BluMetric Announces $3.8 Million WaterTech Contract with Thales Canada to Upgrade Royal Canadian Navy Ships
Rhea-AI Summary
BluMetric Environmental (OTCQX:BLMWF) has secured a CA$3.8 million contract with Thales Canada to upgrade water systems on Royal Canadian Navy ships. The project focuses on enhancing potable water chemistry and extending the lifespan of shipboard water distribution systems.
The company's WaterTech Canada division in Carp, Ontario, will design, validate, and execute the project, with system delivery and commissioning expected within 18 months. This collaboration represents a significant development in BluMetric's Mission Ready Water solutions for military applications.
Positive
- Secured significant CA$3.8 million contract with major defense contractor Thales
- Project completion timeline of 18 months provides clear revenue visibility
- Strengthens position in military water solutions market
Negative
- None.
News Market Reaction – BLMWF
In the trading session that priced this news, BLMWF gained 2.12%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Ottawa, Ontario--(Newsfile Corp. - August 12, 2025) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announced it has signed a contract with Thales Canada, a subsidiary of Thales S.A. (HO.PA), to enhance the quality of potable water chemistry and extend the life of shipboard water distribution systems for the Royal Canadian Navy ("RCN").
"We are proud to launch this new product with our defence partner, Thales Canada, for the Royal Canadian Navy," said Scott MacFabe, Chair and CEO of BluMetric. "This new shipboard solution will improve the existing quality of potable water on the RCN's ships and increase the lifespan of the associated onboard distribution systems. There is no successful mission without water, and our Mission Ready Water solutions continue to meet the ever evolving and challenging water demands of the Canadian military."
The contract is valued at a total of CA
About BluMetric Environmental Inc.
BluMetric Environmental Inc. is a publicly traded environmental consulting and engineering company with expertise across professional and trade disciplines and technologies that allow for the design, fabrication and delivery of sustainable solutions to environmental and water challenges. BluMetric has more than 220 employees operating in ten offices and over 45 years of expertise. Headquartered in Ottawa, Ontario, BluMetric's team of industry experts serves Commercial and Industrial, Military, Mining and Government clients.
For more information, visit www.blumetric.ca or please contact:
| Scott MacFabe, Chair and CEO BluMetric Environmental Inc. Tel: 1-877-487-8436 x242 Email: smacfabe@blumetric.ca | Dan Hilton, CFO BluMetric Environmental Inc. Tel: 1-877-487-8436 x550 Email: dhilton@blumetric.ca |
| Brandon Chow, Principal & Founder Panolia Investor Relations Inc. Tel: 1-647-598-8815 Email: brandon@panoliair.com |
Forward-Looking Statements
Some of the statements in this press release, including those relating to the Company's quarterly and annual results, future products, opportunities and cost initiatives, strategies, and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates, and projections regarding future events. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262084