Meta Materials Inc. announced that it has been awarded a new purchase order for its authentication, nano-optic security business, which provides anti-counterfeiting features for currencies and government documents and authentication for brands. META has been executing on a multi-year frame agreement with a maximum value of USD 41.5 million over a period of up to five years with a confidential G10 central bank customer. The new purchase order represents an additional $2.1 million, bringing the total orders received by META to approximately $16.5 million for continued work under the agreement.

The customer may elect to award additional purchase orders to increase the scope of this award.