HomeFinTechEden Innovations: Receives $752k EdenCrete order

Eden Innovations: Receives $752k EdenCrete order

Eden Innovations: Receives $752k EdenCrete order

  • Eden Innovations (EDE) says it has received a purchase order for US$530,000 (A$751,900) worth of EdenCrete
  • The concrete additive will be used in Georgia’s Interstate Highway Repair Project, with work due to get underway in August
  • The order had been announced in April, but work on the project was delayed for several months due to supply issues
  • EDE’s EdenCrete product is also being used in two other highway repair projects in Georgia, with three new repair projects advertised for tender
  • Additionally, a trial of EdenCrete in bridge repairs is close to wrapping up and EDE hopes it will lead to another lucrative revenue stream
  • Company shares are trading up 9.09 per cent at 2.4 cents each
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