Biome Technologies plc (LON:BIOM), a leading bioplastics and radio frequency technology business, has announced that its RF Technologies division (www.stanelcorftechnologies.com) has been awarded a contract to upgrade advanced analytical equipment that it has supplied previously. This analytical equipment is based on the Group’s induction heating technology and was provided to an organisation in a UK regulated industry sector following a contract announced on 24 March 2014.
This new contract is for the supply of specific equipment upgrades, to the value of £193,000 and follows an initial design and scoping phase of £50,000 carried out in recent months. The majority of revenue recognition is expected in 2025 and does not change the Board’s view of expectations for that year.
Biome Technologies plc is an AIM listed, growth-orientated, commercially driven technology group. Our strategy is founded on building market-leading positions based on patented technology and serving international customers in valuable market sectors.
