Bollène, December 10,2021 – 07 :00am (CET)
Press Release
Egide Group order entry is accelerating in Q4 21,
preparing for continued growth in 2022.
- New customer contracts were secured in 4th quarter 2021, comforting the Egide Group backlog for 2022.
- Egide customers globally unaffected by the current shortage of electronic components
- Egide USA’s Cambridge Plant at Full Production Capacity
- Group enters 2022 with confidence
While the world economy is worried about the resurgence of the epidemic, Egide Group is approaching 2022 with serenity after securing new business engagements these recent weeks.
- In Europe:
- Several orders for a total of €2.4 million revenue in 2022 have been received since October from Defense customers in Israel: multiple new projects which co-development started few years ago with one of Egide’s important customer are now ramping up in volume.
- Historical recurrent customers have globally now placed orders for 2022.
- Egide has successfully produced and delivered its first samples and driving multiple new engagements for next generation high speed communication transceivers. This leading-edge technology is enabled by recent R&D innovations and is expected to ramp in high volume in the upcoming years with support from new modern automated infrastructures.
- In the US:
- Following the return to full production capacity at its Cambridge site, Egide USA’s HTCC ceramics order book has recovered with close to $1 million, including two new customers
- A…
