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Pin to quick picksSrt Marine Sys. Share News (SRT)

Share Price Information for Srt Marine Sys. (SRT)

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Share Price: 23.00
Bid: 22.00
Ask: 24.00
Change: 0.00 (0.00%)
Spread: 2.00 (9.091%)
Open: 23.00
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Low: 23.00
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Software Radio Technology receives order from India

Tue, 12th Feb 2013 13:24

Software Radio Technology, a developer and provider of maritime identification and tracking technologies and products, has received an order for 500 Identifiers from its Indian customer, which are set to be delivered before the end of April this year. The Identifiers are a customised version of SRT's standard Identifier product platform, and is for use on fishing vessels as part of India's general maritime domain awareness (MDA) investment programme. In 2008, the Indian government decided to create a national automatic identification system (AIS) network along its 7,500km coastline as part of the MDA investment programme. This was specified, tendered and installed within four years, giving India one of the world's most sophisticated AIS networks. The next phase in this programme is to fit local boats with an AIS device and the order for 500 Identifiers marks the latest stage in Software Radio Technology's efforts to develop the most appropriate solution, before commencement of a national rollout.Simon Tucker, Chief Executive Officer of Software Radio Technology, said: "With many hundreds of thousands of fishing vessels, India is an enormous market opportunity for SRT and we believe that our Identifier and Class B products provide ideal platforms which can be customised for specific requirements. "Whilst small, this order is a major step forward in the India vessel tracking programme and we look forward to continuing our work with Elcome to provide India with a robust and reliable small vessel tracking solution that the authorities are confident can be rolled out nationally."The share price rose 3.28% to 23.62p by 13:55.NR
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Copyright 2024 Alliance News Ltd. All Rights Reserved. 

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28 Dec 2023 13:33

SRT Marine Systems raises further GBP500,000 through retail offer

(Alliance News) - SRT Marine Systems PLC on Thursday said it has raised GBP500,000 through a retail offer of 1.4 million shares.

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21 Dec 2023 15:29

CORRECT: SRT Marine Systems raises funds for surveillance systems

(Corrects share price.)

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21 Dec 2023 15:24

SRT Marine Systems raises funds to boost surveillance systems business

(Alliance News) - SRT Marine Systems PLC on Thursday said it raised funds as it announced a further fundraise.

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20 Nov 2023 12:27

SRT Marine Systems receives £160m in orders for H2

(Sharecast News) - Maritime tech outfit SRT Marine Systems said on Monday that it has received £160.0m worth of orders during the second half of the trading year.

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UK earnings, trading statements calendar - next 7 days

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ConvaTec Group PLCTrading Statement
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Genel Energy PLCTrading Statement
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Hill & Smith PLCTrading Statement
HydrogenOne Capital Growth PLCQ3 Results
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Oxford Instruments PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Renalytix PLCQ1 Results
Revolution Beauty Group PLCHalf Year Results
Vesuvius PLCTrading Statement
Vodafone Group PLCHalf Year Results
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Ninety One PLC and LtdHalf Year Results
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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SRT Marine warns of interim loss

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SRT Marine Systems expects swing to half-year loss as waits for growth

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IN BRIEF: SRT Marine inks USD260,000 order with Japanese customer

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