
Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) has finalized a Research Collaboration Agreement with the University of Toronto and Department of National Defence for developing nanowire biochemical sensors. The project, led by Professor Ruda, builds on two years of promising developments in cutting-edge military and industrial sensor technology.
The Alliance-DND program aims to create miniaturized, low-cost, efficient, and selective sensors based on InAs nanowires for both civilian and military applications. The technology has already demonstrated success in detecting ethanol vapor at the single-molecule level.
Key applications include:
- Border monitoring for fentanyl and illegal substances
- Environmental monitoring (NH2, CO2, H2S)
- Detection of chemical warfare agents
- Biomarker and disease detection
- Drug screening and DNA sequencing
Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) has announced a new collaboration with the University of Toronto, Defense Research and Development Canada (DRDC), and the Natural Sciences and Engineering Research Council of Canada (NSERC) to develop advanced biochemical sensors technology. The project, which began in 2023 at the University of Toronto, has already made significant progress in developing artificial intelligence and machine learning capabilities.
The company will receive an exclusive worldwide license to all intellectual property and patents created through the project, which targets both military and commercial applications. NSERC is providing partial funding for the initiative. The project team is led by Doctor Harry Ruda, who previously collaborated with Micromem on a white paper report for Chevron. This new venture expands Micromem's technological capabilities, particularly in detecting environmental contaminants across military and commercial sectors.
Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) has submitted a white paper to Chevron titled 'Sensors for Water Contamination Monitoring in Oil Wells and Flood Zones.' The report, authored by Professor Harry E. Ruda from the University of Toronto, details innovative sensor technology for monitoring water contamination.
The white paper explores existing technologies for measuring contamination in water and atmosphere, particularly in flood zones, and proposes solutions for wastewater contamination monitoring. The technology integrates sensors with Artificial Intelligence (AI) and Machine Learning (ML) capabilities to enhance monitoring precision.
The company is currently evaluating drone-based applications equipped with sensors as an early practical use case. Micromem anticipates generating potential revenues from this initiative starting in summer 2025.
Micromem Technologies (CSE: MRM, OTCQB: MMTIF) has completed a non-brokered private placement, raising C$255,000 through the issuance of 5,100,000 units at C$0.05 per unit. Each unit consists of one common share and one warrant, exercisable at C$0.05 for three years.
Additionally, the company settled outstanding debenture debt of C$150,000 by issuing 3,000,000 units under the same terms. The combined transactions resulted in the issuance of 8,100,000 common shares and 8,100,000 warrants. No insiders participated in either transaction.
The proceeds will be used for working capital. All securities are subject to a four-month hold period and final closing is pending CSE approval.
Micromem Technologies announces the arrival of its ARTRA unit in Toronto for field trials in the natural gas industry. The unit will serve as the foundation for a second configuration: a well-mounted, fully automated unit specifically designed for gas wells. The company's contracted engineer will modify and implement an automated sampler system, previously designed by Chevron, enabling precise fluid sampling and tracer testing capabilities.
Before shipping to its European client for inspection and certification, the company will conduct demonstrations for engineers representing potential clients. Following the review, Micromem expects to announce a timeline for subsequent phases.
Micromem Technologies announces its ARTRA unit is ready for field trials in the natural gas industry. The unit is being transported to Toronto for review before European certification by the client. The company is developing a second configuration - a well-mounted automated unit for gas wells. Market potential includes over 12,000 gas wells in Europe and potentially 100,000+ wells globally. The next development phase involves integrating an automated sampler with the ARTRA unit, with installation projected for Q1 2025.
Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) has announced an update on its ARTRA unit for field testing. The company's contracted engineering affiliate has informed that the unit will be ready for shipment during the week of October 14th. This marks a significant milestone as it is the first ARTRA field unit prepared for a client other than Chevron.
Additionally, Micromem has secured access to an engineering patent for an automated sampler system previously filed by Chevron. The company is now set to begin work on a 'Configuration 2' device, which will be a well-mounted system capable of automated well sample collection in real-time for natural gas wells. Once completed, this new device is expected to provide new marketing opportunities for the company.
Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) has announced an update following a meeting with Chevron representatives in Houston on September 25th. The company has secured access to Chevron's automated sampler system for tracer testing, which is important for Micromem's ARTRA device in well-mounted systems. Notably, Micromem will not pay any fees for using the system, and any intellectual property generated will remain with the company.
Chevron will introduce Micromem to the system's designer, allowing for potential modifications for use with third parties. This access is expected to save Micromem significant time and expenses in developing sampler systems for future projects. In return, Micromem will provide modified sampler designs to Chevron for their testing and potential future use.
Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) has closed a non-brokered private placement, raising gross proceeds of approximately C$354,973 by issuing 11,832,420 units at C$0.03 per unit. Each unit consists of one common share and one warrant exercisable at C$0.05 for three years. The company paid a finder's fee of about $5,611 in cash. Additionally, Micromem settled indebtedness of C$40,000 with its legal counsel by issuing 1,333,333 units at C$0.03 per unit. In total, the company issued 13,165,753 common shares and 13,165,753 warrants. The proceeds will be used for working capital, and the closing is subject to certain conditions and approvals.