Micromem Technologies MRM.CN · CAD
Information Technology · Canadian Securities Exchange · 🇨🇦 Canada
0.04
0.00%
Close of 9 Nov 2026, in CAD
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About Micromem Technologies
Its shares trade on Canadian Securities Exchange under the ticker MRM.CN. It has been listed since 21 January 2009.
Micromem Technologies, Inc. engages in the development of based upon proprietary technology, customized magnetic sensor applications for companies. The company is headquartered in Toronto, Ontario. The company went IPO on 2009-01-21. The firm operates in development and commercialization efforts with respect to the Company's proprietary sensor applications segment. The firm's sensor technology combines the use of microelectromechanical systems (MEMS) and nanoelectromechanical systems (NEMS) for its sensor platforms. The firm's subsidiaries include Micromem Applied Sensors Technology, Inc. (MAST) and 7070179 Canada Inc. MAST is engaged in the exploitation of the Company's technologies in conjunction with various partners and customers. MAST offers various applications, including radiation-hardened, environmentally robust solutions for Defense; cost effective solutions for consumer-oriented devices; highly sensitive solutions for life science and natural resource applications, and high temperature applications for the automotive industry.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 21 Jan 2009
- Employees
- 6
- Website
- micromeminc.com ↗
Leadership
Pay as last reported
- Mr. Joseph FudaPresident, Chief Executive Officer, Director, since 2002$36,919
- Mr. Dan AmadoriChief Financial Officer$40,904
- Mr. Alex DeyIndependent Director$31,940
- Mr. Oliver NepomucenoIndependent Director$22,044
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Micromem Technologies Inc has a strong reputation in the market, recognized for its innovative and cutting-edge technologies. The company holds several patents and intellectual property rights, providing a competitive advantage. Furthermore, Micromem has a skilled and experienced workforce that contributes to its technological advancements and successful product development.
Weaknesses
- One of the weaknesses that Micromem Technologies Inc faces is its relatively small size compared to some of its competitors, limiting its financial resources and market reach. Additionally, the company heavily relies on a few key customers for a significant portion of its revenue, which poses a risk to its sustainability in case of any changes in those customer relationships.
Opportunities
- Micromem Technologies Inc has the opportunity to capitalize on the growing demand for advanced technology solutions in various industries. The increasing adoption of Internet of Things (IoT) devices, artificial intelligence, and cloud computing opens up new avenues for the company to expand its product offerings and enter untapped markets. Furthermore, strategic partnerships and collaborations with larger organizations can provide access to additional resources and distribution channels.
Threats
- The rapid pace of technological advancements poses a threat to Micromem Technologies Inc. There is a risk of competitors developing similar or superior technologies, potentially diminishing the company's market share. Moreover, regulatory changes or legal disputes related to intellectual property can disrupt the company's operations and market position. Economic downturns and fluctuations in the global market could also impact customer demand and sales.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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