TransMedics Acquires A Fixed-wing Aircraft From Munday Aviation, LLC For Purchase Price Of Approximately $13.2M On December 18, 2023 - Filing
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TransMedics has acquired a fixed-wing aircraft from Munday Aviation, LLC for approximately $13.2M on December 18, 2023, as disclosed in a filing. This acquisition adds to the nine aircraft previously acquired by the company, bringing the total to ten. These aircraft will be used to transport donor organs.
December 19, 2023 | 9:27 pm
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TransMedics has expanded its logistics capabilities by acquiring an additional aircraft for organ transport, bringing its total fleet to ten.
The acquisition of an additional aircraft is likely to enhance TransMedics' operational capacity for organ transport, which could improve service delivery and potentially increase revenue. This strategic asset acquisition is directly related to the company's core business and could be viewed positively by investors, potentially leading to a short-term uptick in the stock price.
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