Exhibit 21.1
 
SUBSIDIARIES OF THE COMPANY
Name of Subsidiary
State or Jurisdiction of Incorporation
DMC Korea Inc.
Colorado
DynaEnergetics Europe GmbH
Germany
DYNAenergetics Canada Inc.
Canada
NobelClad Europe GmbH
Germany
DynaEnergetics US, Inc
Colorado
Dynamic Materials Corporation (HK) Ltd
Hong Kong
Nobelclad Europe SAS
France
Dynamic Materials Corporation (Shanghai) Trading Co. Ltd.
China
Arcadia Products, LLC
California
3225 E. Washington Blvd., LLC
California