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Reflect Scientific, Inc. (OTCBB: RSCF), based in Orem, Utah, is a leading provider of innovative cryogenic cooling technologies for various markets including healthcare, biotechnology, pharmaceutical, medical, industrial, and transportation. The company offers low-temperature freezers and refrigerated containers suitable for laboratory and transportation applications, and recently showcased its groundbreaking liquid nitrogen technology as an eco-friendly alternative to HFC refrigerants. Reflect Scientific, Inc. has secured a significant sale of its freezer systems to a major biopharmaceutical company, demonstrating its commitment to delivering cutting-edge and reliable storage solutions for the pharmaceutical industry.
Reflect Scientific (OTCQB: RSCF) has secured a $150,000 blanket order contract from a long-standing biotech client for consumable products. The contract spans five months, with revenue recognition split between Q4 2024 and Q1 2025. The partnership, which began in 2015, has supported the client through their development phase and commercialization of technology. The consumable products are part of Reflect Scientific's core offering to the biotechnology sector, where they provide cryogenic cooling solutions for biotechnology, pharmaceutical, medical, and transportation markets.
Reflect Scientific Inc. (OTCQB: RSCF) has secured a $225,000 order for its advanced blast freezing systems from a major Asia-based BioPharma company. This marks the eighth follow-on order from this client, indicating full adoption and standardization of Reflect Scientific's freezing technology. The order demonstrates the company's strong position in the global biotech market and the reliability of its products.
CEO Kim Boyce highlighted that this repeat order validates the superior performance and cost-effectiveness of their freezer systems. The sales from this order will be reflected in Reflect Scientific's third quarter 2024 financial results. This development signals positive momentum for the company as it expands its market presence and strengthens relationships with key industry players in the pharmaceutical and biotechnology sectors.
Reflect Scientific, Inc. announced sales of $105,000 from the L-80 MAX and L-80 Lite chillers, revolutionizing aluminum heat treatment in aerospace manufacturing. These chillers offer efficiency, precision, and safety, accelerating the quenching process and enhancing component durability. The success in aerospace opens opportunities for other industries. Reflect Scientific Inc. is actively exploring new sectors for their cooling technology.
Reflect Scientific Inc. (Symbol: RSCF) secured a $550,000 sale with a major biopharmaceutical company for its advanced freezing solutions. The sale includes multiple cutting-edge freezer systems shipped in the first and second quarters of 2024, marking a significant milestone in the relationship between Reflect Scientific and the buyer. The transaction highlights the growing demand for Reflect Scientific's innovative technologies and the trust major industry players have in their products, such as the T-90 Storage Freezer and T-160 Ultra Low Freezer. The sale reaffirms Reflect Scientific's commitment to providing reliable freezing solutions to the pharmaceutical industry.
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