Mativ Holdings Secures First Commercial Order for Smart Window Materials, Advances Automotive Electrochromic Technology

Mativ Holdings Inc. (NYSE:MATV) is one of the most undervalued small-cap stocks to buy according to analysts. As May came to an end, Mativ announced a significant milestone in its partnership with Miru Smart Technologies, which is a pioneer in smart window innovation.

Mativ, through its advanced polymer film solutions brand called Argotec, has secured its first commercial purchase order for materials used in Miru’s dynamic electrochromic window technology. This is a step in preparing the supply chain for the large-scale production and global adoption of electrochromic glass by automotive OEMs.

The order follows co-development and material testing between Mativ and Miru. An achievement was the successful fabrication of one of the world’s largest electrochromic sunroof devices.

Mativ Holdings Inc. (NYSE:MATV) manufactures and sells specialty materials in the US, Europe, the Asia Pacific, the Americas, and internationally.

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Disclosure: None. This article is originally published at Insider Monkey.