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Desert Control AS ( (DE:8KT) ) has issued an update.
Desert Control AS reported significant operational and financial developments in its third-quarter report for 2025. The company achieved notable irrigation savings with its first Pay-As-You-Save client and launched almond pilots in California to enhance water-use efficiency. In Saudi Arabia and the UAE, Desert Control advanced its research and commercialization efforts, demonstrating significant improvements in water retention and nutrient gains. Financially, the company strengthened its balance sheet with a NOK 75 million rights issue, although revenue remained modest due to the structure of U.S. contracts. The company anticipates revenue realization in the fourth quarter as customer validation milestones are achieved.
More about Desert Control AS
Desert Control develops innovative solutions to enhance soil health, conserve water, and promote ecosystem resilience. Their proprietary Liquid Natural Clay (LNC) technology allows sandy soils to retain water and nutrients, improving soil health, crop yields, and ecosystem vitality while conserving water. The company provides customized solutions to strengthen sustainability, profitability, and prosperity for agriculture, forests, and green landscapes.
Average Trading Volume: 1,066,010
Current Market Cap: NOK256.6M
See more insights into 8KT stock on TipRanks’ Stock Analysis page.