Why Is PMGC Holdings Stock Gaining Thursday?

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AGA Precision Systems, a unit of PMGC Holdings Inc. (NASDAQ:ELAB), said on Thursday it has signed a new long-term agreement with a Tier 1 aerospace and defense company to supply precision CNC components.

The multi-year deal formalizes an ongoing relationship and includes commitments on quality, delivery, and pricing for mission-critical programs. It follows a similar agreement announced on March 31, 2026, with Turbo-Jet Products Co., Inc.

AGA said the contract strengthens its position in the U.S. defense supply chain and supports recurring revenue potential. The customer’s identity was not disclosed due to confidentiality and ITAR requirements.

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PMGC Holdings is …

Full story available on Benzinga.com

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