Adaptix Submits US Regulatory Clearance for Transformational Diagnostic Product

Adaptix Submits US Regulatory Clearance for Transformational Diagnostic Product Our partner company, Adaptix has submitted a 510(k) application to the U.S. Food and Drug Administration for its first medical imaging product (‘NeXt 3D-Ortho’), allowing the company to begin marketing its Point-of-Care 3D orthopedic system in the United States. Adaptix, based at Oxford University Science Park,…

Energy Steel secures nuclear contract worth $4.1m

Energy Steel Secures Nuclear Contract worth $4.1m Our subsidiary, Energy Steel has been awarded a $4.1M contract from Nuclear Waste Partnership, LLC to supply materials and subassemblies required for their waste isolation pilot plant (WIPP) – the nation’s only deep geological long-lived radioactive waste repository. The materials and subassemblies will be used in the construction…

Contract wins

Contract Wins We are pleased to announce new contract wins at our subsidiaries, Booth Industries, Energy Steel and Hayward Tyler, Inc. Booth Industries Secures £6m Contract Win Booth Industries, the Bolton-based manufacturer of high-integrity performance-assured protection systems, has strengthened its position in the nuclear market with a contract worth approximately £6 million to supply specialist…

Avingtrans increases investment in Adaptix

Avingtrans increases investment in Adaptix Avingtrans is pleased to announce that it has increased its shareholding in the emerging Medtech 3D X-ray business, Adaptix Limited (“Adaptix”), by another 150,000 shares, for a total consideration of £1.5m. Avingtrans now owns 400,000 Adaptix shares, representing 11.9% of the current issued share capital. In the year to 31 March 2021, Adaptix made a loss after…

Booth welcomes HS2 CEO for site visit

Booth welcomes HS2 CEO for site visit Our subsidiary, Booth Industries was delighted to welcome HS2 CEO Mark Thurston yesterday, to view its new purpose-built facility for the manufacture of safety doors for HS2 tunnels and meet staff working on the project. The £36.5million 10-year contract was awarded in September 2020 has enabled Booth to…