Meta Materials Named to Future 50 Fastest-Growing Sustainable Companies in Canada

HALIFAX, NS / ACCESSWIRE / June 3, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that it has been selected by Corporate Knights Inc. for its inaugural Future 50 Fastest-Growing Sustainable Companies in Canada ranking. Selected from a pool of 5,115 Canadian companies (1,100 public, 4,015 private), the ranking is made up of the fastest-growing 25 publicly traded companies (year-over-year revenue growth %) and the fastest-growing 25 privately owned companies (growth % in capital raised from two most recent funding rounds) whose business activities align with the transition to a global clean energy economy.

"We are proud to be recognized by Corporate Knights for this important new ranking," said George Palikaras, President and CEO. "META designs and manufactures new highly functional materials and devices which use less energy, less materials, and improve supply chains by replacing scarce materials with readily available commodities. Sustainability and breakthrough performance are central to our strategy, which includes targeting key end markets such as solar energy and next generation materials for batteries and thermoelectric generators, and we are expanding production at our facility in Thurso, Quebec, which is powered by 99% clean, renewable hydropower."

Foto: Accesswire

Corporate Knights, a Canadian media and research B Corp committed to advancing a sustainable economy, has been producing global corporate and fund rankings for nearly 20 years. While its flagship ranking profiles the Global 100 Most Sustainable Corporations in the World, the Future 50 Fastest Growing Sustainable Companies in Canada looks to feature emerging companies whose energy and innovation leaves them poised to be the market leaders in the future.

About Meta Materials Inc.

META® delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Our extensive 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. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. Learn more at www.metamaterial.com.