Gurit reports that it has successfully completed material qualification for a global aerospace manufacturer.
Upon successful completion of the qualification process, Gurit has now been added to the manufacturer’s official supplier database. As the qualification was achieved for existing aircraft types, sales of the listed materials can start at once.
Gurit expects short-term revenue potential of the qualification to be in the low single-digit million Swiss francs range. Mid- to long-term, the product listing has the potential to produce double-digit million Swiss Francs revenues on top of the existing aerospace business.
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