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Advance Nanotech, Inc.
Advance Nanotech's Owlstone Subsidiary Receives a $629,000 Order From Selex Galileo
July 11th, 2008
Advance Nanotech, Inc., (OTC Bulletin Board: AVNA), announced that its Owlstone Nanotech, Inc. ("Owlstone") subsidiary has received an order from SELEX GALILEO totaling $629,000. SELEX GALILEO, a Finmeccanica company and one of Europe's foremost Aerospace and Defense organizations, is a leader in surveillance, protection, tracking, targeting, navigation & control and imaging systems. This contract marks the third order in 18 months from SELEX GALILEO. Owlstone is expected to complete the contract delivery under this new contract by December 2008. The order from SELEX GALILEO requires Owlstone to further the development of its miniature chemical detection technology to...
Source: Health Business Week (2008-07-11)
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