Sigma Precision Components has gained government funding to help finance and develop composite drive shafts for aerospace use.
The Hinkley based company has received £1.6 million in total to fund their latest project, which is supported by MOOG Aircraft Group from Wolverhampton and the University of Manchester. The money breaks down as a loan of £300,000 and a grant of £700,000 from the Government’s Advanced Manufacturing Supply Chain Initiative (AMSCI). The initiative has…
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