Micromem Technologies (TSE:MRM) has released an update.
Micromem Technologies Inc. is set to ship the first ARTRA unit for field testing to a client other than Chevron in mid-October 2024, following an earlier announcement that it has acquired engineering patents for an innovative automated sampler system. The company, known for developing sensor applications across various industries, is working on a new ‘Configuration 2’ device designed for real-time sample collection in natural gas wells, aiming to expand its market opportunities.
For further insights into TSE:MRM stock, check out TipRanks’ Stock Analysis page.