MYCELX Secures PFAS Treatment Contract with U.S. Department of Defense

The latest update is out from MyCelx Technologies ( (GB:MYX) ).

MYCELX Technologies Corporation has secured a short-term rental contract with the U.S. Department of Defense for a mobile PFAS treatment system to address groundwater contamination in North Dakota. This contract, which may extend beyond its initial three-month term, demonstrates the company’s growing reputation for effective PFAS remediation solutions. The project includes in-house treatability analysis to enhance system performance, reflecting MYCELX’s strategic positioning in the market. The involvement with the DoD not only supports the company’s revenue forecasts for 2025 but also strengthens its portfolio of reference projects, potentially leading to more contracts as the demand for PFAS cleanup solutions increases.

More about MyCelx Technologies

MYCELX Technologies Corporation is a company specializing in clean water and clean air technology solutions. It focuses on providing innovative solutions for environmental challenges, particularly in the area of PFAS remediation, and has a market focus that includes major clients like the U.S. Department of Defense.

YTD Price Performance: -36.99%

Average Trading Volume: 24,209

Technical Sentiment Signal: Buy

Current Market Cap: £5.29M

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