While developing innovative carbon ceramic brake discs for the automotive and aerospace industries, Surface Transforms is accelerating towards full industrialisation. The announcement of successful fundraising of up to £5m allows it to build and equip a new factory to supply the initial automotive OE contracts it is increasingly confident of winning. These form the foundation for a full assault on huge potential markets.
23 Mar 2016
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Surface Transforms PLC (SCE:LON) | 3.0 0 (-6.2%) | Mkt Cap: 10.7m
- Published:
23 Mar 2016 -
Author:
Andy Chambers -
Pages:
2
While developing innovative carbon ceramic brake discs for the automotive and aerospace industries, Surface Transforms is accelerating towards full industrialisation. The announcement of successful fundraising of up to £5m allows it to build and equip a new factory to supply the initial automotive OE contracts it is increasingly confident of winning. These form the foundation for a full assault on huge potential markets.