Hardide gets $770k order from GE
AIM-listed developer and provider of advanced surface coating technology, Hardide, has received an order worth $770,000 from GE.
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The order is for the application of Hardide coating to the same family of components as covered by the supply agreement that expired in February 2017. It will be satisfied by the company's US facility for delivery before the end of the 2017 calendar year.
"The order is incremental to management's existing expectations for the current year and underpins existing projections for the following financial year ending 30 September 2018," Hardide said.
At 0900 BST, the shares were up 5% to 1.71p.