Research Tree Research Tree Logo

  • Try our Investor Tool
  • Login
  • Sign Up

Research Tree Logo

  • Login
  • Sign Up
  • Features
  • Pricing
  • Reg.News
  • Contact
  • Try our Investor Tool
  • Login
  • Sign Up
  • Providers
  • Companies
⨯
LIVE

Event in Progress:

Join Here ×
  • Providers
  • Companies
⨯
  • Features
  • Pricing
  • Event Hub
  • Transactions
  • Reg.News
  • Short Interest
  • Contact
Companies >
UK >
Vehicle Parts >
Surface Transforms PLC >
Research >
Surface Transforms (SCE): A major quantum production ramp up now secured

working
  • 09 May 2023

Surface Transforms (SCE): A major quantum production ramp up now secured


Surface Transforms PLC (SCE:LON) | 27.2 -0.5 (-6.8%) | Mkt Cap: 65.9m


  • Hardman & Co
    • Mike Foster

    • 12 pages


 

Final results were announced on 17 April, together with 1Q’23 sales and an update on the now rectified major production hiccough. In November 2022, SCE announced a second OEM 10 contract, the largest for SCE to date. The forward pipeline has been replenished and remains the same. The OEM 10 order commences in 2025, which is normal visibility. OEM 8 comprises the large majority of 2023 and 2024 revenue and was scheduled for a rapid 2022 start of production, but OEM 8 requested a few months’ pause. It has now commenced. SCE’s resolution to the production problem comes after half a year’s disruption in this major growth story.

Sign up for free to access

Get access to the latest equity research in real-time from 12 commissioned providers.

Get access to the latest equity research in real-time from 12 commissioned providers.


Get Started
Already a member? Log in here
See all the research we have on this company.

Surface Transforms (SCE): A major quantum production ramp up now secured


Surface Transforms PLC (SCE:LON) | 27.2 -0.5 (-6.8%) | Mkt Cap: 65.9m


  • Published: 09 May 2023
  • Author: Mike Foster
  • Pages: 12
  • Hardman & Co


Final results were announced on 17 April, together with 1Q’23 sales and an update on the now rectified major production hiccough. In November 2022, SCE announced a second OEM 10 contract, the largest for SCE to date. The forward pipeline has been replenished and remains the same. The OEM 10 order commences in 2025, which is normal visibility. OEM 8 comprises the large majority of 2023 and 2024 revenue and was scheduled for a rapid 2022 start of production, but OEM 8 requested a few months’ pause. It has now commenced. SCE’s resolution to the production problem comes after half a year’s disruption in this major growth story.

More Content

More Content

Surface Transforms (SCE): Interim results

Companies: Surface Transforms PLC

Hardman & Co

Top Picks Playlist for 2023

Companies: GHHSCEBGOTPTASTOINCHDWFEQLSNXR

Zeus Capital

Surface Transforms - Interim results: a challenging period overcome

Companies: Surface Transforms PLC

Cavendish

Surface Transforms (SCE) - Vox Markets Fund Manager Series: Oliver Brown of RC Brown

Companies: Surface Transforms PLC

Vox Markets

Morning Note – 27 September 2023

Companies: SCE AVG PHC TAST DCTA FADL

Cavendish

Useful Links

  • Features
  • Pricing
  • RNS/Newswires Feeds
  • Providers Hub
  • Company Hub

Account

  • Login
  • Free Trial - Join Now
  • Contact
Follow us on Linkedin Follow us on Twitter

Share:

Copyright © 2023 Research Tree | All Rights Reserved. | Terms of Service and Privacy Policy and Statement on Cookies

Research Tree will never share your details with third parties for marketing purposes. Research Tree distributes research documents that have been produced and approved by Financial Conduct Authority (FCA) Authorised & Regulated firms as well as relevant content from non-authorised sources, who are not regulated but the information is in the public domain. For the avoidance of doubt Research Tree is not giving advice, nor has Research Tree validated any of the information.

Research Tree is an Appointed Representative of Sturgeon Ventures which is Authorised and Regulated by the Financial Conduct Authority.

Top
  • Home
  • Features
  • Pricing
  • Event Hub
  • Transactions
  • Reg.News
  • Short Interest Tracker
  • Blogs
    • Academy
    • Insights
    • News
    • Research Tree
    • The Naked Fund Manager
  • Ideas & Picks
    • Ideas Hub
    • Stock Pick League
  • Explore Content
    • Regions
      • UK
      • Rest of EMEA
      • N America
      • APAC
      • LatAm
    • Exchanges
      • Aquis Apex
      • Australian Securities Exchange
      • Canadian Securities Exchange
      • Euronext Paris
      • London Stock Exchange (domestic)
      • SIX Swiss Exchange
    • Sectors
      • Automobile Industry
      • Banks
      • Building & Construction
      • Chemicals
      • Discretionary Personal Goods
      • Discretionary Retail
      • Energy
      • ETFs
      • Financial Services
      • Food & Drink
      • Food Production
      • Health
      • Household Goods & DIY
      • Industrial Equipment, Goods & Services
      • Insurance & Reinsurance
      • Investment Trusts
      • Leisure, Tourism & Travel
      • Media
      • Open-ended Funds
      • Other
      • Real Estate
      • Resources
      • Staple Retail
      • Technology
      • Telecoms
      • Utilities
    • AIC Sectors
      • Asia Pacific
      • Asia Pacific Equity Income
      • Asia Pacific Smaller Companies
      • Biotechnology & Healthcare
      • China / Greater China
      • Commodities & Natural Resources
      • Country Specialist
      • Debt - Direct Lending
      • Debt - Loans & Bonds
      • Debt - Structured Finance
      • Environmental
      • Europe
      • European Smaller Companies
      • Farmland & Forestry
      • Financials
      • Flexible Investment
      • Global
      • Global Emerging Markets
      • Global Equity Income
      • Global Smaller Companies
      • Growth Capital
      • Hedge Funds
      • India
      • Infrastructure
      • Infrastructure Securities
      • Insurance & Reinsurance Strategies
      • Japan
      • Japanese Smaller Companies
      • Latin America
      • Leasing
      • Liquidity Funds
      • North America
      • North American Smaller Companies
      • Private Equity
      • Property - Debt
      • Property - Europe
      • Property - Rest of World
      • Property - UK Commercial
      • Property - UK Logistics
      • Property - UK Residential
      • Property Securities
      • Renewable Energy Infrastructure
      • Technology & Media
      • UK All Companies
      • UK Equity & Bond Income
      • UK Equity Income
      • UK Smaller Companies
      • VCT AIM Quoted
      • VCT Generalist
      • VCT Generalist Pre Qualifying
      • VCT Specialist: Environmental
      • VCT Specialist: Environmental Pre Qualifying
      • VCT Specialist: Healthcare & Biotechnology
    • Trust Managers
      • 3i Group
      • 3i Investments
      • Aberforth Partners
      • abrdn
      • AEW UK Investment Management
      • Albion Capital
      • Allianz Global Investors
      • Alpha Real Capital
      • Amati Global Investors
      • Amedeo Air Four Plus
      • Apax Guernsey Managers
      • Aquila Capital Investment
      • Artemis Investment Management
      • Asset Value Investors
      • Athelney Trust
      • Atrato Partners Limited
      • Augmentum Capital
      • Axiom Alternative Investments
      • Baillie Gifford
      • Baker Steel Capital
      • Beringea
      • BlackRock Investment Management (UK)
      • Boussard & Gavaudan Asset Management
      • Brevan Howard Capital Management
      • Chelverton Asset Management
      • Columbia Threadneedle
      • CVC Credit Partners
      • Doric Partners
      • Ecofin
      • Fidelity
      • Foresight Group
      • Frostrow Capital
      • Fundsmith
      • Gravis Capital Management
      • Greencoat Capital
      • Gresham House
      • Hansa Capital Partners
      • Harwood Capital
      • ICM
      • InfraRed Capital Partners
      • Invesco Asset Management
      • J.P. Morgan Asset Management
      • Janus Henderson Investors
      • Jupiter Unit Trust Managers
      • KKV Investment Management
      • Liontrust Asset Management
      • Markel CATCo Investment Management
      • Maven Capital Partners
      • MD Barnard and Co
      • Mercia Asset Management
      • Montanaro Investment Managers
      • Neuberger Berman Europe
      • New City Investment Managers
      • Octopus Investments
      • Pantheon Ventures
      • Phoenix Asset Management
      • Polar Capital Holdings
      • Premier Miton
      • Puma Investments
      • Quaero Capital
      • Rampart Capital
      • Ravenscroft
      • Riverstone International
      • Schroder Investment Management
      • Schroder Real Estate Management
      • Seneca Investment Managers
      • Triple Point Investment Management
      • Tritax Management
      • Troy Asset Management
      • TwentyFour Asset Management
      • White Oak Capital Partners
      • Willis Towers Watson
      • YFM Private Equity
    • Small / Large Cap
      • UK100
      • UK250
      • UK Smallcap
      • UK Other Main Markets
      • Other
    • Private/EIS
      • EIS Single Company
      • EIS/SEIS Funds
      • IHT Products
      • SEIS Single Company
      • VCT Funds
  • Providers
    • Free/Commissioned
      • ACF Equity Research
      • Align Research
      • BRR Media
      • Calvine Partners
      • Capital Access Group
      • Checkpoint Partners
      • Clear Capital Markets
      • Couloir Capital
      • Doceo
      • Edison
      • Equity Development
      • eResearch
      • Fidante Partners
      • Five Minute Pitch TV
      • goetzpartners securities Limited
      • Hardman & Co
      • Inbound Capital
      • Independent Investment Research
      • InterAxS Global
      • Kepler | Trust Intelligence
      • London Stock Exchange
      • Magnitogorsk Iron and steel works
      • Mello Events
      • Mining Network
      • piworld.co.uk
      • Proactive
      • Progressive Equity Research
      • Quantum Research Group
      • QuotedData
      • RaaS - Research as a Service
      • Radnor Capital Partners
      • Research Tree
      • SEAL Advisors Ltd
      • ShareSoc
      • The AIC
      • Trinity Delta
      • UK Investor Group
      • Vox Markets
      • Yellowstone Advisory
    • High Net Worth Offering
      • Fox-Davies Capital
      • ACF Equity Research
      • Allenby Capital
      • AlphaValue
      • Alternative Resource Capital
      • Arctic Securities
      • Arden Partners
      • Auctus Advisors
      • Baptista Research
      • BNP Paribas Exane - Sponsored Research
      • Canaccord Genuity
      • Cavendish
      • Couloir Capital
      • Dowgate Capital
      • First Berlin
      • First Sentinel
      • Hannam & Partners
      • Hybridan
      • Kemeny Capital
      • Liberum
      • Longspur Clean Energy
      • Louis Capital
      • Magnitogorsk Iron and steel works
      • Medley Global Advisors
      • Northland Capital Partners
      • QuotedData Professional
      • Shard Capital
      • ShareSoc
      • Shore Capital
      • Singer Capital Markets
      • SP Angel
      • Stanford Capital Partners
      • Stifel FirstEnergy
      • Stockdale Securities
      • Tamesis Partners
      • The Life Sciences Division
      • VSA Capital
      • WHIreland
      • Whitman Howard
      • Yellowstone Advisory
      • Zeus Capital
    • Institutional Offering
      • Fox-Davies Capital
      • ACF Equity Research
      • Actio Advisors
      • Align Research
      • Allenby Capital
      • AlphaValue
      • Alternative Resource Capital
      • Arctic Securities
      • Arden Partners
      • Atrium Research
      • Auctus Advisors
      • Baptista Research
      • BlytheRay
      • BNP Paribas Exane
      • BNP Paribas Exane - Sponsored Research
      • BRR Media
      • Bryan, Garnier & Co
      • Calderwood Capital
      • Calvine Partners
      • Canaccord Genuity
      • Capital Access Group
      • Capital Markets Brokers
      • Cavendish
      • Checkpoint Partners
      • Clear Capital Markets
      • Couloir Capital
      • Degroof Petercam
      • Doceo
      • Dowgate Capital
      • Edison
      • Equity Development
      • eResearch
      • Fidante Partners
      • First Berlin
      • First Sentinel
      • Five Minute Pitch TV
      • Fundamental Research Corp
      • goetzpartners securities Limited
      • Hannam & Partners
      • Hardman & Co
      • Holland Advisors
      • Hybridan
      • Hypothesis Research
      • Inbound Capital
      • Independent Investment Research
      • InterAxS Global
      • Investec Bank
      • Kemeny Capital
      • Kepler | Absolute Hedge
      • Kepler | Trust Intelligence
      • Liberum
      • London Stock Exchange
      • Longspur Clean Energy
      • Magnitogorsk Iron and steel works
      • Mello Events
      • Mining Network
      • Northland Capital Partners
      • Numis
      • NuWays
      • Panmure Gordon
      • Paul Scott
      • Peel Hunt
      • piworld.co.uk
      • Proactive
      • Progressive Equity Research
      • Quantum Research Group
      • QuotedData
      • RaaS - Research as a Service
      • Radnor Capital Partners
      • Research Tree
      • Resolve Research
      • SEAL Advisors Ltd
      • Shard Capital
      • ShareSoc
      • Shore Capital
      • SI Capital
      • Singer Capital Markets
      • SP Angel
      • Stanford Capital Partners
      • Stifel
      • Stifel FirstEnergy
      • StockBox Media
      • Stockdale Securities
      • Tamesis Partners
      • The AIC
      • The Life Sciences Division
      • Trinity Delta
      • UK Investor Group
      • Velocity Trade
      • Vox Markets
      • VSA Capital
      • WHIreland
      • Whitman Howard
      • Winterflood Securities
      • Yellowstone Advisory
      • Zeus Capital
    • Video/Audio Interviews
      • BRR Media
      • Capital Access Group
      • Couloir Capital
      • Doceo
      • Edison
      • Equity Development
      • Five Minute Pitch TV
      • Kepler | Trust Intelligence
      • Mining Network
      • piworld.co.uk
      • Proactive
      • QuotedData
      • RaaS - Research as a Service
      • Research Tree
      • UK Investor Group
      • Vox Markets
      • Yellowstone Advisory
    • Event Providers
      • Capital Access Group
      • Cavendish
      • Couloir Capital
      • Edison
      • Equity Development
      • Five Minute Pitch TV
      • Fundamental Research Corp
      • Hardman & Co
      • InterAxS Global
      • Kepler | Trust Intelligence
      • Liberum
      • London Stock Exchange
      • Mello Events
      • piworld.co.uk
      • Proactive
      • QuotedData
      • Research Tree
      • ShareSoc
      • Shore Capital
      • StockBox Media
      • The AIC
      • UK Investor Group
      • VSA Capital
      • WHIreland
      • Yellowstone Advisory
      • Zeus Capital
  • Contact
  • Sign Up
  • Sign In