By Ian Walker

 

Deepverge PLC said Thursday that its enhanced monitoring equipment is to be installed as part of the U.K. Government's national Covid-19 infrastructure trial.

The environmental and life-sciences company said the equipment is worth 480,000 pounds ($659,520) and it expects to get revenue from installations next fiscal year, provided the trial is successful.

The trial is expected to last until the end of February 2022.

The multiple-unit installation consists of six upgraded Microtox toxicity monitoring and new models of the Microtox PD range for SARS-CoV-2 and other pathogen monitoring, Deepverge said.

"Deepverge is well-placed to capitalize on current and future opportunities to work with governments, industries bodies and private companies to create a co-ordinated solution, not only to the current global pandemic but also future health challenges," Chief Executive Gerry Brandon said.

Shares at 0952 GMT were up 2.25 pence, or 8.5%, at 28.75 pence.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

October 28, 2021 06:13 ET (10:13 GMT)

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