What Happened
Strategic Partnership Expands Aerospace Manufacturing Capacity
PMGC Holdings Inc. has announced a strategic investment in Precision Aerospace & Defense Group and a long-term aerospace and defense manufacturing agreement through its subsidiary A&B Aerospace Inc. The two-year renewable agreement establishes A&B Aerospace as a precision manufacturing supplier to PAD Group and its subsidiaries, enabling support for U.S. federal government prime contracts. PMGC also invested $500,000 in PAD Group’s Series F Convertible Preferred Stock, according to The Manila Times.