Shares of Environmental Tectonics Corporation’s (OTCMKTS:ETCC) have been moving within a narrow range over the past few months.
Market Reaction
On Tuesday, ETCC stock went down marginally to $0.32 with 2.80k shares, compared to its average volume of 3.3K shares. The stock has moved within a range of $0.3200 – 0.3200 after opening trade at $0.32.
ETC Awarded $1.8 Million Contract for its Sterilization Systems Group
Environmental Tectonics Corporation’s (OTCMKTS:ETCC) Sterilization Systems Group on November 30, 2021, announced being awarded a $1.8 million contract from an international customer.
The contract includes one, twelve pallet ethylene oxide sterilization chambers with automated pallet conveyance for utilizing sterilization of medical devices.
Eric Hunnicutt, ETC Director of EO Sterilizer Sales said that the contract is an example of the Group’s repeat business in EO sterilization as well as system controls. The company provides Ethylene Oxide and Steam Sterilizer Systems, Software Systems, Vacuum Dryers, and project management services to the Pharmaceutical, Medical Device, Biotechnology as well as Life Science industries.
The company’s systems are designed for meeting unique process system challenges. Designing, manufacturing, and selling software-driven products, ETC recreates and monitors physiological effects of motion on humans as well as equipment to simulate and measure environmental conditions.
ETC products include aircrew training systems, environmental testing, and simulation systems, besides products involving similar manufacturing techniques as well as engineering technologies. The company’s ability to provide complete systems, designed and produced for high technical standards makes it stand apart from the competition.
Headquartered in Southampton, PA, ETC also has products in disaster management systems, environmental testing, and some more products. More information on the company can be found on its website http://www.etcusa.com/.
