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BATM Advanced Communications plan to sell software business for nearly US$34mln

BATM Advanced Communications Limited's (LON:BVC) Zvi Marom speaks to Proactive London's Katie Pilbeam about their option agreement to sell its NGSoft software and digital services business for nearly US$34mln.

Marom explains that this deal will allow the company to focus on its areas of expertise which are cyber and biomedical. He goes on to discuss their COVID-19 kit which has been tested against the new SARS-CoV-2 variant - the virus that causes COVID-19.

He explains, the results confirm that it is effective in diagnosing this new strain.

Quick facts: BATM Advanced Communications Ltd

Price: 98 GBX

Market: LSE
Market Cap: £431.63 m

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