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MMAT stock is up 8.5% as of Monday morning. That’s closing in on its daily average trading volume of about 6.8 million shares. This has some 4.3 million shares on the move as of this writing. MMAT stock is seeing a good bit of movement on Monday following news of the deal. If you are an educator, content developer, or potential partner with an interest in shaping the future of learning, let’s stay connected. Additional resources Learn more and stay connected. That’s important given that the company expects the battery materials market to grow from $16.7 billion in 2022 to $31.7 billion by 2026. Meta Quest 2 afforded teens, all over the world, the opportunity to collaborate and create with each other in virtual spaces. Meta Materials investors could benefit from this news, as it shows the company’s strength in the battery market. Steve Carlson, who has spent two decades pioneering technologies to make batteries safer, partnering with one of the top battery OEMs in the world to jointly develop and adapt NPORE® as a separator solution.” What This Means for MMAT Stock “We are excited to see our battery team led by Dr. George Palikaras, President and CEO of Meta Materials, said the following about the news: They allow for separation with less of a chance of battery failure as compared to plastic separators. These are free-standing, flexible separators made with ceramic nanomaterial. This has the company agreeing to supply a top-10 global original equipment manufacturer (OEM) with its NPORE battery separator materials. Our Nanoweb product solves that by providing the user clear visibility while still protecting against harmful radiation.Meta Materials (NASDAQ: MMAT) stock is climbing higher on Monday after the company signed a new battery agreement. “Every year, over 70 million microwaves are sold worldwide and one of the biggest challenges is you cannot see clearly what is cooking inside. “At Meta, we don’t design innovative products, we create solutions to complex problems while improving performance,” said Meta Materials founder and CEO George Palikaras. The company’s transparent shielding film, called Nanoweb, has been recognized by the Consumer Technology Association. The opening caps a week for Meta Materials in which it also won an innovation award and another for its clean technologies. Meta Materials officially opened a state-of-the-art headquarters in Dartmouth that, according to a news release, will be home to some of the world's leading scientists in metamaterials, advanced manufacturing and nano-photonics. The company says its new facility will offer a one-stop shop in augmented reality, automotive heads-up displays and electro-optics.Īn example of one of the products Meta Materials makes is demonstrated at a news conference Thursday. Scientists in Dartmouth will work in metamaterials, advanced manufacturing and nano-photonics. The 68,000-square-foot facility is the company’s 10th office in four countries, and its 230 employees speak 42 languages. After 11 months of construction and 10 mergers and acquisitions, Meta Materials opened its new global headquarters in Dartmouth on Thursday.
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