Industrial Technology

Velocity Composites

Year

2017


Transaction type IPO

Sector Industrial Technology

finnCap have advised Velocity Composites plc, the manufacturer of advanced composite products to the aerospace industry, on their fundraising and admission to AIM.

Velocity was founded in October 2007 by three career composite engineers to manufacture kits of raw materials to be used in composite aircraft parts. The Company operates out of two UK facilities, one in Burnley, Lancashire, where it is also headquartered, and one in Fareham, Hampshire, and currently employs a total of 97 staff.