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PWR Holdings Ltd. ( (AU:PWH) ) has shared an update.
PWR Holdings Ltd. has announced a significant order secured by its North American subsidiary, C&R Racing Inc., to supply advanced cooling solutions for a US government project, valued at USD5.5 million. This project, slated for delivery in 2025, represents the company’s largest order in the Aerospace and Defence sector since 2020 and highlights the success of PWR’s strategic shift to leverage its Motorsport technology expertise into this sector, thereby reinforcing its position as a leader in advanced cooling technology.
More about PWR Holdings Ltd.
PWR Holdings Ltd. operates in the advanced cooling technology industry, focusing on delivering innovative solutions for sectors including Motorsport, Aerospace, and Defence. The company leverages its expertise to provide high-performance cooling systems, aiming to strengthen its market presence in these sectors.
YTD Price Performance: -3.26%
Average Trading Volume: 588
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $473.3M
Find detailed analytics on PWH stock on TipRanks’ Stock Analysis page.