TOMI reports $2.3M in enclosure orders year-to-date
TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) reported a $2.3 million increase in enclosure orders year-to-date, marking a 44% growth compared to the previous four years combined. The company attributes this surge to its SteraMist Integration System platform, which offers standardized products over custom-built solutions. Recent purchase orders include retrofits of SteraMist iHP technology into customers' existing enclosures, with a portion of the revenue expected to be recognized this quarter.
The Custom Engineered Systems division maintains an active pipeline totaling $3.2 million, separate from the reported enclosure orders. TOMI's SteraMist iHP technology uses Binary Ionization Technology, developed under a grant from the Defense Advanced Research Projects Agency, and targets controlled environments in life sciences research, manufacturing, and quality operations.
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