The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR").
16 September
2019
PipeHawk plc
("PipeHawk" or the "Company")
Contract win
PipeHawk is pleased to announce that its subsidiary, QM Systems,
has been selected by a premium global automotive seating and
electrical systems supplier to deliver a new manufacturing facility
for the manufacture of premium automotive seats. The contract is
valued at over £600,000 and is due for delivery in Q1 2020.
Gordon Watt, Chairman of PipeHawk
PLC, commented: “This is great news for the Company, especially
given that the project will deliver a version of one of QM’s core
manufacturing production products, its Q-MAC3. This is a fully
integrated and automated manufacturing system that has been
developed by QM Systems’ in-house team and is seeing a significant
amount of interest internationally. We are excited to be partnering
with this global manufacturer on this next exciting phase of our
journey.”
More information on the Q-MAC range of products or any wider
automation requirement please contact the Company at
Sales@qm-systems.com.
Enquiries:
PipeHawk Plc
Gordon Watt (Chairman) |
Tel. No. 01252 338 959 |
Allenby Capital (Nomad and Broker)
David Worlidge/Asha Chotai |
Tel. No. 020 3328 5656 |
Notes to Editors
For further information on the Company and its
subsidiaries, please visit: www.pipehawk.com.