Metir inks water system deal with Portsmouth Aviation. Fri, 17th Jul 2026 15:18 (Sharecast News) - Metir announced Friday that it has signed a memorandum of understanding with Portsmouth Aviation to evaluate integrated water treatment and monitoring systems combining Portsmouth's PaquaVida purification platform with Metir's Modern Water Microtox biological monitoring technology. The AIM-traded firm said the companies will also assess potential collaboration in PFAS and pathogen detection, alongside joint customer engagement, demonstrations and pilot installations. It said the initial focus will be on opportunities across the Gulf Cooperation Council, where investment in desalination, water reuse and critical infrastructure is increasing demand for combined treatment and real-time monitoring solutions. Metir said the partnership could broaden the commercial application of its technology, while Portsmouth Aviation's mobile PaquaVida system can produce up to 300,000 litres of potable water per day in locations without established infrastructure. At 0905 BST, shares in Metir were down 9.68% aat 0.7p. Reporting by Josh White for Sharecast.com. See latest RNS on Investegate Shares in this article. 0.70 -9.68%

AIM movers: Itaconix and Eagle Eye beating expectations. 17/07/2026 Sustainable additives producer Itaconix (LON: ITX) increased interim revenues 72% to $8.3m with dishwasher demand continuing to rise. Guidance for revenues has been raised from $13.3m to at least $14.8m. There was growth in North America and Europe. Gross margins are improving. This should be enough to breakeven and invest more. There is plenty of spare capacity to grow into and new products are being developed. The share price gained 22.1% to 143.5p. Retail loyalty programme technology developer Eagle Eye (LON: EYE) beat expectations in 2025-26. Annualised recurring revenues increased 31% to £44.5m and net revenue retention was 111%. The loss of a major customer was going to this this year's profit but the fall from £6.6m to £3.4m was less than anticipated. The share price improved 7.53% to 500p. MicroSalt (LON: SALT) shareholder VHM Global Research has reduced its shareholding from 4.85% to 3.74%. The share price recovered 5.53% to 21p. Shares in Revolution Beauty (LON: REVB) rose 3.59% to 5.2p ahead of full year results on 21 July. Building products supplier Alumasc (LON: ALU) has suspended its new chief executive Pamela Bingham and it is investigating het professional conduct. She was appointed at the beginning of April 2026. The divisions have experienced management. Alumasc says trading is broadly in line with expectations, although forecasts have been trimmed. Underlying pre-tax profit is expected to decline from £14m to £10m. Housebuilding products sales grew by 16%, but strong comparatives and delays to orders meant that water management sales fell. The share price declined 8.7% to 210p. - Advertisement - Environmental monitoring technologies developer Metir (LON: MET) has entered a memorandum of understanding with Portsmouth Aviation subsidiary Paqua, which manufactures water purification systems. They will evaluate integrated water treatment and biological water-quality monitoring opportunities through combining technologies. The share price dipped 12.9% to 0.675p. The Property Finance Group (LON: TPFG) has fallen following the recent poor trading statement from Foxtons (LON: FOXT), but Canaccord Genuity says that the reduction in Foxtons revenues was due to past recognition. TPFG has always had a more conservative revenue recognition policy with revenues related to cash generation. The Renters' Rights Act may be having some effect on lettings, but it provides an opportunity to take on individual landlords who do not use agents at the moment. The 2026 pre-tax profit forecast is maintained at £33.2m. The share price fell 2.75% to 442.5p. The prospective multiple is less than 12.

Metir, a water and environmental monitoring company, has made its first US commercial sale of a PFAS detection unit to Veralto, a $20 billion water quality business listed on Nasdaq. Shares jumped 33% to 0.9p following the announcement. The unit, leased on a lease-to-purchase basis, will be deployed within Veralto's operations with potential for broader market rollout. PFAS, known as "forever chemicals", are persistent synthetic compounds found across industrial and consumer applications. Metir is also advancing UK and European partnerships, including field testing with ProDecon Services and an AI development agreement with Spanish firm FIDCHEM. The company has acquired sole ownership of its PFAS measurement intellectual property, developed with Swansea University. The move comes as regulatory pressure intensifies, with new EU water quality standards entering force in May 2026. The global PFAS testing market is projected to reach $969.5 million by 2030.