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Byotrol has announced a share issue that will raise £2.5m to fund the development of new products and deliver existing contracts.

The company, whose anti-microbial ingredients are used in products which combat the spread of superbugs and viruses, will place more than 31 million shares.

Chief executive Gary Millar said: “The placing will enable Byotrol to deliver on major contracts and build upon the excellent progress made in recent months.

“The continued support of our existing shareholders coupled with the interest of new institutions bears out the company’s strategy for growth.

“The directors are confident that the company will soon deliver on that strategy and generate revenue growth as focused partnerships and major contract wins come to fruition.”

Byotrol says that in the past 18 months it has made progress in in the industrials, food and beverage, healthcare and global consumer products sectors.

It now has a proven supply line and its products are available in major high street chains and specialist suppliers.

It highlights an agreement with Rentokil Initial, announced in July, as a major opportunity for the business.

The proceeds of the placing will be used to maintain the momentum generated by the company, to deliver existing contracts and therefore achieve sustainable profitability and cash generation.

Byotrol also intends to invest building its brand and develop new products. Each of th

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Tags: Issue, Share Issue

NASA has booked a charter suborbital flight from Virgin Galactic’s Spaceport America operation about 50 miles north of Las Cruces, N.M.

Virgin Galactic announced Thursday that the agreement calls for NASA to charter a full flight from the company, and it includes options for two additional flights. If all options are exercised, the contract is worth $4.5 million.

The flights would provide opportunities for engineers, technologists and scientific researchers to conduct experiments in suborbital space.

Virgin Galactic, owned by Sir Richard Branson’s Virgin Group and Aabar Investments PJS, says each mission allows for up to 1,300 pounds of scientific experiments.

The research flights mark an important milestone for Virgin Galactic.

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Tags: Space, Space Tourism

Wal-Mart, which announced in July that it would build a 210,000-square-foot corporate data center in northern Colorado Springs, has finalized its purchase of the site — paying about $5.3 million for the land.

The world’s largest retailer completed its purchase Friday, buying four parcels totaling 24 acres along Federal Drive, southeast of InterQuest and Voyager parkways, according to documents recorded with the El Paso County Clerk and Recorder’s Office.

Wal-Mart spokesman Josh Phair in Denver confirmed that the retailer has finalized its purchase but said he couldn’t add more details. Wal-Mar

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Tags: Data Center, Site

McGhee Tyson Airport will soon have full-body imaging equipment to screen passengers, a Transportation Security Administration spokesman said Tuesday.

Sometime in the next few weeks, a millimeter wave advanced imaging technology machine will be installed at the Knoxville airport, TSA spokesman Jonathan Allen said. He said a specific schedule has not been determined, but TSA will provide advance public notice

The imaging machine slated for McGhee Tyson will include new automated target recognition software that enhances passenger privacy, Allen said.

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Tags: Airport, Airport Get

Among Phyllis Moisan’s works of flower art are a replica of a bird dog for a hunter’s funeral, and an 18-wheeler for a truck driver’s services. The owner of Flowers From The Heart on Highland Avenue in Montgomery has been in the floral business most of her adult life. She’s fashioned flowers for joyous and terrible times.

“We used Styrofoam to form the dog, and fountain grass to make hair for the dog,” she said. “We made a horseshoe for a cowboy. We also did a Teddy Bear for a baby. I don’t like baby funerals. My favorites are weddings and flowers for new babies.”

The mother of one took over the business in August 2004 when it was on Ann Street before the development of the Walmart shopping center. Full Post…

Tags: Moisan, Phyllis Moisan