DoD Makes Award to Danimer Scientific via the Distributed Bioindustrial Manufacturing Program
Danimer Scientific, Inc. (DNMR)
Company Research
Source: Business Wire
Innovative biobased polyols for use in high performance coatings for ships, marine vessels, and steel piping. BAINBRIDGE, Ga.--(BUSINESS WIRE)--Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer”), a leading, next-generation biotechnology company focused on the production of biomaterials, announces an award from the U.S. Department of Defense via the Distributed Bioindustrial Manufacturing Program (DBIMP).Danimer Scientific has been awarded $1.36 million to develop plans for a facility to produce biobased polyols that can be converted into high-performance coatings for ships, marine vessels, and steel piping. These biobased coatings have superior properties to petroleum-based incumbents. Upon completion of its work under the current award, Danimer may become eligible to receive a follow-on award that could provide access to up to $100 million to build a U.S.-based manufacturing facility.The award is conferred as part of the White House's Executive Order 14081, "Advancing Biotechnology
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News
- Danimer Scientific, Inc. (NYSE: DNMR) had its price target lowered by analysts at TD Cowen from $40.00 to $5.50. They now have a "hold" rating on the stock.MarketBeat
- Danimer Scientific, Inc. (NYSE: DNMR) was downgraded by analysts at Piper Sandler from a "neutral" rating to an "underweight" rating. They now have a $4.00 price target on the stock, down previously from $40.00.MarketBeat
- Danimer Scientific Announces Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific Announces Third Quarter 2024 ResultsBusiness Wire
- Danimer Scientific Announces Release Date for Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
DNMR
Earnings
- 11/19/24 - Beat
DNMR
Sec Filings
- 11/19/24 - Form 424B3
- 11/19/24 - Form 10-Q
- 11/19/24 - Form 8-K
- DNMR's page on the SEC website