Nico Steel Holdings Limited Announces Registration of Trademark for its Key Proprietary Aluminium Alloy Materials Nico Al50; Nico Brand Alloy Materials to Provide Shielding Solutions for the Next Five New Models of Drones
Nico brand alloy materials have been selected to provide shielding solutions to Drone Manufacturer for the next five new models of drones to be launched this year. The Group will continue to be the sole metal alloy materials supplier for the shielding solutions to this customer. In addition to the new models which will be progressively launched throughout the year, the Group will continue to produce the metal alloy materials for the shielding solutions for the five models launched last year. The volume of metal alloy materials produced by the Group is expected to increase with the new models that will run concurrently with the existing models. NICO AL50 will be the base material for the selected metal alloy materials to be used for the shielding solutions in these five new models. The recent ramp up in the Group's electroplating production capacity should cater for the increasing demand for the Group's proprietary metal alloys.