Materials Tech Sector

Lightwave Logic

Market Cap: US$507.6m

Focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States.

Digital Turbine

Market Cap: US$502.4m

Through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).

AMTD Digital

Market Cap: US$499.7m

Through its subsidiaries, provides digital solutions; media and entertainment services; and hotel operations, hospitality, and very important person (VIP) services in Europe, the United States, Hong Kong, Singapore, and Asia.

Allot

Market Cap: US$497.1m

Develops, sells, and markets network intelligence and security solutions in Israel, Europe, Asia, Oceania, the Americas, the Middle East, and Africa.

TROOPS

Market Cap: US$487.3m

TROOPS, Inc., along with its subsidiaries, operates in the money lending business in Hong Kong, the Peoples Republic of China, and Australia.

Pinewood Technologies Group

Market Cap: UK£352.8m

Operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.

Rapid7

Market Cap: US$470.2m

Provides cybersecurity software and services under the Rapid7, Nexpose, and Metasploit brand names.

Gentrack Group

Market Cap: NZ$770.3m

Engages in the development, integration, and support of enterprise billing and customer management software solutions for the energy and water utility, and airport industries.

Datavault AI

Market Cap: US$459.3m

A data sciences technology company, owns and operates data management platforms with supercomputing capabilities in North America, Asia Pacific, Europe, and internationally.

Frequency Electronics

Market Cap: US$456.8m

Engages in the design, development, manufacture, marketing, and sale of precision time and frequency control products and components for microwave integrated circuit applications.

SCHMID Group

Market Cap: US$448.7m

Develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally.

Clearfield

Market Cap: US$447.2m

Designs, manufactures, and distributes fiber management, protection, and delivery products in the United States and internationally.

EACO

Market Cap: US$447.2m

Through its subsidiary, Bisco Industries, Inc., distributes and sells electronic components and fasteners in the United States, Asia, Canada, and internationally.

Huineng Technology

Market Cap: US$445.5m

Provides information technology services in Malaysia and Hong Kong.

Blend Labs

Market Cap: US$444.2m

Provides a cloud-based software platform for financial services firms in the United States.

IDOX

Market Cap: UK£325.9m

Through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally.

Unusual Machines

Market Cap: US$439.6m

Engages in the commercial drone industry.

Weave Communications

Market Cap: US$436.9m

Provides a customer experience and payments software platform for small and medium-sized healthcare businesses.

Gloo Holdings

Market Cap: US$432.4m

Designs and develops a vertical technology platform for the faith and flourishing ecosystem.

OneSpan

Market Cap: US$427.4m

Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Sprout Social

Market Cap: US$423.2m

Designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Big Technologies

Market Cap: UK£309.6m

Engages in the development and delivery of remote monitoring technologies and services to the offender and remote personal monitoring industry under the Buddi brand name.

Agora

Market Cap: US$412.3m

Through its subsidiaries, engages in the operation of a real-time engagement platform-as-a-service in the United States, the People’s Republic of China, and internationally.

Next10

Market Cap: US$403.7m

Engages in the development, manufacture, and sale of security systems for the cargo transportation industry primarily in the United States and Canada.

Forward Industries

Market Cap: US$401.6m

Provides hardware and software product design and engineering services primarily in the United States.

BitFuFu

Market Cap: US$395.6m

Provides digital asset mining solutions in North America, Asia, Europe, and internationally.

Blackline Safety

Market Cap: CA$539.4m

Engages in the development, manufacture, and marketing of worker safety monitoring products and services in Canada, the United States, Europe, and internationally.

Coveo Solutions

Market Cap: CA$537.9m

Provides software-as-a-service artificial intelligence (AI) platform in Canada, the United States, and internationally.

Kopin

Market Cap: US$387.0m

Develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally.

8x8

Market Cap: US$374.8m

Provides contact center, voice, video, chat, and enterprise-class application programmable interface (API) solutions worldwide.

Cerence

Market Cap: US$370.9m

Provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific.

Ribbon Communications

Market Cap: US$369.2m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Xunlei

Market Cap: US$363.6m

Operates an internet platform for digital media content in the People's Republic of China.

Aduro Clean Technologies

Market Cap: CA$495.0m

Engages in developing water-based chemical recycling technologies.

Gorilla Technology Group

Market Cap: US$359.5m

Provides solutions in security, network, business intelligence, and Internet of Things (IoT) technology in Taiwan and the United Kingdom.

BTQ Technologies

Market Cap: CA$487.3m

Engages in the development of computer-based technology related to post-quantum cryptography for applications in blockchain and related technologies.