other material
confidence high
sentiment positive
materiality 0.65
MV Technologies secures $1.5M in new H2S removal system contracts from utility and food processor
Strategic Environmental & Energy Resources, Inc.
- Two SulfAx™ H2S removal systems (~$1.2M) ordered by a large Northeast utility for dairy RNG projects in NY.
- A $300k purchase order for a second H2SPlus™ system from a Canadian food processor.
- New systems expected to generate ~$500k/year in additional Axtrap™ media sales on top of existing >$1M baseline.
- MV Technologies now has over 140 H2S management projects in its portfolio across North America.