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Sapphire Technologies closed an $18 million Series C financing, including investment from Mitsubishi Heavy Industries, to increase capacity at its Cypress, California manufacturing facility and deploy more FreeSpin In-line Turboexpanders.
“The capital will be used to increase capacity at Sapphire Technologies’ new Cypress, California manufacturing facility, continue to grow the installed base of FreeSpin® In-line Turboexpanders in key geographies such as Japan, and expand market reach into new applications.”globenewswire.com
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