Matrix Composites & Engineering (ASX:MCE) - CEO, Aaron Begley
CEO, Aaron Begley
Source: WA Business News
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Matrix Composites & Engineering (MCE) has won a $1.5 million contract from the WA Government
  • Under the contract, Matrix will design and manufacture two prototypes and up to 10 solar-powered bulk hand sanitiser dispensers, dubbed SOLSAN
  • SOLSAN, a Matrix innovation, has been developed to help the WA Government respond to the COVID-19 pandemic
  • The installation of the SOLSAN units is due by the end of the June 2021 quarter
  • On market close, Matrix is up 6.25 per cent and is trading at 17 cents per share

Matrix Composites & Engineering (MCE) has won a $1.5 million contract from the West Australian Government.

Under the contract, Matrix will design and manufacture two prototypes and up to 10 solar-powered bulk hand sanitiser dispensers, dubbed SOLSAN.

SOLSAN, a Matrix innovation, has been developed to help with the WA Government’s response to the COVID-19 pandemic.

The hand sanitiser units will be touchless and automatic, 4G communication-enabled and possess bulk storage capacity. Importantly, the product has over 10,000 dispenses before it needs a refill.

Additionally, the units have been developed to suit WA’s harsh and extreme weather conditions.

The installation of the SOLSAN units is due by the end of the June 2021 quarter.

CEO Aaron Begley says the contract aligns with Matrix’s strategy of using its expertise in materials science and advanced manufacturing to develop solutions.

“I am delighted that the WA Government has selected Matrix to provide this innovative product, which we believe is the first of its type to be designed and manufactured in Australia. It provides us with a fantastic opportunity to support the wider community whilst unlocking a significant new market opportunity for the company,” he said.

“The COVID-19 pandemic has highlighted the importance of robust public hygiene practices to prevent the spread of dangerous viruses. SOLSAN will facilitate these practices in Western Australia, helping to keep the community safe
during COVID-19 and beyond,” he added.

On market close, Matrix is up 6.25 per cent and is trading at 17 cents per share.

MCE by the numbers
More From The Market Online

Fletcher Building navigates uncertain market dynamics in FY24

Fletcher Building has flagged a softening of its Materials and Distribution divisions in Australia and New…

Elsight’s Halo tech makes its way into Lockheed Martin Indago 4 drones

ASX-listed and Israel-based defence tech player Elsight (ASX:ELS) has confirmed its 'Halo' drone tech has been…

AML3D to investigate copper-nickel alloy printing for US Defence

AML3D (ASX:AL3) has confirmed it has received a A$1.5M purchase order from the US DoD to…

AML3D boosts up role in Australian defence space with aerospace parts deal

3D printing specialists AML3D announced its acquisition of a contract to manufacture aerospace parts for Australia's…