SciDev secures $8M in new chemistry contracts

Full story: https://grafa.com/en/news/australia/scidev-secures-8m-in-new-chemistry-contracts

Key points

• SciDev has secured three contracts worth roughly $8 million to deliver MaxiFlox chemistry across three major industry sectors.

• The company expects total contract value to reach up to $12 million if clients exercise optional extensions.

• The deals support the firm's strategic push to expand its recurring revenue base across mining, utilities, and infrastructure.

SciDev (ASX:SDV) has secured three new chemistry supply contracts valued at approximately $8 million across the mining, utilities, and infrastructure sectors.

The initial contract terms range from one to three years, with extension options that could generate an additional $4 million in revenue.

The three supply agreements were secured following competitive tender processes involving SciDev's chemistry, dose-control technology, and technical support.

Todd Scott, CEO of SciDev, said, “Securing these contracts is a strong endorsement of SciDev’s technical capability and the value we deliver for our customers. All three were won on competitive tender against an integrated offering of chemistry, dose-control technology and technical service.”

SciDev expects to recognise approximately $5 million of the revenue in FY27, with roughly $3 million being incremental to FY26 levels.

The business stated that multi-year agreements contribute to its target of growing recurring revenue, which reached 38% of total revenue in FY26.

Following the announcement, the SciDev share price was unchanged at $0.14.

The new agreements include supply to a Hunter Valley coal mine, a municipal wastewater provider, and a national infrastructure developer.

Together with a $6 million contract announced in June, SciDev has secured roughly $14 million in new chemistry deals during 2026.