Maine Company That Made Components for Artemis II Is Going Public Elmet Technologies, a Lewiston-based company that supplied high-performance materials and precision-machined parts for NASA’s Artemis II lunar flyby, is set to go public. The company, part of the Elmet Group, plans to list its shares on the NASDAQ Capital Market under the ticker symbol “ELMT” by the end of April 2026. The Elmet Group, which operates as a vertically integrated manufacturer of tungsten and molybdenum, has announced the launch of its initial public offering (IPO) roadshow, a critical step in preparing for the public stock sale. Elmet Technologies has been a key supplier for NASA’s Artemis missions, providing components for both the Artemis I and Artemis II missions. The company’s high-density tungsten heavy alloy materials, produced at its Lewiston manufacturing headquarters, were used in the Artemis II lunar flyby. Additional components manufactured at its Ohio facility are also currently in space. The company’s role in the Artemis program highlights its expertise in advanced materials, as it is the only U.S.-owned and operated manufacturer of tungsten and molybdenum. The IPO involves the sale of approximately 7.7 million shares of common stock, with the initial public offering price expected to range between $12 and $14 per share. Underwriters have been granted a 30-day option to purchase an additional 1.2 million shares at the IPO price, providing flexibility for market demand. The roadshow, a series of presentations to potential investors, is designed to generate interest, build momentum, and refine the final IPO pricing. The Elmet Group operates two primary segments: Critical Materials Components (CMC) and Engineered Microwave Products (EMP).#artemis_ii #elmet_technologies #elmet_group #nasdaq_capital_market #lewiston
