The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRMS.L Share News (RMS)

  • There is currently no data for RMS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Remote Monitored Systems investee launches shaft alignment product

Thu, 24th Oct 2019 15:49

(Sharecast News) - Remote Monitored Systems on Thursday announced that its 58% owned investee GyroMetric Systems has developed and launched its Absolute Dynamic Shaft Alignment (ADSA) system.
The system enables any builder or other operator of large rotating equipment to install GyroMetric's equipment and use it to align shafts initially, with the technology then left to monitor conditions and correct shaft placement when misalignment occurs.

The AIM traded company said ADSA was the world's first system capable of performing initial absolute alignment as well as continuous dynamic monitoring of relative alignment of rotating machinery.

Executive director, Trevor Brown, said "GyroMetric's new ADSA system has the potential to transform the alignment and monitoring of rotating machinery, resulting in significant reductions in operating costs and improved failure prevention in many industrial applications.

"This is an exciting development, building on the success of GyroMetric's existing Incremental Motion Encoder technology."

Remote Monitored Systems shares were down 10.28% at 0.48p at 1550 BST.
More News
20 Aug 2021 11:21

Remote Monitored Systems unit signs Anglo-Indian Pro-Larva mask deal

Remote Monitored Systems unit signs Anglo-Indian Pro-Larva mask deal

Read more
20 Aug 2021 11:13

AIM WINNERS & LOSERS: Tiziana plans switch to US; Vertu ups guidance

AIM WINNERS & LOSERS: Tiziana plans switch to US; Vertu ups guidance

Read more
17 Aug 2021 15:52

IN BRIEF: Remote Monitored Systems plans to readjust strategy

IN BRIEF: Remote Monitored Systems plans to readjust strategy

Read more
10 Aug 2021 16:07

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
23 Jul 2021 12:22

Remote Monitored Systems interim sales uninspiring but remains upbeat

Remote Monitored Systems interim sales uninspiring but remains upbeat

Read more
23 Jul 2021 10:29

AIM WINNERS & LOSERS: Simec Atlantis shareholder back in Gupta control

AIM WINNERS & LOSERS: Simec Atlantis shareholder back in Gupta control

Read more
25 Jun 2021 16:35

TRADING UPDATES: Arkle 2020 loss widens; Arc, Safestay delay results

TRADING UPDATES: Arkle 2020 loss widens; Arc, Safestay delay results

Read more
21 Jun 2021 21:25

IN BRIEF: Remote Monitored Systems signs new hydroponics agreement

IN BRIEF: Remote Monitored Systems signs new hydroponics agreement

Read more
21 Jun 2021 09:52

Remote Monitored Systems signs hydroponics deal with PIC

(Sharecast News) - Remote Monitored Systems has signed an agreement with PIC Consultants, it announced on Monday, to supply a new range of high-grade retail hydroponic nutrients for distribution into the UK hydroponics market.

Read more
9 Jun 2021 10:37

AIM WINNERS & LOSERS: Clinigen shares dive as earnings outlook lowered

AIM WINNERS & LOSERS: Clinigen shares dive as earnings outlook lowered

Read more
9 Jun 2021 10:30

Remote Monitored agrees to return control of Gyrometric Systems

(Sharecast News) - Remote Monitored Systems announced on Wednesday that, alongside Braveheart Investment Group, it has agreed to return control of Gyrometric Systems to its founders David Orton, Dr Paul Orton and Dr Janet Poliakoff by transferring their shares to the founders for nominal consideration.

Read more
9 Jun 2021 10:14

Remote Monitored Systems shares plummet amid widened annual loss

Remote Monitored Systems shares plummet amid widened annual loss

Read more
5 May 2021 19:20

TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million

TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million

Read more
5 May 2021 11:32

AIM WINNERS & LOSERS: Botswana Diamonds up on Thorny River discovery

AIM WINNERS & LOSERS: Botswana Diamonds up on Thorny River discovery

Read more
5 May 2021 10:24

Remote Monitored Systems targets sales growth for ProLarva masks

(Sharecast News) - Surveying services company Remote Monitored Systems said on Wednesday that it was on the hunt for a new chief executive and was targeting sales growth for its ProLarva face mask and the development of new products at its Pharm 2 Farm subsidiary.

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.