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An announcement from Microsaic Systems ( (GB:MET) ) is now available.
Metir plc has successfully completed a fundraising effort to raise up to £850,000 to support its growth and move towards profitability. The funds will be used to enhance working capital, integrate specialist software with its Continuous Toxic Monitoring machines, and advance its novel Pathogen Detector for rapid detection of pathogens in water. This strategic financial move aims to expand Metir’s capabilities in large-scale water monitoring projects and optimize its market-leading PFAS technology, thereby strengthening its position in the public health and environmental sectors.
More about Microsaic Systems
Metir plc is an international developer and provider of testing solutions, specializing in microelectronics instrumentation for public health and environmental markets. The company focuses on analytical testing and has integrated assets from Modern Water with Microsaic Systems’ technologies.
Average Trading Volume: 727,695
Technical Sentiment Signal: Sell
Current Market Cap: £1.16M
See more insights into MET stock on TipRanks’ Stock Analysis page.