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Meta Materials Inc

Meta Materials Inc is a other, founded 2010; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for...

Meta Materials Inc

META® (formerly Metamaterial Inc.) is a developer of high-performance functional materials and nanocomposites for a broad range of applications.

General information

Firm type

other

Year founded

2010

Location

Region

North America

Country

Canada

Corporate office

Canada

Sector focus

Energy Transition & RenewablesIndustrial TechAerospace & DefenseConsumer ElectronicsAutomotive5G CommunicationsMedical

Frequently asked questions

What happened to Meta Materials' Nasdaq listing?

Meta Materials traded on Nasdaq under ticker MMAT before the company entered bankruptcy proceedings in 2024. The firm previously regained compliance with Nasdaq listing requirements in 2023 after a period of non-compliance (per company press releases, 2023).

What technology did Meta Materials develop?

Meta Materials developed NANOWEB, a transparent conductive film for consumer electronics, and solar films that capture light from multiple angles to increase cell efficiency. The company also created anti-counterfeiting features for government documents and currencies, and solutions for EMI shielding, de-icing, and de-fogging in aerospace and defense (per company website).

Who were Meta Materials' key partners?

Meta Materials listed Airbus as a partner, through an investment by Airbus's innovation and technology branch. The company sought partnerships with leading OEMs in consumer electronics, automotive, aerospace, energy, and medical devices. Specific named partners beyond Airbus are not publicly detailed (per company website).

What was Meta Materials' revenue and funding situation near the end?

In 2023, Meta Materials announced a $3.4 million registered direct offering priced at-the-market, and reported preliminary fourth-quarter 2023 results. The company also implemented a workforce reduction. By December 2024, the trustee's attorney confirmed bankruptcy proceedings were ongoing (per company website, 2023–2024).

Is Meta Materials still operational?

As of 2024, Meta Materials is in bankruptcy proceedings. The trustee's attorney announced an extended bar date for shareholders to file proofs of interest, potentially extending through 2025. No current operational status beyond the bankruptcy process has been disclosed (per company website, December 2024).

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