Mycelx jumps following water remediation system testing success

(Alliance News) - Mycelx Technologies Corp announced on Tuesday that it successfully completed a ...

Alliance News 25 January, 2022 | 2:48PM
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(Alliance News) - Mycelx Technologies Corp announced on Tuesday that it successfully completed a trial of its PFAS remediation system in the US.

Shares in Mycelx were up 18% at 81.93 pence on Tuesday afternoon in London.

The Georgia, US-based clean water and air technology company said the results of the trial confirm the ability of its PFAS remediation system to reduce contamination to a non-detect level in a single pass through the system.

PFAS refers to perfluoroakyl and polyfluoroalkyl compounds which are a collection of long-lasting man-made toxic chemicals that present a threat to the environment and human health.

The trial involved treating PFAS contaminated water from a storm water retention pond and successfully demonstrated the ability of Mycelx's system to completely remove all detected chemicals to non-detectable concentrations in a single pass.

By Heather Rydings; heatherrydings@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
MyCelx Technologies Corp 53.00 GBX 0.95 -

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