Metir’s H1 revenue fell to £367,000 and its loss before tax widened to £543,000, while cash fell to about £188,000 by 25 September. The Board says an urgent fundraise is needed to avoid potential insolvency.
Metir said QuickChek SRB production is halted pending an antibody upgrade after demand exceeded capacity, with deliveries expected to restart in October 2026.
Kahramaa has reset the Phase 1 final project delivery milestone for the Qatar CTM project to October 2026, unlocking an outstanding milestone payment of approximately £161,000 and an additional performance payment of ca. £44,000. The letter also confirms the project is intended to continue for at least 10 years and sets out a Phase 2 tender intention for an additional 17 CTM systems.
Metir has entered into a Memorandum of Understanding with Portsmouth Aviation's Paqua division to evaluate integrated water treatment and biological water-quality monitoring solutions. The collaboration combines PaquaVida water purification technology with Modern Water's Microtox monitoring platform.
Metir plc achieved its first commercial sale of a PFAS detector to US-listed Veralto. The company also secured full proprietary IP ownership and planned UK field testing for Q3 2026 following an agreement with ProDecon Services.