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- Envirosuite (EVS) has signed more than $1 million in three new contracts in the first week of the second quarter for the 2021 financial year
- The first contract is with GHD Australia for the Smart Water Software, which will help engineers with wastewater treatment and desalination plants
- The second contract is a new six-year odour management contract with Veolia France
- While the third contract is with Turkey’s newest airport, Istanbul, for a noise management solution
- On market close, Envirosuite is up 8.33 per cent and is trading for 19.5 cents per share
Environmental intelligence solutions company Envirosuite (EVS) has had a strong start to the second quarter of the 2021 financial year.
The company has signed more than $1 million in new contracts in just the first week of the quarter.
The new contracts include the first sale from Envirosuite’s new Smart Water software product suite, a new wastewater plant odour management contract with Veolia France and a new noise management contract with Istanbul Airport in Turkey.
Smart Water software product
One of the world’s leading professional services companies for water, energy and resources, environment, and infrastructure, GHD Australia, has purchased the new EVS Water Designer Software.
The software solution significantly reduces the time needed to create efficient and effective designs for industrial water treatment plants. Water Designer is the first of many new EVS solutions software which is a result of the recent purchase of AqMB.
This new software will help GHD’s engineers in the modelling, design, calibration and validation of water, wastewater treatment and desalination plants.
Veolia France
Envirosuite has signed a new six-year odour management contract with Veolia France.
The Veolia signing is the sixth Veolia site, across four countries, to become a customer of Envirosuite, the new site signed is located in Bordeaux, France.
The Bordeaux plant is located near the residential community and is subject to strict odour regulations. The Envirosuite solutions will be used by plant’s operators to help manage the detection and prediction of odour as well as identification and workflow management.
Istanbul Airport
Istanbul Airport, Turkey’s newest airport, has signed a five-year contract with Envirosuite for a noise management solution. This airport opened in 2018 and aimed to accommodate 200 million passengers annually – the highest number for any airport globally.
Istanbul inspires to be the biggest and best-in-class airport around the globe and has issued an Environmental and Sustainability policy that emphasises
environmental impacts are being managed through effective planning.
To achieve this, the airport will need a seven by 24 operating licence. Envirosuite has the leading environmental management solution for airports, which is why Istanbul came to the company.
Together the three contracts have created a strong start to the second quarter for Envirosuite, by adding $200,000 in annual recurring revenue and more than $1 million in total order volumes.
CEO, Peter White, says he is pleased with the new contracts.
“These new contract wins so early in Q2 FY21 highlight both the attractiveness of Envirosuite’s solutions to global operators in water and airports and also the strength of our sales pipeline across all the sectors in which we operate,” he told the market.
On market close, Envirosuite is up 8.33 per cent and is trading for 19.5 cents per share.
