Small Caps News
Braveheart investment buys automated face mask production line
Braveheart Investment Group announced on Friday that Pharm 2 Farm, in which it has a controlling interest, has placed an order for an automated face mask production line, which is expected to be delivered in November and commissioned by the end of December.
Eagle Eye product powering Pret coffee subscription service
Software-as-a-service marketing technology company Eagle Eye announced on Friday that sandwich chain Pret A Manger is using its ‘AIR’ platform for its new coffee subscription service.
GYG signs letter of intent for new-build yacht
Superyacht painting, supply and maintenance company GYG announced the signing of a letter of intent for a 100+ metre new build yacht in Europe on Friday, scheduled to start in the second quarter of 2021.
Kingswood Holdings sees interim revenues surge
Wealth and investment management group Kingswood Holdings said on Friday that interim revenues had shot up despite 2020 being a "challenging and disruptive" year.
Renalytix AI commercially launches KidneyIntelX
Artificial intelligence kidney diagnostics technology company Renalytix AI announced the commercial launch of its ‘KidneyIntelX’ clinical test reporting platform within the Mount Sinai Health System in New York City on Friday.
Empire Metals secures drilling contractor for Eclipse project
Resource exploration and development company Empire Metals has secured a drilling contractor to start the first phase of a two phase drilling programme at the Eclipse Gold Project, it announced on Friday, 55 kilometres north-east of Kalgoorlie in Western Australia, with work scheduled to begin on 28 September.
Intelligent Ultrasound submits FDA filing for AI software
Artificial intelligence-based ultrasound software and simulation company Intelligent Ultrasound has submitted its De Novo filing to the US Food and Drug Administration (FDA), it announced on Friday, for its ‘ScanNav AnatomyGuide Peripheral Nerve Block’ (PNB) artificial intelligence-based software.
AB Dynamics H2 revenues slip amid Covid-19
Testing systems and simulation products manufacturer AB Dynamics said on Friday that it had continued to make "good progress" against its strategic priorities despite seeing second-half revenues slide amid the Covid-19 pandemic.
Trackwise shares rise on new deal worth up to £38m
Printed circuit technology company Trackwise Designs has signed a three-year product manufacture and supply agreement with a UK manufacturer of electric vehicles, it announced on Friday, that has the potential to be worth up to £5m in 2021, and with the expectation of increased revenues in 2022 and 2023.
Polarean Imaging installs research unit at University of Kansas
Medical imaging technology company Polarean Imaging has installed its latest research unit order for a ‘9820 Xenon Polariser’ system at the University of Kansas Medical Center, it announced on Friday.
Falanx secures first contract with US-based MSP
Cybersecurity firm Falanx Group has scored its maiden contract with a US-based managed services provider from the SolarWinds community.
Crimson Tide profits surge in bumper first half
Mobility software company Crimson Tide reported a 40% improvement in turnover in its first half on Friday, to £1. 77, with Sales of £0. 23m and cost of goods sold of £0. 12m recognised due to IFRS 15.
Sterling Energy losses widen as it progresses Odewayne
Upstream oil and gas company Sterling Energy reported an adjusted EBITDAX loss of $0. 29m (£0. 11m) in its first half on Friday, widening from its first half loss of $0. 26m a year earlier.
SpaceandPeople CEO stands down after two decades on the job
Media firm SpaceandPeople revealed on Friday that chief executive officer Matthew Bending would be stepping down from the board.
Fusion Antibodies soars on Covid-19 test progress
Fusion Antibodies shares soared after the antibody specialist said it had made progress on developing coronavirus antigen tests.
Thruvision secures $4.9m US Government contract
Screening technology firm Thruvision has been awarded a contract by US Customs and Border Protection for further units and associated support services.
Wilmington dividend suspended as it ends year in line
Data and business information company Wilmington reported preliminary results at the top end of its expectations for revenue and profit on Thursday, with revenues for the year falling 8% to £113. 1m.
Regional REIT puts in 'resilient' first half performance
Regional REIT reported an EPRA total return of 37. 3% since listing in 2015 in its half-year report on Thursday, representing 7% annualised returns for shareholders.
WANdisco revenue remains weaker as it launches new products
Data technology company WANdisco reported first-half revenue of $3. 6m (£2. 78m) on Thursday, down from $6m year-on-year.
Enwell Energy revenue falls as commodity prices weaken
Ukraine-focussed oil and gas exploration and production company Enwell Energy reported revenue of $24. 7m (£19. 07m) in its first half on Thursday, which was down 21% as a result of weakened gas prices in the period.