Micromem Technologies ( (TSE:MRM) ) has issued an update.
Micromem Technologies Inc. has finalized a Research Collaboration Agreement with the University of Toronto and the Department of National Defence for the development of a Nanowire Field Effect Transistor Biochemical Sensor. This project aims to create portable, low-cost, and efficient sensors for both civilian and military applications, with potential uses in environmental monitoring, national security, and healthcare. The collaboration is expected to enhance Micromem’s capabilities in constructing measurement systems for various applications, potentially benefiting multiple Canadian industries and contributing to environmental and financial prosperity.
More about Micromem Technologies
Micromem Technologies Inc. is a publicly traded company that specializes in creating innovative applications to meet unmet market needs across various industries, including oil & gas, utilities, automotive, healthcare, government, information technology, and manufacturing. The company leverages its expertise in sophisticated sensor applications to develop and implement game-changing solutions.
YTD Price Performance: 50.0%
Average Trading Volume: 141,921
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$41.02M
For detailed information about MRM stock, go to TipRanks’ Stock Analysis page.