Email Facebook Twitter

#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects Watch Here

#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects
EXCLUSIVE: Petro Matad announce fully funded 4 well Mongolia campaign

Alliance News

Kromek Wins US Defence Agency Contract Extension Worth USD1.6 Million

Mon, 12th Mar 2018 09:46

LONDON (Alliance News) - Kromek Group PLC said Monday it was granted an 18-month contract extension by a US defence agency worth USD1.6 million.

Kromek - which makes radiation detection technology - said the US Defense Advanced Research Projects Agency which is part of the Department of Defense had awarded the extension to a high-volume production contract initially awarded in February 2016.

The initial contract had seen 10,000 of its D3S units delivered. The new extended contract will add "further technical innovation capability" to its D3S family of equipment.

"Having our D3S detectors positioned as a central pillar in DARPA's SIGMA programme is a testament to the capabilities of our state-of-the art technology and the strength of our relationship with DARPA," Kromek Chief Executive Officer Arnab Basu said. "With field tests continuing in the US and across the globe, the D3S is gaining traction as an invaluable tool to help cities detect and counter the threat of dirty-bomb attacks."

Shares in Kromek were 0.6% higher at 22.13 pence on Monday.

By Ahren Lester;

Copyright 2018 Alliance News Limited. All Rights Reserved.

Alliance News

Back to Alliance News

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.