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Tuesday, Sep 27, 2022
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JMAR Adds to Order Book

On-site, real-time environmental studies in the United States and the United Kingdom will use technology developed in San Diego County to keep hazardous material at bay.

Carlsbad-based JMAR Technologies, Inc. announced Aug. 16 that it will engineer and manufacture three advanced chemical detection units to be used with Pomona-based FemtoTrace’s Reversal Electron Attachment Detection technology, also known as READ.

The nearly $1 million deal announced this week expands a contract the two companies signed in 2003 that required JMAR to produce two advanced detection units. The third unit added to the order this week will be used for demonstrating and validating the capabilities of READ in a critical infrastructure security application.

“We are pleased to be moving forward into the next stage in our partnership with FemtoTrace, Inc.,” said Ronald Walrod, the president and chief executive officer for JMAR. “We will be working hard to complete all three beta units this year to meet the demand from FemtoTrace’s growing customer base for rapid chemical analysis.”

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Coupled with JMAR’s product, READ will allow major utilities in the United States and United Kingdom to detect the presence of dangerous polychlorobiphenyls, chemicals also known as PCBs. It can also be used to rapidly locate underground dielectric oil leaks using safe, environmentally friendly perfluorocarbon tracers.

JMAR Technologies, Inc. trades on the Nasdaq under the symbol JMAR. The stock closed today at 1.44.

Jessica Long

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