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Strip Tinning Holdings plc ( (GB:STG) ) has provided an announcement.
Strip Tinning Holdings plc has confirmed a $780,000 order from a major German Tier 1 automotive supplier for their Cell Contact System, a key component in a US autonomous vehicle program. This order is part of a larger contract with a potential lifetime value of up to £60.0 million, marking significant progress as production prepares to commence in 2026.
More about Strip Tinning Holdings plc
Strip Tinning Holdings plc is a leading supplier of specialist connection systems to the automotive sector, focusing on providing innovative solutions for battery technologies and connection systems for vehicle battery pack modules.
YTD Price Performance: -28.57%
Average Trading Volume: 11,639
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of STG stock, go to TipRanks’ Stock Analysis page.