InfraStrata awarded a two-vessel contract worth £1.6m

InfraStrata, which is focused on strategic infrastructure projects and physical asset lifecycle management said it has won a contract award from ‘a globally recognised ferry company’ which will see the unnamed client have two of its ferries repaired at Harland & Wolff (Belfast).

Revolution Bars Group bounces back after bars see ‘rapid recovery’

Revolution Bars Group, which operates 66 premium bars trading under the Revolution and Revolucion de Cuba brands, said it has seen “huge pent up demand and a rapid recovery” since it recommenced trading outside last month across 20 of its bar venues.

Kromek Group says annual performance is ‘in line’ with market expectations

Kromek Group, which operates as a global supplier of detection technology focusing on the medical, security screening and nuclear markets, has released a positive trading update in which it said it has achieved ‘significant sequential revenue growth’ in 2H after entering the period with an extensive commercial pipeline and increased commercial activity.

Glantus begins trading on AIM market

Glantus, the provider of accounts payable automation and analytics solutions, announced that it has begun trading on London’s AIM market with the firm raising around £8.5 million. The stock opened this morning at 107.5p, a 5.4% premium to the placing price.

Movers of Monday 10 May 2021

See Today's Market Movers featuring Greggs, Kodal Minerals, Tern, URU Metals and Provident Financial

Avacta Group submits registration for CE mark for its AffiDX® rapid antigen test

Avacta Group, which develops cancer therapies and diagnostics based on its proprietary Affimer® and pre|CISION™ platforms, has submitted a declaration of conformity for CE mark for its AffiDX® SARS-CoV-2 antigen rapid test for professional use to the MHRA. It said it now expects to receive confirmation of this registration of the device ‘in the coming days.’

Cadence Minerals says second Amapa iron ore shipment has been completed in record time

Cadence Minerals, the mineral explorer, said the sale and shipment of the second batch of iron ore from the Amapa Iron Ore Project in Brazil has now been completed by DEV Mineração S.A. ("DEV") in recorded time (60 hours) which the company said bodes well for DEV's plan to increase the frequency of shipping from CDSA over the coming months.

Union Jack Oil appoints Gaffney, Cline & Associates to prepare CPR for West Newton

Union Jack Oil, the UK focused onshore hydrocarbon production, development and exploration firm, has appointed the international energy consultancy, Gaffney, Cline & Associates, to prepare a Competent Person's Report in respect of UJO’s PEDL183 licence which include the West Newton discoveries at the WNA-1, WNA-2 and WNB-1Z wells.

Polarean Imaging secures further 9820 Xenon Polariser system order 

Polarean Imaging the medical-imaging technology firm, announced that it has received an additional research unit order for the company’s 9820 Xenon Polariser system from the University of British Columbia ("UBC"). The Group said this new unit will continue to support UBC's pulmonary disease research programme using hyperpolarised gas imaging.

Open Orphan’s hVIVO signs £3m challenge virus manufacturing contract

Open Orphan, the specialist pharmaceutical services contract research organisation said its subsidiary, hVIVO, has signed a £3m contract with Imperial College London whereby it will develop a new SARS-CoV-2 challenge virus as part of an initiative funded by Wellcome Trust.