NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.
On 1st January 2020, NetComposites' media assets including netcomposites.com, newsletters and conferences were transferred to Composites World (Gardner Business Media).
This site is no longer being updated. Please direct all enquiries to firstname.lastname@example.org.
For further details see our joint press release.
Aerobox have entered into a US$3 million three year secured revolving loan agreement with Laurus Master Fund, a Cayman Islands company that provides financing to small cap growth companies.
The AeroBox air cargo container is the result of a decade of research and development into composite structure panels. The funds will assist in funding working capital needs, and have been made available against assets. Ray Gibbs, Group Managing Director commented:
“I am delighted that we have been able to demonstrate the financial viability of our business to Laurus. The growth being experienced initially in the ULD sector requires careful managing and finance. The revolving debt facility can be used to enable us to satisfy the working capital needs for both our existing and expected order book in both the ULD and core and panel operations for the foreseable future.”
The AeroBox has now flown over 90,000 flights in commercial airlines around the globe, with a little more than 100 reported repairs.
For more information visit: