These ASX shares have doubled in value in 2021

The market may be pushing higher in 2021, but its modest gain is nothing in comparison to those recorded by the two ASX shares listed below.

Here’s why these ASX shares have doubled in value this year:

The AnteoTech share price has been rocketing higher in 2021 and is up 127% since the turn of the year. Investors have been scrambling to buy the nanotechnology company’s shares due to developments with one of its major customers.

That customer is Ellume. Earlier this year the Australian medical device company signed a US$230 million (A$300 million) agreement with the U.S. Department of Defense (DOD) for its Emergency Use Authorization (EUA) COVID 19 at home test.

Ellume’s COVID-19 test was the first at-home test to gain US…