APC Technology Group PLC APC to distribute 3D PLUS space components in UK
January 22 2018 - 2:00AM
RNS Non-Regulatory
TIDMAPC
APC Technology Group PLC
22 January 2018
22 January 2018
APC Technology Group PLC
("APC" or the "Company")
APC to distribute 3D PLUS space components in UK
APC Technology Group PLC (AIM: APC), the design, specification
and distributor of specialist technologies and electronic
components, has signed an agreement to become the UK and Ireland
distributor for 3D PLUS, a world leading manufacturer of advanced
high density 3D microelectronics products for space
applications.
3D PLUS, a Heico Company (NYSE: HEI), has an impressive 18 year'
heritage within the space sector, achieving preferred supplier
status for the European Space Agency and sending more than 125,000
modules into space.
APC's high reliability component division, APC Hi-Rel, has
significant experience in designing in components into space
programmes including ExoMars, BepiColombo and EarthCARE. The
addition of 3D PLUS products enhances APC's range of
space-qualified peripheral products such as DC-DC converters,
optocouplers, crystal oscillators, capacitors, diodes and
connectors - to now include 3D PLUS memory, interface and point of
load converter products.
Patrice Benard of 3D Plus, said:
"APC Hi-Rel has a long history of working with organisations
within the space, defence and medical sectors, which perfectly
compliments our extensive product range. Their technical and
engineering expertise, and strong reputation within the industry,
will be an asset to designing in 3D PLUS products to bring
breakthrough advantages to customers' electronic designs".
Richard Hodgson, CEO of APC Technology Group, commented:
"The combination of our existing space technologies, the premier
space products that 3D PLUS bring, our prestigious customers and
APC's experienced and knowledgeable team, gives us a great base for
expansion in this exciting market.
As we set out in our results presentation, we are concentrating
on three main growth drivers: growth through increased bookings
from our existing technologies, in particular those that sit in
high growth markets; growth through the signing of new
complementary product lines; and growth through targeted bolt-on
acquisitions. We have just announced our first bolt on acquisition
and the signing of 3D PLUS demonstrates real traction in the
signing of new technologies."
More information on the 3D PLUS range of space products visit:
http://apcplc.com/news-posts/apc-hi-rel-broadens-components-range-space-applications/
Enquiries:
APC Technology Group PLC +44 (0) 330 313 3220
Richard Hodgson, Chief Executive www.apcplc.com
Michael Thompson, Finance Director
Stockdale Securities Limited (Nominated Adviser and Broker) +44 (0)20 7601 6100
Mark Brown / Antonio Bossi / Edward Thomas
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRABRGDBBXBBGIC
(END) Dow Jones Newswires
January 22, 2018 02:00 ET (07:00 GMT)
Apc Technology (LSE:APC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Apc Technology (LSE:APC)
Historical Stock Chart
From Sep 2023 to Sep 2024