Surface Transforms, manufacturers of carbon-fiber-reinforced-ceramic brake discs, announced that it has been notified of its selection as a tier-one supplier of a carbon ceramic brake disc to its existing mainstream customer described previously as OEM 5. Prototype orders have been received and are being fulfilled. All terms and conditions have been carried over from the master purchase agreement with this customer signed in mid-2019.
The lifetime value of the contract is expected to be approximately €5 million spread over the five years from 2024 to 2028.
Surface Transforms plc (LON:SCE) are experts in the development and production of carbon-ceramic materials and the UK’s only manufacturer of carbon-ceramic brakes for automotive use.