US$17M drosrite Contract with Radian Oil & Gas Services Comp Published in financial posr
Published May 18, 2023 • 4 minute read
MAHWAH, N. J., May 18, 2023 (GLOBE NEWSWIRE) — Drosrite International LLC, a private waste management technologies company based in New Jersey, USA, (the “Company” or “Drosrite International”), is pleased to announce that, a payment of $1.5 million was received as part of the $17 million DROSRITE™ contract with Radian Oil & Gas Services Company (“Radian”) in which Drosrite International was contracted by Radian for an initial order of 7 DROSRITE™ systems, the first three of which have passed site acceptance testing and have been fully commissioned, with the remaining four already manufactured and ready for deployment subject to a renewed payment schedule.
this is significant
drosrite business not dead :)
big relief