PMGC subsidiary completes ITAR registration

PMGC (ELAB) Holdings announced that its wholly owned subsidiary, SVM Machining, has completed International Traffic in Arms Regulations, or ITAR, registration and is in compliance with ITAR. The ITAR is administered by the U.S. State Department’s Directorate of Defense Trade Controls, which controls the export and import of defense articles and services. The company believes this completed ITAR registration will further enable SVM to pursue defense and aerospace programs that require compliance with U.S. export-control standards. Also, the company believes this milestone enhances SVM’s eligibility as a qualified supplier to Tier 1 defense contractors and aerospace original equipment manufacturers.