By Ian Walker
MyCelx Technologies said Monday that it has been awarded a contract with a new Middle East customer that is expected to generate $1 million in revenue this year and supports the company’s forecast for 2023.
The London-listed clean-water technology company didn’t name the new customer.
“Our patented technology together with our extensive local experience have ensured Mycelx is recognized by waste management companies as a leading technology solution provider for industrial water treatment,” Chief Executive Connie Mixon said.
Shares at 1343 GMT were up 1.50 pence, or 4.8%, at 32.50 pence.
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