The ‘dirty bomb’ threat is growing. Islamic State is collecting radioactive materials and other dangerous chemicals as it powers through the Middle East – and even Nato is worried about what the murderous regime plans to do with them. Kromek, an AIM-listed company spun out of Durham University, has devised a way to minimise the threat posed by this kind of terrorist activity. The shares are 33½p and… Read More
"Discussions are also being held with governments around the world, as Kromek’s pocket detectors could become a routine part of police and army surveillance, helping to identify and deal with nuclear threats. The detectors could also be used at nuclear plants, both when they are in use and when being decommissioned. Basu was Kromek’s first employee when the firm was founded in 2005. The CZT technology developed at Durham University has so… Read More
Oh and here is rather more of the Midas article with no selective censoring.
"Kromek’s technology is used in devices including probes that can evaluate how and whether cancer is spreading in a patient and sophisticated machines that highlight conditions ranging from osteoporosis to heart disease. Some of this equipment is already on the market and some is in development, but Kromek is working with is working with top medical suppliers to make CZT products available in hospitals… Read More
Questor normally takes a dim view of companies that ask their shareholders for more money; we believe that cash should really be flowing in the other direction.
But when Kromek, the hi-tech imaging firm, raised £21m from investors earlier this month it was not motivated by a shortage of funds – instead, it strengthened its balance sheet to reassure its most important customers, including the American government, that its… Read More
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