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Well done DVRG, excellent news, just the start of the journey. Production been ramped up to 200 units a month shortly and this is with out the China resources deal. I wonder how many they could produce then.
(Fist pump in the air) Very happy with the RNS. Well done to all at Deepverge!
Great to see snd although frustrating at times it’s impressive to see shipments roll off. Well done to GB and team. I’m surprised they haven’t made more of the fact this is currently the only solution that can do this on real time. Let’s get the China deal sorted and it’s really off to the races.
Well done all at Deepverge. Onwards and upwards, please.
Got to say from a personal perspective, I’m very relieved. Hopefully not too long to get back over 30p and pushing on. (29p average, after recent top ups, so I would say that).
Congratulations to all the staff at Deepverge - https://www.deepverge.com/
https://www.modernwater.com/
All the best
Wow! well done!
So if these units are "being shipped to the UK, India and China" it wouldn't be unreasonable to expect further news shortly for Ireland?
Same again for sales (bit more actually) can be expected soon if expectations from AGM document are met (always possible to slip a bit...). Crudely dividing sales figure by 50k to get that conclusion.
This is major commercial traction for the PD technology. China & India are huge markets to break into…well done GB & team.
Should send a few of the persistent derampers on here scurrying back to their holes….LOL.
Very impressive. Well done to the Deepverge Team. Should get the share price moving in the right direction ... against such a huge potential market.
Brilliant stuff!!
No more speculation, it's there in black and white, UK, China and India.
No wonder they're planning for production of 200 MictroxPD's a month.
Well done Gerry and team.
Fantastic......!
well done Deepverge and Modern Water....... :)
All the best (your on the ball dafad, ya just beat the red dot here..... :()
Deepverge (LSE:DVRG)
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Thursday 21 October 2021
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RNS Number : 7362P
Deepverge PLC
21 October 2021
21 October 2021
DeepVerge PLC
("DeepVerge" or "Company")
Second Generation Microtox(R) PD[i] pandemic response equipment shipping to UK, China and India
Modern Water, a division of DeepVerge (AIM: DVRG) announces GBP2.2m worth of new orders for newly enhanced monitoring equipment with upgraded software which are being shipped to the UK, India and China to meet customer and partner obligations for delivery in this financial year.
Initial shipments of Pandemic Response Equipment
The shipments include upgraded Microtox(R) toxicity monitoring, new models of the Microtox(R) PD range for SARS-CoV-2 and other pathogen monitoring as well as Microsaic mass spectrometer equipment to monitor forever chemicals and contaminants of emerging concern.
New software, data management capability, dashboards, encryption, and new AI models are fully integrated as part of the shipped solutions that offer three levels of surveillance:
1. Traditional pollution - toxicity and heavy metals
2. Pandemic surveillance, and
3. PFASs - "Forever Chemicals" (Per- and Polyfluoroalkyl Substances)
Gerry Brandon CEO of DeepVerge plc commented:
"Just 11 months following the Modern Water acquisition, DeepVerge is shipping 2(nd) generation real-time pandemic response equipment with SARS-CoV-2 detection fully integrated to meet initial customer demand after the successful demonstration of Phase III field trials announced in our RNS[ii] of 24 June 2021.
"The success of the DeepVerge new product division, based in York, UK and Cork, Ireland, is a credit to the teams working across the Group who have delivered more than could have been hoped for when we announced the data science, physics and epidemiology centre of excellence in the RNS[iii] of 6 May 2021. As a result, we now have upgraded Microtox equipment with the capability to monitor COVID-19 in real-time and other pathogens as well as pollutants, being shipped across three continents."
DeepVerge New Product Development in Cork, Ireland
The equipment was assembled in DeepVerge's product development facility in Cork, Ireland which has been up and running for the past six months. The new generation of Modern Water surveillance solutions also come with enhanced data generation capability and AI learning that allows added value extrapolation of data being delivered in real-time.
This new facility gives DeepVerge control of final assembly and Quality Assurance as well as providing a world serving logistics centre that includes the EU, China, and India with delivery of the solutions to national and provincial government and state controlled utilities. It will play a vital part in the worldwide supply chain being developed with existing partners and develop new manufacturing partnerships in China.