Jul 21 2010
American Micro Detection Systems, Inc. (AMDS), a privately held technology company with 30 years of experience developing and manufacturing innovative, real-time instruments which enable a cleaner and safer environment, announced that it received first round funding from Badger Meter, Inc. (NYSE: BMI).
The Badger Meter funding is a significant milestone enabling AMDS to finalize its development of the REX Generation 1 product and begin manufacturing in the Milwaukee area. AMDS also plans to move its marketing and sales operation to the Milwaukee area in the near future, as Milwaukee is a major hub city for water technologies and has been recognized by the United Nations for its clean water technology development.
The REX sensor has the ability to detect concentrations of dissolved metals in liquid flow systems down to the parts-per-billion (ppb) level in real-time. The self-calibrating instrument combines the use of a proprietary patented Nano Cellular Carbon (NCC) structure to selectively capture metal ions (providing greater than 1000-fold concentration) and a novel X-ray fluorescence geometry (XRF) for detection. AMDS is already working on a second product that will be able to detect hazardous chemicals, also to the ppb level, such as organic hydrocarbons leaking into the Gulf from the BP oil spill. AMDS believes that these premier technologies are the lowest cost solution for real-time/remote hands-off monitoring of drinking water, wastewater discharge, ultra-pure water for electronics, pharmaceutical, chemical, steel manufacturing, pulp and paper, mining and food industries.
According to Richard A. Meeusen, chairman, president and chief executive officer of Badger Meter, “Badger Meter chose to make an investment in AMDS because we believe they have the expertise to develop products that will have a positive impact on the environment. Badger Meter’s products help conserve water through accurate metering while AMDS’s products monitor the quality of water.”
Source: http://www.amdsinc.com/