Pipehawk (GB:PIP) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
PipeHawk PLC has announced significant growth in its partnership with Unipart Rail, with revenues from their Memorandum of Understanding expected to rise from £30k to £0.5m by June 2024, and additional revenue already projected for 2025. The partnership, which started with distribution of standard products, has expanded to manufacturing and global distribution of high output machinery. Furthermore, the collaboration has spawned a joint funding win for a rail panel handling innovation project, indicating a promising increase in orders and global outreach.
For further insights into GB:PIP stock, check out TipRanks’ Stock Analysis page.
