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Surface Transforms concluded a multi-year supply agreement with German OEM 5 for carbon fibre reinforced ceramic brake discs, with series production starting in October 2021. The final terms were announced on August 27, 2019.
Surface Transforms has been selected as a tier one supplier of carbon ceramic brake discs to a major German automotive company (OEM 5). The contract has an estimated lifetime revenue of €11.8 million, commencing in October 2021.