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IN BRIEF: Directa Plus signs first exclusive supply deal in Colombia

Fri, 28th Oct 2022 10:44

Directa Plus PLC - London-based graphene product maker - Announces first exclusive supply agreement in Latin America, worth around EUR1 million. The agreement with Colombian ballistic protection clothing manufacturer CIA Miguel Caballero SAS runs for at least four years. Directa will supply CIA Miguel with a total of 77,500 linear metres of planar thermal circuit, or PTC, printed material, starting in October. "This contract is the first high-volume application of the PTC technology in ballistic vests and our first in Latin America. Directa's agile business model has been designed to capture significant opportunities on a world wide basis, leveraging on partners' powerful market penetration," says Directa Plus Chief Executive Officer & Founder Giulio Cesareo.

Current stock price: 90.00 pence, up 2.3% on Friday

12-month change: down 34%

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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