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.”

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    AB Dynamics

    More articles like this

    AB Dynamics

    AB Dynamics plc Directorate Change

    Tony Best, Chairman of AB Dynamics, commented: “Rob has played a significant role in the growth of ABD and, on behalf of the Board and colleagues, I would like to thank him personally for his contribution

    AB Dynamics

    Progressive Equity Research: Ab Dynamics

    Easy as ABD Growth Underpinned by Excellent Long Term Drivers Interims saw AB Dynamic’s (ABD) revenue growth accelerate to 39%, comfortably beating our forecast. While the benefit to profits was offset by higher than expected opex in 1H,

    AB Dynamics

    INTERVIEW: AB Dynamics Delivering Strong Results

    AB Dynamics Plc (LON:ABDP) Chief Operating Officer Mat Hubbard joins DirectorsTalk to discuss another strong set of results. Mat explains what has driven the 39% increase in revenues, how a new factory in the UK and

    AB Dynamics

    AB Dynamics PLC Half-year Report

    AB Dynamics plc (LON:ABDP), a designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry, has today announced its Interim Results for the six month period to 28 February 2018. Financial

    AB Dynamics

    AB Dynamics plc Profits Expected to be Significantly Ahead

    AB Dynamics plc (LON:ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry, has today provided a trading update in advance of announcing its Interim Results for the

    AB Dynamics

    Progressive Equity Research: Ab Dynamics PLC

    A Dynamic Performance Taking Testing to the Next Level AB Dynamic’s (ABD) shares have risen tenfold since its 2013 AIM admission, fuelled by an impressive 19% organic revenue CAGR. The company is investing in a platform to sustain

    AB Dynamics

    AB Dynamics PLC Directorate Change

    Further to the announcement made by the Group on 9 August 2017, 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

    AB Dynamics

    Panmure Gordon & Co Morning Note: Ab Dynamics PLC

    We are upgrading our forecasts, target price and recommendation on Ab Dynamics PLC (LON:ABDP). Thanks to a growing portfolio of unique testing products that are critical to developing and launching increasingly sophisticated autonomous driving in shortest possible time,