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Highlights

  • SciDev secures AUD 21.5 million in contracts across oil & gas, mining, and PFAS remediation.

  • Key deals include AUD 10 million expected from a U.S. energy major and multiple long-term domestic renewals.

  • Management forecasts FY26 revenue between AUD 120 million and AUD 140 million.

Shares of SciDev Ltd (ASX:SDV) jumped 20% on Monday to 36 cents after the company announced it had secured a total of AUD 21.5 million in new high-value contracts and renewals across several key sectors. The contracts, executed during May and June 2025, span oil and gas, mining, environmental remediation, and infrastructure, marking significant progress across the company’s strategic verticals.

Among the highlights is a Master Services Agreement signed with a blue-chip exploration and production company in the Permian Basin, a key oil and gas region in the United States. SciDev has also received a first commercial order for its Friction Reducer and CatChek™ technologies. This agreement is expected to contribute up to AUD 10 million in revenue during FY26.

In the environmental sector, SciDev signed a AUD 2.5 million contract with Generator Property Management to treat legacy PFAS contamination at the former Munmorah Power Station in New South Wales. The project will deploy the company’s FluorofIX™ technology, which is designed to address persistent and complex contamination challenges.

In the mining space, a three-year, AUD 6 million renewal contract was secured with a major Australian resources company for the continued supply of SciDev’s MaxiFlox® chemistry at a coal mine in Queensland. Additionally, the company executed a supply contract valued at AUD 2 million in support of a major Victorian infrastructure project, with revenue to be recognised in FY26.

SciDev also signed a new three-year agreement with a major New South Wales water utility for the supply of MaxiFlox®, expected to generate AUD 1 million in annual revenue.

Collectively, these wins builds SciDev’s growing order book and recurring revenue streams. Management noted that the outlook remains robust, with continued momentum expected across U.S. energy, international PFAS remediation, and domestic mining operations.

The company projects FY26 revenue to be in the range of AUD 120 million to AUD 140 million, subject to further contract conversions anticipated early in the financial year.

SciDev intends to positions itself as a market leader in innovative water treatment and resource recovery solutions. Its technologies are widely adopted across complex industrial applications where performance, sustainability, and compliance are critical.