Scorpius Holdings, Inc. (NYSE:SCPX) announced that it has surpassed $100 million in near-term business development opportunities across government and commercial sectors.

The Company expects these opportunities to translate into substantial booked business and associated revenues over the next two quarters.

Also Read: EXCLUSIVE: Healthcare Service Provider Scorpius Projects Over 375% Sequential Increase In Q4 Revenue

Key opportunities include:

Jeff Wolf, CEO of Scorpius Holdings, commented, "We expect to close on many of these opportunities before the year's end, which will not only generate substantial revenue this year and next but also contribute significantly to our cash flow."

Price Action: SCPX shares closed lower by 8.09% at $4.72 Monday.