SRTX secures $25M investment from Investissement Québec

SRTX announced a $25 million USD investment from Investissement Québec as lead participant in its current fundraising round. The funding will support scaling manufacturing capacity and R&D at its 300,000-square-foot facility in Pointe Claire, Montreal, which produces UHMWPE-based textile products.

“The investment from Investissement Québec represents a major milestone for SRTX.”prnewswire.com

• 2 sources
• prnewswire.comSRTX SECURES $25M USD INVESTMENT FROM INVESTISSEMENT QUÉBEC TO SUPPORT GROWTH AND STRENGTHEN LOCAL MANUFACTURINGSRTXDec 3, 2024
• bnnbloomberg.caInvestissement Québec invests US$25M in maker of Sheertex rip-resistant tights – BNN BloombergThe Canadian PressDec 3, 2024

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