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AB Dynamics

AB Dynamics plc received its first order for an advanced vehicle driving simulator

AB Dynamics plc (LON: ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry, has today announced that it has received its first order for an advanced vehicle driving simulator.

The aVDS order, placed by a Chinese test house is valued at more than £2.0m with delivery expected in early 2019. Most of the value of the contract is expected to be recognised in the Company’s next financial year commencing 1 September 2018.

Tony Best, Chairman of AB Dynamics commented:

“Following more than 2 years of development work in conjunction with Williams Advanced Engineering we are very pleased to have achieved our first sale of the aVDS. This new line of product will underpin and strengthen our position supplying test equipment to the global automotive industry.”

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.