Strip Tinning Holdings plc (GB:STG) has released an update.
Strip Tinning Holdings plc, a specialist in automotive connection systems, has secured a significant new contract in the Battery Technologies market, with an expected lifetime revenue of £43 million. The contract involves supplying Cell Contact Systems for US-based autonomous vehicle battery packs and represents a milestone for the company as it moves into high-volume manufacturing. This deal boosts the company’s total expected lifetime sales to £95.7 million, reflecting a 181% increase since January 2024, and underscores its substantial growth in the Battery Technologies sector.
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