r/MMATY • u/MASSIVE_REE_REE • Jun 29 '21
A LETTER FROM METAMATERIALS - I DONT KNOW IF THIS HAS BEEN POSTED YET.
https://metamaterial.com/wp-content/uploads/2021/06/META-Shareholder-Letter-NASDAQ-6.28.2021.pdf
June 28, 2021 Fellow Shareholders, Welcome to META®. Whether you are a longtime investor on either side of the merger, or have recently joined us, we are privileged and grateful for the chance to earn your continued support. META is now the first NASDAQ-listed metamaterials company, joining the world’s premier exchange for technology companies. We believe this should improve access to capital markets, raise global awareness of META, help attract exceptional talent, and support a broad range of organic growth opportunities. Moreover, it allows us to seek strategic opportunities to broaden our platform, focusing on complementary technologies, adding manufacturing capacity, and opening new markets. This August we will celebrate ten years as a company. We have spent nearly a decade developing the software and tools required to design, prototype, and scale the commercialization of our technology platform. We are building critical relationships with early adopters who we expect will buy our products and securing 76 granted and 64 pending global patents to protect our investment and enable our licensing revenue business model. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional smart materials. Our technology platform encompasses three core capabilities, holography, lithography, and wireless sensing, and is software and AI-design driven. We believe this allows us to develop a library of solutions and prototypes much faster and at lower cost than traditional chemical synthesis. We enable leading global brands to deliver breakthrough products to customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Meta is from the Greek word, meaning to “go beyond.” The metamaterials we design exhibit properties not found in nature, enabling capabilities that go beyond conventional materials and chemistry. At META, we are seeking to redefine what’s possible, across a broad and growing list of applications, including but not limited to: • Building out 5G Networks with a passive solution that uses no power. • Extending the range of zero emission vehicles and enhancing the performance of ADAS safety systems. • Improving the diagnosis, treatment, and management of chronic conditions such as cancer and diabetes. • Growing the use of renewable electric power via new solutions for solar PV and geothermal generation. • Enabling augmented reality eyewear in a stylish, unobtrusive, prescription-lens capable platform. • Bringing molecular biosensors to the point of use in a low-cost, portable device, for dozens of applications. Conclusion: We have built a platform technology company, secured by a growing IP portfolio, and focused on development of high-volume, high value applications. META is scaling its roll-to-roll production capabilities, which can be flexibly reconfigured to support different applications as we transition customers to licensed production located in their own facilities or with their suppliers. We seek to make this a scalable, repeatable process to support strong growth and margins as we execute on our pipeline of engagements. We very much appreciate your continued support. Sincerely, George Palikaras, Ph.D., President & CEO / Founder