So where does it get the energy? Suppose you get a rope made out of this meta material and tie one end to a nail in a wall, and tie a weight to the other end. The material should contract and lift the weight up. Thus, by lifting the weight, the magic material would be doing work, and expending energy. But where does it get the energy from?
Seems very dubious to me. To quote Homer Simpson "In this house we follow the laws of thermodynamics!"