December 29, 2022 (Investorideas.com Newswire) These upcoming events relate to this firm’s efforts to get one or more of its technologies integrated into an existing product and sold commercially, noted a Water Tower Research report.
In 2023 Meta Materials Inc. (MMAT:NASDAQ; MMAX:CSE; MMAT:FSE) is slated to showcase some of its technologies at the Consumer Electronics Show (CES) Jan. 5 to 8, 2023, in Las Vegas, Nev., and is expected to announce its first commercial production contract sometime during the year, reported Graham Mattison, a senior research analyst at Water Tower Research, in a Dec. 19 research note.
Mattison wrote that on the first day of the expo, Meta Materials will participate in ShowStoppers at CES 2023, a presentation of new technologies to the media, industry leaders, and advocates.
During all four days of CES, the Nova Scotia, Canada-based company will host Booth 9417 in the North Hall, where some of its technologies, all of which improve existing products in an important way, will be on exhibit.
Meta Materials will showcase its NANOWEB transparent electromagnetic interference shield installed in the door of a microwave oven.
The company also will demonstrate its NANOWEB heaters for deicing/defogging of advanced driver-assistance systems sensors; its NANOWEB antennas and electrochromic lenses for augmented reality eyewear; its NANOWEB 5G reflector films for managing signal propagation indoors and outdoors; and its NPORE nanocomposite ceramic battery separator.
These collectors, which reduce copper usage and improve safety, will be displayed in the company’s booth and incorporated into the exhibited Project Arrow concept electric vehicle.
Another catalyst to watch for in 2023 is the announcement of Meta Materials’ first technology being commercially incorporated into a product. This would constitute “a major milestone in the company’s growth of commercial revenues,” Mattison wrote.
Water Tower Research purported this technology likely will be NANOWEB for application in microwave oven doors, given several factors. One, this could be brought to the consumer product market quickly. High-end microwaves are an ideal initial target market, given their consumers will be less price-conscious and their manufacturers seek new technology to gain market share. Also, microwave ovens are ideal for the product size Meta Materials can currently produce.
To get an idea of the size of the market for these appliances, Mattison noted, “it is estimated that about 70 million microwaves are sold each year, with the typical replacement being about seven to 10 years.”
Meta Materials is currently trading at about $1.41 per share.
1) Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Meta Materials Inc. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
Disclosures For Water Tower Research, Meta Materials Inc., December 19, 2022
Water Tower Research (“WTR”) is a professional publisher of investment research reports on public companies and, to a lesser extent, private firms (“the Companies”). WTR provides investor-focused content and digital distribution strategies designed to help companies communicate with investors.
WTR is not a registered investment adviser or a broker/dealer nor does WTR provide investment banking services. WTR operates as an exempt investment adviser under the so called “publishers’ exemption” from the definition of investment adviser under Section 202(a)(11) of the Investment Advisers Act of 1940. WTR does not provide investment ratings / recommendations or price targets on the companies it reports on. Readers are advised that the research reports are published and provided solely for informational purposes and should not be construed as an offer to sell or the solicitation of an offer to buy securities or the rendering of investment advice.
The information provided in this report should not be construed in any manner whatsoever as personalized advice. All users and readers of WTR’s reports are cautioned to consult their own independent financial, tax and legal advisors prior to purchasing or selling securities. Graham Mattison, who is the writer of this report, covers the ClimateTech & Sustainable Investing sector for WTR. Mr. Mattison and members of his household have no personal or business-related relationship to the subject company other than providing digital content and any ancillary services WTR may offer.
Unless otherwise indicated, WTR intends to provide continuing coverage of the covered companies. WTR will notify its readers through website postings or other appropriate means if WTR determines to terminate coverage of any of the companies covered. WTR is being compensated for its research by the company which is the subject of this report. WTR may receive up to $14,000 per month [for research and potentially other services] from a given client and is required to have at least a 1-year commitment. None of the earned fees are contingent on, and WTR’s client agreements are not cancellable for the content of its reports. WTR does not accept any compensation in the form of warrants or stock options or other equity instruments that could increase in value based on positive coverage in its reports.
WTR or an affiliate may seek to receive compensation for non-research services to covered companies, such as charges for presenting at sponsored investor conferences, distributing press releases, advising on investor relations and broader corporate communications and public relations strategies as well as performing certain other related services (“Ancillary Services”). The companies that WTR covers in our research are not required to purchase or use Ancillary Services that WTR or an affiliate might offer to clients.
The manner of WTR’s research compensation and Ancillary Services to covered companies raise actual and perceived conflicts of interest. WTR is committed to manage those conflicts to protect its reputation and the objectivity of employees/analysts by adhering to strictly-written compliance guidelines. The views and analyses included in our research reports are based on current public information that we consider to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness, timeliness, or correctness. Neither we nor our analysts, directors, officers, employees, representatives, independent contractors, agents or affiliate shall be liable for any omissions, errors or inaccuracies, regardless of cause, foreseeability or the lack of timeliness of, or any delay or interruptions in the transmission of our reports to content users.
This lack of liability extends to direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, losses, lost income, lost profit or opportunity costs. All investment information contained herein should be independently verified by the reader or user of this report. For additional information, all readers of this report are encouraged to visit WTR’s website www.watertowerresearch.com.
This news is published on the Investorideas.com Newswire – a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com