This is a preliminary, non-binding development with no revenue commitment. Monitor for any subsequent DND procurement announcements or contract awards. The stock may see speculative interest given the defence angle, but the lack of concrete orders limits fundamental impact.
Price Chart
Executive Summary
Micromem announced that discussions with the Canadian Department of National Defence (DND) have progressed toward unit-level commercialization and deployment planning for its wearable sensing platform. The DND has requested preliminary per-unit costing models and commercialization framework materials, but no purchase order, contract, or revenue commitment has been disclosed.
Key Facts
- Discussions with DND have advanced under an existing collaborative research agreement with the University of Toronto.
- DND requested preliminary per-unit costing models and commercialization framework materials.
- No purchase order, contract, or revenue has been announced.
- Shares outstanding: 639,699,645.
- No financial figures or guidance were provided in the filing.
Financial Impact
No financial impact disclosed; discussions remain at the costing-model stage with no committed revenue.
Risk Factors
- No guarantee of future procurement or commercialization.
- Company has a history of dilutive financings and negative historical returns per prior reports.
- Forward-looking statements caution about inability to obtain financing and lack of market acceptance.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001062993-26-002949 |
| Document: form6k.htm | 0001062993-26-002949 |
| Document: 0001062993-26-002949-index-headers.html | 0001062993-26-002949 |
| Document: 0001062993-26-002949-index.html | 0001062993-26-002949 |
| Document: 0001062993-26-002949.txt | 0001062993-26-002949 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 6-K | $0.0100 | awaiting T+60 | — | $0.010000 (−0.00%) |
Jun 29, 2026 17w ago | 6-K | $0.0200 $0.0200 | · 0.00% | ▲ +3.05% | $0.010000 (+50.00%) |
Jun 23, 2026 17w ago | 6-K | $0.0200 $0.0147 | ▼ −26.50% | ▼ −29.79% | $0.010000 (−50.00%) |
Jun 1, 2026 21w ago | 6-K | $0.0100 $0.0118 | ▲ +18.00% | ▲ +16.88% | $0.010000 (−0.00%) |
May 19, 2026 22w ago | 6-K | $0.0200 $0.0120 | ▼ −40.00% | ▼ −45.00% | $0.010000 (−50.00%) |
May 11, 2026 24w ago | 6-K | $0.0200 $0.0174 | ▼ −13.00% | ▼ −17.38% | $0.010000 (−50.00%) |
Mar 30, 2026 30w ago | 6-K | $0.0200 $0.0200 | · 0.00% | ▼ −12.38% | $0.010000 (−50.00%) |
US Market Status
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