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 SA
France
Dynamic Materials Corporation (Shanghai) Trading Co. Ltd.
China
Arcadia Products, LLCColorado
3225 E. Washington Blvd., LLC
California