RE: good for MSYS' new business?29 Mar 2023 11:28
DJB,
I share your concerns fwiw, however we were told by the company in Sept 2022 that:
1st half revenues were £735k
April 2022
Launch of Microsaic Services Division providing integrated solutions in science and engineering services that include analytical and AI software service programmes designed for the medical device, environmental, aerospace and food industries
New manufacturing services framework and an initial contract worth £400k with Innovenn UK Limited, a division of DeepVerge plc, supplying services for multi-sensor upgrades of environmental and human health diagnostic equipment.
August 2022
Microsaic appointed as an Authorised Partner for Kingfield Electronics Limited ("Kingfield") for front-end research, development, and engineering product development in scientific instrumentation and micro-engineering adding these complementary services to Kingfield's existing electronics aerospace, defence, and process and scientific instrumentation clients.
Ireland, UK, Japan and USA Monitoring
International deployment of Microsaic's products and services in applications such as water monitoring of chemicals and pathogens continues to expand. Units have been installed in Ireland and the UK and are being shipped to Japan and the US for installation during H2 2022
Order Book Outlook
The Board expects the solid sales momentum noted in H1 to continue through H2.