Advanced Material Development Ltd. (AMD) announces the successful completion of a deal setting up a new U.S. subsidiary company, Advanced Material Development Inc. (AMD Inc.), to address the worldwide defense and aerospace market.
Based in Austin, Texas, the new company will be headed by Richard Lee as CEO and professor Alan Dalton, AMD’s chief scientific officer, both of whom have relocated to the U.S. to launch the new business. AMD’s worldwide operations for its core non-defense markets will continue to be based in the U.K. As part of the transaction, AMD Inc. also brings in new board members of highly experienced C-Suite U.S. nationals with strong industrial backgrounds.
Pour en savoir plus : AMD to open U.S. subsidiary for defense, aerospace nanotechnology