We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDVRG.L Share News (DVRG)

  • There is currently no data for DVRG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: DeepVerge signs deal to monitor water supply in Qatar

Mon, 18th Jul 2022 09:50

DeepVerge PLC - Dublin-based environmental and life science group - Says subsidiary Modern Water has signed a GBP1.4 million deal to monitor water supply ahead of 2022 FIFA World Cup in Qatar. It says the 27 fully integrated Microtox solutions will monitor water toxicity and pollution in the Qatar region. DeepVerge says the deal is "the largest single order in Modern Water's 38 year history".

Chief Executive Officer Gerard Brandon says: "Modern Water Microtox has been the gold standard for testing water toxicity for thirty eight years. The AI-based smart networked monitoring solution will be shipped to Qatar to continue a Modern Water tradition of monitoring water supplies at some of the largest sports events in the world, adding the 2022 FIFA World Cup to the eight Olympic cities associated with Microtox since the Los Angeles, CA, Olympics in 1984."

The Microtox CTM is a site-based continuous toxicity monitor giving real-time feedback on the state of water health from the source. DeepVerge adds that the deal is additional to the GBP3 million or order in the second quarter of 2022 for China and South Asia.

Current stock price: 11.68 pence, down 9.5%

12-month change: up sharply from 0.28 pence

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
19 Jan 2022 16:52

TRADING UPDATES: In The Style in fashion; East Imperial toasts US deal

TRADING UPDATES: In The Style in fashion; East Imperial toasts US deal

Read more
11 Jan 2022 11:55

Revenue doubles at DeepVerge but stock sinks on widened loss

Revenue doubles at DeepVerge but stock sinks on widened loss

Read more
6 Jan 2022 13:30

IN BRIEF: Deepverge installs water testing units for Winter Olympics

IN BRIEF: Deepverge installs water testing units for Winter Olympics

Read more
13 Dec 2021 18:06

IN BRIEF: DeepVerge amends commercial deal with Microsaic Systems

IN BRIEF: DeepVerge amends commercial deal with Microsaic Systems

Read more
10 Dec 2021 15:03

TRADING UPDATES: Omega disputes repayment; BWA applies for licenses

TRADING UPDATES: Omega disputes repayment; BWA applies for licenses

Read more
10 Dec 2021 11:04

DeepVerge subsidiary develops new version of Covid-19 wastewater test

(Sharecast News) - DeepVerge said on Friday that its Modern Water subsidiary has completed the development of its third-generation compact 'Microtox PD' Covid-19 detection system, which was now scheduled to launch in the first quarter of 2022.

Read more
4 Nov 2021 19:25

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

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

Read more
28 Oct 2021 18:03

TRADING UPDATES: Lamprell placing; Virgin Wines stocked for Christmas

TRADING UPDATES: Lamprell placing; Virgin Wines stocked for Christmas

Read more
28 Oct 2021 11:42

AIM WINNERS & LOSERS: Vast Resources falls after discounted placing

AIM WINNERS & LOSERS: Vast Resources falls after discounted placing

Read more
21 Oct 2021 17:42

IN BRIEF: DeepVerge shares rise as Modern Water gains new orders

IN BRIEF: DeepVerge shares rise as Modern Water gains new orders

Read more
21 Oct 2021 10:51

AIM WINNERS & LOSERS: Cyanconnode extends gains; Tekmar cost pressure

AIM WINNERS & LOSERS: Cyanconnode extends gains; Tekmar cost pressure

Read more
6 Oct 2021 18:21

IN BRIEF: DeepVerge teams with S4's Media.Monks for brand strategy

IN BRIEF: DeepVerge teams with S4's Media.Monks for brand strategy

Read more
15 Sep 2021 13:59

EARNINGS UPDATES: AMS ups dividend; tinyBuild profit slips after IPO

EARNINGS UPDATES: AMS ups dividend; tinyBuild profit slips after IPO

Read more
23 Aug 2021 17:43

IN BRIEF: Microsaic, DeepVerge pleased with spectrometer collaboration

IN BRIEF: Microsaic, DeepVerge pleased with spectrometer collaboration

Read more
26 Jul 2021 20:23

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.