Med-tech company Orthos has launched a bone substitute after receiving a funding boost to back its skeletal injury product development.

Lighting technology firm, the Enfis Group, saw a huge boost to its share price yesterday, after announcing its biggest contract win in two years. The Swansea company – which is listed on the Alternative Investment Market – has secured a contract to supply LED arrays and drivers for the NBA Stadium under construction in Guangzhou, China, for the Asian Games showcase in November.

Airbus' latest aircraft is to become the backbone of Cathay Pacific Airways’ fleet. The Hong Kong-based airline has signalled its intent to order 30 Airbus A350XWB aircraft in a $6 billion deal.

Wales could at last be taking the lead when it comes to renewable energy thanks to the go- ahead for trials of an undersea tidal power scheme off Pembrokeshire.

Airbus parent company EADS is planning to increase jetliner production after a spate of new orders raised hopes of an end to a steep industry recession.

EADS, parent of plane-maker Airbus, has said it is confident that it is over a two-year dip and says it is "more comfortable for the full year now".

A Company developing high-value products in the medical dressings and wound healing fields has open a new base in Tredegar, Blaenau Gwent.

This year could not have started better for South Wales parachute manufacturer Airborne Systems Europe. The Llangeinor-based company secured a lucrative £50m contract with the French Ministry of Defence.