Surface Transforms (LON: SCE) has today announced that it has been notified of its selection as a tier one supplier of a carbon ceramic brake disc to a major high performance automotive company – previously described by Surface Transforms as “OEM 1”.
The Company has received the subsequent order, with sales revenue of £400k and expects to deliver the products in the current financial year ending 31st December 2019.
Specifically, the selection is as the tier one supplier of carbon ceramic discs on a track car.
Kevin Johnson, Surface Transforms CEO said,
“We are delighted to win this contract with a new customer for the Company. We regard it as a further reference point for our technology and hope that this can be the foundation of a future relationship with this valued and potentially important customer”