Warwick Acoustics Update

Summary by AI BETAClose X

Mercia Asset Management PLC announced that its direct portfolio company, Warwick Acoustics, is supplying components for the world's first automotive electrostatic audio system, the "SV Electrostatic Sound," launched by Range Rover. This marks a significant commercial milestone for Warwick Acoustics after over a decade of technology development and Mercia's strategic support. Mercia holds a 30.7% fully diluted direct stake in Warwick Acoustics, which is one of Mercia's largest direct investment holdings.

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