Quickstep rejects offer as not reflecting company value

Aerospace composites manufacturer Quickstep has rejected as inadequate a takeover offer tabled on Thursday by a group of Australian defence contractors represented by ASDAM Operations, a company majority owned by CPE Capital. CPE Capital specialises in growing mid-sized businesses by providing development capital, and has investments in a wide range of businesses, including manufacturers. ASDAM…

Quickstep and RMIT study braiding for composite manufacture

A study by composites manufacturer Quickstep Technologies and RMIT University has concluded that braiding technology offers an opportunity to enhance the production rate of composite structures for eVTOL UAS applications. A collaboration between Quickstep, RMIT and the Defence Science Institute studied the use of advanced composite manufacturing methodology — braiding — to produce the primary…

Mark Burgess to leave Quickstep, Demi Stefanova is interim CEO

Long servicing CEO and Managing Director and board member Mark Burgess is to leave composites manufacturer Quickstep to pursue other opportunities, according to the Sydney company. The company’s Chief Operating Officer Demi Stefanova will assume the role of Interim Chief Executive Officer, effective immediately. The Chair of Quickstep Patrick Largier said: “The evolving aerospace market…