Velocity Composites has completed a placing, subscription and retail offer
Oktober 2023 — Velocity Composites plc has raised funds to enable the company to continue its growth in the aerospace composites market, particularly in the USA.
Velocity, a UK-based aerospace supplier, offers advanced composite material kits, process optimization products and engineering support services, including full ply generation, shape management and engineering support.
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Oaklins Cavendish, based in the UK, raised US$8 million through a placing, subscription and retail offer for Velocity Composites. We look forward to working with them on their development into a substantial business.
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