Haydale (LON:HAYD) and the Welsh Centre for Printing and Coating are now contracted to develop wearable advanced technology. Indeed, the English Institute of Sport (EIS) awarded the contract, which will develop wearable technology for 2020 Olympic and Paralympic athletes.

The apparel range for elite athletes will incorporate flexible, printable coatings and Haydale’s advanced materials. In fact, during the run up to 2020, athletes will wear the clothing during training and competitions.

Director of Performance and Innovation for the English Institute of Sport, Dr Matt Parker, said:

“The EIS performance innovation team is continually looking for external expertise that can help us optimise athlete performance,”

“We believe the partnership with Haydale and WCPC will allow us at the EIS to make significant advances in our use of wearable technologies.”

Additionally, the EIS is “delighted” to be working with Haydale and the Welsh Centre for Printing and Coating.

At 12:35 BST Haydale shares were trading at -1.65%.