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Hexagon Composites ( (HXGCF) ) has shared an update.
Hexagon Digital Wave has secured a long-term agreement with Certarus to provide exclusive requalification services for Certarus’ fleet of gas transportation trailers, utilizing its Modal Acoustic Emission (MAE) technology. This partnership enhances operational efficiency and safety standards by reducing downtime and ensuring compliance, positioning Hexagon Digital Wave as a significant player in the growing market of compressed gas transport and alternative fuels.
More about Hexagon Composites
Hexagon Digital Wave, a subsidiary of Hexagon Composites, specializes in digital solutions for non-destructive testing methods, offering products and services such as Ultrasonic Examination (UE) and Modal Acoustic Emission (MAE) to enhance safety and reduce downtime across industries like industrial gas, fire service equipment, medical oxygen, automotive, alternative fuels, and aerospace.
YTD Price Performance: -10.13%
Average Trading Volume: 2,581
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $757.4M
Learn more about HXGCF stock on TipRanks’ Stock Analysis page.
