Expliseat raises €17M to build new factory in Angers, France

Expliseat, a French manufacturer of lightweight aircraft seats, has raised €17 million in capital investment. The funds will be used to build a new 6,000 m² factory in Angers, France, with a production capacity of 25,000 seats per year, expandable to 37,000 seats per year.

“This fundraising comes at a key moment and allows Expliseat to begin a new chapter, on the strength of the solid foundations acquired during the first 12 years of its history.”expliseat.com

• 1 source
• expliseat.comExpliseat raises €17 million to expand operations - ExpliseatDavid BwembaApr 25, 2023

Summarized from public sources; check the original articles before acting on it.