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IN BRIEF: Deepverge gets EUR750,000 grant from government of Ireland

4th Nov 2021 19:25

DeepVerge PLC - York, England-based environmental & life science AI company - Says government of Ireland has awarded company EUR750,000 grant as part of a EUR1.8 million project to accelerate design, assembly and mass production of a range of infectious disease and pathogen detection instruments.

Chief Executive Officer Gerard Brandon says: "After extensive due diligence undertaken by Enterprise Ireland, we have secured their financial and global network support to accelerate mass production design to meet the demand of not just the industrial scale Covid-19 pandemic response equipment but to reduce the size and lower the cost of early warning disease monitoring equipment as part of the Digital Health Revolution."

Current stock price: 29.00 pence

Year-to-date change: down 12%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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