They were proven to increase the transmissibility of normally weak glucose signals by 240%. Its metamaterial films were an integral part of the project. Meta Materials led the project through its wholly-owned subsidiary, META. The company announced the conclusion of a 27-month project on July 6 that aims to commercialize a jointly-developed, non-invasive, glucose-sensing prototype.
When it completed the business combination with Torchlight Energy Resources the accompanying press release noted that it would discuss recent events and future growth initiatives on July 6. It is apparent that it is attempting to further establish its position within health and wellness in particular. Meta Materials technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Ostensibly that cash will be directed toward materials development alone since its newly purchased oil assets are being sold.īased on those assumptions, is MMAT stock worth establishing a position in? A Closer Look at TRCH Stock As a result of the combination, it has $160 million in cash with nearly zero debt. The focal point moving forward for potential investors is whether Meta Materials makes sense as an investment. 7 High-Quality Stocks to Buy That Are Trading Below Fair Value
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