Metatek-Group Ltd. began trading on the Toronto Stock Exchange on March 19, 2026, marking the first technology initial public offering on the TSX since 2021. The company trades under the symbol MTEK.

Rochefort Asset Management announced the full repayment of its senior secured loan to Metatek, approximately 16 months after providing financing in November 2024. The loan was repaid shortly after the company's IPO closed. Rochefort continues to hold an equity position in Metatek.

Metatek operates gravity gradiometry equipment for airborne subsurface mapping of hydrocarbons, minerals, geothermal energy, and carbon sequestration sites. The company sources its equipment from a defense prime contractor that developed the technology for weapons guidance systems.

The November 2024 loan from Rochefort supported Metatek's acquisition of an additional gravity gradiometry instrument and the aircraft required to operate it. Rochefort is a U.S.-based investment management firm licensed under the Office of Strategic Capital of the U.S. Department of War.

"Metatek exemplifies the opportunity Rochefort was designed to pursue: a global market leader with defensible technology, strategic assets, and a capital structure that called for a creative, experienced lender," said Alex Lemond, Co-Founder of Rochefort Asset Management.

"Rochefort approached our business as a partner from the start, taking the time to understand its complexity, global footprint, and the strategic value of our instrumentation," said Dr. Mark Davies, founder and CEO of Metatek-Group Ltd.

Metatek describes itself as operating proprietary fifth-generation Full Tensor Gravity Gradiometry instruments, providing services to hydrocarbon, mining, carbon sequestration, and natural resources industries globally.