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Share PricesMetir Plc Share PriceMetir Plc Share NewsMetir shares rise as it advances PFAS detection platform
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0.80
0.125 (18.52%)
Bid: 0.75Ask: 0.85
Spread: 0.10 (13.333%)Market Cap: £3.55m
MET Live PriceLast checked at 10:55:50London Stock Exchange
Metir shares rise as it advances PFAS detection platform
Thu, 04th Jun 2026 10:47
Sharecast News
(Sharecast News) - Metir said on Thursday that it had made several strategic advances in the commercial development of its proprietary PFAS detection platform, including its first commercial sale in the US, UK field-testing plans, artificial intelligence integration work and full ownership of related testing intellectual property.
The AIM-traded water and environmental monitoring technology company said it had completed the first commercial sale of a PFAS detector unit to Nasdaq-listed Veralto, a US water and product quality solutions group with a market capitalisation of about $20bn.
The transaction was structured on a lease-to-purchase basis.
Metir said the system was expected to be deployed within Veralto's water quality operations to evaluate its performance in commercial applications and its potential for broader market deployment to Veralto's global client base.
The company also said it was assessing commercial development opportunities with ProDecon Services, a UK PFAS decontamination specialist, for field testing of its PFAS detection platform.
The joint programme was expected to start in the third quarter of 2026 and would generate operational data to support further optimisation of the platform and potential commercial development in the UK remediation and decontamination market.
Metir has also signed a memorandum of understanding with Spain-based FIDCHEM, a developer of water treatment technologies targeting PFAS and other environmental contaminants.
Under the agreement, the companies will evaluate each other's PFAS technologies, primarily for the European market, and explore the integration of FIDCHEM's machine learning software with Metir's testing platform.
The company said the AI and machine learning functionality was intended to simplify data output and interpretation, reducing the level of specialist expertise required to operate the platform and enabling wider field deployment.
Metir also said it had agreed with Swansea University to transfer full