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Remote Monitored Systems' Gyrometric hails two significant new contracts for its tech

David Orton, chief executive of GyroMetric Systems, which is 58% owned by Remote Monitored Systems PLC (LON:RMS), talks Proactive London's Andrew Scott through their 'novel and disruptive' technology which measures the parameters of rotating shafts.

The firm's recently entered agreements for two pilot projects - the first will see them working together with Clarke Energy, a leading supplier of power generation equipment in the UK.

The other's an agreement to install digital monitoring equipment on a critical drive at Tarmac Limited's Tunstead Cement Plant. Tarmac is a major sustainable manufacturer of cement.

Quick facts: Remote Monitored Systems

Price: 0.284 GBX

Market: LSE
Market Cap: £1.88 m

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on 8/4/20

2 min read