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Umbra Applied Technologies Group Inc: UAT Group Inc, Acquires 20% of Next Casting Technologies - Vimarsana News

Umbra Applied Technologies Group Inc: UAT Group Inc, Acquires 20% of Next Casting Technologies

Umbra Applied Technologies Group Inc: UAT Group Inc, Acquires 20% of Next Casting Technologies Tampa, Florida--(Newsfile Corp. - March 4, 2021) - Umbra Applied Technologies Group, Inc (OTC Pink: UATG) announced today that it has purchased 20% of the Austin, Texas based medical company Next Casting Technologies. The global orthopedic casting, splinting, braces and support market was valued at US $4.6 billion in 2015 and is expected to reach US $7.9 billion by 2024, at a CAGR of 6.4%. Next Casting Technologies has projected its first-year revenues to be $16.1M once it launches with a five-year...