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Meta Materials to Showcase Wide Area Motion Imagery System at Dubai Air Show

VLEPSIS® technology expected to be the world's first commercially available multi-gigapixel WAMI system

HALIFAX, NS / ACCESSWIRE / November 8, 2023 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, will be showcasing its VLEPSIS® airborne EO wide-area motion imagery (WAMI) system at the Dubai Air Show, November 13-17, 2023.

The VLEPSIS platform WAMI system provides large area video coverage of tens to a hundred square kilometers, with sufficient resolution to discern vehicles and people-sized objects. Onboard computer hardware and software allow for 50+ simultaneous live video streams throughout the observational area with AI-based multi-object tracking and DVR-like analytical capability. What differentiates VLEPSIS technology is its state-of-the-art optical sensors and processors coupled with AI-enabled software at the sensor edge to support automation for independent and simultaneous users. Weighing less than 20 kilograms, the sensor system payload is small, light, and sufficiently low-powered to be deployed on helicopters, fixed wing aircraft, and Group 3 UAS platforms.

"VLEPSIS technology promises to fill an important gap in overhead observation, providing persistent, wide-area, real-time, high-resolution, multi-object coverage that is unavailable from other types of overhead imaging platforms," said Dr. David Chester, Vice President, Systems Engineering at META.

VLEPSIS systems address multi-billion-dollar defense and commercial markets: intelligence, surveillance, and reconnaissance (ISR), and optical persistent surveillance. This airborne WAMI system supports multiple traditional security applications such as large-area surveillance, border monitoring, port security, and search and rescue. Moreover, the small size and low price point will allow penetration of data-oriented commercial markets and applications like smart city sensing, autonomous traffic management, and novel consumer uses.

"Wide area motion imagery is one of our strategic focus areas, and VLEPSIS technology is truly a feat of system engineering and integration, outpacing competitors in both performance and cost," said Uzi Sasson, CEO of META.

META will be taking pre-orders for the VLEPSIS WAMI sensor system, starting in 2024.

About Meta Materials Inc.

Meta Materials Inc. (META) is an advanced materials and nanotechnology company. We develop new products and technologies using innovative sustainable science. Advanced materials can improve everyday products that surround us, making them smarter and more sustainable. META® technology platforms enable global brands to develop new products to improve performance for customers in aerospace and defense, consumer electronics, 5G communications, batteries, authentication, automotive and clean energy. Learn more at

Media and Investor Inquiries

Rob Stone
Vice President, Corporate Development and Communications
Meta Materials Inc.

Forward Looking Information

This press release includes forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, regarding the Company, which may include, but are not limited to, statements with respect to the business strategies, product development, restructuring plans and operational activities of the Company. Often but not always, forward-looking information can be identified by the use of words such as "pursuing", "potential", "predicts", "projects", "seeks", "plans", "expect", "intends", "anticipated", "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would" or "will" be taken, occur or be achieved. Such statements are based on the current expectations and views of future events of the management of the Company and are based on assumptions and subject to risks and uncertainties. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, the capabilities of our facilities, research and development projects of the Company, the total available market and market potential of the products of the Company, the market position of the Company, the need to raise more capital and the ability to do so, the scalability of the Company's production ability, capacity for new customer engagements, material selection programs timeframes, the ability to reduce production costs, enhance metamaterials manufacturing capabilities and extend market reach into new applications and industries, the ability to accelerate commercialization plans, the possibility of new customer contracts, the continued engagement of our employees, the technology industry, market strategic and operational activities, and management's ability to manage and operate the business. More details about these and other risks that may impact the Company's businesses are described under the heading "Forward-Looking Information" and under the heading "Risk Factors" in the Company's Form 10-K filed with the SEC on March 23, 2023, in the Company's Form 10-K/A filed with the SEC on March 24, 2023, in the Company's Form 10-Q filed with the SEC on August 9, 2023, and in subsequent filings made by Meta Materials with the SEC, which are available on SEC's website at Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law.

SOURCE: Meta Materials Inc.

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