Company Interview / SciDev secures first US deal

SciDev inks a $400k contract with a US consulting firm to tackle chemical waste at defence sites. Sean Halpin from SciDev sees this as a milestone, enhancing SciDev's foothold in North America and proving their operational capability in the region.

Sean highlights the massive contamination issue of PFAS, known as 'forever chemicals', and SciDev's role in eradicating it from water sources. Their proprietary FloraFix technology removes PFAS via ion exchange, positioning SciDev as a leading player in the $220bn US remediation market.

With 65% of revenue from North America, strong margins, and a growing cash position, Sean sees further growth in established markets like North America and Europe. Despite regulatory hurdles, the market for PFAS treatment is expanding rapidly, making SciDev a promising contender.