The new composite powder (CP) made of fly-ash cenospheres (ceramic hollow micro balloons) particle size 50-125 µm, coated with Cu and stainless steel (SS) were obtained by plasma vapour deposition using a magnetron sputtering system. Magnetron sputtering conducted in vacuum machine equipped with a special vibration device for continuous copper deposition on cenosphere particles. SEM backscattering images showed that the coating films were non-porous and uniform in thickness. By varying the sputtering rate, the coating thicknesses varied in the range of 300-1200 nm for Cu films and 200-800 nm for SS films. A series of composite syntactic foam cylindrical samples was fabricated from CP by spark plasma sintering (SPS). A series of samples are obtained using constant pressure – 9,5 Mpa, 2,0 min of sintering time, sintering at temperatures range between 850-1000°C for Cu-coated CP and 950-1100°C for the stainless steel coated CP. Obtained samples have apparent density 0.75-0.95 g/cm3 and 1.0-1.4 g/cm3 for Cu and SS-coated CP, respectively.