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

ShareCast News

Kromek in multiple contract win

Mon, 23rd Jun 2014 07:13

AIM-listed radiation detection technologies supplier Kromek has landed a contract with the US Defense Threat Reduction Agency for the design, manufacture and optimisation of high sensitivity, next generation, solid state detectors for the homeland security radiation detection market.

The contract is worth $1.45m to Kromek over the next two years and will begin next month.

The company was also granted contracts worth 150,000 due over of the next 12 months from the UK's Technology Strategy Board to develop an enhanced detection system for breast imaging in conjunction with the UK's Centre for Process Innovation.

Chief Executive Officer Arnab Basu said: "We continue to win new customers in our key markets, highlighting the strength of our technology and the growing adoption of the new capabilities we can offer to partners and customers across the world."

Additionally, the group's nuclear detection business has also recently signed contracts amounting to over $950,000 to supply innovative nuclear detection products to customers in the US and around the world, Kromek said.

The revenue from these are due both now and in the financial year ended 2015.


Related Shares:

Back to ShareCast 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.