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Velox Industries Announces Record Revenue in Q3 2023
Velox Industries, a leading provider of high-performance composites, today announced record revenue for the third quarter of 2023. Revenue for the quarter was $250 million, up 25% year-over-year.
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Velox Industries and Boeing Collaborate on New Aerospace Composite Materials
Velox Industries and Boeing have announced a new collaboration to develop and manufacture advanced composite materials for aerospace applications. The two companies will work together to develop new materials that are lighter, stronger, and more durable than traditional materials, which could lead to significant improvements in aircraft performance.
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Velox Industries Receives Major Contract from Airbus
Velox Industries has received a major contract from Airbus to supply composite materials for the A350 XWB aircraft. The contract is valued at over $100 million and is expected to run for five years.
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Velox Industries Announces Acquisition of XYZ Company
Velox Industries Limited (TSX: VLO) is pleased to announce that it has acquired XYZ Company, a leading provider of specialized manufacturing services.
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Velox Industries Reports Record Earnings for Fiscal 2023
Velox Industries Limited (TSX: VLO) today announced record financial results for the fiscal year ended December 31, 2023.
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Velox Industries Appoints New CEO
Velox Industries Limited (TSX: VLO) is pleased to announce the appointment of John Smith as its new Chief Executive Officer.
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Velox Industries Announces Record Revenue and Earnings for Fiscal 2023
Velox Industries Limited (TSX: VXL), a leading provider of engineering and manufacturing services to the global energy industry, today announced record revenue and earnings for the fiscal year ended December 31, 2023.
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Velox Industries Awarded Major Contract for Offshore Wind Project in Europe
Velox Industries Limited (TSX: VXL) has been awarded a major contract to provide engineering, procurement, and construction (EPC) services for an offshore wind project in Europe.
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Velox Industries Announces Strategic Partnership with Leading Renewable Energy Developer
Velox Industries Limited (TSX: VXL) today announced a strategic partnership with a leading renewable energy developer to jointly pursue opportunities in the global offshore wind market.