Hardide (AIM: HDD) - Airbus approval at last
AimZine microcap comment
Hardide’s shares were up 27% in the first hour of trading this morning (Thursday 17 December) following news that the Company’s Hardide-A coating has met Airbus technical performance requirements as a potential alternative to hard chrome plating. This approval comes after an 8 year programme and could lead to significant new business for Hardide.
Hardide (AIM:HDD) http://www.hardide.com/ Hardide plc (AIM: HDD), a provider of surface coatings, announced that its Hardide-A coating has met Airbus technical performance requirements as a potential alternative to hard chrome plating and is now available for consideration by design engineers and sub-contractors on some specific Airbus aircraft components. Meeting this technical performance level comes after eight years of Hardide’s development and testing of the coating as a potential alternative to hard chrome plating, which is used extensively on airframe and landing gear components. Philip Kirkham, CEO of Hardide plc commented: “After many years of hard work, it is a huge…