Anyone following this company see this announcement today. Surely this can only add value to the stock...
Im new to investing so cant work out if current valuation is a buy but things are looking to take off. pardon the pun

PWR Holdings Limited (PWR) is pleased to advise it is now certified to AS9100. This is an aerospace and defence standard released by the International Aerospace Quality Group, based on the internationally recognised standard, ISO 9001. For defence and aerospace customers, PWR manufactures products such as bar and plate coolers, micromatrix coolers and cold plate coolers, backed up by processes such as CT scanning and additive manufacturing (3D printing aluminium). PWR Managing Director Kees Weel said, “PWR is well positioned, due its significant investment and experience in manufacturing cooling components for the motorsports industry, to expand its manufacturing capacity for the aerospace and defence industry. Our strategic objective, to leverage our knowledge and expertise into this sector, has taken a significant step forward with the achievement of AS9100 certification (Rev D). This is a true reflection of the quality of the processes we have built in-house to support our growing aerospace and defence capability.