London Stock Exchange today welcomes RC Fornax, the UK-based, highly accredited engineering consultancy, to AIM following its successful fundraising and admission to trading. RC Fornax’s ordinary shares will trade under the ticker “RCFX”, with dealings having commenced at 08:00 BST on 5 February 2025.

RC Fornax is a specialist provider of high-impact work package solutions for critical military platforms, delivering outcome-driven engineering services under Statements of Work (SoW). Founded by two ex-RAF engineers who spotted deficiencies in the existing outsourced contract defence market, the company has rapidly established itself as a trusted partner to leading defence primes, supporting vital national security projects.

The demand for advanced engineering solutions in the defence sector continues to grow, driven by the need for greater efficiency, compliance, and technological innovation. RC Fornax is positioned at the forefront of this transformation, helping customers transition from traditional labour-based contracts to fully managed, outcome-focused services. The company is also well-placed to support the UK Ministry of Defence’s (MoD) commitment to increasing SME integration and shortening supply chains, ensuring more agile and cost-effective project delivery.

RC Fornax’s admission to AIM follows a £6.15 million fundraising, which included a placing of 18,924, 610 new and existing Ordinary shares with certain institutional and other investors. The strong investor interest in the placing underscores the confidence in RC Fornax’s growth potential and its role as a market-disruptive solutions provider in the defence sector.

The proceeds of the fundraise will enable RC Fornax to accelerate its expansion strategy, including the development of its cutting-edge artificial intelligence tool, Project FAS-G (Fornax Automatic Statement of Work Generator), designed to streamline and enhance the delivery of SoW. Additionally, the funding will support the expansion of engineering and training capabilities and the scaling of the sales and marketing teams.