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IN BRIEF: Biome Technologies unit wins GBP435,000 contract

16th Dec 2021 20:21

Biome Technologies PLC - Southampton, Hampshire-based biodegradable plastics and radio frequency systems - Says Stanelco RF Technologies unit wins GBP435,000 radio frequency heating systems contract with unnamed medical corporation.

Chief Executive Officer Paul Mines comments: "This new contract win in the medical space is a significant achievement for the team and comes after the division's recent contract of GBP247,000 for two fibre optic furnaces also for the first half of 2022. This new medical contract is reflective of the increase in enquiry activity noted in previous announcements and is a substantial step in the division's continued efforts to increase its range of applications beyond fibre optics".

Current stock price: 315.00 pence

Year-to-date change: up 31%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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