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Cymat Announces Certification by French Armed Forces of Non-lethal Bullets Utilizing Cymat SmartMetal(TM)
Cymat Announces Certification by French Armed Forces of Non-lethal Bullets Utilizing Cymat...
About this update from Cymat Technologies Ltd
[{"type":"text","content":"\n\n\n\nCymat Announces Certification by French Armed Forces of Non-lethal Bullets Utilizing Cymat SmartMetal™\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Nov. 25, 2019\n\n\n\nListing: TSX-VSymbol: CYM\n TORONTO, Nov. 25, 2019 /CNW/ - Cymat Technologies Ltd. (the \"Company\" or \"Cymat\") is pleased to provide an update on the application of Cymat's SmartMetalTM Stabilized Aluminum Foam (SAF) by their customer, Nobel Sport. Nobel Sport is a French-based law enforcement specialty manufacturer of a wide range of ammunition and ancillary products for sport, law enforcement and military customers. \n\n \n \n\n \nCymat has delivered over 38,000 SmartMetalTM cylinders to Nobel Sport to be used in their manufacture of non-lethal bullets, which are safer, more accurate and less harmful compared to current products in the market. These non-lethal bullets were in turn provided to the French Armed Forces for evaluation and testing in 2018. After successful completion of rigorous testing, the French Armed Forces has now certified these non-lethal bullets for active use. Consequently, Nobel Sports anticipates receiving their first commercial-scale order for same from the French Armed Forces imminently.\nNon-lethal bullets are primarily used for crowd control and as a deterrent in both civilian and military situations where less-than-lethal force is determined to be the best course of action. While rubber bullets have traditionally been used in these situations, there have been numerous instances where their use has resulted in serious physical harm and fatalities. As such, there is significant interest by law enforcement agencies and military forces around the world to find a suitable replacement. \nAccording to a recent report, non-lethal ammunition sales exceeded $800 million in 2018 and are expected to reach well in excess of $1 billion by 2023 (Source: https://www.globenewswire.com/news-release/2019/02/19/1734079/0/en/Less-Lethal-Ammunition-Market-Global-Forecast-to-2023-Focus-on-Rubber-Bullets-Bean-Bag-Rounds-Plastic-Bullets-Paint...