Microsaic has signed a non-binding Heads of Terms (‘HoT’) with Deepverge to enter a multi-year Framework Services Agreement (‘Agreement’), which is expected to be signed on or before 31 March 2021.
Microsaic will supply miniaturised mass spectrometry equipment and services across Deepverge’s sales, marketing and distribution channels for the purpose of quality control and contamination detection in a range of markets. These include Human, Environmental Health and Diversified Industries in which Deepverge already commercially operates, including point of need and laboratory solutions for the chemical, biochemical, biofuel, brewing, biodegradable plastic, biologics and waste-water treatment industries.
This highly complementary addition to Deepverge’s sales portfolio also opens up opportunities to jointly develop new products, services and technologies, potentially including integration of its AI cloud-based data analytics plus best-in-class engineering.
Reflecting further the longterm market opportunities identified through this agreement, Microsaic will also be joining the EcoWaterOS Consortium, an end-to-end real-time water contamination, monitoring, detection and decontamination solutions provider network that was originally launched by Deepverge back on 26 February 2020.
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