Lumos has announced that it has secured a new three-year contract manufacturing agreement with Micro-Pak®, the global leader in mold prevention, for the Mold Analyzer system, a rapid testing platform developed by Lumos and designed for on-site detection of mould across supply chains and in consumer settings.
Lumos has already received its first purchase order under the deal, valued at US$250,000.
Lumos CEO Doug Ward, commented:
"This agreement demonstrates Lumos’ ability to convert substantial contract development programs into ongoing contract manufacturing agreements. We are proud to have worked with Micro-Pak to develop the Mold Analyzer from concept through to market launch. This first purchase order marks the start of commercial-scale manufacturing for Micro-Pak and represents valuable revenue for Lumos’ services business. We look forward to supporting Micro-Pak's commercial success via our ongoing relationship."
