908 Devices Awarded $10.4M Order from the United States Air Force for its Handheld MX908 Device

Rhea-AI Summary

908 Devices Inc. has been awarded $10.4 million in purchase orders from the U.S. Air Force and Air National Guard for its MX908 handheld mass spectrometry device with Aero module. The Aero module enables quick detection of chemical threats. The MX908 device is used to detect drugs, chemical agents, and explosives at trace levels.

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• 908 Devices Inc. awarded $10.4 million in purchase orders from U.S. Air Force and Air National Guard for MX908 device with Aero module

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BOSTON--(BUSINESS WIRE)-- 908 Devices Inc. (Nasdaq: MASS), a pioneer of purpose-built handheld and desktop devices for chemical and biochemical analysis, announces today that it has been awarded a total of $10.4 million in purchase orders from the United States Air Force and Air National Guard Fire & Emergency Services Program for its MX908 handheld mass spectrometry device with Aero module.

Approximately a third of the orders include Aero module upgrades, training, and support for existing MX908 devices previously deployed to the Air National Guard. The Aero module delivers additional capability to the MX908, enabling response teams to quickly detect and identify aerosolized chemical threats, such as Novichoks, pharmaceutical based agents and opioid analogs.

With this award, the U.S. Air Force has broadened its adoption of the MX908 device and Aero module to encompass both the Active and Reserve components of the service, along with the Air National Guard. These devices will now be stationed at over 130 installations, paving the way for enhanced emergency medical response and hazardous materials operations.

The MX908 handheld device utilizes the company’s proprietary High Pressure Mass Spectrometry (HPMS) technology to detect and identify priority drugs, chemical agents, and explosives at trace levels. The MX908 provides first responders with actionable information when dealing with unknown threats, helping to ensure public safety. For more information about 908 Devices and the MX908, visit 908devices.com

About 908 Devices

908 Devices is revolutionizing chemical and biochemical analysis with its simple handheld and desktop devices, addressing critical-to-life applications. The Company’s devices are used at the point-of-need to interrogate unknown and invisible materials and provide quick, actionable answers to directly address some of the most critical problems in life sciences research, bioprocessing, pharma/biopharma, forensics and adjacent markets. The Company is headquartered in the heart of Boston, where it designs and manufactures innovative products that bring together the power of mass spectrometry, microfluidic sampling and separations, software automation, and machine learning.

Forward Looking Statements

This press release includes “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts are forward-looking statements, including, without limitation, statements regarding the expected uses and capabilities of the Company’s products. Words such as “may,” “will,” “expect,” “plan,” “anticipate,” “estimate,” “intend” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. These forward-looking statements are based on management’s current expectations and involve known and unknown risks, uncertainties and assumptions which may cause actual results to differ materially from any results expressed or implied by any forward-looking statement, including the risks outlined under “Risk Factors” and elsewhere in the Company’s filings with the Securities and Exchange Commission which are available on the SEC's website at www.sec.gov. Additional information will be made available in the Company’s annual and quarterly reports and other filings that it makes from time to time with the SEC. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it cannot guarantee future results. The Company has no obligation, and does not undertake any obligation, to update or revise any forward-looking statement made in this press release to reflect changes since the date of this press release, except as may be required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231024771935/en/

Media Contact:

Barbara Russo

brusso@908devices.com

Investor Contact:

Carrie Mendivil

IR@908devices.com

Source: 908 Devices Inc.

FAQ

What is 908 Devices Inc.?

908 Devices Inc. is a pioneer of handheld and desktop devices for chemical and biochemical analysis.

What is the MX908 device?

The MX908 device is a handheld mass spectrometry device used to detect drugs, chemical agents, and explosives at trace levels.

What is the Aero module?

The Aero module is an upgrade for the MX908 device that enables quick detection of aerosolized chemical threats.

Who awarded the purchase orders to 908 Devices Inc.?

The purchase orders were awarded by the U.S. Air Force and Air National Guard.

What is the total amount of the purchase orders?

The total amount of the purchase orders is $10.4 million.