Surface Transforms announced that it has been notified of its selection as a tier one supplier of a carbon ceramic brake disc to a battery electric vehicle automotive company - previously described by Surface Transforms as "OEM 9". The selection is for Surface Transforms to be the standard fit, sole supplier of the carbon ceramic brake disc on both axles of a new variant of an existing model. The lifetime revenue on this contract is estimated to be approximately £13 million over 5 years.

The Company expects series production to commence in early 2024. The contract is priced in GBP.