PMGC Holdings (NASDAQ:ELAB) announced on March 24, 2026 that its subsidiary SVM Machining, Inc. has completed registration under the International Traffic in Arms Regulations (ITAR), confirming compliance with U.S. export-control requirements governing defense-related products and services.
The ITAR registration allows the California-based precision CNC machining company to work on controlled defense projects, expanding the range of potential customers it can serve.
PMGC said the certification enhances SVM’s ability to compete for contracts in the defense and aerospace sectors that require ITAR compliance. The designation also strengthens the company’s positioning as a potential supplier to Tier 1 defense contractors and aerospace original equipment manufacturers.
The development aligns with PMGC’s broader strategy to increase its participation in high-value defense manufacturing and improve its competitiveness within regulated and mission-critical supply chains.
More about PMGC Holdings
PMGC Holdings Inc. is a diversified public holding company focused on a targeted roll-up strategy in U.S.-based manufacturing. The company seeks to expand its portfolio through acquisitions, investments and operational development across several industrial sectors.
Its wholly owned subsidiary, SVM Machining, Inc., doing business as Silicon Valley Manufacturing, is a California-based precision CNC machining firm certified under ISO 9001:2015 standards. The company produces engineered components for industries including medical technology, aerospace, semiconductors, biotechnology, pharmaceuticals and transportation.
SVM is known for its technical capabilities, strict quality control systems and ability to manufacture complex components with tight precision tolerances. The company supports original equipment manufacturers and advanced technology clients by delivering reliable, high-precision production services.
Through SVM and other manufacturing assets, PMGC aims to expand its presence in specialized, high-value industrial markets and capture growing demand from advanced manufacturing and defense-related sectors in the United States.