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The Elmet Group (ELMT) PT Raised to $21 at Canaccord

Mon, 17 Aug 2026 07:11:00 -0400

(Updated - August 17, 2026 7:11 AM EDT)

Canaccord analyst Austin Moeller raised the price target on The Elmet Group (NASDAQ: ELMT) to $21.00 (from $20.00) while maintaining a Buy rating.

The analyst commented: "We are maintaining our BUY rating on ELMT and have raised our PT to $21. Elmet remains well positioned to capitalize on the Pentagon’s prioritization of tactical missile & interceptor production amidst Iran-related munitions shortages and missile defense modernization initiatives (Golden Dome), including the NGI, Patriot, PrSM, Standard Missile, Javelin and Hellfire programs. The company is benefiting from its position as the sole US-based supplier of certain refractory

The Elmet Group (ELMT) PT Raised to $21 at Canaccord

Mon, 17 Aug 2026 07:11:00 -0400

(Updated - August 17, 2026 7:11 AM EDT)

Canaccord analyst Austin Moeller raised the price target on The Elmet Group (NASDAQ: ELMT) to $21.00 (from $20.00) while maintaining a Buy rating.

The Elmet Group Co. (ELMT) Reports Q2 EPS of $0.18

Thu, 13 Aug 2026 16:28:20 -0400

The Elmet Group Co. (NASDAQ: ELMT) reported Q2 EPS of $0.18. Revenue for the quarter came in at $66.4 million.

For earnings history and earnings-related data on The Elmet Group Co. (ELMT) click here.

The Elmet Group Co. Reports Second Quarter 2026 Results

Thu, 13 Aug 2026 08:00:00 -0400

Continued demand acceleration in Aerospace, Defense & Government markets

Revenue increased over 35%, with over 430 basis points of gross profit margin expansion driving adjusted EBITDA increase of 57.9%

Backlog increased by nearly 55% to record level of $132 million

PORTLAND, Maine, Aug. 13, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (“Elmet,” the “Company,” “we,” or “our”) (NASDAQ:ELMT), a U.S.-based provider of precision-engineered components and advanced high-power systems, today reported financial results for its fiscal second quarter ended July 3, 2026.

Second Quarter Fiscal Year

The Elmet Group Co. Reports Second Quarter 2026 Results

Thu, 13 Aug 2026 08:00:00 -0400

Continued demand acceleration in Aerospace, Defense & Government markets

Revenue increased over 35%, with over 430 basis points of gross profit margin expansion driving adjusted EBITDA increase of 57.9%

Backlog increased by nearly 55% to record level of $132 million

PORTLAND, Maine, Aug. 13, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (“Elmet,” the “Company,” “we,” or “our”) (NASDAQ:ELMT), a U.S.-based provider of precision-engineered components and advanced high-power systems, today reported financial results for its fiscal second quarter ended July 3, 2026.

Second Quarter Fiscal Year

Elmet Technologies to use 3D Systems printer for hypersonic parts

Mon, 27 Jul 2026 07:31:23 -0400

Elmet Technologies, a wholly owned subsidiary of The Elmet Group (Nasdaq: ELMT), is deploying a DMP Flex 350 Triple metal additive manufacturing machine from 3D Systems (NYSE: DDD) to produce aerospace parts for hypersonic vehicles, according to a press release from 3D Systems.
The machine uses laser powder bed fusion technology and will process C103, a niobium-based alloy containing hafnium and titanium designed for high-temperature aerospace applications. Elmet Technologies worked with 3D Systems' Application Innovation Group over eight years to develop processing parameters for the C103 material.
The DMP Flex 350 Triple supports a 350 x 350 x 350 mm build volume

Elmet Technologies to use 3D Systems printer for hypersonic parts

Mon, 27 Jul 2026 07:31:23 -0400

Elmet Technologies, a wholly owned subsidiary of The Elmet Group (Nasdaq: ELMT), is deploying a DMP Flex 350 Triple metal additive manufacturing machine from 3D Systems (NYSE: DDD) to produce aerospace parts for hypersonic vehicles, according to a press release from 3D Systems.
The machine uses laser powder bed fusion technology and will process C103, a niobium-based alloy containing hafnium and titanium designed for high-temperature aerospace applications. Elmet Technologies worked with 3D Systems' Application Innovation Group over eight years to develop processing parameters for the C103 material.
The DMP Flex 350 Triple supports a 350 x 350 x 350 mm build volume

US Defense Manufacturer, Elmet Technologies, to Streamline Supply Chain for Rapid Production of Hypersonic Vehicle Parts with 3D Systems DMP Flex 350 Triple

Mon, 27 Jul 2026 07:30:00 -0400

Made advancements for C103 material with 3D Systems AIG Group
Expects fast qualification and certification of machines and materials
Focuses on a fast, streamlined domestic supply chain

ROCK HILL, S.C., July 27, 2026 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE: DDD) announced that Elmet Technologies, a wholly owned subsidiary of The Elmet Group (Nasdaq: ELMT) (“Elmet”), is deploying the DMP Flex 350 Triple metal additive manufacturing machine (laser powder bed fusion) for the rapid production of advanced aerospace parts for hypersonic vehicles. Utilizing a high-performance C103 material, the Elmet team expects

US Defense Manufacturer, Elmet Technologies, to Streamline Supply Chain for Rapid Production of Hypersonic Vehicle Parts with 3D Systems DMP Flex 350 Triple

Mon, 27 Jul 2026 07:30:00 -0400

Made advancements for C103 material with 3D Systems AIG Group
Expects fast qualification and certification of machines and materials
Focuses on a fast, streamlined domestic supply chain

ROCK HILL, S.C., July 27, 2026 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE: DDD) announced that Elmet Technologies, a wholly owned subsidiary of The Elmet Group (Nasdaq: ELMT) (“Elmet”), is deploying the DMP Flex 350 Triple metal additive manufacturing machine (laser powder bed fusion) for the rapid production of advanced aerospace parts for hypersonic vehicles. Utilizing a high-performance C103 material, the Elmet team expects

US Defense Manufacturer, Elmet Technologies, to Streamline Supply Chain for Rapid Production of Hypersonic Vehicle Parts with 3D Systems DMP Flex 350 Triple

Mon, 27 Jul 2026 07:30:00 -0400

Made advancements for C103 material with 3D Systems AIG Group
Expects fast qualification and certification of machines and materials
Focuses on a fast, streamlined domestic supply chain

ROCK HILL, S.C., July 27, 2026 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE: DDD) announced that Elmet Technologies, a wholly owned subsidiary of The Elmet Group (Nasdaq: ELMT) (“Elmet”), is deploying the DMP Flex 350 Triple metal additive manufacturing machine (laser powder bed fusion) for the rapid production of advanced aerospace parts for hypersonic vehicles. Utilizing a high-performance C103 material, the Elmet team expects

US Defense Manufacturer, Elmet Technologies, to Streamline Supply Chain for Rapid Production of Hypersonic Vehicle Parts with 3D Systems DMP Flex 350 Triple

Mon, 27 Jul 2026 07:30:00 -0400

Made advancements for C103 material with 3D Systems AIG Group
Expects fast qualification and certification of machines and materials
Focuses on a fast, streamlined domestic supply chain

ROCK HILL, S.C., July 27, 2026 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE: DDD) announced that Elmet Technologies, a wholly owned subsidiary of The Elmet Group (Nasdaq: ELMT) (“Elmet”), is deploying the DMP Flex 350 Triple metal additive manufacturing machine (laser powder bed fusion) for the rapid production of advanced aerospace parts for hypersonic vehicles. Utilizing a high-performance C103 material, the Elmet team expects

Elmet Group raises stake in EQ Resources to 23.6 million shares

Thu, 25 Jun 2026 16:06:05 -0400

The Elmet Group Co. (Nasdaq: ELMT) has exercised an option to purchase 20 million ordinary shares of EQ Resources Limited, a tungsten producer with operations in Australia and Spain, bringing its total holdings in the company to 23,652,634 ordinary shares.
The share purchase follows a 2024 agreement in which Elmet entered a mutually renewable five-year offtake contract with EQ Resources for tungsten concentrate from the Saloro mine in Barruecopardo, Spain. Under that agreement, Elmet committed to purchase tungsten concentrate with an estimated value of A$30 million over five years and secured the offtake allocation through an advance payment of A$2 million.
CEO

Elmet Group raises stake in EQ Resources to 23.6 million shares

Thu, 25 Jun 2026 16:06:05 -0400

The Elmet Group Co. (Nasdaq: ELMT) has exercised an option to purchase 20 million ordinary shares of EQ Resources Limited, a tungsten producer with operations in Australia and Spain, bringing its total holdings in the company to 23,652,634 ordinary shares.
The share purchase follows a 2024 agreement in which Elmet entered a mutually renewable five-year offtake contract with EQ Resources for tungsten concentrate from the Saloro mine in Barruecopardo, Spain. Under that agreement, Elmet committed to purchase tungsten concentrate with an estimated value of A$30 million over five years and secured the offtake allocation through an advance payment of A$2 million.
CEO

The Elmet Group Co. Increases Ownership in EQ Resources Limited, Furthering its Investment in Critical Tungsten Supply Chain

Thu, 25 Jun 2026 16:05:00 -0400

PORTLAND, Maine, June 25, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (Nasdaq: ELMT) (“Elmet” or the “Company”), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced it has exercised its option to purchase 20 million ordinary shares of EQ Resources Limited (“EQR”), a global tungsten producer with operations in Australia and Spain, as part of a previously announced strategic collaboration and long-term offtake contract between the two companies.

Through this collaboration, Elmet and EQR have leveraged their respective experience and expertise in mining, minerals processing,

The Elmet Group Co. Increases Ownership in EQ Resources Limited, Furthering its Investment in Critical Tungsten Supply Chain

Thu, 25 Jun 2026 16:05:00 -0400

PORTLAND, Maine, June 25, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (Nasdaq: ELMT) (“Elmet” or the “Company”), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced it has exercised its option to purchase 20 million ordinary shares of EQ Resources Limited (“EQR”), a global tungsten producer with operations in Australia and Spain, as part of a previously announced strategic collaboration and long-term offtake contract between the two companies.

Through this collaboration, Elmet and EQR have leveraged their respective experience and expertise in mining, minerals processing,

Elmet Group to join Russell 3000 and Russell Microcap indexes

Tue, 23 Jun 2026 08:30:08 -0400

The Elmet Group Co. (Nasdaq: ELMT), a U.S.-based provider of precision-engineered components and high-energy systems, is set to join the Russell 3000® and Russell Microcap® Indexes effective after U.S. markets open on June 26, 2026, following the annual Russell indexes reconstitution.

The company's inclusion was based on a preliminary list of additions posted last month by FTSE Russell. The annual June reconstitution ranks up to 4,000 of the largest U.S. stocks by total market capitalization as of April 30 each year.

Membership in the Russell 3000® Index also means automatic inclusion in either the large-cap Russell 1000® Index or the small-cap Russell

The Elmet Group Co. Set to Join Russell 3000® and Russell Microcap® Indexes

Tue, 23 Jun 2026 08:30:00 -0400

PORTLAND, Maine, June 23, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (Nasdaq: ELMT) ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, is set to join the broad-market Russell 3000^® and Russell Microcap^® Indexes at the conclusion of the 2026 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2026, according to a preliminary list of additions posted last month.

The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30 of each year, ranking

The Elmet Group Co. Set to Join Russell 3000® and Russell Microcap® Indexes

Tue, 23 Jun 2026 08:30:00 -0400

PORTLAND, Maine, June 23, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (Nasdaq: ELMT) ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, is set to join the broad-market Russell 3000^® and Russell Microcap^® Indexes at the conclusion of the 2026 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2026, according to a preliminary list of additions posted last month.

The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30 of each year, ranking

Form 4 Elmet Group Co. For: Jun 02 Filed by: Miklos Mark

Wed, 10 Jun 2026 16:05:00 -0400
si-local-file:///var/storage/secattach/20260610/26629828.html

Elmet Technologies receives $4.3M defense contract for molybdenum parts

Tue, 09 Jun 2026 08:30:17 -0400

Elmet Technologies, a subsidiary of The Elmet Group Co. (NASDAQ: ELMT), received a $4.3 million contract from the United States Department of Defense to develop molybdenum components for defense programs.

The contract will fund manufacturing capacity improvements including precision machining, production automation, additive manufacturing, material feeding, post-processing equipment, and inspection systems at the Lewiston, Maine-based company.

The funding aims to support domestic manufacturing of refractory metal components, specifically molybdenum-based products used in defense interceptor programs. The contract is designed to meet projected long-term demand for these specialized components.

"This award directly supports our mission of securing the critical materials and components supply chain

Elmet Technologies Awarded $4.3 Million Contract from United States Department of War

Tue, 09 Jun 2026 08:30:00 -0400

Contract to Accelerate Development of Molybdenum Components for Critical Defense Programs
LEWISTON, Maine, June 09, 2026 (GLOBE NEWSWIRE) -- Elmet Technologies, a wholly-owned subsidiary of The Elmet Group Co. (“Elmet,” the “Company”) (NASDAQ: ELMT), the sole U.S.-owned and vertically integrated tungsten and molybdenum manufacturer, today announced it has secured strategic funding of $4.3 million in support of a government contract award to develop and advance domestic manufacturing capabilities for molybdenum-based products and refractory metal components utilized in critical defense programs.

The contract award is expected to enhance Elmet Technologies’ capacity and capabilities related to precision

Elmet Technologies Awarded $4.3 Million Contract from United States Department of War

Tue, 09 Jun 2026 08:30:00 -0400

Contract to Accelerate Development of Molybdenum Components for Critical Defense Programs
LEWISTON, Maine, June 09, 2026 (GLOBE NEWSWIRE) -- Elmet Technologies, a wholly-owned subsidiary of The Elmet Group Co. (“Elmet,” the “Company”) (NASDAQ: ELMT), the sole U.S.-owned and vertically integrated tungsten and molybdenum manufacturer, today announced it has secured strategic funding of $4.3 million in support of a government contract award to develop and advance domestic manufacturing capabilities for molybdenum-based products and refractory metal components utilized in critical defense programs.

The contract award is expected to enhance Elmet Technologies’ capacity and capabilities related to precision

Elmet Technologies Awarded $4.3 Million Contract from United States Department of War

Tue, 09 Jun 2026 08:30:00 -0400

Contract to Accelerate Development of Molybdenum Components for Critical Defense Programs
LEWISTON, Maine, June 09, 2026 (GLOBE NEWSWIRE) -- Elmet Technologies, a wholly-owned subsidiary of The Elmet Group Co. (“Elmet,” the “Company”) (NASDAQ: ELMT), the sole U.S.-owned and vertically integrated tungsten and molybdenum manufacturer, today announced it has secured strategic funding of $4.3 million in support of a government contract award to develop and advance domestic manufacturing capabilities for molybdenum-based products and refractory metal components utilized in critical defense programs.

The contract award is expected to enhance Elmet Technologies’ capacity and capabilities related to precision

Elmet Technologies Awarded $4.3 Million Contract from United States Department of War

Tue, 09 Jun 2026 08:30:00 -0400

Contract to Accelerate Development of Molybdenum Components for Critical Defense Programs
LEWISTON, Maine, June 09, 2026 (GLOBE NEWSWIRE) -- Elmet Technologies, a wholly-owned subsidiary of The Elmet Group Co. (“Elmet,” the “Company”) (NASDAQ: ELMT), the sole U.S.-owned and vertically integrated tungsten and molybdenum manufacturer, today announced it has secured strategic funding of $4.3 million in support of a government contract award to develop and advance domestic manufacturing capabilities for molybdenum-based products and refractory metal components utilized in critical defense programs.

The contract award is expected to enhance Elmet Technologies’ capacity and capabilities related to precision

Microwave Techniques licenses arc detection technology from Brookhaven lab

Tue, 02 Jun 2026 08:33:20 -0400

Microwave Techniques, a subsidiary of The Elmet Group Co. (NASDAQ: ELMT), entered into a licensing agreement with Brookhaven Science Associates for the ARC Sentry arc detector technology, the company announced.
The agreement grants Microwave Techniques a non-exclusive copyright license to manufacture and commercialize the ARC Sentry system, which was originally developed for the National Synchrotron Light Source II at Brookhaven National Laboratory.
The ARC Sentry platform detects optical evidence of arc propagation in high-power RF environments and issues an interlock signal to prevent hardware damage. The system can identify an arc and trigger a protective shutdown in less than 3 microseconds.
The technology