Aquirian Limited (AU:AQN) has released an update.
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Aquirian Limited reported a robust business update with a 24.6% increase in quarterly revenue to $7.2 million and a strong balance sheet, as the company focuses on its strategic energetics and technology pillars. The Wubin Emulsion Facility has successfully restarted, with production ramping up and expected annual revenue from one deal alone in the range of $5-6 million. The firm’s proprietary Collar Keeper® System is gaining traction, with a grant received to advance its automation and field trials for a new manual system underway.
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