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

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.

GlobeNewsWire • Jun 25, 2026

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

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.

GlobeNewsWire • Jun 23, 2026

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

Contract to Accelerate Development of Molybdenum Components for Critical Defense Programs Contract to Accelerate Development of Molybdenum Components for Critical Defense Programs

GlobeNewsWire • Jun 9, 2026

Microwave Techniques, a Wholly Owned Subsidiary of The Elmet Group Co., Licenses ARC Sentry Detection Technology from Brookhaven National Laboratory

GORHAM, Maine, June 02, 2026 (GLOBE NEWSWIRE) -- Microwave Techniques, an innovative manufacturer of high-power microwave components and RF solutions, and wholly-owned subsidiary of The Elmet Group Co. (NASDAQ: ELMT), today announced it has entered into a definitive license agreement with Brookhaven Science Associates (BSA), operator of Brookhaven National Laboratory (BNL), for the ARC Sentry arc detector technology. The agreement grants Microwave Techniques a non-exclusive copyright license to manufacture and commercialize the ARC Sentry system.

GlobeNewsWire • Jun 2, 2026

Elmet Group Q1 Earnings Call Highlights

Elmet Group NASDAQ: ELMT reported higher first-quarter revenue and profit metrics in its first earnings call as a public company, with management pointing to growth in aerospace, defense and government demand, rising tungsten prices and a record backlog as key themes shaping the business.

MarketBeat • May 29, 2026

The Elmet Group Co. Reports First Quarter 2026 Results

Demand accelerating in Aerospace, Defense & Government markets Successfully completed an upsized IPO, raising $125.5 million in net proceeds in Q2 Revenue increased nearly 21%, with over 250 basis points of gross profit margin expansion driving adjusted EBITDA increase of 106% Backlog increased by nearly 52% to record level of $113 million PORTLAND, Maine, May 29, 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 first quarter ended April 3, 2026.

GlobeNewsWire • May 29, 2026

The Elmet Group Co. to Ring Nasdaq Closing Bell on Friday, May 29, 2026

PORTLAND, Maine, May 26, 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, will ring the Nasdaq Closing Bell on Friday, May 29, 2026, in recognition of its recent initial public offering.

GlobeNewsWire • May 26, 2026

The Elmet Group Co. Schedules First Quarter 2026 Earnings Call

PORTLAND, Maine, May 20, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co . ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, will hold a conference call and webcast on Friday, May 29, 2026 at 9:00 a.m. Eastern Time to discuss its financial results for the quarter ended April 3, 2026. A press release with additional information will be issued prior to the call.

GlobeNewsWire • May 20, 2026

U.S. IPO Weekly Recap: Nuclear Tech, Critical Materials, And More In A 4 IPO Week

Four IPOs priced this past week, featuring nuclear tech, critical materials, real estate, and convenience stores. One IPO is currently scheduled for the week ahead, joined by Bill Ackman's Pershing Square deals. Street research is expected for one company in the week ahead, and two lock-up periods will be expiring.

Seeking Alpha • Apr 25, 2026

The Elmet Group Co. Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

PORTLAND, Maine, April 24, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co . ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced the closing of its upsized initial public offering of an aggregate of approximately 9.9 million shares of its common stock, including the full exercise by the underwriters of their overallotment option to purchase approximately 1.3 million shares, at a public offering price of $14.00 per share. The aggregate net proceeds to Elmet from the offering were $125.5 million after deducting underwriting discounts and commissions and other offering expenses payable by Elmet. The shares began trading on the Nasdaq Capital Market on April 23, 2026 under the ticker symbol “ELMT.”

GlobeNewsWire • Apr 24, 2026