focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBatm Advanced Regulatory News (BVC)

Share Price Information for Batm Advanced (BVC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 18.575
Bid: 18.05
Ask: 19.10
Change: 0.075 (0.41%)
Spread: 1.05 (5.817%)
Open: 18.50
High: 0.00
Low: 0.00
Prev. Close: 18.575
BVC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Launch of mobile agri-waste treatment solution

7 Mar 2017 07:00

RNS Number : 6790Y
BATM Advanced Communications Ld
07 March 2017
 

7 March 2017

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

BATM launches World's first Mobile Agri-Waste Solution and Wins $2.5m Contract

 

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, is pleased to announce that its Pathogenic Waste Treatment and Sterilisation unit has launched the world's first mobile agri-waste treatment solution and has been awarded a contract worth $2.5m. BATM has received an advance payment of $1m with delivery of the product expected to commence during H2 2017 and due to complete in Q1 2018.

 

The contract is for the delivery of a mobile unit giving the customer the ability to deploy the solution for the safe disposal of mass poultry affected by disease and illness. Poultry affected by disease and illness cannot be transported from their location and are disposed of on-site either via burning or burial. The treatment process is completely eco-friendly with no hazardous materials or chemicals used and creates no odour.

 

This order follows the successful installation and operation over the last several months of an agri-waste treatment solution at a major rendering site. BATM received two significant orders for stationary units, one for treating poultry and another contract to treat bovine remains. Both contracts are advancing well with full commercial deployment of the first one expected in H1 2017.

 

BATM's agri-waste treatment solutions utilise the Group's proprietary medical sterilisation solution ("ISS") in the rendering process, allowing the safe treatment of animal remains to generate valuable protein and fat. These proteins and fats can be used for animal or fish food and provide an additional source of revenue for the Group's customers.

 

Dr. Zvi Marom, CEO of BATM, said: "We are very pleased to have received this significant order for our mobile agri-waste treatment solution from such a major customer. Our agri-waste solution is unique and, in addition to its cost advantages and savings, provides a perfect ecological solution. We believe that making our solution mobile presents our customers with a new, efficient and eco-friendly way of dealing with animal diseases.

 

"Our ISS technology has become the leading biologic and pathogenic waste solution in the medical market and is now deployed by more than 400 hospitals. As demonstrated by our agri-waste solutions, we are finding new applications for this technology on a much larger scale in both the biopharma and agricultural fields. Our ISS solution recently received a patent in the US and we expect our agri-waste solution to do the same in due course.

 

"BATM management expects to receive more orders based on the ISS technology this year."

 

 

Enquiries:

 

BATM Advanced Communications

 

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Moti Nagar, Chief Financial Officer

 

 

 

finnCap

 

Stuart Andrews, Scott Mathieson

+44 20 7220 0500

 

 

Shore Capital

 

Mark Percy, Anita Ghanekar

+44 20 7408 4050 

 

 

Luther Pendragon

 

Harry Chathli, Claire Norbury

+44 20 7618 9100

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLFFELVFIRIID
Date   Source Headline
6th Nov 20139:56 amRNSHolding(s) in Company
15th Oct 20137:00 amRNSInterim Management Statement
9th Oct 20131:35 pmRNSHolding(s) in Company
8th Oct 20139:47 amRNSBATM to join three Tel-Aviv stock exchange indexes
9th Sep 20138:32 amRNSHolding(s) in Company
22nd Aug 20139:59 amRNSDirectorate Change
16th Aug 20133:51 pmRNSResult of AGM
12th Aug 20137:00 amRNSInterim results
2nd Aug 20134:35 pmRNSPrice Monitoring Extension
1st Aug 20138:41 amRNSHolding(s) in Company
31st Jul 201310:48 amRNSNotice of Results
25th Jul 20133:45 pmRNSNotice of AGM
12th Jul 20137:00 amRNSFinancial Closing of Consortium Agreement
10th Jul 201310:14 amRNSHolding(s) in Company
17th Jun 201311:00 amRNSBATM Wins Israel Infrastructure Contract
14th Jun 20137:00 amRNSCapital Markets Day
11th Jun 20134:40 pmRNSSecond Price Monitoring Extn
11th Jun 20134:35 pmRNSPrice Monitoring Extension
10th Jun 20134:40 pmRNSSecond Price Monitoring Extn
10th Jun 20134:35 pmRNSPrice Monitoring Extension
6th Jun 201312:42 pmRNSDirector Share Purchase
6th Jun 201312:35 pmRNSHolding(s) in Company
6th Jun 20137:00 amRNSTrading Statement
21st May 20137:00 amRNSHolding(s) in Company
8th May 20133:25 pmRNSHolding(s) in Company
2nd May 20137:00 amRNSInterim Management Statement
30th Apr 201312:00 pmRNSAnnual Financial Report
25th Mar 20137:00 amRNSBATM wins contract in South Korea
18th Feb 201312:19 pmRNSHolding(s) in Company
18th Feb 20137:00 amRNSFinal Results
13th Feb 20137:00 amRNSNotice of Results
30th Jan 20132:00 pmRNSBATM awarded Carrier Ethernet 2.0 certification
22nd Jan 20138:08 amRNSHolding(s) in Company
18th Jan 20137:00 amRNSInvestor Site Visit
8th Jan 201311:19 amRNSHolding(s) in Company
31st Dec 201212:48 pmRNSTotal Voting Rights
21st Dec 20123:11 pmRNSHolding(s) in Company
30th Nov 20128:47 amRNSHolding(s) in Company
5th Nov 20127:00 amRNSInterim Management Statement
17th Oct 20127:00 amRNSNew client wins for BATM
10th Oct 20124:03 pmRNSDirector/PDMR Shareholding
5th Oct 20127:00 amRNSTotal Voting Rights
21st Sep 20127:00 amRNSHolding(s) in Company
11th Sep 20127:00 amRNSBATM to dual list on TASE
6th Sep 20129:56 amRNSHolding(s) in Company
22nd Aug 20124:40 pmRNSSecond Price Monitoring Extn
22nd Aug 20124:35 pmRNSPrice Monitoring Extension
16th Aug 20127:00 amRNSInterim Results
8th Aug 20122:49 pmRNSElection of Home State
24th Jul 20127:00 amRNSNotice of Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.