Cui Global, Inc. (NASDAQ:CUI)

WEB NEWS

Monday, July 16, 2018

Research

CUI Global Inc. (NASDAQ:CUI) ($2.83; $80.6m market cap), a company that engages in the acquisition, development, and commercialization of power and electromechanical components worldwide, announced it has secured a $660,000 contract:

“from a major UK gas operator for its large scale, biomethane metering skids that includes the Company's proprietary GasPT® analyzer and VE Technology® sample probe. The contract, valued at £500,000 (USD $660,000), is for the first of several skids anticipated to be designed, built, and delivered to the customer following the UK's recent approval of the Domestic and Non-Domestic Renewable Heat Incentive ("RHI") Scheme, which went into effect on May 22, 2018.”

We highlighted CUI in our June 1, 2018 email when we took a starter position.  You can see our full reasons for tracking the company here.



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