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Hardide plc announced on 14 September 2026 that its North American Energy Sector customer placed its first production orders for newly developed second-generation design components. This initial order is valued at approximately $1.9 million and is scheduled for delivery in the first two months of the new financial year commencing 1 October 2026 (FY27). Production of these components will be split equally between Hardide's UK and US facilities.
| Date | 14 Sept 2026 |
| Time | 07:00:11 |
| Category | Miscellaneous |
| ID | 5377U |
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
14 September 2026
Hardide plc
(“Hardide”, the “Group” or the “Company”)
First Production Order for Second-Generation Energy Components
Hardide plc (AIM: HDD), the provider of advanced surface coating technology, is pleased to announce that its North American Energy Sector customer has placed its first production orders for a newly developed second-generation design of components.
These new orders will be completed alongside the previously announced first-generation design orders. As FY27 progresses, the second-generation components are expected to become the majority of parts processed for this customer, with further orders expected in due course. This initial order is valued at approximately $1.9m and is scheduled for delivery in the first two months of our new financial year commencing on 1 October 2026 (FY27).
These components will continue to be supplied from the Group’s UK and US facilities, with production split equally between the two sites.
Matt Hamblin, CEO, commented:
“We are delighted with this initial order and the continued confidence our customer has in our technology and capability to supply high volume products to the energy sector. We are pleased to be chosen as the primary coating solution on this component within the second-generation of tool design and look forward to supporting the programme for many years to come. This order is in line with Board’s expectations for FY27, with further orders anticipated, which provides confidence for significant future growth.”
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Hardide plc Matt Hamblin (CEO) Simon Hallam (Finance Director)
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Tel: +44 (0) 1869 353 830 |
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Cavendish Capital Markets Ltd - Nominated Adviser and Broker Henrik Persson / Elysia Bough (Corporate Finance) Jasper Berry / Dale Bellis (Sales)
IFC Advisory
Graham Herring Tim Metcalfe |
Tel: +44 (0) 2072 200 500
Tel +44 (0)20 3934 6633 |
Notes to editors:
Hardide develops, manufactures and applies advanced technology tungsten carbide/tungsten metal matrix coatings to a wide range of engineering components. Its patented technology is unique in combining in one material, a mix of toughness and resistance to abrasion, erosion and corrosion; together with the ability to coat accurately interior surfaces and complex geometries. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments. This results in cost savings through reduced downtime and increased operational efficiency as well as a reduced carbon footprint. Customers include leading companies operating in the energy sectors, valve and pump manufacturing, industrial gas turbine, precision engineering and aerospace industries.