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Meta Materials Inc's Business Segments
Meta Materials Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
8
Largest Segment
Development revenue
Total Revenue
$ 3
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Development revenue96%
- Contract revenue80%
- Other development revenue16%
- Product sales2.6%
- Canada Product sales1.6%
- Licensing revenue1.4%
- Other countries Product sales0.7%
- Canada Licensing revenue0.7%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Development revenue | $ 3 | 96% |
| Contract revenue | $ 3 | 80% |
| Other development revenue | $ 1 | 16% |
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Revenue by Product & Service Category - FY
- Development96%
- Development revenue96%
- Contract revenue80%
- Other development revenue16%
- Product Sale2.6%
- Product2.6%
- Licensing revenue1.4%
- License1.4%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Development | $ 3 | 96% |
| Development revenue | $ 3 | 96% |
| Contract revenue | $ 3 | 80% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
5 more categories available
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Annual Results
Revenue Share by Reportable Segment - FY
- Development revenue96%
- Contract revenue80%
- Other development revenue16%
- Product sales2.6%
- Canada Product sales1.6%
- Licensing revenue1.4%
- Other countries Product sales0.7%
- Canada Licensing revenue0.7%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Development revenue | $ 3 | 96% |
| Contract revenue | $ 3 | 80% |
| Other development revenue | $ 1 | 16% |
5 more segments available
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Description of Meta Materials Inc
The company has developed an intellectual property portfolio and is currently focusing on commercializing goods with a performance and price point combination that has the potential to disrupt various market sectors. Holography, lithography, and medical wireless sensing are among the platform technologies used by the company. The Companys platform solutions are powered by an underlying methodology that includes innovative materials, metamaterials, and functional surfaces. These materials contain patterned structures that influence light, heat, and electromagnetic waves in novel ways. The Companys sophisticated structural design technology and scalable production processes open the door to a wide range of commercial prospects in aerospace and military, automotive, energy, healthcare, consumer electronics, and data transmission.
Controlling light, heat, electricity, and radio waves have played key roles in technological advancements throughout history. Advances in electrical and electromagnetic technologies, wireless communications, lasers, and computers have all been made possible by challenging the understanding of how light and other types of energy naturally behave, and how it is possible to manipulate them.
Over the past 20 years, techniques for producing nanostructures have matured, resulting in a wide range of groundbreaking solutions that can control light, heat, and electromagnetic waves at very small scales. Some of the areas of advancement that have contributed to these techniques are photonic crystals, nanolithography, plasmonic phenomena and nanoparticle manipulation. From these advances, a new branch of material science has emerged ' metamaterials. Metamaterials are composite structures, consisting of conventional materials such as metals and plastics, which are engineered by scientists to exhibit new or enhanced properties relating to reflection, refraction, diffraction, filtering, conductance and other properties that have the potential for multiple commercial applications.
A metamaterial typically consists of a multitude of structured unit nano-cells that are comprised of multiple individual elements. These are referred to as meta-atoms. The individual elements are usually arranged in periodic patterns that, together, can manipulate light, heat, or electromagnetic waves. Development strategies for metamaterials and functional surfaces focus on structures that produce unusual and exotic electromagnetic properties by manipulating light and other forms of energy in ways that have never been naturally possible. They gain their properties not as much from their composition as from their exactingly designed structures. The precise shape, geometry, size, orientation, and arrangement of these nanostructures affect the light and other electromagnetic waves to create material properties that are not easily achievable with conventional materials.
Controlling light, heat, electricity, and radio waves have played key roles in technological advancements throughout history. Advances in electrical and electromagnetic technologies, wireless communications, lasers, and computers have all been made possible by challenging the understanding of how light and other types of energy naturally behave, and how it is possible to manipulate them.
Over the past 20 years, techniques for producing nanostructures have matured, resulting in a wide range of groundbreaking solutions that can control light, heat, and electromagnetic waves at very small scales. Some of the areas of advancement that have contributed to these techniques are photonic crystals, nanolithography, plasmonic phenomena and nanoparticle manipulation. From these advances, a new branch of material science has emerged ' metamaterials. Metamaterials are composite structures, consisting of conventional materials such as metals and plastics, which are engineered by scientists to exhibit new or enhanced properties relating to reflection, refraction, diffraction, filtering, conductance and other properties that have the potential for multiple commercial applications.
A metamaterial typically consists of a multitude of structured unit nano-cells that are comprised of multiple individual elements. These are referred to as meta-atoms. The individual elements are usually arranged in periodic patterns that, together, can manipulate light, heat, or electromagnetic waves. Development strategies for metamaterials and functional surfaces focus on structures that produce unusual and exotic electromagnetic properties by manipulating light and other forms of energy in ways that have never been naturally possible. They gain their properties not as much from their composition as from their exactingly designed structures. The precise shape, geometry, size, orientation, and arrangement of these nanostructures affect the light and other electromagnetic waves to create material properties that are not easily achievable with conventional materials.
Meta Materials Inc. is a technology company that specializes in advanced materials and nanotechnology. It focuses on developing innovative products that enhance functionalities and address various applications in various industries, including telecommunications, automotive, aerospace, and healthcare. The companys offerings can be broadly categorized into segments, products, and services.
Segments
1. Advanced Materials and Metamaterials
- Meta Materials specializes in developing metamaterials, which are engineered to have properties not found in nature. This segment focuses on creating materials that can manipulate electromagnetic waves, including light, sound, and heat.
2. Optics and Photonics
- The optics and photonics segment includes advanced optical materials designed for applications such as augmented reality (AR), virtual reality (VR), and displays. This segment supports technologies that require precise control of light for improved performance.
3. Energy and Environmental Solutions
- This segment is involved in the development of materials that enhance energy efficiency and provide solutions for clean energy applications. This includes products designed to improve solar panel efficiency and other renewable energy technologies.
4. Aerospace and Defense
- Meta Materials develops advanced materials for aerospace and defense applications, including radar-absorbing materials and lightweight composites that enhance performance while reducing weight.
5. Medical and Healthcare Applications
- The company provides materials for a range of medical applications, including medical devices and imaging technologies. Their innovations aim to improve diagnostics, treatment, and patient outcomes.
6. Telecommunications
- Meta Materials develops advanced products for the telecommunications sector, including materials that enhance signal transmission and reduce interference, improving overall network performance.
Products
1. META Lens
- A revolutionary lightweight lens designed for augmented and virtual reality applications that offers high-resolution imaging and a wide field of view.
2. Barrier Films
- These advanced films are designed to provide protection against gases and moisture, making them suitable for packaging in the pharmaceutical and food industries, enhancing product shelf life.
3. Solar Cell Enhancements
- Products that optimize the performance of solar cells through advanced light management techniques, leading to higher energy conversion efficiencies.
4. Thermal Management Materials
- Materials that provide effective heat dissipation in electronic systems, crucial for improving performance and longevity in various applications, including consumer electronics and automotive systems.
5. Artificial Intelligence Materials
- Materials designed to improve the performance of AI systems through enhanced computational capabilities, particularly in edge computing applications.
6. Wearable Health Technologies
- Innovations in wearable devices that monitor health metrics, integrating advanced materials for better comfort and performance.
Services
1. Research and Development
- Meta Materials offers R&D services for clients looking to explore customized material solutions. They engage in collaborative projects to develop new applications and materials tailored to specific needs.
2. Consultation Services
- The company provides expertise and consultation in metamaterial technologies, helping businesses understand how to implement and benefit from advanced materials in their products.
3. Collaboration and Partnership Programs
- Meta Materials seeks partnerships with academic institutions, research organizations, and other companies to foster innovation in material science and application development.
4. Prototyping and Manufacturing
- The company offers prototyping services to help clients bring their material-based product ideas to life, utilizing advanced manufacturing techniques that ensure scalability and precision.
5. Custom Solutions
- Meta Materials works with clients to create custom solutions that address specific challenges in their industries, tailored to unique operational requirements.
6. Field Testing and Validation
- They provide testing services to validate the performance and effectiveness of their materials and products in real-world applications, ensuring reliability and regulatory compliance.
Meta Materials Inc. continues to expand its portfolio of innovations, reflecting its commitment to harnessing the potential of advanced materials across various industries. As research progresses and new applications are explored, the company aims to remain at the forefront of material science advancements.
Segments
1. Advanced Materials and Metamaterials
- Meta Materials specializes in developing metamaterials, which are engineered to have properties not found in nature. This segment focuses on creating materials that can manipulate electromagnetic waves, including light, sound, and heat.
2. Optics and Photonics
- The optics and photonics segment includes advanced optical materials designed for applications such as augmented reality (AR), virtual reality (VR), and displays. This segment supports technologies that require precise control of light for improved performance.
3. Energy and Environmental Solutions
- This segment is involved in the development of materials that enhance energy efficiency and provide solutions for clean energy applications. This includes products designed to improve solar panel efficiency and other renewable energy technologies.
4. Aerospace and Defense
- Meta Materials develops advanced materials for aerospace and defense applications, including radar-absorbing materials and lightweight composites that enhance performance while reducing weight.
5. Medical and Healthcare Applications
- The company provides materials for a range of medical applications, including medical devices and imaging technologies. Their innovations aim to improve diagnostics, treatment, and patient outcomes.
6. Telecommunications
- Meta Materials develops advanced products for the telecommunications sector, including materials that enhance signal transmission and reduce interference, improving overall network performance.
Products
1. META Lens
- A revolutionary lightweight lens designed for augmented and virtual reality applications that offers high-resolution imaging and a wide field of view.
2. Barrier Films
- These advanced films are designed to provide protection against gases and moisture, making them suitable for packaging in the pharmaceutical and food industries, enhancing product shelf life.
3. Solar Cell Enhancements
- Products that optimize the performance of solar cells through advanced light management techniques, leading to higher energy conversion efficiencies.
4. Thermal Management Materials
- Materials that provide effective heat dissipation in electronic systems, crucial for improving performance and longevity in various applications, including consumer electronics and automotive systems.
5. Artificial Intelligence Materials
- Materials designed to improve the performance of AI systems through enhanced computational capabilities, particularly in edge computing applications.
6. Wearable Health Technologies
- Innovations in wearable devices that monitor health metrics, integrating advanced materials for better comfort and performance.
Services
1. Research and Development
- Meta Materials offers R&D services for clients looking to explore customized material solutions. They engage in collaborative projects to develop new applications and materials tailored to specific needs.
2. Consultation Services
- The company provides expertise and consultation in metamaterial technologies, helping businesses understand how to implement and benefit from advanced materials in their products.
3. Collaboration and Partnership Programs
- Meta Materials seeks partnerships with academic institutions, research organizations, and other companies to foster innovation in material science and application development.
4. Prototyping and Manufacturing
- The company offers prototyping services to help clients bring their material-based product ideas to life, utilizing advanced manufacturing techniques that ensure scalability and precision.
5. Custom Solutions
- Meta Materials works with clients to create custom solutions that address specific challenges in their industries, tailored to unique operational requirements.
6. Field Testing and Validation
- They provide testing services to validate the performance and effectiveness of their materials and products in real-world applications, ensuring reliability and regulatory compliance.
Meta Materials Inc. continues to expand its portfolio of innovations, reflecting its commitment to harnessing the potential of advanced materials across various industries. As research progresses and new applications are explored, the company aims to remain at the forefront of material science advancements.